281 Augusta Avenue
281 Augusta Avenue
$119,000
9 days on market
About This Listing
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.
| Monthly Mortgage (P&I) | $518 |
| Property Tax (est.) | $64 |
| Maintenance Fees | $0 |
| Total Monthly Cost | $583 |
Down payment: $23,800 (20.0%) · Mortgage: $95,200
Property tax rate: 0.65%. Uses the standard Canadian semi-annual compounding convention. Estimates only—not a pre-approval or offer of credit. Actual rates and eligibility may vary. Provincial sales tax on mortgage insurance, when applicable, is not included. Consult a mortgage professional for accurate figures.
Property Details
Listing provided by HOMELIFE LANDMARK REALTY INC.
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Data last updated: August 23, 2026 at 04:25 a.m.