Skip to main content
For Sale
Just Listed

518 Centennial Road N 1 #1

Centennial Scarborough, Toronto, ON
$249,900
0Bd
2Ba
sqft
98.41 ft frontagelot
CommercialMLS# E13073940Listed 2026-05-020 DOM

Just listed! New listings in Toronto often receive offers within the first week.

About this home

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 10 years 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.

Features

  • Yes

Financials

Annual Taxes
$0

Estimated Rental Income

Entire property$2,500 – $8,000/mo
Rental yield12.0% – 38.4%

*Estimates based on comparable rentals in the area. Actual income may vary.

Market Data — Toronto

Days on market0 days
Buyer's MarketSeller's Market

Based on active listings in Toronto. Data updates daily.

Demographics — Toronto

Population
2,794,356
Avg Household Income
$102,000
Age Distribution
0-19
19%
20-34
24%
35-49
21%
50-64
19%
65+
17%
Ownership
53% own · 47% rent
EnglishMandarinCantoneseTagalogTamil

MLS® data courtesy of the Toronto Regional Real Estate Board (TRREB).

The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Listing information is deemed reliable but is not guaranteed accurate by the Toronto Regional Real Estate Board, the listing brokerage, or this website. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. MLS®, Multiple Listing Service®, and the associated logos are owned by CREA. Not intended to solicit properties currently listed for sale or buyers under contract.

$249,900
518 Centennial Road N 1, Toronto
WhatsAppCall