183 Augusta Ave
Kensington-Chinatown, Downtown Toronto, M5T 2L4
FOR SALE
$1,985,000

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BEDROOMS4
BATHROOMS1
KITCHENS12
ROOMSC11952357
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Property Description
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.
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Property Features
Fenced Yard, Hospital, Public Transit
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Property Details
Street
Community
City
Property Type
Store W/Apt/Office, 2 1/2 Storey
Approximate Sq.Ft.
2000-2500
Lot Size
16' x 87'
Fronting
East
Taxes
$13,278 (2024)
Basement
Finished, Walk-Up
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
1
Driveway
Front Yard
Garage Type
None
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Room Summary
Room | Level | Size | Features |
---|---|---|---|
Office | Main | 13.12' x 48.72' | Hardwood Floor, 2 Pc Bath, W/O To Yard |
Office | Main | 8.17' x 9.32' | Hardwood Floor, Pot Lights, Walk-Out |
Living | 2nd | 13.25' x 15.49' | Hardwood Floor, Pot Lights, W/O To Balcony |
Kitchen | 2nd | 12.93' x 14.57' | Hardwood Floor, Breakfast Bar, Granite Counter |
Dining | 2nd | 12.93' x 14.57' | Hardwood Floor, Pot Lights, Combined W/Kitchen |
Br | 2nd | 9.65' x 11.42' | Hardwood Floor, Pot Lights, W/O To Deck |
Br | 3rd | 9.51' x 15.32' | Hardwood Floor, Pot Lights, Walk-Out |
Br | 3rd | 9.48' x 14.63' | Hardwood Floor, Pot Lights, W/O To Balcony |
Br | Bsmt | 10.24' x 13.78' | Ceramic Floor, Pot Lights, W/O To Yard |
Kitchen | Bsmt | 5.97' x 7.87' | Ceramic Floor |
Breakfast | Bsmt | 5.68' x 9.19' | Hardwood Floor, Pot Lights |
Other | Bsmt | 8.14' x 17.03' | Hardwood Floor, Pot Lights |
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Listing contracted with Re/Max Premier Inc.



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