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198 AUGUSTA AVENUE, Toronto, Ontario, M5T 2L6

MLS® # C8463694
new listing
Commercial For Sale In Kensington, Toronto, Ontario
$175,000
198 Augusta Avenue, Toronto, ON
198 Augusta Avenue, Toronto, ON
198 Augusta Avenue, Toronto, ON
198 Augusta Avenue, Toronto, ON
198 Augusta Avenue, Toronto, ON
198 Augusta Avenue, Toronto, ON
198 Augusta Avenue, Toronto, ON
198 Augusta Avenue, Toronto, ON
198 Augusta Avenue, Toronto, ON
198 Augusta Avenue, Toronto, ON
198 Augusta Avenue, Toronto, ON
198 Augusta Avenue, Toronto, ON
198 Augusta Avenue, Toronto, ON
198 Augusta Avenue, Toronto, ON
198 Augusta Avenue, Toronto, ON
198 Augusta Avenue, Toronto, ON
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ACTIVE
198 AUGUSTA AVENUE, Toronto, Ontario, M5T 2L6
$175,000

Property Information:

Seize the opportunity to establish your business in the heart of one of Toronto's most dynamic and culturally rich neighborhoodsKensington Market. This prime commercial space is ideal for a thriving restaurant. This spacious property offers approximately 2,100 sq.ft. across the first floor and walk-up basement, providing ample room to bring your business vision to life. Situated on a prominent street, the location guarantees excellent foot traffic and visibility, essential for a successful business. The space includes essential restaurant equipment such as tables, chairs, cooking appliances, and many more, enabling a seamless start to your operations. Kensington Market is renowned for its eclectic mix of shops, diverse culinary offerings, and vibrant cultural scene, attracting both locals and tourists. The property is close to public transit options, making it easy for customers and staff to reach your business. **** EXTRAS **** Lease Term till January 31, 2029 with option to renew 5+5 years. (id:27)

Building Features:

  • Style: Business
  • Heating Type: Forced air
  • Heating Fuel: Natural gas

Property Features:

  • Property Type: Business
  • Irregular: Yes
  • Lot Size: 19 x 100 FT

Courtesy of: RE/MAX PREMIER INC.

REALTOR.ca  

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Market Price Trends

1 year changes compare the same month from the previous year. Find an agent in this area to receive more information.

Location of 198 AUGUSTA AVENUE, Toronto, Ontario, M5T 2L6

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: High

31 hot days expected in 2050

Projected Storm Risk: High

13 storms expected in 2050

Projected Heat Risk: High

31 hot days expected in 2050

46/100

High

ClimateCheck®

Current data

This property, 198 AUGUSTA AVENUE , experiences 7 hot days per year at around 30.7 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 31 hot days at 34.3 degrees Celsius.

Projected Avg. Temperature

Past
30.7℃
2050
34.3℃

# Hot Days Per Year

Past
7
2050
31

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Storm Risk: High

13 storms expected in 2050

56/100

High

ClimateCheck®

Current data

This property, 198 AUGUSTA AVENUE , experiences 11 significant 2-day storms per year, with about 295.1mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 13 significant 2-day storms with 366.4mm of precipitation per year.

Precipitation Per Storm

Past
295.1mm
2050
366.4mm

48-Hour Storms Per Year

Past
11
2050
13

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

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Demographic Information of 198 AUGUSTA AVENUE, Toronto, Ontario, M5T 2L6

Life Stage

Young Singles

Employment Type

Service Sector/White Collar

Average Household Income

$143,455.95

Average Number of Children

1.51

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

14.4 %

High school certificate or equivalent

26.04 %

Apprenticeship trade certificate/diploma

1.99 %

College/non-university certificate

11.65 %

University certificate (below bachelor)

1.77 %

University Degree

44.15 %

Commuter

Travel To Work

By Car

27.49 %

By Public Transit

23.93 %

By Walking

33.18 %

By Bicycle

8.86 %

By Other Methods

6.54 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

79.67 %

Houses

20.33 %

Own Vs. Rent

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