+ 24 photosFor Sale · Sale Of Business
471 Garyray Drive Unit 1 & 2, Toronto, ON M9L 1P9
Toronto W05 · Humber Summit
20 days on market
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Beds
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Baths
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Parking
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Sq ft
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Built
About this home
- Established automotive repair business in Toronto's Humber Summit area, approximately 5,200 SF
- Includes extensive equipment, tools, machinery, and vehicle
- Long-term lease available with low cost structure
- Seller reports approximately 10% gross cap rate and 6.5% net cap rate, subject to verification
- Business serves fleet accounts and dedicated client base
- Currently generating revenue from retiring owner
Key points summarised from the listing description.
Property details
Listed on
August 27, 2026
Days on market
20 days
Property tax
$8,249.25 (2025)
Lot
133 × 336.32 Metres
Heating
Electric Forced Air
Cooling
Yes
MLS®
W13716384
Full details
Parking
GarageCovered
Property & sold history
Listing history
| Date Start | Date End | Price | Status | Listing ID |
|---|---|---|---|---|
| August 27, 2026 | — | $499,999 | For Sale | W13716384 |
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Run the numbers
True cost to close
What you actually need in cash — land transfer tax, closing costs, and your down payment.
Purchase price
$
Down payment · 20.0%
$
Down:or type any amount above
Legal fees
$
Title insurance
$
Home inspection
$
Ontario land transfer tax$6,475
Toronto municipal LTT$6,475
Legal · title · inspection$2,800
Closing costs$15,750
Down payment$100,000
Total cash to close$115,750
Estimates only, not legal or tax advice. Ontario LTT rates 2025; City of Toronto MLTT applies inside Toronto (incl. Scarborough, North York, Etobicoke, York, East York). Durham and Markham buyers pay no municipal LTT.
