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4,114 sqft

$3,200,000

347 & 349 Jones Avenue, Toronto, Toronto E01 ON, M4J 3G4

Price per sqftC$777.83
Property size4,114 sqft
Property typeCommercial

Overview

Active

New

Listed Aug 24, 2026

Updated 3 weeks ago

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.

Other Property Details

Taxes
$15,784
Tax Frequency
Annually

 

Courtesy of Listed by , VANGUARD REALTY BROKERAGE CORP.,

Based on information from the Toronto Regional Real Estate Board. 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. Information is deemed reliable but is not guaranteed accurate.

©2026 Toronto Real Estate Board. All rights reserved. 

Data last updated 3:37 AM UTC, 8/25/2026

 

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