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    For Sale - 347 & 349 Jones Avenue, Toronto, Ontario

    Est payment $15,366/mo
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    Views   1
    Time on Jump  46 day

    AI Summary *

    • Turnkey mixed-use property fully renovated in 2025 with strong income potential.
    • Five units generating a combined monthly rent of $8,450.
    • Approved plans for a new 8-unit building enhance future value.
    • Located in a walkable neighborhood with strong rental demand.
    • Ideal for investors seeking low-maintenance assets with cash flow.




    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 IDE13707398
    Address347 & 349 Jones Avenue
    CityToronto, Ontario
    Price$3,200,000
    StyleStore W Apt/Office
    TypeIndustrial/Commercial
    StatusFor Sale

    Subtype Store W Apt/OfficeCommunity Features Public TransitBasement 1Heating / Cooling Gas Forced Air OpenSewer Sanitary

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    Listing Brokerage: VANGUARD REALTY BROKERAGE CORP.

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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    347 & 349 Jones Avenue
    Toronto , Ontario
    $3,200,000
    Get more info