For Sale

198 Augusta Avenue Unit# Main, Toronto C01, Ontario M5T 2L6

$275,000

198 Augusta Avenue Unit# Main, Toronto C01, Ontario M5T 2L6 is For Sale and has a listing price of 275,000. The property is located in the Kensington neighbourhood . It's been on the website for 7 Days.

  • Sale Of Business
    Property Type
  • MLS ID: C12387173
  • Office Name EXP REALTY
Property Description

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 Details
  • Property Type: Commercial
  • Listing Type: For Sale
  • Listing ID: C12387173
  • Price: $275,000
  • Year Built: 0
  • Lot Area: 0 Sqft
  • Lot Depth: 100
  • Ref ID: C12387173
  • Dir / Cross St: Augusta and Baldwin
  • Status: Active
  • Tax Year: 2024
  • Property Type: Sale Of Business
  • Property Sub Category: Business
Price History
List Date MLS ID List Price Status End Date Closed Price
09/07/2025 C12387173 $1 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Kensington
  • $1,357,896 Average List Price
    based on 1 year
  • 33 New Listings
    based on 30 days
  • 12 Median Days on Market
    based on 1 year
  • List vs. Selling Price 2.74 % Up
  • Sold (12mo) 9
  • Rented (12mo) 28

  • 1 Month Change -
  • 3 Month Change -100.0%
  • 6 Month Change -100.0%
Walkscore
  • 100 Walk Score
    Walker's Paradise
  • 96 Transit Score
    Rider's Paradise
  • 98 Bike Score
    Biker's Paradise
Property Type Distribution
  • All Houses
    26.8%
  • Commercial
    28.98%
  • Condo
    43.87%
  • Land for Sale
    0.34%
Additional Details
  • Heat Type Y
  • Garage Type Lane
  • Taxes: $19,500
  • Last Status Y
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: Flex
  • Listing Entry Date: 07/09/2025 19:45:58
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