Looking for a business for sale in Toronto? As Canada’s financial and commercial hub, Toronto offers exceptional opportunities for entrepreneurs and investors. From restaurants and retail stores to service companies and franchises, buyers can explore a wide range of profitable businesses across the city’s thriving neighbourhoods.

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157 Augusta Avenue
Kensington-Chinatown Toronto M5T 2L4

$3,200 /Month
Commercial

Status:
For Lease
Prop. Type:
Commercial
MLS® Num:
C13483994
Bus Major:
Hospitality/Food Related
** 512 sq ft Retail + 266 sq ft Patio ** Now available on Augusta Ave in the heart of iconic Kensington Market, one of Toronto's most visited and culturally vibrant neighborhoods with outstanding daily foot traffic. Bright, clean commercial unit ready for your vision and personal touch. Steps to Chinatown, Dundas St W, Spadina, and TTC access. Surrounded by a mix of boutiques, cafes, restaurants, and art spaces in a national historic site community. Unit includes use of a private patio perfect for outdoor seating, pop up events, or seasonal activations. Also features an existing kitchen and two-piece washroom, offering a solid foundation for your renovation and build out. Possible uses for coffer shop, business office, café, pet related stores, retail stores, beauty studio, vintage/cultural stores, the possibilities are endless in this high exposure location. ** Images for demonstration purposes only **
Minimum Rental Term:
36
Maximum Rental Term:
36
Property Type:
Commercial
Property Sub Type:
Commercial Retail
Freestanding:
Yes
Total Area:
512 sq. ft. Square Feet
Total Area:
512 sq. ft.
Retail Area:
512 sq. ft. Sq Ft
Lot Depth:
102'1"
Lot Frontage:
18'11"
Water supply:
Municipal
Zoning:
Commercial
Heating type:
Gas Forced Air Open
Garage:
None
Possession Details:
Immediate
Type Taxes:
N/A
Taxes:
$0 / 2026
Assessment:
$- / -
Toronto
Toronto C01
Kensington-Chinatown
No
Utilities
Utilities:
Yes
Air Conditioning:
Yes
Seller Property Info Statement:
No
Major Business Type:
Hospitality/Food Related
Category:
Service
Date Listed:
Jun 24, 2026
Original Price:
Previous Price:
Listed by SUPERSTARS REALTY LTD.
Data was last updated June 26, 2026 at 02:15 AM (UTC)
DARYL  KING
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Why Buy a Business in Toronto?

• One of the strongest and most diverse economies in Canada
• Access to a large customer base and international market
• High-traffic commercial areas across downtown and suburban communities
• Opportunities in retail, hospitality, technology, and service industries
• Excellent infrastructure and transit supporting business growth

Popular Areas with Businesses for Sale in Toronto

Downtown Toronto – Ideal for restaurants, cafés, and retail shops with heavy foot traffic
North York – Growing commercial hubs with office and service businesses
Scarborough – Diverse communities with retail and franchise opportunities
Etobicoke – Industrial and commercial zones suitable for logistics and service companies
Yorkville & Queen West – Premium locations for boutiques and upscale retail concepts

Neighbourhood Highlights for Business Owners

Toronto offers a dynamic business environment supported by strong infrastructure and a diverse population. Entrepreneurs benefit from major transit systems, global tourism, and access to financial institutions. Additionally, the city hosts business networking events, trade shows, and innovation hubs that support both new and established companies.

What to Expect When Buying a Business in Toronto

Businesses available for sale in Toronto often include:

Established customer bases and proven revenue streams
Turn-key operations ready for new ownership
Prime commercial locations with strong visibility
Opportunities for expansion or franchise growth
Flexible investment levels, from small startups to large enterprises

Explore More GTA Homes:

Each link provides updated listings and expert insights.

FAQs – Business for Sale Toronto

1. How much does it cost to buy a business in Toronto?
Prices vary widely. Small businesses may start around $50,000, while established companies or franchises can exceed $1M.

2. What types of businesses are commonly available?
Restaurants, cafés, retail stores, salons, service companies, and franchise opportunities are among the most common.

3. Are there financing options for buying a business?
Yes. Many buyers use business loans, investor partnerships, or seller financing to complete a purchase.

4. Is Toronto a good place to invest in a business?
Absolutely. Toronto’s strong economy, population growth, and tourism make it one of Canada’s best cities for entrepreneurship.