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347-349 Jones Ave
Toronto, ON M4J 3G4
Retail Property For Sale

Investment Highlights

  • Fully renovated mixed-use property completed in 2025.
  • Approved redevelopment plans provide future densification potential.
  • Diversified income stream generated from five separate units.

Executive Summary

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 Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
2,124 SF
Building Class
C
Year Built/Renovated
1908/2010
Price
$2,312,807 USD
Price Per SF
$1,088.89 USD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.31
Lot Size
0.04 AC
Zoning
R-2
Parking
2 Spaces (0.94 Spaces per 1,000 SF Leased)
Frontage
31’ on Jones Ave
  • Listing ID: 41878051

  • Date on Market: 8/25/2026

  • Last Updated:

  • Address: 347-349 Jones Ave, Toronto, ON M4J 3G4

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