158 Augusta Avenue,Toronto C01, ON M5T 2L5
Toronto C01, ON M5T 2L5
Description
Excellent opportunity for investor or owner-occupier. Located within historic Kensington Market, a busy commercial area that has long been an iconic shopping, foodie, hangout and tourist destination. Kensington Market is one of Toronto's most vibrant neighbourhoods, and a centre of Toronto's cultural life. Subject property is a corner lot, 2-storey commercial building of 6,464 sq. ft. with rarely-found 4 surface parking spaces. The main floor is owner-occupied as a well-established hardware store while the 2nd floor is leased as an arcade entertainment venue called "Midnight Arcade". Hardware store can stay or vacate. CAC & heating are available to the 2nd floor. Size does not include high & dry basement. Significant potential for expansion with unused lot area. Very high foot traffic within a walkable community. Within walking distance to Chinatown and Toronto Western Hospital. Adjacent to Queen Street West and Lower Annex neighborhoods, and very close to University of Toronto. Public transit accessible, including the 505 streetcar running along Dundas St. West. Must see! Don't miss out! Turn Key Investment Opportunity, Hardware Store Can Be Sold Separately Or Be Vacant On Closing.
Details
| MLS # | C13848118 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | New |
| Year | 0 |
| Days On Site | 34 |
| Listing Provided By | HOMELIFE BROADWAY REALTY INC. | C13848118 079201 |
Features
| SQ Feet | 6,464 |
|---|---|
| Acreage | 0.15 |
Interior
| Cooling | No |
|---|
Exterior
| Security Features | No |
|---|
Utilities
| Utilities | Yes |
|---|---|
| Sewer | Sanitary+Storm Available |
Taxes
| Tax Annual Amount | 53928.77 |
|---|---|
| Tax Type | Annual |
| Tax Legal Description | LT 7-8 PL 753 CITY WEST; CITY OF TORONTO |
| Tax Year | 2026 |
Area Information
| Province | ON |
|---|---|
| County | Toronto |
| City | Toronto C01 |
| Postal Code | M5T 2L5 |
| Area | Kensington Chinatown |
| Listing VS Median (in M5T 2L5) | |
Price: $3,988,000 low | high Med: $3,988,000 sqft: 6,464 low | high Med: 6,464 $ / sqft: $617 low | high Med: $617 On site: 34 low | high Med: 34 | |
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Learn More About This Property
| Province | ON |
|---|---|
| County | Toronto |
| City | Toronto C01 |
| Postal Code | M5T 2L5 |
| Area | Kensington Chinatown |
| Listing VS Median (in M5T 2L5) | |
Price: $3,988,000 low | high Med: $3,988,000 sqft: 6,464 low | high Med: 6,464 $ / sqft: $617 low | high Med: $617 On site: 34 low | high Med: 34 | |
