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Active
MLS® C12875310

158 Augusta Ave

Toronto C01, ON M5T 2L5

$4,200,000

Type

Commercial Retail

Taxes (2025)

$53,928.77

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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.

Price & Status History

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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 Market62 days
PossessionTBA
Vick Yogeswaran - REALTOR

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Listing Courtesy of:

HOMELIFE BROADWAY REALTY INC.

This listing is provided through the TRREB MLS® System.

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MLS® #C12875310

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