Home ›Listings ›Toronto ›C12875310

158 Augusta Avenue Toronto C01 ON

📍 Toronto, Ontario M5T 2L5

$4,200,000

Active
32.08×124LOT (FT)

📋 Listing Highlights

StatusActive
MLS®C12875310
ListedMar 12, 2026
Days on Market—
Property TypeCommercial
StyleCommercial Retail
Cross StreetDundas / Augusta
PossessionTBA

📝 Listing 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 Details

Property TypeCommercial
StyleCommercial Retail

📐 Lot & Land

Lot Width32.08 ft
Lot Depth124 ft
Cross StreetDundas / Augusta

🔧 Building & Utilities

HeatingBaseboard
CoolingNo
GarageOutside/Surface

💰 Financial

List Price$4,200,000
Annual Taxes$53,928.77 (2025)
PossessionTBA

🧮 Mortgage Calculator

$840,000
Est. Monthly Payment
$20,633/mo
Principal: $3,360,000 · P+I only
Does not include taxes, insurance or CMHC
Listing provided by HOMELIFE BROADWAY REALTY INC.Data via PropTx MLS® / TRREB. Information deemed reliable but not guaranteed.MLS® #C12875310 · Last updated: Jul 14, 2026

Information deemed reliable but not guaranteed. © TRREB / PropTx. MLS® is a trademark of CREA. This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate.