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$275,000
Available - For Sale
Listing ID: C12387173
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.
Price $275,000
Taxes: $19,500
Tax Type: N/A
Assessment Year: 2024
Occupancy by: Tenant
Address: 198 Augusta Aven , Toronto, M5T 2L6, Toronto
Postal Code: M5T 2L6
Province/State: Toronto
Directions/Cross Streets: Augusta and Baldwin
No. of Pieces Level
Washroom 1 0
Washroom 2 0
Washroom 3 0
Washroom 4 0
Washroom 5 0
Washroom 6 0
Washroom 7 0
Washroom 8 0
Washroom 9 0
Washroom 10 0
Washroom 11 0
Washroom 12 0
Washroom 13 0
Washroom 14 0
Washroom 15 0
Washroom 16 0
Washroom 17 0
Washroom 18 0
Washroom 19 0
Washroom 20 0
Washroom 21 0
Washroom 22 0
Washroom 23 0
Washroom 24 0
Washroom 25 0
Category: Without Property
Use: Restaurant
Total Area: 0
Retail Area Code: Sq Ft
Financial Statement: T
Chattels: T
Franchise: T
Hours Open: 11AM-2A
Employees #: 2
Seats: 25
Maintenance: 0
Heat Type: Gas Forced Air Close
Central Air Conditioning: Yes
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
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CMHC/GE $ $ $ $
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Income Required $ $ $ $

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198 Augusta Aven , Toronto, M5T 2L6, Toronto


 
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At a Glance:
Type: Com - Sale Of Business
Area: Toronto
Municipality: Toronto C01
Neighbourhood: Kensington-Chinatown
Style:
Lot Size: x 100.00(Feet)
Approximate Age:
Tax: $19,500
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
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