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$1,499,000

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245 Augusta Avenue

Kensington-Chinatown, Toronto, Ontario M5T2L8

For sale· Added

1,365 sqft

About this property

Exceptional mixed-use investment opportunity in the heart of Toronto's vibrant Kensington Market. This well-located property features a beloved restaurant space on the main floor and basement, together with a residential apartment on the second floor. The entire building can be delivered vacant on closing, offering excellent owner-user and investment potential. Situated just steps from the high-traffic intersection of Spadina Avenue and College Street, the property benefits from exceptional pedestrian and vehicular exposure in one of Toronto's most dynamic and sought-after neighbourhoods. Surrounded by an eclectic mix of restaurants, cafés, boutique retailers, and cultural attractions, and within walking distance of the University of Toronto, Queen's Park, the Art Gallery of Ontario, and OCAD University. Excellent TTC access further enhances the property's appeal. An outstanding opportunity to acquire a versatile mixed-use asset in one of Toronto's most iconic urban destinations.

Location

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Property details

Listing

MLS® number
C13428784
Added
Jun 10, 2026 ()
Updated
Sep 1, 2026 ()
Info refreshed

Overview

Property type
Retail
Building type
Residential Commercial Mix

Inside

Heating
Forced air, Natural gas
Cooling
Fully air conditioned
Fireplace
No

Land

Lot size
14.09 x 77 ft
Zoning
CR2(c2;r1.5*2457)

Services

Water
Municipal water

Location

Cross streets
Augusta Ave / Baldwin St

Running costs

Annual property tax
$13,802

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$1,499,000
245 Augusta Avenue
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