347 & 349 JONES AVENUE

$3,200,000

347 & 349 JONES AVENUE

Blake-Jones, Toronto, ON

Type
Retail
Status
Active
Living area
4,114 sqft
MLS®
E13707398

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.