Crosby · L4C 2Y1
$499,000
$112 / sq ft2 weeks on market
Rare opportunity to acquire a highly successful and well-established automotive business operating for 15 years at 60 Industrial Rd Unit B, Richmond Hill. This turnkey operation generates approximately $840,000 in annual gross sales and benefits from a highly attractive lease of only $6,734.67 per month including TMI. The premises feature 6 fully equipped service bays and 9 exclusive parking spaces, providing excellent capacity for repairs, maintenance, and vehicle sales operations. The property is zoned and licensed for both automotive repair and automotive sales, offering flexibility and multiple revenue streams for owner-operators and investors alike. Top Gear Automotive has built a strong reputation for quality workmanship, repeat clientele, and dependable service, creating a solid foundation for continued growth. A comprehensive list of equipment, tools, and chattels included in the sale will be provided separately.
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This home is priced above most comparable listings — about 85% of comparable business for sale listings in Richmond Hill are asking less.
Based on 34 comparable active business for sale listings in Richmond Hill. These are asking prices, not sale prices.
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An estimate on the asking price of $499,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.
Listing courtesy of CMI REAL ESTATE INC.. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.