183 Augusta Ave
Toronto, M5T2L4
For Sale
$1,985,000
➧
➧
Store With Apt/Office
CATEGORY3,052 Sq Ft
TOTAL AREAC11952362
MLSIDContact Us
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 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.
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Property Details
Category
Store With Apt/Office
Zoning
Cr2(C2;R1.5)*2457
Total Area
3,052 Sq Ft
Office/Apartment Area
910 Sq Ft
Retail Area
910 Sq Ft
Lot Size
16' x 87'
Taxes
$13,278 (2024)
Parking Spaces
1
Washrooms
1
Air Conditioning
Yes
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Listing contracted with Re/Max Premier Inc.
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