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    For Sale - 46 Kensington Avenue Unit# MAIN/BASEMENT, Toronto, Ontario

    Est payment $2,727/mo
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    Views   1
    Time on Jump  47 day

    AI Summary *

    • Established Asian food business in iconic Kensington Market location.
    • Specializes in high-demand handmade tofu products and Asian pastries.
    • Strong B2B wholesale distribution with reliable supply partnerships.
    • Stable rental arrangement with predictable overhead costs.
    • Consistent customer loyalty and resilient demand year-round.




    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.
    Listing IDC13783316
    Address46 Kensington Avenue Unit# MAIN/BASEMENT
    CityToronto, Ontario
    Price$568,000
    StyleSale Of Business
    TypeBusiness
    StatusFor Sale

    Subtype Sale Of BusinessCommunity Features Public TransitBasement 1Heating / Cooling Gas Forced Air Open

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    Listing Brokerage: HOMELIFE NEW WORLD REALTY INC.

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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    46 Kensington Avenue Unit# Main/basement
    Toronto , Ontario
    $568,000
    Get more info