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Home ON Greater Toronto Area Toronto Old Toronto Kensington Kensington-Chinatown
158 AUGUSTA AVENUE
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158 AUGUSTA AVENUE $4,688,000
$4,688,000
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158 AUGUSTA AVENUE
Toronto (Kensington-Chinatown), Ontario M5T2L5

MLS® Number: C12376898

Listing 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. (41182107)

Location Description

Dundas / Augusta

Property Summary

Property Type
Retail
Community Name
Kensington-Chinatown
Land Size
32.08 x 124 FT ; Corner Frontage
Annual Property Taxes
$53,928.77
Total Parking Spaces
3
Time on REALTOR.ca
103 days

Building

Heating & Cooling
Cooling
None
Heating Type
Baseboard heaters
Utilities
Water
Municipal water
Business
Business Type
Retail and Wholesale (Retail misc.)
Parking
Total Parking Spaces
3

Measurements

Square Footage
6464 sqft

Land

Lot Features
Frontage
32 ft
Land Depth
124 ft
Other Property Information
Zoning Description
CR 2.0 (c2.0; r1.5) SS2 (x2457)
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SIMON M CHAN