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$1,985,000
Est. payment /mo
1 Bath
3,052 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Store W Apt/Office
Listing Status Active
Purchase Type For Sale
Square Footage 3,052 sqft
Price per Sqft $650
Subdivision Kensington-Chinatown
MLS Listing ID C11952362
Annual Tax Amount $13,277
Tax Year 2024
Property Sub-Type Store W Apt/Office
Property Description
LIVE, WORK & INVEST in the Heart of Kensington Market (Heritage Conservation District)! An exceptional opportunity to own a versatile mixed-use property in one of Toronto's most iconic and vibrant neighbourhoods! This well-maintained 2-storey building offers OVER 3,000 sq. ft. of total floor area including basement, ideal for both COMMERCIAL and RESIDENTIAL use. Property Highlights: MAIN Floor: Prime retail/office space with washroom and kitchenette, featuring excellent frontage and foot traffic. UPPER Floors: Spacious 3-bedroom, 2-bathroom apartment with a full kitchen, living area, two balconies facing Bellevue Square Park, and in-suite laundry. Finished BASEMENT: Self-contained 1-bedroom unit with a separate entrance, kitchen, washroom and laundry. Additional Features: High ceilings, 3 HYDRO METERS, MULTIPLE ENTRANCES, private backyard with storage and ACCESS TO FORMER PRIVATE LANE (according to 2010 survey), 2 Duradek balconies, 2 pressure-treated wood decks, one with skyline view, and FRONT CITY-APPROVED PAID PARKING. Prime Location & Zoning Zoned Commercial/Residential, allowing for endless possibilities-operate a business, rent out units, or enjoy as a live/work home. Located in Kensington Market,just steps from Spadina & Dundas, with heavy foot traffic from tourists, UofT & OCAD students, and local residents. Close to subway, TTC streetcars, hospitals, universities, and Torontos financial & entertainment districts. The area hosts year-round cultural festivals, ensuring steady exposure and activity. Move-In Ready & Recently Updated, COMPLETELY RENOVATED and permitted in 2012 (taken to the studs), BASEMENT PARTIALLY UNDERPINNED & WATERPROOFED. New roof coverings completed in January 2025. Designed by a Toronto architect, featuring a modern, artistic exterior and interior. A must-see investment opportunity for entrepreneurs, investors, and those looking for the perfect live/ work space in downtown Toronto! Buyers to verify permitted uses with the City.
Location
Province ON
County Toronto
Community Kensington-Chinatown
Area Toronto
Interior
Cooling Yes
Exterior
Community Features Public Transit, Subways
Utilities Available Yes
Lot Frontage 16.0
Lot Depth 86.83
Others
Security Features No
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Listed by RE/MAX PREMIER INC.