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. Listing data provided by the Toronto Regional Real Estate Board (TRREB). Data is deemed reliable but not guaranteed.
Seize this rare opportunity to purchase a successful and established car wash located in Komoka, in an affluent community just outside London. Excellent Investment Opportunity in Komoka, Ontario. Free Standing 4-Bay Car Wash, which includes 2 vacuums and a coin machine &office area. Total Building Area: Car Wash: 3,280 SF car wash area which is currently rented to a tenant for operations. Front Hair Salon: approx. 420 SF - Front Area leased to a Hair Salon tenant. Located directly on Komoka Road, near St. Clair St. Solid Brick building. Well maintained building. Zoning: C1-16 - Village Commercial. Site Area: approx. 0.376 acres. Asking Price: $1,050,000 include the property and car wash business. Steady Income year to year. Additional income is obtained from vending machine.
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Age Groups
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Owners vs Renters
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What’s NearbyDistances approximate
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Transit score information is not available for this listing.
Nearby everyday places are not available for this listing.
Always confirm school catchments with the local school board.
Estimated Rental Income
Rental estimate coming soon
We’re not showing a number until we have a data source we trust. When it’s connected, this section will show:
A monthly rent range from nearby leased homes of the same type and size
The leased comparables behind it (signed-in, VOW-gated)
Gross yield at the current list price
Monthly Cost
A quick estimate to plan with. Taxes come from the listing; change the other inputs to match your situation.
Estimated monthly$4,578/mo
Mortgage (principal + interest)$3,928
Property taxFrom listing: $7,804/yr$650
Minimum $80,000 down for this price; the slider moves in whole percent, starting at 8%. Under 20% adds mortgage default insurance. Confirm with a lender.
Mortgage uses Canadian semi-annual compounding. Houses-Gate doesn’t offer financing.
Estimated Budget
About how much cash you’ll need on closing day, besides the mortgage.
Down payment20% of the list price$210,000
Ontario land transfer taxProvincial brackets, no first-time refund$17,475
Legal fees & disbursementsTypical range $1,800–$2,800$1,800
Home inspectionTypical range $500–$800$600
Title insuranceTypical range $300–$600$400
Cash needed at closingEstimate$230,275
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Middlesex Centre has no municipal land transfer tax (Toronto does).
Uses Ontario’s land transfer tax brackets and the down payment set in Monthly Cost. Legal, inspection and title-insurance figures are typical ranges, not quotes.
Listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The data is deemed reliable but is not guaranteed to be accurate. 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.
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.
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor HousesGate shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.
