How can Zara help?Zara · AI virtual agent · 24/7 · free
Zara is an AI virtual agent. Advisors are licensed REALTORS® at Coldwell Banker Summit Realty, Brokerage.
2 Bath Commercial Property in Toronto
Unit 1 at 518 Centennial Road North
High visibility landmark location offering approx 131ft corner frontage/ exposure along Kingston Road with significant signage. Suits specialty automotive shop, auto repair, collision service, used car lot, other. Take over this turnkey business established over the last 10years serving as a mechanic shop previously the site of John's Tires.Exclusive use of 17 parking spaces along Kingston Rd. 5 vehicles can fit inside. there are 3hoists and all of the equipment you will need for a fully operational mechanic shop with tremendous potential for growth! Seller has an extensive book of business he is willing to share upon exit.Profit and Loss Statements (Lankar - Software) and List of Equipment/ Chattels (included)subject to Confidentiality Agreement.The interior layout includes office, reception area, 2 washrooms, staffroom, mezzanine,changing area, and a parts storage room/ area. Watch the Virtual Tour for an in-depth overview of the interior and exterior
Toronto business priced at $149,900 — book a tour to see if it fits your search.
Inside 518 Centennial Rd N #1
Every detail from the listing, in one place.
Type
Business
Features & systems
Lot & land
Lot size (sqft)
0
Listing & possession
Property class
Sale Of Business
518 Centennial Rd N #1 Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® E14081310$149,900
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 518 Centennial Rd N #1 Compares to the Toronto Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Zara’s estimate
$•,•••,•••
Estimated from city-wide sales. There isn’t enough detail on this listing to rate the price.
Transit, schools, parks and everyday places near this home. Select any place to open it on Google Maps.
How long is your commute?
From 518 Centennial Rd N #1. Typical times without traffic delays; transit times aren't available yet.
For homeowners nearby
Own a home on Centennial Road North? See what yours is worth
Get an instant estimate for your own home, based on recent sales around you. A free account shows the number and emails you the full report.
Free · No obligation · Backed by Coldwell Banker
Book a tour of 518 Centennial Rd N #1 with a licensed buyer's agent
Your agent is usually paid from the seller's side. We'll confirm the co-operating commission on this listing before you sign anything.
Zara, any time
Zara · AI virtual agent
Ask about 518 Centennial Rd N #1 day or night. Zara reads this listing and answers in plain words. When you want a person, she hands you to a licensed agent.
A licensed local agent
Your agent shows you the home, checks the paperwork and negotiates your offer, on your side, not the seller's.
Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Average days on market31Homes sold in about 31 days on average.
Sale-to-list ratio5040.9%On average, homes sold at or above asking.
Active listings13,350Homes for sale here right now.
Median vs prior 90 days+2.8%Compared with Apr 18 – Jul 17, 2026: prices up.
Based on 9,409 sales from Jul 17 – Oct 15, 2026 (6,682 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Schools nearby
Closest first, straight-line distance
St. Dominic Savio Catholic SchoolElementary · Catholic · Toronto Catholic District School Board530 m7 min walk
Rouge Valley Public SchoolElementary · Toronto District School Board640 m8 min walk
Centennial Road Junior Public SchoolElementary · Toronto District School Board810 m10 min walk
Meadowvale Public SchoolElementary · Toronto District School Board860 m11 min walk
School attendance boundaries change, and a nearby school may not serve this address. Check school boundaries with the board before you rely on them.
Distance is not enrolment: public and Catholic boards assign schools by attendance boundary. Confirm with the local school board's school locator before you buy.
Nearest subway, GO and LRT stations first, then bus and streetcar stops. 3 stops within a 10-minute walk.
518 Centennial Rd N #1 is listed at $149,900 (MLS® E14081310). Summitly updates the price as soon as the MLS® record changes.
Has the price of 518 Centennial Rd N #1 changed?
No — 518 Centennial Rd N #1 is still listed at its original asking price of $149,900.
How many bedrooms and bathrooms does 518 Centennial Rd N #1 have?
518 Centennial Rd N #1 has 2 bathrooms. It is a commercial property in Toronto.
What schools are near 518 Centennial Rd N #1?
The 4 closest schools to 518 Centennial Rd N #1 in a straight line are St. Dominic Savio Catholic School (Elementary · Catholic, Toronto Catholic District School Board), about 530 m (about a 7-minute walk); Rouge Valley Public School (Elementary, Toronto District School Board), about 640 m (about a 8-minute walk); Centennial Road Junior Public School (Elementary, Toronto District School Board), about 810 m (about a 10-minute walk); and Meadowvale Public School (Elementary, Toronto District School Board), about 860 m (about a 11-minute walk). School attendance boundaries change, and a nearby school may not serve this address. Check school boundaries with the board before you rely on them. School locations are from OpenStreetMap.
Is 518 Centennial Rd N #1 close to transit?
The nearest rapid-transit station is Rouge Hill GO Station (Lakeshore East GO), about 2.4 km in a straight line. The closest bus or streetcar stop is Ellesmere Rd at Muirbank Blvd, about 320 m (about a 4-minute walk). Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
How does 518 Centennial Rd N #1 compare with other homes in Toronto?
Its asking price of $149,900 is about 82% below the median sold price in Toronto over the last 90 days, $849,000, across 9,409 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 518 Centennial Rd N #1 been sold before?
Summitly has no earlier MLS® sale or lease of 518 Centennial Rd N #1 on record from the last two years. Older records aren't shown under TRREB rules.
Where is 518 Centennial Rd N #1?
518 Centennial Rd N #1 is in Toronto, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 518 Centennial Rd N #1 been on the market?
518 Centennial Rd N #1 was listed today (October 15, 2026).
What is the land transfer tax on 518 Centennial Rd N #1?
About $2,448 at the asking price of $149,900: $1,224 Ontario land transfer tax plus $1,224 Toronto municipal land transfer tax. First-time buyers can get up to $4,000 back from Ontario and up to $4,475 from Toronto. Legal fees and other closing costs are extra.
How do I book a viewing of 518 Centennial Rd N #1 or make an offer?
Select "Book a viewing" on this page and pick a time. A licensed Coldwell Banker Summit Realty, Brokerage agent confirms it with the listing brokerage. When you're ready, your agent prepares the offer with you and submits it to the listing brokerage.
What is the property tax for 518 Centennial Rd N #1?
The listing for 518 Centennial Rd N #1 doesn't publish the annual property tax. The property tax calculator linked at the foot of this page gives an estimate for Toronto.