2 - 60 Industrial Road, Richmond Hill, ON L4C 2Y1
Crosby, Richmond Hill · Near Yonge/Elgin Mills · View map
About this home
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.
The home
- Type
- Sale of business
- Square footage
- 4445 sq ft
- Bathrooms
- 2
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
Heating & cooling
- Heating type
- Gas Forced Air Open
Garage & parking
- Driveway spaces
- 9
- Total parking
- 9
Taxes & other
- Property taxes
- $4/yr
- Tax year
- 2025
- Occupancy
- Owner
- Possession
- TBD
- Cross street
- Yonge/Elgin Mills
- Neighbourhood
- Crosby
More
- MLS® number
- N13724832
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No features listed yet.
- Mortgage
- Property tax
- Maintenance fee
Cash needed to close
Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.
60 Industrial Road, Richmond Hill, ON L4C 2Y1
Crosby, Richmond Hill · Near Yonge/Elgin Mills
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Listing history for 60 Industrial Road
See what this home and others at the same address were listed for, what they sold for, and how long it took.
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Frequently asked questions about 2 - 60 Industrial Road
Answers come straight from this home’s MLS® listing.
How much is 2 - 60 Industrial Road listed for, and what would it cost each month?
2 - 60 Industrial Road is listed for $499,000. With 20% down ($99,800), the mortgage payment would be roughly $2,013 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $2,013 a month, all in. That figure is an illustration, not a quote.
Is 2 - 60 Industrial Road freehold or a condo, and is there a monthly fee?
2 - 60 Industrial Road is a sale of business in Crosby, Richmond Hill. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.
Does 2 - 60 Industrial Road have a garage and parking?
The listing does not show a garage. The driveway adds 9 spaces. In total the listing counts 9 parking spaces.
What style of home is 2 - 60 Industrial Road?
2 - 60 Industrial Road is a sale of business. Commercial property covers retail, office, industrial and investment buildings and businesses for sale or lease.
How is 2 - 60 Industrial Road heated and cooled?
Heating is gas forced air open. The listing does not show air conditioning.
What are the property taxes for 2 - 60 Industrial Road?
Property taxes are $4 a year (2025), or about $0 a month.
Where is 2 - 60 Industrial Road?
2 - 60 Industrial Road is in the Crosby community of Richmond Hill. The nearest main intersection is Yonge/Elgin Mills. The postal code is L4C 2Y1.
Is 2 - 60 Industrial Road still for sale?
Yes. It is an active listing (MLS® N13724832). Listings here update from the board through the day and come down once a home sells.
What are similar properties near 2 - 60 Industrial Road asking?
Similar properties for sale nearby right now include 10670 Yonge Street W at $399,000, 10165 Yonge Street at $380,000 and 25 & #26 - 328 Highway 7 E at $480,000. These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 60 Industrial Road sold for?
Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.
How do I book a showing at 2 - 60 Industrial Road?
Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.
Have a different question? Ask about this home and get an answer, usually within the hour.
Similar properties nearby
More properties for sale near Crosby, picked by style, size and price.
Sale of business$399,00010670 Yonge Street W, Richmond HillCrosbyCourtesy of: HOMELIFE GOLCONDA REALTY INC.View home →
Sale of business$380,00010165 Yonge Street, Richmond HillCrosbyCourtesy of: HOUSESIGMA INC.View home →
Sale of business$480,00025 & #26 - 328 Highway 7 E, Richmond HillDoncrestCourtesy of: RC BEST CHOICE REALTY CORPView home →Courtesy of: CMI REAL ESTATE INC.
Listing information comes from the Toronto Regional Real Estate Board through PropTx and is deemed reliable but is not guaranteed accurate. It is provided for consumers' personal, non-commercial use. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.