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$ 3,200,000
Est. payment /mo
New
347 & 349 Jones AVE Toronto E01, ON M4J 3G4
4,113 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Store W Apt/Office
Listing Status Active
Purchase Type For Sale
Square Footage 4,113 sqft
Price per Sqft $778
Municipality Toronto E01
Subdivision Blake-Jones
MLS Listing ID E13707398
Annual Tax Amount $15,783
Tax Year 2025
Property Sub-Type Store W Apt/Office
Property 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.
Location
Province ON
County Toronto
Community Toronto E01
Area Toronto
Interior
Heating Yes
Cooling No
Exterior
Community Features Public Transit
Utilities Available Available
Lot Frontage 35.0
Lot Depth 90.0
Others
Security Features No
ParcelsYN No
Listed by VANGUARD REALTY BROKERAGE CORP.