Share
$568,000
Ontario,Toronto (Kensington-Chinatown)
For Sale Active
000 - 46 KENSINGTON AVENUE, Toronto (Kensington-Chinatown), Ontario M5T2K1
  • 1,300 Sqft
Contact Seller
Basic Details
Description

Fong On Foods Ltd is a well-established Asian food manufacturing, wholesale and retail business located on prime frontage in Toronto’s iconic Kensington Market. Operating with a front-store and back-factory model, the company specializes in handmade traditional Asian tofu products, rice cakes, and premium Asian pastries. The business generates its core revenue from B2B wholesale distribution, with in-store retail serving as

a steady supplementary income stream. Its product lineup includes fresh tofu, fried tofu, tofu pudding, traditional sugar rice cakes, and pandan mung bean cakes – high-demand daily essential food items with stable recurring consumption. The company has built long-term, reliable supply partnerships with major Asian supermarket chains across the Greater Toronto Area, including T&T Supermarket, Nations Fresh Foods, Foody Mart, Bestco, FreshWay, and Btrust. Tofu products are primarily distributed to local wholesale food companies, while signature pastries are supplied directly to retail supermarkets. The operating premise is leased at a monthly base rent of CAD 4, 500 with no additional TMI fees. The tenancy has no fixed expiry date, and the landlord has confirmed willingness for continuous renewal. Future rent adjustments will be based solely on property tax increases, providing exceptional rental stability and predictable overhead costs compared to typical commercial leases in Toronto. The core value of this business lies in its established wholesale distribution channels, stable corporate client base, mature product formulas, decades-long local brand reputation, and consistent repeat order flow. All production equipment and operational assets are included in the business sale. As a staple fresh food manufacturer, the business features low cyclical risk, steady customer loyalty, and resilient demand throughout all seasons. (id:62650)

Read More
Basic Details
  • Property Type: Commercial Sale
  • Listing Type: For Sale
  • Listing ID: C13783316
  • Price: $568,000
  • Square Footage: 1,300 Sqft
  • Status: Active
  • Office Name: HOMELIFE NEW WORLD REALTY INC.
  • Property Sub Type: Business
  • Office Key: 50211
Features & Appliances
Features
  • Heating System: Forced air, Natural gas, Baseboard heaters
  • Cooling System: Partially air conditioned
Address Map
  • Location: CA, Ontario, Toronto (Kensington-Chinatown), M5T2K1
  • Street: Kensington
  • Street Number: 46
  • Street Suffix: Avenue
  • Longitude: W80° 35' 58.1''
  • Latitude: N43° 39' 14.2''
Additional Information
  • Water Source:
  • Business Type: Restaurant
  • Lot Size Dimensions: 13.73 x 95.75 FT
Financial
  • Tax Annual Amount: 15160
Powered by REALTOR.ca
Listing updated: 2026-09-17 01:55:39
List Your Property
Mortgage Calculator
Get Pre-Approved
$
$
%
%
years
Monthly Payment (Est.) $
Listing Information
  • List Agent Key: 1812708
  • List Office Key: 50211
  • Modification Timestamp: 2026-09-15T03:05:16Z
  • Originating System Name: Toronto Regional Real Estate Board
  • Status Change Timestamp: 2026-09-15T02:55:30Z
Powered by REALTOR.ca
Listing updated: 2026-09-17 01:55:40
REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA’s By‐Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

The information contained on this site is based in whole or in part on information that is provided by members of The Canadian Real Estate Association, who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members and assumes no responsibility for its accuracy.

Website is operated by a brokerage or salesperson who is a member of The Canadian Real Estate Association.

The listing content on this website is protected by copyright and other laws, and is intended solely for the private, non‐commercial use by individuals. Any other reproduction, distribution or use of the content, in whole or in part, is specifically forbidden. The prohibited uses include commercial use, “screen scraping”, “database scraping”, and any other activity intended to collect, store, reorganize or manipulate data on the pages produced by or displayed on this website.

By continuing to use this website and its services, you agree to these

These forms are provided to ComFree’s Unrepresented Sellers as a part of their Mere Posting ComFree Listing Contract.

I acknowledge I can only access these forms as a ComFree customer under contract.

These forms are provided to ComFree’s Unrepresented Sellers as a part of their Mere Posting ComFree Listing Contract and in partnership with Zubic Law.

I acknowledge I can only access these forms as a ComFree customer under contract.

These forms are provided to ComFree’s Unrepresented Sellers as part of their Mere Posting ComFree Listing Contract and in partnership with Imperium LLP – Rocky Kim.

I acknowledge I can only access these forms as a ComFree customer under contract.

How It Works

1. Purchase Your Package

2. We Ship Your ‘For Sale’ Sign

3. Book Your VR Tour

4. Complete Listing Input Forms

5. We Make Your Listing Live

6. Get Support 7 Days a Week

7. iSOLD!