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158 Augusta Avenue

Toronto C01, ON M5T 2L5

ActiveFor Sale
0 Beds
0 Baths
Commercial

About This Property

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.

Property Details

StatusActive
Property TypeCommercial
Listing TypeFor Sale
Bedrooms0
Bathrooms0
Postal CodeM5T 2L5
Last UpdatedAug 8, 2026 · 6:44 p.m.

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Features & Amenities

  • View
  • Air Conditioning
  • Basement

TRREB MLS® Attribution

MLS® C12376898

Listed by HOMELIFE BROADWAY REALTY INC.

The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). The information contained herein is from sources believed to be reliable but is not guaranteed. Information deemed reliable but not guaranteed accurate by TRREB or Team Filipe / RE/MAX.

$4,688,000

asking price

MLS®C12376898
TypeCommercial
CityToronto C01
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Team Filipe · RE/MAX · (647) 210-6070

Mortgage Estimate

Est. Monthly Payment

$22,892

/month · $3,750,400 mortgage

Down Payment20% — $937,600
Interest Rate5.5%

Amortization

Total Interest

$3,117,237

Total Cost

$6,867,637

Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.

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Listed By

HOMELIFE BROADWAY REALTY INC.