Contact Us

15-17 Augusta Avenue in Toronto: Kensington-Chinatown Commercial for sale (Toronto C01) : MLS®# C12611870

Looking for a commercial residential for sale? These mixed-use properties offer flexibility and income potential, blending business space with residential living. Whether you’re an investor, entrepreneur, or buyer seeking passive income, commercial-residential real estate presents excellent long-term value.

Forgot password Extend Verify Contact

15-17 Augusta Avenue
Kensington-Chinatown Toronto M5T 2K7

$2,880,000 /For Sale
Commercial

Main Photo: 15-17 Augusta Avenue in Toronto: Kensington-Chinatown Commercial for sale (Toronto C01) : MLS®# C12611870
Photo 1: 15-17 Augusta Avenue in Toronto: Kensington-Chinatown Commercial for sale (Toronto C01) : MLS®# C12611870
Photo 2: 15-17 Augusta Avenue in Toronto: Kensington-Chinatown Commercial for sale (Toronto C01) : MLS®# C12611870
Photo 3: 15-17 Augusta Avenue in Toronto: Kensington-Chinatown Commercial for sale (Toronto C01) : MLS®# C12611870
Photo 4: 15-17 Augusta Avenue in Toronto: Kensington-Chinatown Commercial for sale (Toronto C01) : MLS®# C12611870
Photo 5: 15-17 Augusta Avenue in Toronto: Kensington-Chinatown Commercial for sale (Toronto C01) : MLS®# C12611870
Photo 6: 15-17 Augusta Avenue in Toronto: Kensington-Chinatown Commercial for sale (Toronto C01) : MLS®# C12611870
Status:
Active
Prop. Type:
Commercial
MLS® Num:
C12611870
**DEVELOPMENT OPPORTUNITY** With its prime downtown location and compact size, the site presents an ideal opportunity for infill development, boutique retail, or continued parking operations. These two properties can be purchased together as a rare development assembly, offering a total combined area of approximately 4,313.25 sq. ft. and over 6,500 sq. ft. of total developable space (if another neighbour is incuded). Together, these properties form a unique assembly opportunity in a high-demand urban corridor-perfect for developers, investors, or visionary end users looking to create a landmark project in the heart of Toronto.
Property Type:
Commercial
Property Sub Type:
Land
Freestanding:
Yes
Total Area:
4313 sq. ft. Square Feet
Total Area:
4,313.25 sq. ft.
Lot Depth:
81'
Lot Frontage:
53'3"
Water supply:
Municipal
Zoning:
R(d1*853)
Possession Details:
TBD
HST Applicable To Sale Price:
Included In
Type Taxes:
Annual
Taxes:
$15,368.48 / 2025
Assessment:
$- / -
Toronto
Toronto C01
Kensington-Chinatown
Public Transit, Subways
Utilities:
Available
Sewers:
Sanitary+Storm Available
Seller Property Info Statement:
No
Category:
Designated
Date Listed:
Dec 09, 2025
Original Price:
Previous Price:
  • Photo 1: 15-17 Augusta Avenue in Toronto: Kensington-Chinatown Commercial for sale (Toronto C01) : MLS®# C12611870
    Photo 1 of 6
  • Photo 2: 15-17 Augusta Avenue in Toronto: Kensington-Chinatown Commercial for sale (Toronto C01) : MLS®# C12611870
    Photo 2 of 6
  • Photo 3: 15-17 Augusta Avenue in Toronto: Kensington-Chinatown Commercial for sale (Toronto C01) : MLS®# C12611870
    Photo 3 of 6
  • Photo 4: 15-17 Augusta Avenue in Toronto: Kensington-Chinatown Commercial for sale (Toronto C01) : MLS®# C12611870
    Photo 4 of 6
  • Photo 5: 15-17 Augusta Avenue in Toronto: Kensington-Chinatown Commercial for sale (Toronto C01) : MLS®# C12611870
    Photo 5 of 6
  • Photo 6: 15-17 Augusta Avenue in Toronto: Kensington-Chinatown Commercial for sale (Toronto C01) : MLS®# C12611870
    Photo 6 of 6
Larger map options:
Larger map Satellite map Street View Walkscore
Listed by CB METROPOLITAN COMMERCIAL LTD.
Data was last updated December 11, 2025 at 03:15 AM (UTC)
DARYL KING
This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate of the type being offered via the website. The data relating to real estate on this website comes in part from the MLS® Reciprocity program of the PropTx MLS®. The data is deemed reliable but is not guaranteed to be accurate.
powered by myRealPage.com

Why Choose a Commercial Residential Property?

• Dual Income Potential – Earn from both residential tenants and commercial leases
• Ideal for Business Owners – Live and work in the same space or rent one out
• High Demand in Urban Centers – Great appreciation in key GTA neighborhoods
• Tax Benefits – Potential deductions for property taxes, mortgage interest, and depreciation

Explore Commercial Residential Across the GTA

From downtown Toronto storefronts with apartments above to suburban mixed-use lots, the GTA offers diverse opportunities. Consider locations like:

  • Hamilton & Durham – More affordable options with upside potential
  • Toronto Core – High foot traffic and visibility
  • Vaughan & Richmond Hill – Rapid suburban growth

Tips for Buying a Commercial Residential Property

Make sure to research zoning laws, expected rental yields, and property management needs. Consult professionals for financing, legal advice, and inspections.

Start Your Search for a Commercial Residential Property Today

Browse our listings to find a property that suits your investment goals or lifestyle. Whether you’re expanding a business or building long-term equity, now is the time to invest in this versatile property type.

lore More GTA Homes:

Each link provides updated listings and expert insights.

FAQs – Commercial Residential for Sale

1. What is a commercial residential property?
It’s a mixed-use property that combines residential living space with commercial units, like retail or office.

2. Are these properties good investments?
Yes. They offer dual income streams and strong appreciation in high-growth areas.

3. Can I live in the residential portion and rent the commercial part?
Absolutely. Many owners choose to occupy one space and lease the other for income.

4. What financing options are available?
You may need a commercial mortgage or mixed-use loan; rates and terms vary from traditional home loans.