8
See all 8 photos
$3,200,000
Est. payment /mo
4,114 SqFt
New
347 & 349 JONES AVENUE Toronto (blake-jones), ON M4J3G4
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Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Approx. Sqft 4114
Square Footage 4,114 sqft
Price per Sqft $777
Subdivision Blake-Jones
MLS® Listing ID E13707398
Property 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. (id:24570)
Location
Province ON
Rooms
Kitchen 0.0
Interior
Heating Forced air
Cooling None
Exterior
Parking Features No
View Y/N No
Attached Garage No
Garage No
Private Pool No
Building
Sewer Sanitary sewer
Listed by VANGUARD REALTY BROKERAGE CORP.
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