


$4,200,000
158 Augusta Avenue
Toronto · Kensington-Chinatown · M5T 2L5
Key Facts
Tax
$53,929 (2025)
Type
Commercial Retail
Size
6,464 sqft
Parking
Outside/Surface
Brokerage
HOMELIFE BROADWAY REALTY INC.
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 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
Inside
Utilities
Building
Parking
Land
Financial Details
Listing Information
Toronto Regional Real Estate Board (TREB) assumes no responsibility for the accuracy of any information shown. Copyright TREB 2026.
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