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New · Listed Aug 24, 2026 · 64 days on market

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

$3,200,000

Commercial · Store W Apt/Office · 4113.7 sq ft · For Sale

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.

Property summary

TypeCommercial
SubtypeStore W Apt/Office
Building area4113.7 Square Feet
Lot size35 × 90 ft
Taxes$15,784 / yr
GarageOutside/Surface
PossessionFlexible
OccupantTenant
Property
Lot width35
Lot depth90
Power & Services
Heating typeGas Forced Air Open
SewerSanitary
UtilitiesAvailable
Residential
GarageOutside/Surface
Zoning & Taxes
Taxes / yr$15,784
Tax year2025
Interested in this property?
Book a viewing or ask us anything — a Central Commercial Realty agent will respond within one business day.

Data provided by TRREB. Listed by VANGUARD REALTY BROKERAGE CORP..

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CC Susan — Central Commercial
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