347 & 349 Jones Avenue, Toronto, Ontario, Canada, M4J3G4

3,200,000
for Sale

About the 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.
Store W Apt/Office false
Property Type:
Store W Apt/Office
Status:
for Sale
Land Size:
35 x 90 FT
Business Type:
Commercial/Retail
Heating Type:
Gas Forced Air Open
Cross Street:
Danforth/ Jones
Annual Property Taxes:
15,783.89
Listing ID:
E13707398

Rooms

Dimensions

Brokered by:
Vanguard Realty Brokerage Corp.
Source: CREA
Presented By: