347 & 349 Jones Avenue, Toronto, ON M4J 3G4
Blake-Jones · E01 · M4J 3G4
$3,200,000
$778 / sq ft2 months on market
- Total area
- 4,113.7 sf
- Lot
- 35 × 90 ft
What's special
- Outside/surface garage
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.
Property details
Property
- Property type
- retail
- Interior size
- 4,113.7 sq ft
- Lot size
- 35 × 90 ft
- Zoning
- Mixed Use
- Possession
- TBA
Interior
- Heating
- Gas Forced Air Open
- Cooling
- No
Exterior & services
- Garage
- Outside/Surface
- Sewer
- Sanitary
Costs
- List price
- $3,200,000
- Property taxes
- $15,784 / year (2025)
- Price per sq ft
- $778
Listing
- MLS® number
- E13707398
- Status
- For sale
- Listed
- August 24, 2026
- Days on market
- 73
- Last updated
- October 1, 2026
- Listing brokerage
- VANGUARD REALTY BROKERAGE CORP.
Price & sale history
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Before you make an offer
What this home costs beyond the asking price, and how that price compares to what else is on the market.
How this price compares
This home is priced above most comparable listings — about 85% of comparable retail listings in Toronto are asking less.
- This home
- $778 / sq ft
- Comparable median
- $665 / sq ft
Based on 96 comparable active retail listings in Toronto. These are asking prices, not sale prices.
Mortgage estimate
- Principal & interest
- $14,154.68
- Property tax (est.)
- $1,315.32
- Estimated monthly
- $15,470
Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.
Land transfer tax
Payable on closing, on top of the purchase price.
- Ontario
- $66,475
- Toronto municipal
- $68,475
- Total due on closing
- $134,950
An estimate on the asking price of $3,200,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.
Listing courtesy of VANGUARD REALTY BROKERAGE CORP.. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.
Comparable sales nearby
What similar homes in this area actually sold for.
Nearby sold prices are hidden
Recent closed sales for comparable homes in this area — the numbers that tell you whether the asking price is realistic.
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