29 - 2899 Steels Avenue

Toronto W05, ON

1,500 sqft • Sale Of Business • 174 days on market

$120,000

Excellent opportunity to acquire an automotive business in a high-traffic location with great exposure. Business for sale only; property not included. This versatile condominium commercial unit is well suited for use as a mechanic shop and car wash, featuring large front windows that provide maximum visibility and natural light. The unit offers convenient access from both Steeles Ave and Keele St and is ideally located close to Hwy 407 and Hwy 400, allowing easy access for customers and suppliers. The space includes a drive-in door for convenient vehicle access, a mezzanine level for additional workspace or storage, and one washroom. Functional layout in a highly accessible area, ideal for automotive-related operations. Lease term remaining: 3 years with a 5-year renewal option.

Listing Details

Listed: March 8, 2026

Price History

Listing history

Location & Legal

Cross Street: Steels Ave w / Keele St
Zoning: M2,MOFH
Possession: Flexible

Commercial

Business Type: Automotive Related
Occupancy: Tenant

Community

Postal area M3J

Population: 26,600
Private dwellings: 10,445
Median age: 36
Average household size: 2.7
Median household income: $75,500

Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.

Local market

Commercial in Toronto W05 · last 12 months

Median sold price: $825,000
Homes sold: 785
Median days on market: 26
Sale-to-list price: 97.8%

Based on 785 recorded sales of commercial properties in Toronto W05 over the last 12 months.

Listed by

T-ONE GROUP REALTY INC.,

Location

Street View

Commercial figures

Building area: 1,500 sq ft
Price per sq ft: $80.00

Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.

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