Tej Thakor Broker of Record / Owner 647-684-1731
For Sale
MLS®# C13428784

245 AUGUSTA Avenue, Toronto, ON M5T 2L8

Toronto C01, ON M5T 2L8

$1,499,000 Est. $6,367/mo · 20% down, 25-yr, 4.09% ↓ $200,000 (-11.8%)
14 × 77 ftLot
Store W Apt/OfficeType

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.

Property Summary

Property TypeStore W Apt/Office
Community NameKensington-Chinatown
Land Size14.09 x 77 ft
Annual Property Taxes$13,802.00
Tax Year2026
Parking TypeNone Garage

Building details

Bathrooms / washrooms0
Property typeStore W Apt/Office

Lot & land

Lot dimensions14 × 77 ft
Lot frontage14 ft
Lot depth77 ft

Building Features

StyleStore W Apt/Office
Fire ProtectionNo

Heating & Cooling

CoolingYes
Heating TypeGas Forced Air Closed

Parking

Parking TypeNone Garage

Taxes & fees

Annual taxes$13,802 (2026)

Listing history

On market sinceJun 9, 2026
Original list price$1,699,000

Location

Toronto C01, ON M5T 2L8
Listed by RE/MAX ULTIMATE REALTY INC., Brokerage · Listing data sourced from TRREB®, refreshed nightly.
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The trademarks REALTOR®, REALTORS®, MLS®, Multiple Listing Service® and the associated logos are owned or controlled by The Canadian Real Estate Association (CREA). Used under licence. Information deemed reliable but not guaranteed. Tej Thakor is a Broker of Record at Royal LePage Terra Realty.
Call Tej Now 647-684-1731
245 AUGUSTA Avenue, Toronto, ON M5T 2L8