Listed for:Listed Jun 9, 2026
$1,499,000

245 Augusta Avenue

Toronto (Kensington-Chinatown), ON M5T 2L8

Store W Apt/Office For Sale
Down Payment AssistanceGet Best Mortgage Rates

Sale & Price History for 245 Augusta Avenue, Toronto, Kensington-Chinatown

No listing history available

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*Sold prices and complete sale & price history are regulated data. Under the Trust in Real Estate Services Act, 2002 (TRESA) and the rules of the Real Estate Council of Ontario (RECO), and pursuant to the Multiple Listing Service® rules of the Canadian Real Estate Association (CREA) and the Toronto Regional Real Estate Board (TRREB), this information may be shown only to registered users who have agreed to the applicable terms of use (a Virtual Office Website, or "VOW," arrangement). HOMEH Inc., Brokerage therefore provides it to signed-in members only. Creating an account is free and takes under a minute.

About 245 Augusta Avenue, Toronto, Kensington-Chinatown

Summarized Description

  • Exceptional mixed-use investment in Kensington Market.
  • Includes restaurant space and residential apartment.
  • High-traffic location with great exposure.
  • Walking distance to cultural attractions.
  • Excellent public transit access.
  • Vacant on closing for owner-users.
  • Surrounded by diverse dining and shopping options.

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.

Key Facts & Features

Property Costs

Annual Property Tax Amount
$13,802
Land Transfer Tax Fee
$52,910

Interior Features

Security Features
No
Fireplace/Stove
No
Elevator
No

Building

Building Type
Store W Apt/Office

Lot

Lot Front
14.09 ft
Lot Depth
77.00 ft

Parking & Garages

Garage Type
None

Heating & Cooling

Heat Type
Gas Forced Air Closed
Air Conditioning
Yes
Water
Municipal

Municipality
Toronto
Neighbourhood
Kensington-Chinatown
Main cross streets
Augusta Ave / Baldwin St
Zoning
CR2(c2;r1.5*2457)
Directions
Augusta Ave / Baldwin St

MLS® number
C13428784
Data source
Toronto Regional Real Estate Board
Listed on
2026-06-09
Updated on
2026-09-01
Days on market
128 days
Possession type
Other
Co-op commission
2.5
Seller
Listed by
RE/MAX ULTIMATE REALTY INC.

Home Market Value

Current home valuation for 245 Augusta Avenue, Toronto, Kensington-Chinatown, Toronto, ON. Listed for $1,499,000

HOMEH Estimate

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Estimated Sales Range

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HOMEH Estimate for 245 Augusta Avenue, Toronto, Kensington-Chinatown

Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.

Insufficient Data
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Mortgage Payment Calculator

Compare up to 4 down payment scenarios

$
Toronto, ON
Minimum Down Payment Required:8.3%

5% on first $500K + 10% on $999,000 over $500K

Minimum down payment

$124,900

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
$
%
$
%
$
%
$
+CMHC insurance
$54,923$41,822$35,676$0
=Total mortgage
$1,428,007$1,390,922$1,309,826$1,199,200
Amortization
Mortgage rate
%
%
%
%
Payment frequency
=Mortgage payment
$6,972monthly$6,791monthly$6,395monthly$5,855monthly
Are you a first time home buyer?

Land Transfer Tax

Provincial

$26,455

Municipal (Toronto)

$26,455

Total Land Transfer Tax

$52,910

Around this home

10/100Almost All Errands Require a Car
0/100Minimal Transit
0/100Not rated
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