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.
This is a strong turnkey business with steady monthly volume, low overhead relative to the area, and significant room for scaling. Ideal for an owner-operator or investor looking for stable service business with long-term lease security. Location & Visibility: The shop is positioned in a high-traffic commercial corridor on North Queen St, known for strong automotive-related activity. Excellent visibility, easy access, and ample parking make this a strategic location for a detailing business. Current Operations: The business consistently delivers 40-60 cars per month across detailing packages, polishing services, and ceramic coating. This volume demonstrates stable customer flow and repeat clientele, indicating strong operational performance. Offering a full range of services - including: Exterior & interior detailing, Paint correction, Polishing and Ceramic coating. This diversified service menu attracts both everyday drivers and premium clients, increasing revenue potential and upsell opportunities. Revenue Potential With an average ticket value typically ranging from $150-$700+ depending on service level (especially with ceramic coating), the business is well-positioned for strong monthly income. Increasing ceramic coating volume can further boost margins. Lease & Overhead Stability: The rent is $3,500/month all-inclusive, locked in until 2028, with an additional 5-year extension option. This offers long-term stability and predictable operating costs - a major asset for any buyer or investor. Growth Opportunities: Expand into fleet services with local dealerships and rental agencies, Increase marketing through Google Maps & Instagram, Introduce tinting, PPF, or mobile detailing and Hire an additional technician to raise monthly volume above 80 cars. Competitive Advantage: The shop benefits from a combination of fair pricing, professional results, and a long-term favorable lease. The location's automotive-heavy traffic provides constant customer exposure.
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What’s NearbyDistances approximate
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Estimated Rental Income
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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$243/mo
Mortgage (principal + interest)$243
Minimum $3,250 down for this price; the slider moves in whole percent, starting at 5%. 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$13,000
Ontario land transfer taxProvincial brackets, no first-time refund$375
Toronto land transfer taxMunicipal brackets, no first-time refund$375
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$16,550
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Toronto adds its own land transfer tax; first-time buyers can get up to $4,475 back on it.
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.
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