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1025 Finch Avenue W, Toronto

$99,000

Status

For Sale

Price

$99,000

Category

Commercial

Size

4,300 SF

Neighbourhood

York University Heights, Toronto

Address

1025 Finch Avenue W, Toronto, ON

About this listing

Exceptional opportunity to take over an established automotive dealership location through lease assignment. **Business Corporation IS NOT FOR SALE** -only the leasehold interest and premises are being assigned. Located in a well-established automotive sales and service district with decades of industry presence, this property has operated as the same used car dealership for over 12 years, offering excellent exposure and a strong reputation within the local automotive community. The premises offer approximately **4,000 sq. ft. ** of space, including ** approximately 26 indoor vehicle spaces** and **7 exclusive outdoor parking spaces**. Functional layout features a management office, accounting office, small kitchen, 3-piece washroom, and ample workspace suitable for automotive sales or related uses. The property is equipped with **12 security cameras**, a monitored online security alarm system, and other operational improvements. The lease has been **recently renewed for a 5 -year term ending July 31, 2031**, with an **additional 5-year renewal option**, providing long-term stability for the new tenant (subject to landlord approval of the lease assignment). Excellent access to major highways and surrounded by well-known automotive dealerships, repair facilities, parts suppliers, and related businesses, making this an ideal location for automotive sales. A rare opportunity to secure a long-term location in one of the area's most recognized automotive corridors.

Listing courtesy of ROYAL LEPAGE TERREQUITY REALTY, distributed via CREA’s REALTOR.ca® Data Distribution Facility. Gitalis Real Estate is not the listing brokerage, we’re happy to represent you as your agent on this property.