395 Red Maple Road 2, Richmond Hill, ON L4C 6P3
Langstaff · L4C 6P3
$198,800
$124 / sq ft1 months on market
- Total area
- 1,600 sf
What's special
- Double detached garage
About this property
Excellent opportunity to acquire an established, turnkey Automotive Service business in a prime Richmond Hill location near Yonge Street & 16th Avenue. This well-equipped operation offers oil change, tire service, and automotive repair services, making it an ideal opportunity for an experienced automotive professional or investor. The sale includes the business name, goodwill, established customer relationships, transferable client database where permitted, and all equipment required to continue operations. The approximately 1,600 sq. ft. facility plus one large mezzanine areas, 2 overhead garage doors, 1 man door, office, washroom. Extensive equipment includes one 10,000-lb hoist & one 9,000-lb hoist, tire machine, wheel balancer, compressor with hard-line air system, workbenches, shelving, transformers, oil disposal system, office furniture and supplies, plus additional machinery required for a turnkey automotive operation. Excellent location with high visibility and accessibility, minutes from Yonge Street, shopping, major amenities, and approximately a 10-minute walk to the GO Station. Current gross rent is approximately $3,955/month including TMI. A new 3-year lease is available for a qualified purchaser, with immediate possession possible. Seller represents that the business and equipment are free and clear of liens. A fantastic opportunity to step into an established automotive operation with existing infrastructure, equipment, and customer base. Business sale only.
Property details
Property
- Property type
- business
- Interior size
- 1,600 sq ft
- Zoning
- Industry
- Possession
- Flexible
Interior
- Heating
- Electric Forced Air
- Cooling
- No
Exterior & services
- Garage
- Double Detached
- Sewer
- Septic
Costs
- List price
- $198,800
- Price per sq ft
- $124
Listing
- MLS® number
- N13865642
- Status
- For sale
- Listed
- October 6, 2026
- Days on market
- 30
- Last updated
- October 6, 2026
- Listing brokerage
- RE/MAX REALTRON REALTY INC.
Price & sale history
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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 in line with comparable listings — about 51% of comparable business for sale listings in Richmond Hill are asking less.
- This home
- $124 / 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
- Principal & interest
- $1,044.24
- Estimated monthly
- $1,044
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
- $1,713
- Total due on closing
- $1,713
An estimate on the asking price of $198,800. Rates current as of September 2026; confirm the final figure with your real estate lawyer.
Listing courtesy of RE/MAX REALTRON REALTY 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.
Comparable sales nearby
What similar homes in this area actually sold for.
Nearby sold prices are hidden
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