183 Augusta Ave | Toronto C01 - Kensington-Chinatown

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Description

Property Details

  • Asking Price: $1,985,000
  • Taxes: 13277.63
  • Lot Front: 16.00
  • Lot Depth: 86.83
  • Bedrooms: 3
  • Bathrooms: 4
  • Basement: Finished
  • Parking Spaces: 1
  • Kitchens: 1
  • Heat Type: Forced Air
  • Heat Source: Gas
  • Air Conditioning: Central Air
  • Approx Square Footage: 2000-2500
  • Additional Features: Fenced Yard, Hospital, Public Transit
  • Fireplace: N
  • Type: Store W/Apt/Office
  • Style: 2 1/2 Storey

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.

Room Dimensions

RoomDimensionsLevelFeatures
Office 9.3×8.2 ft (2.8×2.5 m) Main Hardwood Floor, Pot Lights, Walk-Out
Living 15.5×13.3 ft (4.7×4 m) 2nd Hardwood Floor, Pot Lights, W/O To Balcony
Kitchen 7.9×6 ft (2.4×1.8 m) Bsmt Ceramic Floor
Dining 14.6×12.9 ft (4.4×3.9 m) 2nd Hardwood Floor, Pot Lights, Combined W/Kitchen
Br 13.8×10.2 ft (4.2×3.1 m) Bsmt Ceramic Floor, Pot Lights, W/O To Yard
Breakfast 9.2×5.7 ft (2.8×1.7 m) Bsmt Hardwood Floor, Pot Lights
Other 17×8.1 ft (5.2×2.5 m) Bsmt Hardwood Floor, Pot Lights