Commercial listings / Mixed-use / For sale
347 & 349 Jones Avenue, Toronto, ON M4J 3G4
$3,200,000
- Property type
- Mixed-use (Store W Apt/Office)
- Transaction
- For sale
- Location
- Toronto E01, Toronto
- Building area
- 4,114 Square Feet
- MLS® number
- E13707398
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.
Listing brokerage: VANGUARD REALTY BROKERAGE CORP.
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