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For saleMLS® W13716384

471 Garyray Drive Unit 1 & 2, Toronto, ON M9L 1P9

Humber Summit · W05 · M9L 1P9

$499,999

2 months on market

Lot
133 × 336.32 ft

What's special

  • Covered garage
  • Yes

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About this property

Are you a MECHANIC? or aspiring ENTREPRENEUR/OWNER ?. we are presenting a wonderfully established automotive business opportunity(especially from a retiring owner who is currently generating revenue) in Toronto's Humber Summit area. It is Approx. 5,200 SF including retail area approx 1000SF, extensive equipment/tools/machinery and vehicle included as specified. Potential long-term low cost lease structure and significant upside for an experienced operator. Seller reports approx. 10% gross / 6.5% net cap rate, subject to verification. Don't just work in the business-own it. Don't miss this great opportunity in established location in North york with dedicated clients such as Fleet accounts and much more! Book your showings today!

Property details

Property

Property type
business
Lot size
133 × 336.32 ft
Zoning
industrial /commercial
Possession
Flexible

Interior

Heating
Electric Forced Air
Cooling
Yes

Exterior & services

Garage
Covered

Costs

List price
$499,999
Property taxes
$8,249 / year (2025)

Listing

MLS® number
W13716384
Status
For sale
Listed
August 27, 2026
Days on market
70
Last updated
August 27, 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 above most comparable listings — about 86% of comparable business for sale listings in Humber Summit are asking less.

$101KMedian $182K$544K

Based on 14 comparable active business for sale listings in Humber Summit. These are asking prices, not sale prices.

Mortgage estimate

Down payment5.0% · minimum $25,000
$25,000
Interest rate5-year fixed, illustrative only
4.49%
Amortization
Principal & interest
$2,626.35
Property tax (est.)
$687.44
Estimated monthly
$3,314

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
$6,475
Toronto municipal
$6,475
Total due on closing
$12,950

An estimate on the asking price of $499,999. 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.

$499,999

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Comparable sales nearby

What similar homes in this area actually sold for.

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