158 Augusta Avenue, Toronto, ON M5T 2L5
Kensington-Chinatown, Toronto · Near Dundas / Augusta · View map
About this home
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.
The home
- Type
- Commercial retail
- Square footage
- 6464 sq ft
- Lot size
- 32.1 x 124 ft
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
Heating & cooling
- Heating type
- Baseboard
Garage & parking
- Garage
- Outside/Surface
- Driveway spaces
- 3
- Total parking
- 3
Taxes & other
- Property taxes
- $53,929/yr
- Tax year
- 2026
- Occupancy
- Owner+Tenant
- Possession
- TBA
- Cross street
- Dundas / Augusta
- Neighbourhood
- Kensington-Chinatown
More
- MLS® number
- C13848118
No matching details. Ask Will instead
No features listed yet.
- Mortgage
- Property tax
- Maintenance fee
Cash needed to close
Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax and Toronto municipal land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.
158 Augusta Avenue, Toronto, ON M5T 2L5
Kensington-Chinatown, Toronto · Near Dundas / Augusta
Get directionsWhat’s nearbySchools nearby
Open this tab to load nearby schools.
Your commute
Enter where you go every day to see real drive times:
Listing history for 158 Augusta Avenue
See what this home and others at the same address were listed for, what they sold for, and how long it took.
Sold prices are for members. It’s free, takes a few seconds, and unlocks the sale history on every listing.
Frequently asked questions about 158 Augusta Avenue
Answers come straight from this home’s MLS® listing.
How much is 158 Augusta Avenue listed for, and what would it cost each month?
158 Augusta Avenue is listed for $3,988,000. With 20% down ($797,600), the mortgage payment would be roughly $16,086 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $20,581 a month, all in. That figure is an illustration, not a quote.
Is 158 Augusta Avenue freehold or a condo, and is there a monthly fee?
158 Augusta Avenue is a commercial retail in Kensington-Chinatown, Toronto. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.
Does 158 Augusta Avenue have a garage and parking?
Yes. The listing shows the garage as outside/surface. The driveway adds 3 spaces. In total the listing counts 3 parking spaces.
What style of home is 158 Augusta Avenue?
158 Augusta Avenue is a commercial retail. Commercial property covers retail, office, industrial and investment buildings and businesses for sale or lease.
How big is 158 Augusta Avenue, and what is the lot size?
The lot is listed as 32.1 x 124 ft.
How is 158 Augusta Avenue heated and cooled?
Heating is baseboard. The listing does not show air conditioning.
What are the property taxes for 158 Augusta Avenue?
Property taxes are $53,929 a year (2026), or about $4,494 a month.
Where is 158 Augusta Avenue?
158 Augusta Avenue is in the Kensington-Chinatown community of Toronto. The nearest main intersection is Dundas / Augusta. The postal code is M5T 2L5.
Is 158 Augusta Avenue still for sale?
Yes. It is an active listing (MLS® C13848118). Listings here update from the board through the day and come down once a home sells.
What are similar properties near 158 Augusta Avenue asking?
Similar properties for sale nearby right now include 158 Augusta Avenue at $199,900, 90 Oxford Street at $4,100,000 and Commercial retail in Kensington-Chinatown at $3,580,000. These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 158 Augusta Avenue sold for?
Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.
How do I book a showing at 158 Augusta Avenue?
Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.
Have a different question? Ask about this home and get an answer, usually within the hour.
Similar properties nearby
More properties for sale near Kensington-Chinatown, picked by style, size and price.
Sale of business$199,900158 Augusta Avenue, TorontoKensington-ChinatownCourtesy of: TRUSTWELL REALTY INC.View home →
Investment$4,100,00090 Oxford Street, TorontoKensington-ChinatownCourtesy of: RE/MAX WEST REALTY INC.View home →
Commercial retail$3,580,000Commercial retail in Kensington-Chinatown, TorontoKensington-ChinatownCourtesy of: CYPRO REALTY INC.View home →Courtesy of: HOMELIFE BROADWAY REALTY INC.
Listing information comes from the Toronto Regional Real Estate Board through PropTx and is deemed reliable but is not guaranteed accurate. It is provided for consumers' personal, non-commercial use. 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.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.