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Key Details
Property Type Commercial
Sub Type Commercial Retail
Listing Status Active
Purchase Type For Sale
Municipality Toronto C01
Subdivision Kensington-Chinatown
MLS Listing ID C12875310
Annual Tax Amount $53,928
Tax Year 2025
Property Sub-Type Commercial Retail
Property Description
Excellent opportunity for investor or owner-occupier. Located within historic Kensington Market, a busy commercial area that has long been an iconic shopping, foodie, hangout and tourist destination. Kensington Market is one of Toronto's most vibrant neighbourhoods, and a centre of Toronto's cultural life. Subject property is a corner lot, 2-storey commercial building of 6,464 sq. ft. with rarely-found 4 surface parking spaces. The main floor is owner-occupied as a well-established hardware store while the 2nd floor is leased as an arcade entertainment venue called "Midnight Arcade". Hardware store can stay or vacate. CAC & heating are available to the 2nd floor. Size does not include high & dry basement. Significant potential for expansion with unused lot area. Very high foot traffic within a walkable community. Within walking distance to Chinatown and Toronto Western Hospital. Adjacent to Queen Street West and Lower Annex neighborhoods, and very close to University of Toronto. Public transit accessible, including the 505 streetcar running along Dundas St. West. Must see! Don't miss out! Turn Key Investment Opportunity, Hardware Store Can Be Sold Separately Or Be Vacant On Closing.
Location
Province ON
County Toronto
Community Toronto C01
Area Toronto
Interior
Cooling No
Exterior
Utilities Available Yes
Lot Frontage 32.08
Lot Depth 124.0
Others
Security Features No
ParcelsYN No
Listed by HOMELIFE BROADWAY REALTY INC.
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