347 & 349 Jones Avenue, Toronto, ON M4J 3G4
Toronto, ON M4J 3G4
About this property
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.
Property facts & features
- Property type
- Store W Apt/Office
- MLS® number
- E13707398
- Source status
- New
- Bedrooms
- Not provided
- Bathrooms
- Not provided
- Reported interior area
- 4113.7
- Neighbourhood
- Not provided
- Postal code
- M4J 3G4
- Garage
- Outside/Surface
- Lot depth (source units)
- 90
- Annual property tax
- 15783.89
- Basement
- Not provided
- Laundry
- Not provided
- Interior features
- Not provided
- Exterior features
- Not provided
Values and units are reported by the listing source. Verify measurements and fees with the brokerage.
Floor plans & room measurements
Floor plans and verified room measurements are not available for this property.
Property value & listing history
New · $3,200,000
Multi-event history, valuations and sold comparables require verified property identity and display permissions. No historical events or estimated values have been inferred.
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Explore active properties in Toronto →Listing brokerage: VANGUARD REALTY BROKERAGE CORP.. Displayed by EnterHome Realty. Source: authorized IDX record, MLS® E13707398. Information deemed reliable but not guaranteed.