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MLS® E13707398
South Riverdale, Toronto, ON
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.
Broker
VANGUARD REALTY BROKERAGE CORP.
Neighbourhood
South Riverdale
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Store W Apt/Office
347 & 349 Jones Avenue Toronto
South Riverdale
Type
Store W Apt/Office
Parking
Outside/Surface
Property Tax
~$15,784/yr
Heating
Gas Forced Air Open
Buying Essentials
Square Feet
4114 sqft
Parking
Outside/Surface
Finances
List Price
$3,200,000
Price per SQFT
$778/sqft
Property Tax
~$15,784/yr
Property Specs
Property Type
Store W Apt/Office
MLS Size
4114 sqft
Living & Amenities
Heating Type
Gas Forced Air Open
Policies & Utilities
Neighbourhood
South Riverdale
Listed On
Aug 22, 2026
Public Transit
Days on Market
Current: 77 days
Room information is not available for this listing.
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