158 Augusta AVE new

Toronto C01,ON M5T 2L5

$ 4688000

- Bed

- Bath

6464 SqFt


Key Details

Property Type Commercial

Sub Type Commercial Retail

Listing Status Active

Purchase Type For Sale

Square Footage 6,464 sqft

Price per Sqft $725

Subdivision Kensington-Chinatown

MLS Listing ID C12376898

Annual Tax Amount $53,928

Tax Year 2024

Property Sub-Type Commercial Retail

Property 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.

Location

Province ON

County Toronto

Community Kensington-Chinatown

Area Toronto

Interior

Cooling No

Exterior

Utilities Available Yes

Lot Frontage 32.08

Lot Depth 124.0

Others

Security Features No

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