281 AUGUSTA AVENUE, Toronto (Kensington-Chinatown)

$89,000

For sale: Other

Other at 281 AUGUSTA AVENUE, Toronto (Kensington-Chinatown)
Property type
Sale Of Business
MLS®
MLS® C13521522
Neighbourhood
Kensington-Chinatown

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.

Sold data

Other homes in Toronto (Kensington-Chinatown) — recent sold market

Other homes in Toronto (Kensington-Chinatown) took a median of 39 days to sell over the last 365 days, with the quickest quarter selling within 13 days and the slowest quarter taking more than 91, across 37 recorded sales.

That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 102 days.

The median sale price was $59,000.

Homes sold for about 9.1% below asking on average, so there was room to negotiate.

About 5% of sales closed above the list price.

Around 14% of sellers reduced their price before finding a buyer.

Median days to sell
39
Median sale price
$59,000
Sale-to-list ratio
90.9%
Sold above asking
5%

Based on 37 recorded sales in the last 1 year — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in Toronto (Kensington-Chinatown)

Toronto (Kensington-Chinatown) has 529 Fraser Institute–rated schools (425 elementary and 104 secondary), averaging 6.2/10.

Rated schools
529
Elementary
425
Secondary
104
Average rating
6.2 / 10

Top-rated schools in Toronto (Kensington-Chinatown)

  • Cottingham — elementary, TorontoFraser rating 10.0/10
  • High Park Alternative — elementary, TorontoFraser rating 10.0/10
  • Northmount — elementary, TorontoFraser rating 10.0/10
  • Sathya Sai — elementary, TorontoFraser rating 10.0/10
  • St Michael's Choir — secondary, TorontoFraser rating 10.0/10
  • St Sebastian — elementary, TorontoFraser rating 10.0/10

School ratings from the Fraser Institute's Ontario school report cards.

Currently for sale

Homes for sale near 281 AUGUSTA AVENUE