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158 Augusta Avenue in Toronto: Kensington-Chinatown Commercial for sale (Toronto C01) : MLS®# C12875310

158 Augusta Avenue Toronto M5T 2L5 : Kensington-Chinatown

Main Photo: 158 Augusta Avenue in Toronto: Kensington-Chinatown Commercial for sale (Toronto C01)  : MLS®# C12875310
$4,200,000 /For Sale
Prop. Type:
Commercial
MLS® Num:
C12875310
Status:
Active
Bus Major:
Retail Store Related
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 Type:
Commercial
Property Sub Type:
Commercial Retail
Freestanding:
No
Total Area:
6464 sq. ft. Square Feet
Total Area:
Switch units of measure6,464 sq. ft.
Retail Area:
6464 sq. ft. Sq Ft
Lot Depth:
Switch units of measure124'
Lot Frontage:
Switch units of measure32'1"
Water supply:
Municipal
Zoning:
CR 2.0 (c2.0; r1.5) SS2 (x2457)
Heating type:
Baseboard
Garage:
Outside/Surface
Parking Spaces:
3
Possession Details:
TBA
Lot Irregularities:
Corner Frontage
HST Applicable To Sale Price:
In Addition To
Type Taxes:
Annual
Taxes:
$53,928.77 / 2025
Assessment:
$- / -
Toronto
Toronto C01
Kensington-Chinatown
No
All Items Belongs To The Tenant.
No
Utilities:
Yes
Sewers:
Sanitary+Storm Available
Air Conditioning:
No
Seller Property Info Statement:
No
Major Business Type:
Retail Store Related
Category:
Multi-Use
Outside Storage:
No
Date Listed:
Mar 12, 2026
Original Price:
Previous Price:
Listed by HOMELIFE BROADWAY REALTY INC.
Data was last updated April 27, 2026 at 06:15 AM (UTC)