


$3,200,000
347 & 349 JONES AVENUE
Blake-Jones, Toronto, ON
About this property
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:66946)
Listing courtesy of VANGUARD REALTY BROKERAGE CORP.. Data provided by the CREA Data Distribution Facility (DDF®). Information is deemed reliable but not guaranteed.