187 Augusta Avenue
Kensington-Chinatown, Toronto, M5T 2L4
FOR SALE
$1,469,000
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7
BEDROOMS 4
BATHROOMS 3
KITCHENS 16
ROOMS C13548220
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Property Description
Prime Investment in Downtown Toronto. Don't miss this rare opportunity to won a charming semi-detached house in the heart of Kensington Chinatown, one of Toronto's most dynamic and culturally rich neighbourhoods, perfect for investors, entrepreneurs, or those seeking a prime live/work space in the city. Spacious 2 1/2 Storey Semi-Detached Home with over 2,000 + Sq. ft. of living space (including basement) Main Floor, Bright and open layout, ideal for retail, office, or residential conversion. Upper Levels: Flexible living space use as a single-family home, multi-unit rental, or live-work setup. Finished Basement: Additional living or income potential with a separate entrance. Private Driveway Parking (a rare find in this area!) Large Backyard, perfect for outdoor space, storage, or future expansion. Zoned for Mixed Uses, explore commercial, residential, or hybrid opportunities. Steps from Kensington Market, Moments from Chinatown, boasting top restaurants, shops, and services. Walking distance to UofT, OCAD, Ryerson, and George Brown College, Easy access to TTC (Spadina/College & Dundas Streetcar), Subway and Bike Lanes, surrounded by year round festivals, markets, and entertainment. High rental demand from students, young professionals, and businesses. Tourist & foot traffic hotspot, ideal for retail, cafe or creative workspace.
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Nearby Intersections
Property Features
Carpet Free, Front Yard Parking, Carbon Monoxide Detectors, Smoke Detector
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Property Details
Address
187 Augusta Avenue
Community
City
Postal Code
M5T 2L4
Property Type
Semi-Detached , Semi-Detached
Zoning
R and CR2
Lot Size
16' x 111'
Taxes
$12,310 (2025
Basement
Walk-Up, Finished
Heat Type
Forced Air
Heat Source
Gas
Water
Municipal
Parking Spaces
1
Garage Type
None
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Listing contracted with Superstars Realty Ltd.
Exceptional opportunity in one of Toronto's most sought-after neighbourhoods! This versatile property offers endless possibilities, including the potential to convert it into a mixed-use building with commercial space on the main floor and residential living above. Alternatively, maintain it as a residential property featuring 2+1 kitchens, existing rough-ins, and excellent potential to create up to three self-contained apartments or a multi-tenant investment property. Boasting prime Dundas Street frontage directly across from Trinity Bellwoods Park, this high-exposure location benefits from constant pedestrian traffic and exceptional visibility. With the park directly across the street and a vibrant mix of surrounding shops, restaurants ,and neighbourhood amenities, it's an ideal location for a bakery, ice cream shop, or other boutique retail concept. The spacious home offers approximately 2,081 sq.ft. of above-grade living space, plus a finished basement and additional potential for expansion at the rear of the property. Whether you're an investor, entrepreneur, or end user, this unique property offers incredible flexibility and long-term value in an unbeatable location, previously rented for $5,600/mth (2 families @ $2,800/mth each).
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