158 Augusta Avenue, Toronto (Kensington-Chinatown) - Business for Sale
158 Augusta Avenue, Toronto (Kensington-Chinatown), Ontario, M5T2L5
This business in Toronto is for sale. It has been on the market 49 days, fresher than the Toronto average of 81 days.
Description
An exceptional opportunity to acquire a fully licensed, turnkey restaurant, arcade bar and event venue in the heart of Kensington Market. Located in one of Toronto's premier tourist destinations, this established business offers nearly 3,000 sq. ft. of beautifully renovated space with extensive leasehold improvements and a comprehensive inventory of quality equipment and chattels. Features attractive rent, excellent lease terms, and a long term presence in a vibrant, high-foot-traffic neighbourhood. A rare chance to own a unique entertainment venue in one of the city's most sought-after destinations. (id:66096)
Property Details
- MLS®
- C13580478
- Property Type
- Business
- Business Type
- Restaurant
- Zoning
- COMMERCIAL
- Lot Size
- 32 × 124 ft (3,978 sq ft)
- Frontage
- 32 ft
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
- Listed
- 49 days ago
Services
- Water
- Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Long Listed: 49 days on market, against an average age of 81 days across the listings currently for sale in this city
Homes here sell faster than most markets
Sold homes in this market spent an average of 33 days on the market over the past year, against a median of 48 days across the markets we publish.
Homes here sell below asking price
Homes in this market sold for an average of 94.6 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.
This business in Toronto (Kensington-Chinatown) has been listed for 49 days, which is 32 days fresher than the city average of 81. Act while there is still low competition.
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Neighbourhood profile (M5T)
This home lists at $199,900, about 3.2× the local median household income of $61,600.
Carrying it typically needs a household income of about $39,047 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
- Median household income
- $61,600
- Population
- 17,903
- Median age
- 36
- Owner / renter
- 32% / 68%
- Avg. household size
- 1.9
Source: Statistics Canada, 2021 Census (FSA M5T)
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$199,900
Toronto