Toronto (Blake-Jones), ON
347 & 349 JONES AVENUE
$3,200,000
Listed by
VANGUARD REALTY BROKERAGE CORP.
PAUL MICHAEL MICELI, Salesperson
Data last updated Oct 21, 2026, 2:50 a.m. ET. By using this site you agree to our Terms of Use.
Property facts
- Price
- $3,200,000
- Type
- retail
- Bedrooms
- 0
- Bathrooms
- 0
- Size
- 4,114 sq ft
- MLS®
- E13707398
- Status
- active
- Brokerage
- VANGUARD REALTY BROKERAGE CORP.
About this home
Description provided by the listing brokerage
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.