183 Augusta Avenue, Toronto, ON M5T 2L4

Toronto C01 M5T 2L4 Ontario

MLS: C11952362

$1,985,000

Added 48 days ago | For Sale

Listed by: RE/MAX PREMIER INC.

About Property

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.

Features

  • House Style:Store W Apt/Office
  • Bathrooms:1
  • Land Size: 16 X 86.83
  • Water:Municipal
  • Garage Spaces: /None
  • Driveway:
  • Heating Fuel:
  • Cross Street:Spadina Ave. and Dundas St. W.
  • Basement: ,
  • Possession Date:120-150/TBA
  • Annual Property taxes: $13277.63
  • Bedrooms:
  • Total Parking Spaces:1
  • Parking Places:1
  • Heating Type:Gas Forced Air Open
  • Pool Type:
  • Exterior:
  • Direction Facing:
  • Front Footage:
  • Listing ID:C11952362

About Agent
Prabhjot Singh
REALTOR®
(905) 867-2666 [email protected]
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