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158 Augusta Avenue, Toronto, ON M5T 2L5

Toronto C01, ON, M5T 2L5 · Kensington-Chinatown

Sq Ft
3 Parking
Commercial Retail Type
C12875310 MLS#

About this property

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.

Features & Amenities

  • Garage: Outside/Surface
  • Cooling: No
  • Heat Type: Baseboard
  • Sewer: Sanitary+Storm Available

Property Details

Property Type Commercial
Property Sub-Type Commercial Retail
Garage Outside/Surface
Parking Spaces 3
Heat Type Baseboard
Cooling No
Sewer Sanitary+Storm Available
Annual Tax $53,929
Tax Year 2025

Building & Construction

Building Area Total
6464

Heating & Cooling

Heat Type
Baseboard
Cooling
No

Parking & Garage

Garage Type
Outside/Surface
Parking Spaces
3

Lot & Land

Lot Size Units
Feet
Lot Depth
124.00
Lot Width
32.08
Lot Irregularities
Corner Frontage

Financial & Tax

Tax Annual Amount
$53,929
Tax Year
2025
Possession Type
Flexible
Possession Details
TBA

Utilities & Services

Sewer
Sanitary+Storm Available
Utilities
Yes

Additional Details

Occupant Type
Owner+Tenant
County Or Parish
Toronto
Cross Street
Dundas / Augusta
Directions
Dundas / Augusta
Showing Requirements
See Brokerage Remarks

Location

158 Augusta Avenue, Toronto, ON M5T 2L5, Toronto C01, ON, M5T 2L5

Listing courtesy of HOMELIFE BROADWAY REALTY INC.
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