305 Augusta Avenue

Kensington-Chinatown, Toronto, M5T 2M2

$6,800/mo

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  • 5 bathrooms

Listed 43 days ago · MLS® C13750606

About this home

Fantastic turn key restaurant/bar opportunity in the prime portion of Kensington Market. Located on a strip of busy bar/restaurants, this location has front and back patios, is licensed by the AGCO, and is newly built and ready to go. Come and see it in operation now. Chattels are negotiable.

Details

Type
Commercial Retail
Age
0-5 years
Lot
15.42 × 111 ft
Garage
None
Property tax
$4,376 (2026)
Neighbourhood
Kensington-Chinatown
Municipality
Toronto C01

Interior

Bathrooms
5 × bathroom

Heating, cooling and services

Heating
Gas Hot Water
Air conditioning
Yes
Utilities
Yes

Building and exterior

Age
0-5 years
Building area
1,800 Square Feet

Rental terms

Minimum term
12 months

More

Possession
Flexible
Cross street
College and Augusta
Business type
Hospitality/Food Related

History of this address

2 earlier listings at this address, with sold and leased prices. Create a free account or sign in to see them.

Location

Location is approximate. See nearby homes on the map

The neighbourhood

Getting around Very walkable

  • 🚇 Queen's Park Subway17 min walk
  • 🚇 St. Patrick Subway18 min walk
  • 🚆 Toronto Union Station GO2.2 km

Within a 10-minute walk: 12 grocery stores, 378 cafés and restaurants, 16 parks, 25 pharmacies. Nearest grocery: 大統華 T&T Supermarket (150 m). Nearest park: Sonya Parkette (100 m).

Schools nearby

Elementary

  • Westside Montessori School Private1 min walk
  • Lord Lansdowne Junior Public School
    EQAO: Gr 6 reading 89%, math 81%
    4 min walk
  • da Vinci School
    EQAO: Gr 3 reading 80%, math 70%
    5 min walk
  • King Edward Junior and Senior Public School
    EQAO: Gr 6 reading 82%, math 82%
    6 min walk

Secondary

  • Subway Academy II Private9 min walk
  • Downtown Vocal Music Academy of Toronto Private9 min walk
  • Heydon Park Secondary School
    EQAO: Gr 9 math 8%
    10 min walk

EQAO: share of students meeting the provincial standard (2024–25). Ontario average: Gr 6 reading 86%, math 51%; Gr 9 math 55%; literacy test 83%.

Closest schools, not school zones. Check which school serves this address with the school board before relying on it.

Who lives here postal area M5T

Owners / renters
32% / 68%
Median household income
$61,600
Average age
42
Children under 15
7%
Homes
1% detached, 56% high-rise
Commute by transit
24%
Population
17,903

Languages spoken most at home besides English: Mandarin 10.4%, Yue (Cantonese) 9.2%, Vietnamese 1.3%, Spanish 1%.

Flood and conservation No mapped hazard

Not inside a mapped flood plain or regulated area.

Screening maps only. Ask the conservation authority for a property inquiry before relying on this.

Safety

Major crime per resident in Kensington-Chinatown (2025): 126% above the Toronto average, down 13% from the year before.

  • Assault163% above average
  • Break and enter134% above average
  • Auto theft47% below average
  • Robbery146% above average
  • Theft from vehicles302% above average
  • Shootings169% above average

Crime Severity Index for Toronto police: 60 vs 57 for Ontario (2025).

Police-reported figures for the whole neighbourhood, not this street. Rates use the area’s resident population.

Development nearby 4 active

  • 309 AUGUSTA AVE · 0 m
    Official Plan / Zoning By-law Amendment · Under Review · applied 2026
    Proposed six storey hotel with restaurant components containing 2194sqm of non-residential gross floor area. No parking is proposed.
    Application details
  • 502 SPADINA AVE · 250 m
    Site Plan · Under Review · applied 2022
    Proposed nine-storey mixed-use building with a residential gross floor area of 8,213 square metres, including 109 affordable rental units, and a…
    Application details
  • 452 BATHURST ST · 450 m
    Site Plan · Under Review · applied 2021
    Site Plan Approval application to facilitate the redevelopment of the site for a 6-storey mixed-use building having a non-residential gross floor area of…
    Application details
  • 353 COLLEGE ST · 100 m
    Site Plan · NOAC Issued · applied 2018
    Proposal for site plan approval related to a five storey addition to existing hostel with portion of ground floor to be used as retail
    Application details
  • 333 COLLEGE ST · 50 m
    Site Plan · Closed · applied 2025
    A 20-storey privately-owned student residence building containing 17,649 square metres of residential gross floor area and 60 square metres of retail gross…
    Application details
  • 333 COLLEGE ST · 50 m
    Official Plan / Zoning By-law Amendment · Closed · applied 2025
    Proposed 19-storey mixed-use building containg 746 rooms, Proposal contains 18, 404sqm of residential GFA, and 38sqm of non-residential GFA.
    Application details

4 more within 500 m.

Rezoning, site plan, subdivision and condominium applications filed with the city.

Distances are approximate. Places © OpenStreetMap contributors. Neighbourhood figures: Statistics Canada, 2021 Census. School results: EQAO via Ontario Data Catalogue (Open Government Licence – Ontario). Neighbourhood crime: Toronto Police Service Public Safety Data Portal (Open Government Licence – Toronto Police Service). Crime Severity Index: Statistics Canada. Planning applications: City of Toronto open data.

Living here

Commute

To Union Station (downtown Toronto): 2 km. Transit times · Driving times

Coming transit

  • 🚧 Chinatown 1000 m
  • 🚧 King West GO Transit1.4 km
  • 🚧 Osgoode 1.4 km

Stations under construction or approved. Opening dates are the latest public estimates and often move.

Noise Nothing major nearby

No highway within 500 m, rail line within 300 m, or airport flight path nearby.

Distances from the map, not noise measurements. Visit at rush hour to judge for yourself.

What can be built CR

Commercial Residential (with a site-specific exception).

From Toronto’s Zoning By-law 569-2013 map. Lot size, setbacks and trees decide what actually fits; check with a planner before you buy.

Full lot check · Run the numbers

Building permits

  • Sprinklers · 2023 · Closed
    Sprinkler design for Permit No. 21 122700 BLD 00 BA
  • Other · 2022 · Closed
    Proposal for interior alterations to convert ground floor unit and basment level (ancillary use) to a restaurant with 30 seats.See also 19…
  • Alternative Solution · 2021 · Approved
    In lieu of providing two exits as required by Part 9 of the OBC, the proposed basement-first storey café suite will provide enhanced life…
  • Demolition · 2019 · Closed
    Proposal to demolish existing 2 unit semi and construct a new 2 unit semi dwelling.
  • New Building · 2019 · Closed
    Proposal to construct a new 3 storey detached duplex (2 Dwelling Units) with underpinning of existing party wall. (Refer to #17-138379 ZZC )

4 permits on this block of the street in the last 2 years.

Permits filed with the City of Toronto. A permit doesn’t mean the work passed final inspection.

Trees

49 City street trees within 100 m. That’s about the Toronto average of 42.

Trees on City boulevards only, not private yards or parks.

Internet High-speed

50/10 Mbps or faster available here by cable, fibre or DSL (the federal high-speed target).

From the federal broadband map. Check exact speeds and providers for the address.

Zoning, heritage, building permits and street trees: City of Toronto open data (Open Government Licence – Toronto). Roads, rail, airports and planned stations © OpenStreetMap contributors. Internet: Innovation, Science and Economic Development Canada, National Broadband Data.

Listed by RIGHT AT HOME REALTY.

Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.

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