183 Augusta Avenue For Sale

Toronto, Kensington-Chinatown, M5T 2L4

$1,985,000

Description

Listed by RE/MAX PREMIER INC..

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.

Existing Appliances: Gas Stove, 2 Fridges, S/S Dishwasher, Stainless Steel Mount Range Hood,2 Dryers, 2 Washers, 2 CAC, 2 Furnaces, Light Fixtures

Location

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  • Address: 183 Augusta Avenue
  • Neighborhood: Kensington-Chinatown
  • City: Toronto
  • State: Ontario
  • Postal Code: M5T 2L4

Property Details

  • Property ID: C11952357
  • Property Price: $1,985,000
  • Style: tore W/Apt/Office, Other
  • Sq/Ft: 2000-2500
  • Rooms: 12
  • Bedrooms: 3+1
  • Bath: 4
  • Parking Spaces: 1
  • A/C: Central Air
  • Central Vac.: N
  • Den: N
  • Exterior: Brick
  • Heating: Forced Air
  • Fireplace: N
  • Taxes: $13,277.63 (2024)
  • Lot: 86.83x16 (Feet)

Room details and dimensions

Statistics for similar tore W/Apt/Office homes in Kensington-Chinatown

The graph below compares the average list price and average sale price of homes in this neighborhood by month for the last 24 months. When average sale price is greater than average list price, this may suggest a buyer's market. When average sale price is lower than the average list price this may suggest a seller's market.

Average days on market for similar tore W/Apt/Office homes in Kensington-Chinatown

The graph below illustrates the average days on market for homes in this neighborhood. The yellow area may indicate a buyer's market, the green area may indicate a balanced market and the red area may indicate a seller's market.

Number of transactions for similar tore W/Apt/Office homes in Kensington-Chinatown

Contact Manoj Kukreja

Sales Representative, Century 21 People’s Choice Realty Inc., Brokerage
(647) 576 - 2100