Selling

183 Augusta Avenue, Toronto, ON M5T 2L4

$1,985,000

  • Jun 13, 2025
  • Toronto C01, Ontario

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.
Overview
MLS ID: C11952357
Type: Others
Bedrooms: 4
Bathrooms: 4
Square: 2,250 m²
Price: $1,985,000
PropertyType: Residential Freehold
TransactionType: For Sale
BuildingAreaUnits: Square Feet
Cooling: Central Air
Heating: Forced Air
ParkingFeatures: None
YearBuilt: Unknown
TaxAnnualAmount: 13277.63
PossessionDetails: 120-150/TBA

🏠 Room Details
# Room Type Level Length (m) Width (m) Feature 1 Feature 2 Feature 3
1 Office Main 14.85 4 Hardwood Floor 2 Pc Bath W/O To Yard
2 Office Main 2.84 2.49 Hardwood Floor Pot Lights Walk-Out
3 Living Room Second 4.72 4.04 Hardwood Floor Pot Lights W/O To Balcony
4 Kitchen Second 4.44 3.94 Hardwood Floor Breakfast Bar Granite Counters
5 Dining Room Second 4.44 3.94 Hardwood Floor Pot Lights Combined w/Kitchen
6 Bedroom Second 3.48 2.94 Hardwood Floor Pot Lights W/O To Deck
7 Bedroom Third 4.67 2.9 Hardwood Floor Pot Lights Walk-Out
8 Bedroom Third 4.46 2.89 Hardwood Floor Pot Lights W/O To Balcony
9 Bedroom Basement 4.2 3.12 Ceramic Floor Pot Lights W/O To Yard
10 Kitchen Basement 2.4 1.82 Ceramic Floor
11 Breakfast Basement 2.8 1.73 Hardwood Floor Pot Lights
12 Other Basement 5.19 2.48 Hardwood Floor Pot Lights
Map
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