$3,200,000
347 & 349 Jones Ave
Toronto E01, ON M4J 3G4
347 & 349 Jones Ave, Toronto E01 — Listed at $3,200,000 Store W Apt/Office. MLS® E13707398.
Possession · seller's timeline
Flexible
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.
Property Details
Business Details
Commercial Space & Financials
Property Insights
Listing Courtesy of: VANGUARD REALTY BROKERAGE CORP.
MLS® #E13707398
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About Toronto Real Estate
This Store W Apt/Office is located in the Blake-Jones community in Toronto. Toronto is Canada's largest city and the economic hub of the Greater Toronto Area. With world-class transit, diverse neighbourhoods from the Annex to Scarborough, and proximity to major employers in the Financial District, it remains the most sought-after real estate market in Ontario. Buyers benefit from extensive GO Transit and TTC subway connectivity.