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Murat Sahiner, Broker | Home6 Team at RE/MAX Realtron Realty Inc., Brokerage | 88 Konrad Crescent, Markham, ON L3R 8T7

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347 & 349 Jones Avenue Toronto E01
For SaleSouth Riverdale

347 & 349 Jones Avenue Toronto E01, Store W Apt/Office for Sale

MLS® E13707398

South Riverdale, Toronto, ON

77 days on market
$3,200,000
Show on Map
Show on Map
N/ABeds
N/ABaths
4,114Sqft
N/AParking
Store W Apt/Office

Overview· 347 & 349 Jones Avenue Toronto

MLS® #E13707398

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

Walk 23Avg $968KArea guide

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Walk Score®96Walker's ParadiseWalker's Paradise
Transit Score®83Excellent TransitExcellent Transit
Bike Score®85Very BikeableVery Bikeable
Schools9728 schools within 1.5 km · nearest 213 m28 schools within 1.5 km · nearest 213 m
Parks6611 parks within 1 km · nearest 475 m11 parks within 1 km · nearest 475 m
Convenience5914 groceries, cafes and pharmacies within 1 km · nearest 368 m14 groceries, cafes and pharmacies within 1 km · nearest 368 m
Safety20Safer than 20% of Toronto neighbourhoods (2025)South Riverdale: 1,916 incidents per 100,000 residents in 2025, across all crime types, ranked against 158 Toronto neighbourhoods. Toronto counts resident population only, so business and entertainment districts rank worse than residents experience. Source: Toronto Police Services.

Highlights & Amenities· 347 & 349 Jones Avenue Toronto

Source: MLS® listing data
347 & 349 Jones Avenue Toronto

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

Price & Listing History

Days on Market

Current: 77 days

0306090120+

Rooms

Room information is not available for this listing.

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Nearby Schools

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Schools closest to 347 & 349 Jones Avenue Toronto.

Source: No verified source available.Catchment boundaries and ratings are shown only when available.

No verified nearby school records were found for this property location.

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Mortgage Calculator

Mortgage Summary

Mortgage Payment$12,871/mo
Property Tax$1,315/mo
Total Monthly$14,186

Monthly Cash Flow (investors)

$
Net Cash FlowN/A

Closing Costs

Estimated closing costs$0
Cash required incl. down payment$0