$3,200,000
( $777.83Per Sq Foot )
 $17,178 est/mo Sourced by Back At You

347 & 349 Jones Avenue,Toronto (Blake-Jones), ON M4J3G4

Toronto (Blake-Jones), ON M4J3G4

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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:13843)

Details

MLS #E13707398
Listing TypeFor Sale
StyleResidential Commercial Mix
StatusActive
Days On Site64
Listing Provided ByVANGUARD REALTY BROKERAGE CORP. | PAUL MICHAEL MICELI

Features

SQ Feet4,114
ZoningMixed Use

Interior

CoolingNone
HeatingForced air, Natural gas
Fireplace Yes / NoNo

Utilities

SewerSanitary sewer
Water SourceMunicipal water

Taxes

Tax Annual Amount15783.89

Area Information

ProvinceON
CityToronto (Blake-Jones)
Postal CodeM4J3G4
Listing VS Median (in M4J3G4)
Price:
$3,200,000
low | high
Med:
$3,200,000
50% of Average
sqft:
4,114
low | high
Med:
4,114
50% of Average
$ / sqft:
$778
low | high
Med:
$778
50% of Average
On site:
64
low | high
Med:
64
100% of Average
Sourced by Back At You

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Learn More About This Property

John Fielding

John Fielding

Sutton Group - Heritage Realty Inc

Sales Representative, , REALTOR® (647) 519-9206jfielding@sutton.com
ProvinceON
CityToronto (Blake-Jones)
Postal CodeM4J3G4
Listing VS Median (in M4J3G4)
Price:
$3,200,000
low | high
Med:
$3,200,000
50% of Average
sqft:
4,114
low | high
Med:
4,114
50% of Average
$ / sqft:
$778
low | high
Med:
$778
50% of Average
On site:
64
low | high
Med:
64
100% of Average
Sourced by Back At You
Listing Updated: September 28, 2026 at 8:40:05 PM PDT

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John Fielding
44 Baldwin Street
Brooklin, ON L1M1A2
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The information is being provided by CREA. Information deemed accurate but not guaranteed. Information is provided for consumers personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2026 CREA. All Rights Reserved.
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