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.

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237 Augusta Avenue N
Kensington-Chinatown Toronto M5T 2L8

$295,000 /For Sale
Commercial

Main Photo: 237 Augusta Avenue N in Toronto: Kensington-Chinatown Commercial for sale (Toronto C01)  : MLS®# C12472951
Photo 1: 237 Augusta Avenue N in Toronto: Kensington-Chinatown Commercial for sale (Toronto C01)  : MLS®# C12472951
Photo 2: 237 Augusta Avenue N in Toronto: Kensington-Chinatown Commercial for sale (Toronto C01)  : MLS®# C12472951
Photo 3: 237 Augusta Avenue N in Toronto: Kensington-Chinatown Commercial for sale (Toronto C01)  : MLS®# C12472951
Photo 4: 237 Augusta Avenue N in Toronto: Kensington-Chinatown Commercial for sale (Toronto C01)  : MLS®# C12472951
Photo 5: 237 Augusta Avenue N in Toronto: Kensington-Chinatown Commercial for sale (Toronto C01)  : MLS®# C12472951
Photo 6: 237 Augusta Avenue N in Toronto: Kensington-Chinatown Commercial for sale (Toronto C01)  : MLS®# C12472951
Photo 7: 237 Augusta Avenue N in Toronto: Kensington-Chinatown Commercial for sale (Toronto C01)  : MLS®# C12472951
Photo 8: 237 Augusta Avenue N in Toronto: Kensington-Chinatown Commercial for sale (Toronto C01)  : MLS®# C12472951
Photo 9: 237 Augusta Avenue N in Toronto: Kensington-Chinatown Commercial for sale (Toronto C01)  : MLS®# C12472951
Photo 10: 237 Augusta Avenue N in Toronto: Kensington-Chinatown Commercial for sale (Toronto C01)  : MLS®# C12472951
Photo 11: 237 Augusta Avenue N in Toronto: Kensington-Chinatown Commercial for sale (Toronto C01)  : MLS®# C12472951
Photo 12: 237 Augusta Avenue N in Toronto: Kensington-Chinatown Commercial for sale (Toronto C01)  : MLS®# C12472951
Photo 13: 237 Augusta Avenue N in Toronto: Kensington-Chinatown Commercial for sale (Toronto C01)  : MLS®# C12472951
Photo 14: 237 Augusta Avenue N in Toronto: Kensington-Chinatown Commercial for sale (Toronto C01)  : MLS®# C12472951
Photo 15: 237 Augusta Avenue N in Toronto: Kensington-Chinatown Commercial for sale (Toronto C01)  : MLS®# C12472951
Photo 16: 237 Augusta Avenue N in Toronto: Kensington-Chinatown Commercial for sale (Toronto C01)  : MLS®# C12472951
Photo 17: 237 Augusta Avenue N in Toronto: Kensington-Chinatown Commercial for sale (Toronto C01)  : MLS®# C12472951
Photo 18: 237 Augusta Avenue N in Toronto: Kensington-Chinatown Commercial for sale (Toronto C01)  : MLS®# C12472951
Photo 19: 237 Augusta Avenue N in Toronto: Kensington-Chinatown Commercial for sale (Toronto C01)  : MLS®# C12472951
Photo 20: 237 Augusta Avenue N in Toronto: Kensington-Chinatown Commercial for sale (Toronto C01)  : MLS®# C12472951
Photo 21: 237 Augusta Avenue N in Toronto: Kensington-Chinatown Commercial for sale (Toronto C01)  : MLS®# C12472951
Photo 22: 237 Augusta Avenue N in Toronto: Kensington-Chinatown Commercial for sale (Toronto C01)  : MLS®# C12472951
Photo 23: 237 Augusta Avenue N in Toronto: Kensington-Chinatown Commercial for sale (Toronto C01)  : MLS®# C12472951
Photo 24: 237 Augusta Avenue N in Toronto: Kensington-Chinatown Commercial for sale (Toronto C01)  : MLS®# C12472951
Photo 25: 237 Augusta Avenue N in Toronto: Kensington-Chinatown Commercial for sale (Toronto C01)  : MLS®# C12472951
Photo 26: 237 Augusta Avenue N in Toronto: Kensington-Chinatown Commercial for sale (Toronto C01)  : MLS®# C12472951
Photo 27: 237 Augusta Avenue N in Toronto: Kensington-Chinatown Commercial for sale (Toronto C01)  : MLS®# C12472951
Photo 28: 237 Augusta Avenue N in Toronto: Kensington-Chinatown Commercial for sale (Toronto C01)  : MLS®# C12472951
Photo 29: 237 Augusta Avenue N in Toronto: Kensington-Chinatown Commercial for sale (Toronto C01)  : MLS®# C12472951
Photo 30: 237 Augusta Avenue N in Toronto: Kensington-Chinatown Commercial for sale (Toronto C01)  : MLS®# C12472951
Status:
Active
Prop. Type:
Commercial
MLS® Num:
C12472951
Bus Major:
Restaurant
Rare chance to own and grow your own restaurant with minimal effort in one of Toronto's most vibrant and historic neighbourhoods - Kensington Market. This highly sought-after location offers exceptional visibility and heavy foot traffic year-round. Extensive $350K renovation and upgrades. Gross Rent: $6,400. Approx. 1,900 sq. ft. total - 1,300 sq. ft. main floor + 600 sq. ft. basement. Two patios (front and back). All equipment and Training (if needed) included. Perfect for entrepreneurs or experienced operators looking to capitalize on a prime, established location with tremendous growth potential.
Property Type:
Commercial
Property Sub Type:
Sale Of Business
Freestanding:
Yes
Total Area:
1900 sq. ft. Square Feet
Total Area:
1,900 sq. ft.
Retail Area:
0 sq. ft. Sq Ft
Lot Depth:
0'
Lot Frontage:
0'
Lot Details:
0.00 x 0.00 Feet
Water supply:
Municipal
Rooms:
0
Zoning:
Commercial
Heating type:
Gas Forced Air Closed
Cooling:
Yes
Garage:
None
Possession Details:
30/60/90
HST Applicable To Sale Price:
Included In
Type Taxes:
N/A
Taxes:
$2,025 / 2025
Assessment:
$- / -
Toronto
Toronto C01
Kensington-Chinatown
Public Transit, Subways
No
No
All Equipments and Training If Needed
Utilities:
Yes
Sewers:
Sanitary+Storm
Air Conditioning:
Partial
Seller Property Info Statement:
Yes
Financial Statements:
Yes
Business/Building Name:
Pho Ngon Dat Viet 2
Major Business Type:
Restaurant
Category:
Without Property
Franchise:
No
Days Open:
Open 7 Days
Hours Open:
11a.m. - 9p.m.
Employees:
3
Chattels:
Yes
LLBO:
No
Seats:
0
Date Listed:
Oct 21, 2025
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Listed by RH REALTY INC.
Data was last updated October 21, 2025 at 02:15 PM (UTC)
DARYL  KING
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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.