347 & 349 Jones Avenue Toronto, Ontario M4J 3G4
$3,200,000
A turnkey mixed-use investment opportunity in a fully renovated (2025)residential-with-storefront building, offering strong, diversified income across 5 units with combined monthly rent of $8,450. Beyond its current stable cash flow, the property offers significant upside through approved plans for a new 8-unit building - 2 units in the basement and 4 units on each of the main and second floors - presenting a rare opportunity to substantially increase density and long-term returns. Situated in a well-established, walkable neighborhood with strong rental demand and steady foot traffic for the ground-floor commercial space, this property combines the stability of residential income today with a clear path to expanded value tomorrow - an ideal opportunity for an investor seeking a renovated,low-maintenance asset with immediate cash flow and real room to grow. (id:63203)
Property Details
| MLS® Number | E13707398 |
| Property Type | Retail |
| Community Name | Blake-Jones |
| Amenities Near By | Public Transit |
Building
| Cooling Type | None |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Size Interior | 4,114 Ft2 |
| Type | Residential Commercial Mix |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Land Amenities | Public Transit |
| Sewer | Sanitary Sewer |
| Size Depth | 90 Ft |
| Size Frontage | 35 Ft |
| Size Irregular | 35 X 90 Ft |
| Size Total Text | 35 X 90 Ft |
| Zoning Description | Mixed Use |
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August 24 2026 07:01:29
Toronto Regional Real Estate Board
Vanguard Realty Brokerage Corp.