$3,200,000
347 & 349 Jones Avenue, Toronto, ON M4J 3G4
— beds— baths
Key facts
- MLS®
- E13707398
- Status
- New
- Type
- Store W Apt/Office
- Taxes
- $15,784
- Listed
- 2026-08-24
- Brokerage
- VANGUARD REALTY BROKERAGE CORP.
- Cross street
- Danforth/ Jones
Description
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.
IDX listing data provided by AMPRE / TRREB. Information is believed reliable but not guaranteed.