347 & 349 Jones Avenue, Toronto, Ontario M4J 3G4

Listed for:
$3,200,000
0 beds
0 baths
Listed 37 days ago
Residential Commercial Mix for rent: 347 & 349 Jones Avenue, Toronto, Ontario M4J 3G4

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About

Danforth/ Jones 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:27476)

Property Highlights

MLS® Number
E13707398
Type
Retail
Community Name
Blake-Jones
Land Size
35 x 90 FT

Building

Building Type
Residential Commercial Mix
Square Footage
4114 sqft
Amenities
Public Transit
Fireplace Present
No
Basement Type
Basement Features
Building Heating Type
Forced air
Heating Fuel
Natural gas
Building Cooling Type
None

Utilities

Water
Municipal water
Utility Sewer
Sanitary sewer

Location

Learn more about this property
Listing provided by:
VANGUARD REALTY BROKERAGE CORP.
MLS® number:
E13707398
Agent:
Paul Michael Miceli
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