245 Augusta Ave is a commercial in Toronto, listed for $1,499,000.
1Exceptional mixed-use investment opportunity in the heart of Toronto's vibrant Kensington Market.
2This well-located property features a beloved restaurant space on the main floor and basement, together with a residential apartment on the second floor.
3Surrounded 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.
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Commercial Property in Toronto
About 245 Augusta Avenue
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.
Toronto commercial priced at $1,499,000 — book a tour to see if it fits your search.
Inside 245 Augusta Ave
Every detail from the listing, in one place.
Type
Commercial
Features & systems
Lot & land
Lot size (sqft)
0
Listing & possession
Property class
Store W Apt/Office
245 Augusta Ave Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Similar homes for sale nearby in Toronto
Other 2-bed homes for sale in Toronto around $1.5M.
Average days on market32Homes sold in about 32 days on average.
Sale-to-list ratio5185.0%On average, homes sold at or above asking.
Active listings12,092Homes for sale here right now.
Median vs prior 90 days−0.2%Compared with May 8 – Aug 6, 2026: prices down.
Based on 9,142 sales from Aug 6 – Nov 4, 2026 (7,119 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 245 Augusta Ave
How much is 245 Augusta Ave listed for?
245 Augusta Ave is listed at $1,499,000 (MLS® C13428784). Summitly updates the price as soon as the MLS® record changes.
Has the price of 245 Augusta Ave changed?
Yes — it was first listed at $1,699,000 and is now $1,499,000, a drop of $200,000 (11.8%).
How many bedrooms and bathrooms does 245 Augusta Ave have?
The listing for 245 Augusta Ave doesn't publish its bedroom and bathroom count. It is a commercial property in Toronto.
How does 245 Augusta Ave compare with other homes in Toronto?
Its asking price of $1,499,000 is about 78% above the median sold price in Toronto over the last 90 days, $840,000, across 9,142 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 245 Augusta Ave been sold before?
Summitly has no earlier MLS® sale or lease of 245 Augusta Ave on record from the last two years. Older records aren't shown under TRREB rules.
Where is 245 Augusta Ave?
245 Augusta Ave is in Toronto, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 245 Augusta Ave been on the market?
148 days — 245 Augusta Ave was listed on June 9, 2026.
What is the land transfer tax on 245 Augusta Ave?
About $52,910 at the asking price of $1,499,000: $26,455 Ontario land transfer tax plus $26,455 Toronto municipal land transfer tax. First-time buyers can get up to $4,000 back from Ontario and up to $4,475 from Toronto. Legal fees and other closing costs are extra.
How do I book a viewing of 245 Augusta Ave or make an offer?
Select "Book a viewing" on this page and pick a time. A licensed Coldwell Banker Summit Realty, Brokerage agent confirms it with the listing brokerage. When you're ready, your agent prepares the offer with you and submits it to the listing brokerage.
What is the property tax for 245 Augusta Ave?
The listing for 245 Augusta Ave doesn't publish the annual property tax. The property tax calculator linked at the foot of this page gives an estimate for Toronto.
When was 245 Augusta Ave built?
The listing for 245 Augusta Ave doesn't publish a year built. A Summitly agent can ask the listing brokerage for it.
