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$1

251 Augusta Ave

Toronto C01, ON M5T 2L8

251 Augusta Ave, Toronto C01 — Listed at $1 Sale Of Business. MLS® C12881650.

1,086Sq Ft
Restaurant
Sale Of Business
$1Taxes/yr · 2025
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Description

Location, location, location! Don't miss this rare opportunity to own a turn-key restaurant in the heart of Kensington Market, one of Toronto's most iconic and dynamic neighborhoods. This fully equipped establishment offers 1,086 sq. ft. of main-floor dining space, an outdoor patio for extra seating, and a basement for storage-a functional layout ready for immediate operation. Recent upgrades include a brand-new patio countertop, flooring, salad bar, freezer, deep fryer, and flat top, along with two hoods (10 ft and 12 ft) to accommodate a wide range of cooking options. The restaurant features a well-loved halal menu with crowd-pleasing favorites like burgers, sandwiches, tacos, wraps, loaded chips, build-your-own salads, crispy chicken wings, fries, and more. With constant foot traffic, late-night hours, and an unbeatable location, this is your chance to step into a thriving, ready-to-go food business in a high-demand area frequented by locals, creatives, foodies, students and tourists. Seller is very motivated, bring your offer.

Property Details

Property TypeSale Of Business
CommunityKensington-Chinatown
Lot Dimensions1 × 1 ft
Dir/Cross StCollege and Bathurst
Garage TypeNone
Heating TypeGas Forced Air Closed
A/CYes
SewersSanitary+Storm
Taxes (2025)$1
HSTIncluded In
SecurityYes
Listed Date3/13/2026
Days on Market244 days
PossessionTBA

Business Details

Property Sub-TypeSale Of Business
Business TypeRestaurant
Property UseWithout Property
Occupant TypeOwner
Hours of Operation11-11
FranchiseNo
Chattels IncludedNo
Seating Capacity40
Full-Time Employees4
Financial StatementsNot Available
Showing RequirementsGo Direct, Lockbox
Possession TypeImmediate
Listing Expires9/30/2026

Commercial Space & Financials

Retail Area1,086 Sq Ft

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Listing Courtesy of: KW Living Realty

MLS® #C12881650

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 Sale Of Business 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
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