Abstract: A baking apparatus with a toaster comprises a main body; a baking part disposed at one side of the main body, and having a lid mounted at an upper portion thereof so as to be opened and closed by a hinge, a pot mounting portion for receiving a pot, a first heat generator formed at an inside wall of the pot mounting portion, and a rotational shaft protruded at a lower center portion of the pot mounting portion so that a stirring wing is inserted thereon; a toasting part disposed at the other side of the main body, and having a toasting chamber for receiving a slice of bread, a second heat generator formed at an inside wall of the toasting chamber, a lever for applying power source to the second heat generator and guiding the slice of bread, a crumb tray for removing bread crumbs, a driving motor for driving the rotational shaft of the baking part, and an operating portion for applying the power source to the driving motor and the first heat generator.