Home · Buy · Toronto C01 · 281 Augusta Avenue, Toronto, ON M5T 2M1
+ 14 photos
For Sale · Sale Of Business
281 Augusta Avenue, Toronto, ON M5T 2M1
Toronto C01 · Kensington-Chinatown
0
Beds
—
Baths
0
Parking
—
Sq ft
—
Built
The honest picture
List price
$119,000
Renavu Estimate
—
Benchmark · All homes
$621,300
Listed 81% below the Kensington-Chinatown benchmark for all homes homes (TRREB HPI, June 2026). Estimate for guidance only — not an appraisal.
About this home
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.
Property details
Listed on
July 3, 2026
Days on market
21 days
Property tax
$0 (2026)
Lot
15.58 × 61.83 Feet
Heating
Gas Forced Air Closed
Cooling
Yes
MLS®
C13521522
Full details
Parking
GarageNone
Property & sold history
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See this home's sale & listing history
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What you actually need in cash — land transfer tax, closing costs, and your down payment.
Purchase price
$
Down payment · 5.0%
$
Down:or type any amount above
Legal fees
$
Title insurance
$
Home inspection
$
Ontario land transfer tax$915
Toronto municipal LTT$915
Legal · title · inspection$2,800
Closing costs$4,630
Down payment$5,950
Total cash to close$10,580
Estimates only, not legal or tax advice. Ontario LTT rates 2025; City of Toronto MLTT applies inside Toronto (incl. Scarborough, North York, Etobicoke, York, East York). Durham and Markham buyers pay no municipal LTT.
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