395 Red Maple Road, Richmond Hill, ON
Property Highlights
Welcome to this remarkable sale of business located in the coveted neighborhood of Langstaff. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $149,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 0 Bedrooms and 0 Bathrooms
- Spacious lot size measured in Feet
- Convenient outside/surface garage included
- equipped with partial central cooling and highly efficient electric forced air heating
Description
Excellent opportunity to acquire an established, turnkey automotive repair business in a prime Richmond Hill location near Yonge Street & 16th Avenue. This well-equipped operation is being offered as a complete business package, including the business name, goodwill, established customer relationships, transferable client database (where permitted), and all equipment required to continue operations.The facility offers approximately 2,460 sq. ft. plus two large mezzanine areas, featuring 4 service bays, 2 overhead garage doors, one man door, office area, washroom, and excellent shop layout. Included equipment consists of a 10,000 lb. hoist, tire machine, wheel balancer, compressor with hard-line air system, shop press, workbenches, shelving, transformers, 600V & 240V power, Varasol station, mini paint booth with exhaust system, oil disposal system, office furniture and supplies, and additional machinery required for a turnkey automotive repair operation.Located in an exceptional area with high visibility and accessibility, minutes from shopping, major amenities, and approximately a 10-minute walk to the GO Station. Current gross rent is approximately $4,200/month including TMI. New 3-year lease available for qualified purchaser with immediate possession possible.Seller represents the business and equipment are free and clear of liens. A fantastic opportunity for an automotive professional or investor looking to step into an established operation. Buyers to conduct their own due diligence regarding financials, lease terms, and transferable business assets.
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Property Summary
This sale of business located at 395 Red Maple Road, Richmond Hill is currently for sale and has been available on SousaSells for 2 days. This property is listed at $149,000 with an estimated mortgage of $496* per month. It has 0 beds, 0 bathrooms, and is unknown square feet. 395 Red Maple Road, Richmond Hill is in the Langstaff neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
Additional Details
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Property History
No historical data available for this property.
This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 395 Red Maple Road 3, Richmond Hill, ON L4C 6P3
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Richmond Hill, ON
For a property listed at $149,000 in Richmond Hill, the legal minimum down payment is $7,450 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $1,215 for this transaction. As this listing is in Richmond Hill (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $1,215.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.