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For saleMLS® N13865642

395 Red Maple Road 2, Richmond Hill, ON L4C 6P3

Langstaff · L4C 6P3

$198,800

$124 / sq ft

1 months on market

Total area
1,600 sf
0

What's special

  • Double detached garage

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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

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 in line with comparable listings — about 51% of comparable business for sale listings in Richmond Hill are asking less.

$29KMedian $198K$584K
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

Down payment5.0% · minimum $9,940
$9,940
Interest rate5-year fixed, illustrative only
4.49%
Amortization
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.

$198,800

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