471 Garyray Drive, Toronto, ON

$428,000
MLS#:W12417351
0 beds
0 baths
Commercial
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Property Highlights

Welcome to this remarkable sale of business located in the coveted neighborhood of Humber Summit. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $428,000 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 0 Bathrooms
  • Premium 133 x 336.32 ft lot size
  • Convenient covered garage included
  • equipped with yes central cooling and highly efficient electric forced air heating

Description

Business for sale An amazing rare opportunity in one of the best location of the GTA , around 5000sqft potential low rent and long-term lease with the potential extension for another 5 years. Well-known business with the GROSS income cap rate IS AROUND 10% And net cap rate of 6.5% lots of tools, machines, equipment's and vehicles. List all belongings, inclusion and exclusion is on attachment and will explain with all the details during the showing time. Don't lose this opportunity for the professional mechanics. This is one of the time of opportunity ready to go and a lots of potential to improvement These 3 vehicle inc of business Mb c280 2006Ford F150 2011 RWD Ford F 150 2012 4WD list in attachments

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Key Features

Property Type
Commercial

Additional Details

StatusPrice Change
Listed Date9/15/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeSale Of Business
Lot Size133 × 336.32 Acres
CountyToronto
Annual Tax$8,249.25

Parking & Garage

Garage TypeCovered

Heating & Cooling

Heat TypeElectric Forced Air
CoolingYes

Features

Property Features

Interior Features

Security Features

Community Features

Location

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471 Garyray Drive, Toronto, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 471 Garyray Drive, Toronto W05, ON M9L 1P9

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Toronto.

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Interest Rate5.25%
Down Payment$21,400 (5.0%)
* Minimum Canadian down payment required for this price is $21,400.
Amortization Period25 Years
Estimated Monthly Payment$2,423Based on a loan of $406,600 over 25 years.
Purchase Price$428,000
Loan Amount$406,600
Provincial Land Transfer Tax:$5,035
Toronto Municipal Land Transfer Tax:$5,035
Total Estimated Closing Taxes:$10,070

About Purchasing a Home in Toronto, ON

For a property listed at $428,000 in Toronto, the legal minimum down payment is $21,400 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 $5,035 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $5,035 also applies, bringing the total estimated land transfer taxes to $10,070.

Nearby Listings

Distance:

No current listings found in Toronto.

City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Humber Summit, Toronto.

Verified Local Data
City Population2,794,356
City Median Age39.2 Yrs
City Ownership48% Owners
Avg Area List Price$1,901,945

People & Families

Age Distribution

Household Composition

One-person households
32%
Families with children
36%
Couples without children
24%
Other households
8%

Top Ethnic Origins

Chinese11%
English9%
Canadian8%
East Indian8%

Local Schools Guide

Elementary Schools

St Roch
Public174 Duncanwoods Drive, Toronto, Ontario, M9L 2E3
5.6
Venerable John Merlini
Public123 Whitfield Avenue, Toronto, Ontario, M9L 1G9
5.5
St John Vianney
Public105 Calstock Drive, Etobicoke, Toronto, Ontario, M9V 1J5
5.9
St Jude
Public3251 Weston Road, Toronto, Ontario, M9M 2T9
4.7
St Angela
Public220 Mount Olive Drive, Etobicoke, Toronto, Ontario, M9V 3Z5
6.2

Secondary Schools

Emery
Public3395 Weston Road, Toronto, Ontario, M9M 2V9
2.8
North Albion
Public2580 Kipling Avenue, Etobicoke, Toronto, Ontario, M9V 3B2
3.6
Thistletown
Public20 Fordwich Crescent, Etobicoke, Toronto, Ontario, M9W 2T4
4.9
Westview Centennial
Public755 Oakdale Road, Toronto, Ontario, M3N 1W7
1.6
Father Henry Carr
Public1760 Martin Grove Road, Etobicoke, Toronto, Ontario, M9V 3S4
4.4

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied48%
Rented52%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

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.