$3,200,000
( $777.89Per Sq Foot )
 $17,178 est/mo Sourced by Back At You

347 & 349 Jones Avenue,Toronto E01, ON M4J 3G4

Toronto E01, ON M4J 3G4

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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.

Details

MLS #E13707398
Listing TypeFor Sale
Sub-TypeResale
StatusNew
Year0
Days On Site66
Listing Provided ByVANGUARD REALTY BROKERAGE CORP. | E13707398 152900

Features

SQ Feet4,113
Acreage0.09

Interior

Heating Yes / NoYes
Cooling Yes / NoNo
CoolingNo
Rooms Total0

Exterior

Community FeaturesPublic Transit
Security FeaturesNo

Utilities

UtilitiesAvailable
SewerSanitary

Taxes

Tax Annual Amount15783.89
Tax TypeAnnual
Tax Year2025

Area Information

ProvinceON
CountyToronto
CityToronto E01
Postal CodeM4J 3G4
AreaBlake Jones
Listing VS Median (in M4J 3G4)
Price:
$3,200,000
low | high
Med:
$3,200,000
50% of Average
sqft:
4,113
low | high
Med:
4,113
50% of Average
$ / sqft:
$778
low | high
Med:
$778
50% of Average
On site:
66
low | high
Med:
66
100% of Average
Sourced by Back At You

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Additional Information

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Contact

Learn More About This Property

LAURIE MACDONALD

LAURIE MACDONALD

Coldwell Banker The Real Estate Centre

 (705) 321-1158laurie@fablerealestate.com
ProvinceON
CountyToronto
CityToronto E01
Postal CodeM4J 3G4
AreaBlake Jones
Listing VS Median (in M4J 3G4)
Price:
$3,200,000
low | high
Med:
$3,200,000
50% of Average
sqft:
4,113
low | high
Med:
4,113
50% of Average
$ / sqft:
$778
low | high
Med:
$778
50% of Average
On site:
66
low | high
Med:
66
100% of Average
Sourced by Back At You
Listing Updated: October 1, 2026 at 8:28:33 AM PDT

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LAURIE MACDONALD

425 Davis Drive
Newmarket, Ontario L3Y 2P1
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MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Toronto Real Estate Board.
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Information Technology of Southern Ontario MLS.
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