347 & 349 Jones Avenue, Toronto, ON
Property Highlights
Welcome to this remarkable store w apt/office located in the coveted neighborhood of Blake-Jones. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $3,200,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 0 Bedrooms and 0 Bathrooms
- Premium 35 x 90 ft lot size
- Convenient outside/surface garage included
- equipped with no central cooling and highly efficient gas forced air open heating
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.
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Property Summary
This store w apt/office located at 347 & 349 Jones Avenue, Toronto is currently for sale and has been available on SousaSells for 7 days. This property is listed at $3,200,000 with an estimated mortgage of $10,652* per month. It has 0 beds, 0 bathrooms, and is unknown square feet. 347 & 349 Jones Avenue, Toronto is in the Blake-Jones neighborhood.
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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Ideal for small families, couples, or individuals seeking a manageable and comfortable living layout in Blake-Jones, Toronto.
- •Desirable Store W Apt/Office architecture in Blake-Jones, Toronto
First-time home buyers, professionals, or investors seeking value.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
None listed
Interior Features
None listed
Security Features
- No
Community Features
- Public Transit
Frequently Asked Questions about 347 & 349 Jones Avenue, Toronto, ON
Q.What is the asking price for 347 & 349 Jones Avenue, Toronto, ON ?
The current listing price for 347 & 349 Jones Avenue, Toronto, ON in Blake-Jones, Toronto is $3,200,000.
Q.How many bedrooms and bathrooms does this property have?
This property features null bedrooms and null bathrooms.
Q.What property type and architectural style is 347 & 349 Jones Avenue, Toronto, ON ?
347 & 349 Jones Avenue, Toronto, ON is a Store W Apt/Office () featuring a basement.
Q.What neighborhood and community amenities are nearby?
Community features and nearby amenities include: Public Transit.
Q.What security features are installed at 347 & 349 Jones Avenue, Toronto, ON ?
Security features include: No.
Q.What heating and cooling systems are installed?
Heating is provided via standard central heat and cooling via No.
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Location
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Open in Google MapsNeighborhood Safety & Crime Analytics
Blake-Jones, Toronto
60 assaults (726.3/100k)
13 B&E (157.4/100k)
5 thefts (60.5/100k)
Improving vs previous year
Formula: (Annual Occurrences / Population) Ă— 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.
Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.
Property History
No historical data available for this property.
This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 347 & 349 Jones Avenue, Toronto, ON M4J 3G4
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Toronto, ON
For a property listed at $3,200,000 in Toronto, the legal minimum down payment is $640,000 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $66,475 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $66,475 also applies, bringing the total estimated land transfer taxes to $132,950.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.
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