ONTorontoToronto C01158 Augusta Avenue
158 Augusta Avenue
Interior view
Interior view
9
For Sale124 days on Market

158 Augusta Avenue

Toronto C01, ON, M5T 2L5

Community:Kensington-Chinatown

Asking Price

$4,200,000

Frontage

32.08 ft.

Lot Depth

124 ft.

Square Foot

6,464 ft.

Lot Area

Zoning

Commercial

158 Augusta Avenue, Toronto C01, M5T 2L5

Property Description

Original Remarks

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 HISTORY

158 Augusta Avenue

PROPERTY DETAILS

OccupancyCommercial Retail
Possession TypeFor Sale
Heating TypeBaseboard
WaterMunicipal
SewersSanitary+Storm Available
Retail Area6,464 ft
Ownership Type
Basement
Garage TypeOutside/Surface
Elevator
CommunityKensington-Chinatown
Hours Open
CategoryMulti-Use
LLBO
Days Open
Business / BuildingLot
Employees
Financial Statement
Franchise Seats
Drive Parking Spaces3
Drive Parking Spaces

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Consult Type

Consult typically takes 30–45 minutes