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For saleMLS® N13724832

60 Industrial Road 2, Richmond Hill, ON L4C 2Y1

Crosby · L4C 2Y1

$499,000

$112 / sq ft

2 months on market

Bathrooms
2
Total area
4,445 sf
0

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About this property

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.

Property details

Property

Property type
business
Bathrooms
2
Interior size
4,445 sq ft
Zoning
Industrial
Possession
TBD

Interior

Heating
Gas Forced Air Open
Cooling
No

Exterior & services

Water
Comm Well
Sewer
Sanitary+Storm Available

Costs

List price
$499,000
Property taxes
$4 / year (2025)
Price per sq ft
$112

Listing

MLS® number
N13724832
Status
For sale
Listed
August 29, 2026
Days on market
68
Last updated
August 29, 2026
Listing brokerage
CMI REAL ESTATE INC.

Price & sale history

This property's sale history is hidden

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Before you make an offer

What this home costs beyond the asking price, and how that price compares to what else is on the market.

How this price compares

This home is priced above most comparable listings — about 86% of comparable business for sale listings in Richmond Hill are asking less.

$29KMedian $198K$584K
This home
$112 / sq ft
Comparable median
$111 / sq ft

Based on 43 comparable active business for sale listings in Richmond Hill. These are asking prices, not sale prices.

Mortgage estimate

Down payment5.0% · minimum $24,950
$24,950
Interest rate5-year fixed, illustrative only
4.49%
Amortization
Principal & interest
$2,621.10
Property tax (est.)
$0.33
Estimated monthly
$2,621

Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.

Land transfer tax

Payable on closing, on top of the purchase price.

Ontario
$6,455
Total due on closing
$6,455

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.

$499,000

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Comparable sales nearby

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Nearby sold prices are hidden

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