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C$3,200,000

347 & 349 JONES AVENUE, Toronto ( Blake - Jones ) Ontario, M4J3G4

Property typeOther
Courtesy of PAUL MICHAEL MICELI with VANGUARD REALTY BROKERAGE CORP.

Overview

Active

Listed Aug 24, 2026

Updated 15h 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. (id:41202)

Other Property Details

Taxes
$15,784
Tax Frequency
Annually

Courtesy of PAUL MICHAEL MICELI with VANGUARD REALTY BROKERAGE CORP.

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