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$4,688,000

Commercial Retail

158 Augusta Avenue, Toronto, ON M5T 2L5Kensington-Chinatown

Listing Overview

MLS ID:C12376898
Status:New
Type:Commercial / Commercial Retail
Taxes:$53,928.77 / yr (2024)
Days on Market:217
Listed:2025-09-03
Last Updated:Sep 3, 2025
Cross Street:Dundas / Augusta
Data Source:PROPTX

Interior

Utilities

Heat Type:Baseboard

Outdoor / Lot

Lot Size:× 124ft
Lot Irregularities:Corner Frontage

Parking

Garage Type:Outside/Surface
Parking Spaces:3

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 Torontos Most Vibrant Neighbourhoods, And A Centre Of Torontos 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 Neighbourhoods, And Very Close To University Of Toronto. Public Transit Accessible, Including The 505 Streetcar Running Along Dundas St. West. Must See! Dont Miss Out! Turn Key Investment Opportunity, Hardware Store Can Be Sold Separately Or Be Vacant On Closing.

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