518 Centennial Road, Unit 1, Toronto, ON
Property Highlights
Welcome to this remarkable sale of business located in the coveted neighborhood of Centennial Scarborough. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $149,900 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 2 Bathrooms
- Spacious lot size measured in Feet
- Convenient in/out garage included
- equipped with yes central cooling and highly efficient gas forced air open heating
Description
High visibility landmark location offering approx 131ft corner frontage/ exposure along Kingston Road with significant signage. Suits specialty automotive shop, auto repair, collision service, used car lot, other. Take over this turnkey business established over the last 10years serving as a mechanic shop previously the site of John's Tires.Exclusive use of 17 parking spaces along Kingston Rd. 5 vehicles can fit inside. there are 3hoists and all of the equipment you will need for a fully operational mechanic shop with tremendous potential for growth! Seller has an extensive book of business he is willing to share upon exit.Profit and Loss Statements (Lankar - Software) and List of Equipment/ Chattels (included)subject to Confidentiality Agreement.The interior layout includes office, reception area, 2 washrooms, staffroom, mezzanine,changing area, and a parts storage room/ area. Watch the Virtual Tour for an in-depth overview of the interior and exterior
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Property Summary
This sale of business located at 518 Centennial Road, Toronto is currently for sale and has been available for 5 days. This property is listed at $149,900 with an estimated mortgage of $499* per month. It has 0 beds, 2 bathrooms, and is unknown square feet. 518 Centennial Road, Toronto is in the Centennial Scarborough neighborhood.
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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Ideal for small families, couples, or individuals seeking a manageable and comfortable living layout in Centennial Scarborough, Toronto.
- •2 well-appointed bathrooms
- •Desirable Sale Of Business architecture in Centennial Scarborough, Toronto
First-time home buyers, professionals, or investors seeking value.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
None listed
Interior Features
None listed
Security Features
- No
Community Features
- Major Highway
- Public Transit
Property History
No historical data available for this property.
This could be the first listing for this address.
Looking to Buy a Home in Toronto?
If you are looking for a house in Toronto or researching Toronto real estate for sale, this sale of business at 518 Centennial Road, Unit 1, Toronto, ON offers an exceptional opportunity to buy a home in Toronto, Ontario. Whether you are a first-time Toronto home buyer or comparing active Toronto MLS® homes for sale, working with a dedicated Toronto buyer agent ensures you receive priority showing access, unrepresented buyer protection, and aggressive price negotiation.
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Under Ontario REBBA/TRESA regulations, the listing brokerage is legally bound to the seller's financial interests. Work with an experienced Toronto realtor & real estate broker who represents you 100%—at zero cost to you as a buyer.
Toronto Buyer Budget & Costs
Estimated mortgage: $499*/month*. Estimated Ontario Land Transfer Tax: $2,448. First-time Toronto home buyers may qualify for up to $8,475 in rebates.
Frequently Asked Questions: Buying a Home in Toronto
Frequently Asked Questions about 518 Centennial Road, Unit 1, Toronto, ON
Q.What is the asking price for 518 Centennial Road, Unit 1, Toronto, ON ?
The current listing price for 518 Centennial Road, Unit 1, Toronto, ON in Centennial Scarborough, Toronto is $149,900.
Q.How many bedrooms and bathrooms does this property have?
This property features null bedrooms and 2 bathrooms.
Q.What property type and architectural style is 518 Centennial Road, Unit 1, Toronto, ON ?
518 Centennial Road, Unit 1, Toronto, ON is a Sale Of Business () featuring a basement.
Q.What neighborhood and community amenities are nearby?
Community features and nearby amenities include: Major Highway, Public Transit.
Q.What security features are installed at 518 Centennial Road, Unit 1, Toronto, ON ?
Security features include: No.
Q.What heating and cooling systems are installed?
Heating is provided via standard central heat and cooling via Yes.
Virtual Tour & 3D Walkthrough
Location
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Open in Google MapsNeighborhood Safety & Crime Analytics
Centennial Scarborough, Toronto
50 assaults (338.0/100k)
19 B&E (128.4/100k)
29 thefts (196.0/100k)
Stable vs previous year
Formula: (Annual Occurrences / Population) Ă— 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.
Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.
Pricing & Value Insights
Data-driven valuation for 518 Centennial Road N 1, Toronto, ON M1C 2A6
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 Toronto, ON
For a property listed at $149,900 in Toronto, the legal minimum down payment is $7,495 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 $1,224 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $1,224 also applies, bringing the total estimated land transfer taxes to $2,448.
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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.
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