245 AUGUSTA Avenue, Toronto, ON M5T 2L8
Kensington-Chinatown, Toronto · Near Augusta Ave / Baldwin St · View map
About this home
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.
The home
- Type
- Store w apt / office
- Square footage
- 1365 sq ft
- Lot size
- 14.1 x 77 ft
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
Heating & cooling
- Heating type
- Gas Forced Air Closed
- Air conditioning
- Yes
Garage & parking
- Total parking
- None
Taxes & other
- Property taxes
- $13,802/yr
- Tax year
- 2026
- Occupancy
- Owner
- Possession
- tbd
- Cross street
- Augusta Ave / Baldwin St
- Neighbourhood
- Kensington-Chinatown
More
- MLS® number
- C13428784
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No features listed yet.
- Mortgage
- Property tax
- Maintenance fee
Cash needed to close
Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax and Toronto municipal land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.
245 AUGUSTA Avenue, Toronto, ON M5T 2L8
Kensington-Chinatown, Toronto · Near Augusta Ave / Baldwin St
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Listing history for 245 AUGUSTA Avenue
See what this home and others at the same address were listed for, what they sold for, and how long it took.
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Frequently asked questions about 245 AUGUSTA Avenue
Answers come straight from this home’s MLS® listing.
How much is 245 AUGUSTA Avenue listed for, and what would it cost each month?
245 AUGUSTA Avenue is listed for $1,499,000. With 20% down ($299,800), the mortgage payment would be roughly $6,047 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $7,197 a month, all in. That figure is an illustration, not a quote.
Is 245 AUGUSTA Avenue freehold or a condo, and is there a monthly fee?
245 AUGUSTA Avenue is a store w apt / office in Kensington-Chinatown, Toronto. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.
Does 245 AUGUSTA Avenue have a garage and parking?
The listing does not show a garage. The listing does not include a parking space.
What style of home is 245 AUGUSTA Avenue?
245 AUGUSTA Avenue is a store w apt / office. Commercial property covers retail, office, industrial and investment buildings and businesses for sale or lease.
How big is 245 AUGUSTA Avenue, and what is the lot size?
The lot is listed as 14.1 x 77 ft.
How is 245 AUGUSTA Avenue heated and cooled?
Heating is gas forced air closed. Cooling is yes.
What are the property taxes for 245 AUGUSTA Avenue?
Property taxes are $13,802 a year (2026), or about $1,150 a month.
Where is 245 AUGUSTA Avenue?
245 AUGUSTA Avenue is in the Kensington-Chinatown community of Toronto. The nearest main intersection is Augusta Ave / Baldwin St. The postal code is M5T 2L8.
Is 245 AUGUSTA Avenue still for sale?
Yes. It is an active listing (MLS® C13428784). Listings here update from the board through the day and come down once a home sells.
What are similar properties near 245 AUGUSTA Avenue asking?
Similar properties for sale nearby right now include 178 Baldwin Street at $1,472,000, 394 Spadina Avenue at $1,599,000 and 13 Baldwin Street at $1,349,000. These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 245 AUGUSTA Avenue sold for?
Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.
How do I book a showing at 245 AUGUSTA Avenue?
Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.
Have a different question? Ask about this home and get an answer, usually within the hour.
Similar properties nearby
More properties for sale near Kensington-Chinatown, picked by style, size and price.
Store w apt / office$1,472,000178 Baldwin Street, TorontoKensington-ChinatownCourtesy of: TRADEWORLD REALTY INCView home →
Commercial retail$1,599,000394 Spadina Avenue, TorontoKensington-ChinatownCourtesy of: CB METROPOLITAN COMMERCIAL LTD.View home →
Store w apt / office$1,349,00013 Baldwin Street, TorontoKensington-ChinatownCourtesy of: ROYAL LEPAGE SIGNATURE REALTYView home →Courtesy of: RE/MAX ULTIMATE REALTY INC.
Listing information comes from the Toronto Regional Real Estate Board through PropTx and is deemed reliable but is not guaranteed accurate. It is provided for consumers' personal, non-commercial use. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.