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 Toronto's 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 and 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 Gas Stove, 2 Fridges, Dishwasher, 2 Dryers, 2 Washers, Light Fixtures, 2 CAC, 2 Furnaces

Location

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

Property Details

  • Property ID: C11952362
  • Property Price: $1,985,000
  • Style: tore W/Apt/Office, Store With Apt/Office
  • Sq/Ft: 3052
  • Bath: 1
  • Parking Spaces: 1
  • A/C: Y
  • Basement: Y
  • Heating: Gas Forced Air Open
  • Taxes: $13,277.63 (2024)
  • Lot: 86.83x16 (Feet)

Contact Manoj Kukreja

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

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