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For Sale

158 Augusta Avenue, Toronto, ON M5T 2L5

$3,988,000

  • Commercial Retail
  • MLS® C13848118

Listing Brokerage: HOMELIFE BROADWAY REALTY INC.

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.

Property details

MLS® number
C13848118
Transaction
For Sale
Property type
Commercial
Style / use
Commercial Retail
Community
Kensington-Chinatown
City
Toronto C01
Building area
6464 Square Feet
Lot width
32.08 Feet
Lot depth
124 Feet
Heating
Baseboard
Cooling
No
Garage
Outside/Surface
Taxes
$53,928.77
Tax year
2026
Business type
Retail Store Related
Retail area
6464
Listing brokerage
HOMELIFE BROADWAY REALTY INC.

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