347 & 349 Jones Avenue Toronto, Ontario M4J 3G4

4,114 ft2
None Forced Air

$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:61194)

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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