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$1,985,000
Available - For Sale
Listing ID: C11952362
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.
Price $1,985,000
Taxes: $13,277.63
Tax Type: Annual
Occupancy by: Owner
Address: 183 Augusta Ave , Toronto, M5T 2L4, Ontario
Postal Code: M5T 2L4
Province/State: Ontario
Legal Description: PT BLK K PL D13 TORONTO AS IN CA50201; C
Lot Size: 16 x 86.83 (Feet)
Directions/Cross Streets: Spadina Ave. and Dundas St. W.
Zoning: CR2 (C2; r1.5*24
Category: Store With Apt/Office
Building Percentage: N
Total Area: 3,052
Total Area Code:  Sq Ft
Office/Appartment Area: 910
Office/Appartment Area Code: Sq Ft
Retail Area: 910
Retail Area Code: Sq Ft
Area Influences: Public Transit   Subways
Sprinklers: N
Outside Storage: Y
Heat Type: Gas Forced Air Open
Central Air Conditioning: Y
Elevator Lift: None
Water: Municipal
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RE/MAX PREMIER INC.

183 Augusta Ave , Toronto, M5T 2L4, Ontario


 
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Type: Com - Store W/Apt/Office
Area: Toronto
Municipality: Toronto
Neighbourhood: Kensington-Chinatown
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Lot Size: 16.00 x 86.83(Feet)
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Tax: $13,277.63
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