$1,985,000
FOR SALE

Commercial/Retail

Lot: 16 x 86.75 ft

183 Augusta Avenue
Toronto (Kensington-Chinatown), ON M5T 2L4

LIVE, WORK & INVEST in the Heart of Kensington Market (Heritage Conservation District)! An exceptional opportunity to own a versatile mixed-use property in one of Torontos most iconic and vibrant neighbourhoods! This well-maintained 2-storey building offers OVER 3,000 sq. ft. of total floor area including basement, ideal for both COMMERCIAL & RESIDENTIAL use. Property Highlights: MAIN Floor: Prime retail/office space with washroom and kitchenette, featuring excellent frontage and foot traffic. UPPER Floors: Spacious 3-bedroom, 2-bathroom apartment with a full kitchen, living area, two balconies facing Bellevue Square Park, and in-suite laundry. Finished BASEMENT: Self-contained 1-bedroom unit with a separate entrance, kitchen, washroom and laundry. Additional Features: High ceilings, 3 HYDRO METERS, MULTIPLE ENTRANCES, private backyard with storage and access to former private lane (according to 2010 survey), 2 Duradek balconies, 2 pressure-treated wood decks, one with skyline view, and FRONT CITY-APPROVED PAID PARKING Prime Location & Zoning Zoned Commercial/Residential, allowing for endless possibilities -operate a business, rent out units, or enjoy as a live/work home. Located in Kensington Market, just steps from Spadina & Dundas, with heavy foot traffic from tourists, UofT & OCAD students, and local residents. Close to subway, TTC streetcars, hospitals, universities, and Torontos financial & entertainment districts. The area hosts year-round cultural festivals, ensuring steady exposure and activity. Move-In Ready & Recently Updated, COMPLETELY RENOVATED and permitted in 2012 (taken to the studs). Basement partially UNDERPINNED & WATERPROOFED. New roof coverings completed in January 2025. Designed by a Toronto architect, featuring a modern, artistic exterior and interior. A must-see investment opportunity for entrepreneurs, investors, and those looking for the perfect live/ work space in downtown Toronto! Buyers to verify permitted uses with the city. (id:47421)
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Listed By RE/MAX PREMIER INC.
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number C11952357
Last Updated Mar 10, 2025
Property Summary
Property Type Commercial/Retail

More like this:
Community Kensington-Chinatown
Price History

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Detailed Information
Bedrooms 3+1
Bathrooms 4
Lot 16 x 86.75 ft
Amenities Nearby Hospital, Public Transit
Features Carpet Free
Listing Contract Date 2025-02-03
Location Description Spadina Ave. and Dundas St. W.
# of Parking Spaces 1
Property Type Retail
Transaction Type For sale
Zoning Description CR2 (C2; r1.5*2457)
Building
Amenities Separate Electricity Meters
Appliances Dishwasher, Dryer, Hood Fan, Stove, Two Washers, Two Refrigerators
Basement Development Finished
Basement Features Walk-up
Basement Type N/A (Finished)
Cooling Type Central air conditioning
Exterior Finish Brick
Fire Protection Alarm system
Foundation Type Unknown
# of Half Bathrooms 1
Heating Fuel Natural gas
Heating Type Forced air
Stories Total 2.5
Type Residential Commercial Mix
Utility Water Municipal water
Utilities
Type Description
CableInstalled
SewerInstalled
Land
Total Size 16 x 86.83 FT
Amenities Hospital, Public Transit
Fence Type Fenced yard
Sewer Sanitary sewer
Size of Irregular Land 16 x 86.83 FT

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