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158 Augusta Avenue, Toronto C01, ON M5T 2L5, Toronto C01, Ontario

commercial · MLS® C12875310

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$4,200,000

MLS# C12875310

158 Augusta Avenue, Toronto C01, ON M5T 2L5

Toronto C01, Ontario M5T 2L5

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New Listing· Listed null days on marketPopular· 134 views todayHot Property· High interest
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 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.

Property Details

Property Type

Commercial

Year Built

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Basement

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Parking Spaces

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Location

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158 Augusta Avenue, Toronto C01, ON M5T 2L5, Toronto C01, Ontario

About 158 Augusta Avenue, Toronto C01, ON M5T 2L5

This Commercial at 158 Augusta Avenue, Toronto C01, ON M5T 2L5 is listed for sale in Toronto C01, Ontario at $4,200,000.

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Toronto C01 is a thriving community in Ontario with excellent amenities, schools, parks, and transit access. Whether you are a first-time buyer, growing family, or investor, this commercial represents a compelling opportunity in Toronto C01's real estate market.

MLS® number C12875310. Listed with RE/MAX Realty Specialists Inc., Brokerage. Contact Jagtar Singh for more information or to schedule a private showing.

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Mortgage Calculator

$4,200,000

20% ($840,000)

Minimum 5% for homes under $500K, 20% to avoid CMHC insurance

5.5%
25 years

Estimated Monthly Payment

$20,633

*Principal & Interest only. Does not include taxes or insurance.

Principal$3,360,000
Total Interest$2,830,002
Total Cost$7,030,002
Jagtar Singh

Jagtar Singh

RE/MAX Realty Specialists Inc.

Contact About This Property
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