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Main 198 Augusta Avenue in Toronto: Kensington-Chinatown Commercial for sale (Toronto C01) : MLS®# C12445032

Main 198 Augusta Avenue Toronto M5T 2L6 : Kensington-Chinatown

Main Photo: Main 198 Augusta Avenue in Toronto: Kensington-Chinatown Commercial for sale (Toronto C01)  : MLS®# C12445032banner
$225,000 /For Sale
Prop. Type:
Commercial
MLS® Num:
C12445032
Status:
Active
Bus Major:
Restaurant
Exciting opportunity to own a restaurant franchise or convert to your own brand in the heart of Kensington Market at 198 Augusta Avenue. This recently renovated space offers both indoor seating and a spacious outdoor patio, perfect for capturing the steady stream of residents and tourists. With the LLBO license in process, flexible branding options, and exceptionally low rent of just $7,000/month, this is a turnkey opportunity in one of Toronto's most vibrant neighborhoods. Fully equipped and ready to operate, this location is ideal for owner-operators or investors wanting entry into Toronto's thriving food and beverage scene. Whether you continue with the established franchise or rebrand entirely, the space is set up for high-volume operations. The current concept specializes in wings, sandwiches, sides, and specialty items designed to appeal to a wide audience.
Property Type:
Commercial
Property Sub Type:
Sale Of Business
Retail Area:
1050 sq. ft. Sq Ft
Lot Depth:
Switch units of measure100'
Lot Frontage:
Switch units of measure19'
Water supply:
Municipal
Zoning:
CR2(c2;r1.5)*2457)
Heating type:
Gas Forced Air Closed
Garage:
Lane
Possession Details:
IMM/Flex
HST Applicable To Sale Price:
Included In
Type Taxes:
N/A
Taxes:
$0 / 2025
Assessment:
$- / -
Toronto
Toronto C01
Kensington-Chinatown
Air Conditioning:
Yes
Seller Property Info Statement:
No
Financial Statements:
Yes
Major Business Type:
Restaurant
Category:
Without Property
Franchise:
No
Hours Open:
11AM-2AM(Sun-Thur) 11AM-3AM(Fri-Sat))
Employees:
2
Chattels:
Yes
LLBO:
Yes
Seats:
25
Date Listed:
Oct 04, 2025
Original Price:
Previous Price:
Listed by EXP REALTY
Data was last updated October 14, 2025 at 01:15 AM (UTC)