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.
For sale
C$1,985,000
183 Augusta Ave, Toronto, ON M5T 2L4
4beds
4baths
Office
Built in ----
1,389.28 Square Feet Lot
$-- Zestimate®
C$--/sqft
C$-- HOA
What's special
Full kitchenIn-suite laundryHigh ceilingsPrivate backyardDuradek balconiesPressure-treated wood decksSkyline view
- 85 days
- on Zillow |
- 103 |
- 0 |
Zillow last checked: 7 hours ago
Listing updated: March 08, 2025 at 12:01pm
Listed by:
RE/MAX PREMIER INC.
Source: TRREB,MLS®#: C11952357
Originating MLS®#: Toronto Regional Real Estate Board

Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
Heating
- Forced Air, Gas
Cooling
- Central Air
Features
- Separate Hydro Meter
- Flooring: Carpet Free
- Basement: Finished,Walk-Up Access
- Has fireplace: No
Interior area
- Living area range: 2000-2500 null
Property
Parking
- Total spaces: 1
- Parking features: Front Yard Parking
Features
- Stories: 2.5
- Exterior features: Privacy
- Pool features: None
Lot
- Size: 1,389.28 Square Feet
- Features: Fenced Yard, Hospital, Public Transit, Rectangular Lot
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Office
Materials
- Brick
- Foundation: Unknown
- Roof: Asphalt Shingle
Utilities & green energy
- Sewer: Sewer
Community & HOA
Community
- Security: Alarm System
Location
- Region: Toronto
Financial & listing details
- Annual tax amount: C$13,277
- Date on market: 2/3/2025
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