$3,988,000
158 Augusta Avenue, Toronto, ON M5T 2L5
Kensington-Chinatown · C01
Listing courtesy of HOMELIFE BROADWAY REALTY INC.
Kensington-Chinatown · C01 · M5T 2J8
$3,375,000
$204 / sq ft6 months on market
Rare opportunity to acquire a three-building retail and mixed-use assembly on a prime block of Kensington Avenue. The properties span multiple frontages with rear laneway access, offering steady in-place income and strong redevelopment potential on top of existing retail value in a tightly held urban retail corridor. 33 Kensington Ave includes a retail unit with lower level leased to Uncle Vintage, with an approx. 3-bedroom apartment above, leased month-to-month. Approx. GFA:3,401 SF. All leases are flexible, providing strong and steady in-place income with near-term leasing and repositioning upside. The offering also includes a separate land parcel at 23 St. Andrews Street, currently improved with surface parking spaces, leased month-to-month, generating additional income while preserving future development flexibility. The assembly spans multiple retail frontages across a combined land area, creating a rare opportunity to acquire scale with meaningful redevelopment potential in addition to proven retail fundamentals in one of Toronto's most supply-constrained retail markets.
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What this home costs beyond the asking price, and how that price compares to what else is on the market.
This home is priced above most comparable listings — about 81% of comparable retail listings in Kensington-Chinatown are asking less.
Based on 32 comparable active retail listings in Kensington-Chinatown. These are asking prices, not sale prices.
Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.
Payable on closing, on top of the purchase price.
An estimate on the asking price of $3,375,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.
Listing courtesy of CUSHMAN & WAKEFIELD. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.
What similar homes in this area actually sold for.
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$3,988,000
Kensington-Chinatown · C01
Listing courtesy of HOMELIFE BROADWAY REALTY INC.
$2,898,000
Kensington-Chinatown · C01
Listing courtesy of ROYAL ST. ANDREWS REAL ESTATE SERVICES LIMITED
$3,580,000
Kensington-Chinatown · C01
Listing courtesy of CYPRO REALTY INC.
$3,199,000
Kensington-Chinatown · C01
Listing courtesy of CUSHMAN & WAKEFIELD
$3,150,000
Kensington-Chinatown · C01
Listing courtesy of EASY LIST REALTY LTD.
$2,999,900
Kensington-Chinatown · C01
Listing courtesy of HOMELIFE NEW WORLD REALTY INC.