196 Augusta Avenue, Toronto, ON
Property Highlights
Welcome to this remarkable sale of business located in the coveted neighborhood of Kensington-Chinatown. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $159,900 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 0 Bedrooms and 2 Bathrooms
- Premium 18.5 x 100 ft lot size
- equipped with yes central cooling and highly efficient gas forced air closed heating
Description
The Famous Kensington Market Thriving and vibrant Canadian Community. STREETS FLOCKING WITH HEAVY PEDESTRIAN TRAFFIC of Visitors, Locals, Tourists, Shoppers, The Hungry. etc. Primarily for its Uniqueness, Cultural Diversity, Variety of Stores and Cuisine. All of this in the Heart of our Glorious City. THIS RESTAURANT WAS RENOVATED $100,000. plus. And a comfortable ambience and warmth created by its pot lights. LCBO is pending. Numerically seating for 40 in and out. (rain protected) FANTASTIC OPPORTUNITY IS KNOCKING TO CREATE YOUR VERY OWN. (list of inventory is available) A full kitchen exhaust system await utilisation. No work to be done. (Selling due to Partnership dissolution)
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 196 Augusta Avenue W G, Toronto C01, ON M5T 2L6
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Toronto, ON
For a property listed at $159,900 in Toronto, the legal minimum down payment is $7,995 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $1,324 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $1,324 also applies, bringing the total estimated land transfer taxes to $2,648.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.
