1025 Finch Avenue W
1025 Finch Avenue W
$118,000
$27.44/sq ft · 30 days on market
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.
| Monthly Mortgage (P&I) | $514 |
| Property Tax (MLS) | $10,867 |
| Maintenance Fees | $0 |
| Total Monthly Cost | $11,382 |
Down payment: $23,600 (20.0%) · Mortgage: $94,400
Property tax uses MLS annual tax of $130,409/yr. Uses the standard Canadian semi-annual compounding convention. Estimates only—not a pre-approval or offer of credit. Actual rates and eligibility may vary. Provincial sales tax on mortgage insurance, when applicable, is not included. Consult a mortgage professional for accurate figures.
Property Details
Listing provided by ROYAL LEPAGE TERREQUITY REALTY
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Data last updated: August 23, 2026 at 06:27 a.m.