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Commercial Retail for sale at 158 Augusta Avenue, Toronto C01 - Photo 1 of 9
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Active

$4,200,000

158 Augusta Ave

Toronto C01, ON M5T 2L5

158 Augusta Ave, Toronto C01Listed at $4,200,000 Commercial Retail. MLS® C12875310.

6,464Sq Ft
Retail Store Related
Commercial Retail
$53,928.77 (2025)

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.

Business Details

Property Sub-TypeCommercial Retail
Business TypeRetail Store Related
Property UseMulti-Use
Occupant TypeOwner+Tenant
Showing RequirementsSee Brokerage Remarks
Possession TypeFlexible
Listing Expires9/11/2026

Commercial Space & Financials

Retail Area6,464 Sq Ft

Industrial Specifications

Outside StorageNo

Property Details

Property TypeCommercial Retail
CommunityKensington-Chinatown
Lot Dimensions32.08 × 124 ft
Dir/Cross StDundas / Augusta
Garage TypeOutside/Surface
Heating TypeBaseboard
A/CNo
SewersSanitary+Storm Available
Taxes (2025)$53,928.77
HSTIn Addition To
SecurityNo
Listed Date3/12/2026
Days on Market126 days
PossessionTBA
Vick Yogeswaran - REALTOR

Your agent: Vick Yogeswaran

REALTOR® · RE/MAX Realtron Realty Inc.

Same-day showings available
WhatsApp Us About This Listing

Property Insights

Listing Courtesy of: HOMELIFE BROADWAY REALTY INC.

MLS® #C12875310

TRREBMLS®

The listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The listing data is deemed reliable but is not guaranteed accurate by TRREB. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

© 2026 Toronto Regional Real Estate Board. All rights reserved.

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About Toronto Real Estate

This Commercial Retail is located in the Kensington-Chinatown community in Toronto. Toronto is Canada's largest city and the economic hub of the Greater Toronto Area. With world-class transit, diverse neighbourhoods from the Annex to Scarborough, and proximity to major employers in the Financial District, it remains the most sought-after real estate market in Ontario. Buyers benefit from extensive GO Transit and TTC subway connectivity.

TTC subway & streetcar networkWorld-class dining & entertainmentUniversity of Toronto & major hospitals nearbyWaterfront trails & ravine parks
Walkability: Highly walkable — many neighbourhoods score 80+ on Walk Score
View full Toronto neighbourhood guide →