281 Augusta Avenue, Toronto, ON M5T 2M1
Kensington-Chinatown, Toronto · Near Augusta & Oxford · View map
About this home
Well-Established Japanese Restaurant for Sale - Prime Kensington-Chinatown Location, Toronto. An exceptional opportunity to acquire a well-known Japanese restaurant specializing in Inari (Tofu Pocket) Sushi, located in the heart of Toronto's vibrant Kensington-Chinatown district. This popular destination enjoys outstanding brand recognition, a loyal customer base, and benefits from constant high-volume pedestrian traffic.The restaurant offers a welcoming dining space with 30 indoor seats, 22 seats is LLBO licensed, and features an additional 10-seat outdoor patio, providing an excellent dine-in experience while maintaining a strong takeout business.With an attractive rent of only $7,044/month (including HST & TMI), this is a rare opportunity to secure a prime location at a competitive occupancy cost. There is significant potential to further increase sales by expanding the menu to include sushi, ramen, donburi, udon, appetizers, and other popular Japanese cuisine.
The home
- Type
- Sale of business
- Lot size
- 15.6 x 61.8 ft
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
Heating & cooling
- Heating type
- Gas Forced Air Closed
- Air conditioning
- Yes
Garage & parking
- Total parking
- None
Taxes & other
- Tax year
- 2026
- Occupancy
- Tenant
- Possession
- TBA
- Cross street
- Augusta & Oxford
- Neighbourhood
- Kensington-Chinatown
More
- MLS® number
- C13521522
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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.
281 Augusta Avenue, Toronto, ON M5T 2M1
Kensington-Chinatown, Toronto · Near Augusta & Oxford
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Listing history for 281 Augusta Avenue
See what this home and others at the same address were listed for, what they sold for, and how long it took.
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Frequently asked questions about 281 Augusta Avenue
Answers come straight from this home’s MLS® listing.
How much is 281 Augusta Avenue listed for, and what would it cost each month?
281 Augusta Avenue is listed for $89,000. With 20% down ($17,800), the mortgage payment would be roughly $359 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $415 a month, all in. That figure is an illustration, not a quote.
Is 281 Augusta Avenue freehold or a condo, and is there a monthly fee?
281 Augusta Avenue is a sale of business 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 281 Augusta Avenue have a garage and parking?
The listing does not show a garage. The listing does not include a parking space.
What style of home is 281 Augusta Avenue?
281 Augusta Avenue is a sale of business. Commercial property covers retail, office, industrial and investment buildings and businesses for sale or lease.
How big is 281 Augusta Avenue, and what is the lot size?
The lot is listed as 15.6 x 61.8 ft.
How is 281 Augusta Avenue heated and cooled?
Heating is gas forced air closed. Cooling is yes.
Where is 281 Augusta Avenue?
281 Augusta Avenue is in the Kensington-Chinatown community of Toronto. The nearest main intersection is Augusta & Oxford. The postal code is M5T 2M1.
Is 281 Augusta Avenue still for sale?
Yes. It is an active listing (MLS® C13521522). Listings here update from the board through the day and come down once a home sells.
What are similar properties near 281 Augusta Avenue asking?
Similar properties for sale nearby right now include Main Floor - 546 Dundas Street W at $89,000, 157 John Street W at $90,888 and 139 - 222 Spadina Avenue at $79,900. These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 281 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 281 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$89,000Main Floor - 546 Dundas Street W, Toronto2 bath · Kensington-ChinatownCourtesy of: TRADEWORLD REALTY INCView home →
Sale of business$90,888157 John Street W, TorontoKensington-ChinatownCourtesy of: HOMELIFE/BAYVIEW REALTY INC.View home →
Commercial retail$79,900139 - 222 Spadina Avenue, TorontoKensington-ChinatownCourtesy of: RE/MAX EXCELLENCE REAL ESTATEView home →Courtesy of: HOMELIFE LANDMARK 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.