1 / 8347 & 349 JONES AVENUE
Toronto (Blake-Jones), Ontario, M4J3G4
$3,200,000
Living area
4,114 square feet
About this property
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:66779)
Details
- Sewer
- Sanitary sewer
- Cooling
- None
- Heating
- Forced air, Natural gas
- List aor
- Toronto
- Directions
- Danforth/ Jones
- Fireplace
- No
- Water source
- Municipal water
- Structure type
- Residential Commercial Mix
- Tax annual amount
- 15,783.89
- Lot size dimensions
- 35 x 90 FT
- Zoning description
- Mixed Use
More in Toronto
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