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Murat Sahiner, Broker | Home6 Team at RE/MAX Realtron Realty Inc., Brokerage | 88 Konrad Crescent, Markham, ON L3R 8T7

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245 AUGUSTA Avenue Toronto C01
For SalePrice DropKensington-Chinatown

245 AUGUSTA Avenue Toronto C01, Store W Apt/Office for Sale

MLS® C13428784

Kensington-Chinatown, Toronto, ON

150 days on market
$1,499,000
Previously $1,699,000
Show on Map
Show on Map
N/ABeds
N/ABaths
1,365Sqft
N/AParking
Store W Apt/Office

Overview· 245 AUGUSTA Avenue Toronto

MLS® #C13428784

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.

Broker

RE/MAX ULTIMATE REALTY INC.

Neighbourhood

Kensington-Chinatown

Walk 100Avg $974KArea guide

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Walk Score®100Walker's ParadiseWalker's Paradise
Transit Score®96Rider's ParadiseRider's Paradise
Bike Score®—Not rated for cyclingNot rated for cycling
Schools10036 schools within 1.5 km · nearest 187 m36 schools within 1.5 km · nearest 187 m
Parks8111 parks within 1 km · nearest 160 m11 parks within 1 km · nearest 160 m
Convenience8736 groceries, cafes and pharmacies within 1 km · nearest 91 m36 groceries, cafes and pharmacies within 1 km · nearest 91 m
Safety1Safer than 1% of Toronto neighbourhoods (2025)Kensington-Chinatown: 4,254 incidents per 100,000 residents in 2025, across all crime types, ranked against 158 Toronto neighbourhoods. Toronto counts resident population only, so business and entertainment districts rank worse than residents experience. Source: Toronto Police Services.

Highlights & Amenities· 245 AUGUSTA Avenue Toronto

Source: MLS® listing data
245 AUGUSTA Avenue Toronto

Store W Apt/Office

245 AUGUSTA Avenue Toronto

Kensington-Chinatown

Type

Store W Apt/Office

Parking

None

Property Tax

~$13,802/yr

Heating

Gas Forced Air Closed

Buying Essentials

Square Feet

1365 sqft

Parking

None

Finances

List Price

$1,499,000

Price per SQFT

$1,098/sqft

Property Tax

~$13,802/yr

Property Specs

Property Type

Store W Apt/Office

MLS Size

1365 sqft

Living & Amenities

Heating Type

Gas Forced Air Closed

Policies & Utilities

Neighbourhood

Kensington-Chinatown

Listed On

Jun 9, 2026

Price & Listing History

Days on Market

Current: 150 days

0306090120+

Rooms

Room information is not available for this listing.

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Nearby Schools

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Schools closest to 245 AUGUSTA Avenue Toronto.

Source: No verified source available.Catchment boundaries and ratings are shown only when available.

No verified nearby school records were found for this property location.

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Mortgage Calculator

Mortgage Summary

Mortgage Payment$6,029/mo
Property Tax$1,150/mo
Total Monthly$7,179

Monthly Cash Flow (investors)

$
Net Cash FlowN/A

Closing Costs

Estimated closing costs$0
Cash required incl. down payment$0