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183 Augusta Avenue Toronto (Kensington-Chinatown), Ontario M5T 2L4
$1,985,000
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. (id:49203)
Property Details
MLS® Number | C11952357 |
Property Type | Retail |
Community Name | Kensington-Chinatown |
Amenities Near By | Hospital, Public Transit |
Features | Carpet Free |
Parking Space Total | 1 |
Building
Bathroom Total | 4 |
Bedrooms Above Ground | 3 |
Bedrooms Below Ground | 1 |
Bedrooms Total | 4 |
Amenities | Separate Electricity Meters |
Appliances | Dishwasher, Dryer, Hood Fan, Stove, Two Washers, Two Refrigerators |
Basement Development | Finished |
Basement Features | Walk-up |
Basement Type | N/a (finished) |
Cooling Type | Central Air Conditioning |
Exterior Finish | Brick |
Fire Protection | Alarm System |
Foundation Type | Unknown |
Half Bath Total | 1 |
Heating Fuel | Natural Gas |
Heating Type | Forced Air |
Stories Total | 3 |
Type | Residential Commercial Mix |
Utility Water | Municipal Water |
Land
Acreage | No |
Fence Type | Fenced Yard |
Land Amenities | Hospital, Public Transit |
Sewer | Sanitary Sewer |
Size Depth | 86 Ft ,9 In |
Size Frontage | 16 Ft |
Size Irregular | 16 X 86.83 Ft |
Size Total Text | 16 X 86.83 Ft |
Zoning Description | Cr2 (c2; R1.5*2457) |
Utilities
Cable | Installed |
Sewer | Installed |
Interested?
Contact us for more information

Lyudmyla Afanasiyadi
Broker
https://www.perfecthometoronto.ca/about_me/17140
https://www.facebook.com/LyudmylaAfanasiyadiRealEstateBroker/
https://www.linkedin.com/in/lyudmyla-afanasiyadi/

9100 Jane St Bldg L #77
Vaughan, Ontario L4K 0A4
(416) 987-8000
(416) 987-8001