347 & 349 JONES AVENUE, Toronto, Ontario
$3,200,000
- 4,114 Square Feet
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:50212)
- Listing ID: E13707398
- Property Type: Retail
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This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 347 & 349 JONES AVENUE in Toronto Ontario. It was last modified on August 24th, 2026. Contact Jan Walker Gray to schedule a viewing or to discover other Toronto real estate for sale.