158 Augusta Ave, Toronto, Ontario, M5T 2L5





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.
Home Details
List Date
2026-10-01
Style
Multi-Use
Type
Commercial/Retail
Status
Active
Year Built
UNKNOWN
Features
Bedrooms
-
Bathrooms
-
Heating
Baseboard
Cooling
-
Parking
3 Spaces
Appliances & Equipment
Inclusions
None specified.
Exterior
Construction
-
Water & Sewer
Municipal
Lot Size
32.08 x 124 Feet
Garage
Outside/Surface
Taxes
$54K (2026)
Listing Brokerage
Brokerage Name
HOMELIFE BROADWAY REALTY INC.

Samuel Muttiah
Transition Realtor | Canada to Southern California
KW Beverly Hills
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