21 KENSINGTON Avenue, Toronto (Kensington-Chinatown) - Business for Sale
21 KENSINGTON Avenue, Toronto (Kensington-Chinatown), Ontario, M5T2J8
This business in Toronto is for sale. It has been on the market 31 days, fresher than the Toronto average of 82 days.
Description
Exceptional opportunity to acquire a fully licensed hospitality venue in the heart of Kensington Market. Operating from a character-filled Victorian building, this unique property features liquor licensing for 100 guests, expansive front and rear patios, and exceptional street presence in one of Toronto's most vibrant dining and entertainment districts. Ideal for restaurateurs, bar operators, event concepts, wine bars, breweries, cafes, and hospitality entrepreneurs seeking a flagship location. Rare combination of heritage charm, patio capacity, and licensing flexibility in a premier Toronto destination (id:66096)
Property Details
- MLS®
- C13865804
- Property Type
- Business
- Business Type
- Restaurant
- Zoning
- COMM
- Frontage
- 15 ft
- Heating
- Hot water radiator heat, Natural gas
- Cooling
- Partially air conditioned
- Listed
- 31 days ago
Services
- Water
- Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Extended: 31 days on market, against an average age of 82 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 31 days, which is 51 days fresher than the city average of 82. Act while there is still low competition.
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Neighbourhood profile (M5T)
This home lists at $199,000, about 3.2× the local median household income of $61,600.
Carrying it typically needs a household income of about $38,872 (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)
Book a showing
Pick a time that suits you. A verified local agent confirms within 24h.
Buying this business?
Acquisition financing works differently from a property mortgage. Tell our partner brokers at iShopRates what you are buying and they will come back with options.
Ask about acquisition financing →
$199,000
Toronto