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For saleMLS® C13521522

281 Augusta Avenue, Toronto, ON M5T 2M1

Kensington-Chinatown · C01 · M5T 2M1

$89,000

4 months on market

Lot
15.58 × 61.83 ft

What's special

  • Yes

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About this property

Well-Established Japanese Restaurant for Sale - Prime Kensington-Chinatown Location, Toronto. An exceptional opportunity to acquire a well-known Japanese restaurant specializing in Inari (Tofu Pocket) Sushi, located in the heart of Toronto's vibrant Kensington-Chinatown district. This popular destination enjoys outstanding brand recognition, a loyal customer base, and benefits from constant high-volume pedestrian traffic.The restaurant offers a welcoming dining space with 30 indoor seats, 22 seats is LLBO licensed, and features an additional 10-seat outdoor patio, providing an excellent dine-in experience while maintaining a strong takeout business.With an attractive rent of only $7,044/month (including HST & TMI), this is a rare opportunity to secure a prime location at a competitive occupancy cost. There is significant potential to further increase sales by expanding the menu to include sushi, ramen, donburi, udon, appetizers, and other popular Japanese cuisine.

Property details

Property

Property type
business
Lot size
15.58 × 61.83 ft
Zoning
Commercial
Possession
TBA

Interior

Heating
Gas Forced Air Closed
Cooling
Yes

Costs

List price
$89,000

Listing

MLS® number
C13521522
Status
For sale
Listed
July 3, 2026
Days on market
124
Last updated
August 24, 2026
Listing brokerage
HOMELIFE LANDMARK REALTY INC.

Price & sale history

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Before you make an offer

What this home costs beyond the asking price, and how that price compares to what else is on the market.

How this price compares

This home is priced below most comparable listings — about 11% of comparable business for sale listings in Kensington-Chinatown are asking less.

$85KMedian $169K$506K

Based on 19 comparable active business for sale listings in Kensington-Chinatown. These are asking prices, not sale prices.

Mortgage estimate

Down payment5.0% · minimum $4,450
$4,450
Interest rate5-year fixed, illustrative only
4.49%
Amortization
Principal & interest
$467.49
Estimated monthly
$467

Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.

Land transfer tax

Payable on closing, on top of the purchase price.

Ontario
$615
Toronto municipal
$615
Total due on closing
$1,230

An estimate on the asking price of $89,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.

Listing courtesy of HOMELIFE LANDMARK REALTY INC.. 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.

$89,000

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