2 - 60 Industrial Road, Richmond Hill
Rare opportunity to acquire a highly successful and well-established automotive business operating for 15 years at 60 Industrial Rd Unit B, Richmond Hill. This turnkey operation generates approximately $840,000 in annual gross sales and benefits from a highly attractive lease of only $6,734.67 per month including TMI. The premises feature 6 fully equipped service bays and 9 exclusive parking spaces, providing excellent capacity for repairs, maintenance, and vehicle sales operations. The property is zoned and licensed for both automotive repair and automotive sales, offering flexibility and multiple revenue streams for owner-operators and investors alike. Top Gear Automotive has built a strong reputation for quality workmanship, repeat clientele, and dependable service, creating a solid foundation for continued growth. A comprehensive list of equipment, tools, and chattels included in the sale will be provided separately. (id:1945)
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Property details for 2 - 60 Industrial Road, Richmond Hill
- Type
- Commercial
- Bathrooms
- 2
- Living Area
- 4,445 square feet
- Lot Size
- .59 Acres
- Heating
- Forced air, Natural gas
- Cooling
- None
- Annual Taxes
- $4
Nearby Listings Stat
Estimated price and comparable properties near 2 - 60 Industrial Road
Active Listings
55
Min Price
$418,800
Max Price
$1,399,900
Avg Price
$797,247
Days on Market
42
days
Sold Listings
23
Min Sold Price
$499,900
Max Sold Price
$1,689,000
Avg Sold Price
$868,447
Days until Sold
54
days
Neighbourhood Census Data
Richmond Hill, Ontario
Population
1,103
Median Age
47.6
Median Income
$17,779
Dwelling Value
$698,604
Housing Tenure
Owners 25%
Renters 74%
Age Distribution
Dwelling Types
Commute Mode
Education Level
Housing Age
Commute Duration
Avg Household Size: 2.2
Pop. Density: 1,384.6/km²
Avg Shelter Cost: $1,633/mo
Owners with Mortgage: 60.7%
Owners Spending 30%+: 42.9%
Tenants Spending 30%+: 55.7%
English only: 82.6%
English and French: 5%
Neither: 12.3%
Median Household Income: $33,579
Median Employment Income: $20,032
Price History
Listed
August 29, 2026
by CMI REAL ESTATE INC.
Current Price
$499,000
Type
Commercial
For Sale
