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Home ON Greater Toronto Area Toronto Old Toronto Kensington
183 AUGUSTA AVENUE
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183 AUGUSTA AVENUE $1,985,000
$1,985,000
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183 AUGUSTA AVENUE
Toronto (Kensington-Chinatown), Ontario M5T2L4

MLS® Number: C11952357
3 + 1
Bedrooms
4
Bathrooms
-
Square Feet

Listing 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. (39821628)

Location Description

Spadina Ave. and Dundas St. W.

Property Summary

Property Type
Retail
Building Type
Residential Commercial Mix
Storeys
2.5
Community Name
Kensington-Chinatown
Land Size
16 x 86.83 FT
Annual Property Taxes
$13,277.63
Total Parking Spaces
1
Time on REALTOR.ca
56 days

Building

Bedrooms
Above Grade
3
Below Grade
1
Bathrooms
Total
4
Partial
1
Interior Features
Appliances Included
Dishwasher, Dryer, Hood Fan, Stove, Two Washers, Two Refrigerators
Basement Features
Walk-up
Basement Type
N/A (Finished)
Building Features
Features
Carpet Free
Foundation Type
Unknown
Fire Protection
Alarm system
Building Amenities
Separate Electricity Meters
Heating & Cooling
Cooling
Central air conditioning
Heating Type
Forced air (Natural gas)
Utilities
Utility Type
Cable (Installed), Sewer (Installed)
Utility Sewer
Sanitary sewer
Water
Municipal water
Exterior Features
Exterior Finish
Brick
Neighbourhood Features
Amenities Nearby
Hospital, Public Transit
Parking
Total Parking Spaces
1

Land

Lot Features
Fencing
Fenced yard
Frontage
16 ft
Land Depth
86 ft ,9 in
Other Property Information
Zoning Description
CR2 (C2; r1.5*2457)
Data provided by: Toronto Regional Real Estate Board 1400 Don Mills Road, Toronto, Ontario M3B 3N1
RE/MAX PREMIER INC.
Brokerage
416-987-8000
416-987-8001
LYUDMYLA AFANASIYADI