493 JONES AVENUE, Toronto (Blake-Jones)

2026-05-26
 

Quick Summary

Location
493 JONES AVENUE, Toronto (Blake-Jones), Ontario M4J3G8
Price
$799,000 CAD
Status:
For Sale
Property Type:
Single Family
Area:
1500 - 2000 sqft
Bedrooms:
3 bed +1
Bathrooms:
3
Garages:
1

MLS®#E13173828

Property Description

Exceptional income-producing property in the highly sought-after Jones & Danforth neighbourhood, just steps to Donlands Station. This versatile property features three self-contained units, each with two separate entrances/exits, enhancing privacy, safety, and rental flexibility. Main Floor Unit: Spacious 2-bedroom layout with both front and rear access. The main level also offers commercial/office potential (buyer to verify permitted uses), making it ideal for professional services, live/work arrangements, or additional income opportunities. Upper Unit: Bright and functional 1-bedroom suite with front entrance and rear access via private back deck. Excellent natural light and efficient layout attractive to tenants. Basement Unit: Self-contained 1-bedroom suite with approximately 7-foot ceiling height. Features rear entrance plus interior access from the main level. Situated in a high-demand rental pocket steps to transit, Danforth shops, restaurants, schools, and parks. Strong rental appeal driven by location, layout efficiency, and multiple access points. Laneway parking adds valuable convenience and additional tenant appeal. Ideal for investors seeking stable cash flow with upside potential, or end users looking to occupy one unit while generating income from the others. Projected market rents suggest attractive investor returns. A rare opportunity to secure a flexible, income-generating property in one of Toronto's most vibrant east-end communities. (id:32467)

Property Features

Building

  • Appliances: Microwave, Stove, Refrigerator
  • Basement Features: Apartment in basement, Separate entrance
  • Basement Type: N/A, N/A
  • Construction Style: Attached
  • Cooling Type: None
  • Exterior Finish: Aluminum siding, Brick
  • Fireplace: No
  • Interior Size: 1500 - 2000 sqft
  • Building Type: Row / Townhouse
  • Stories: 2
  • Utility Water: Municipal water

Features

  • Feature: Lane, Carpet Free

Land

  • Land Size: 16 x 100 FT
  • Sewer: Sanitary sewer

Ownership

  • Type: Freehold

Information entered by KELLER WILLIAMS ADVANTAGE REALTY
Listing information last updated on: 2026-06-08 12:05:41


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