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Row / Townhouse for sale: 493 JONES AVENUE, Toronto
493 Jones Avenue
$899,000
Toronto , Ontario M4J3G8
4 bed
3 bath
About the Property

Cross Streets: Danforth and Jones. ** Directions: South of Danforth. 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:27476)

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Property Details
MLS® Number
E12800230
Type
Single Family
Community Name
Blake-Jones
Ownership Type
Freehold
Land Size
16 x 100 FT
Parking Space Total
1
Building
Building Type
Row / Townhouse
Storeys
2
Square Footage
1500 - 2000 sqft
Bathrooms Total
3
Bedrooms Above Ground
3
Bedrooms Total
4
Exterior Finish
Brick, Concrete
Fireplace Present
No
Basement Type
N/A, Full, N/A (Finished), N/A, N/A
Basement Features
Apartment in basement, Walk out, Separate entrance, Walk-up
Building Heating Type
Forced air
Heating Fuel
Natural gas
Building Cooling Type
None
Utilities
Water
Municipal water
Utility Sewer
Sanitary sewer
Monthly Payment Calculator
$
%
3.49%
5.5%
6%
7%
Years
15 Years
20 Years
25 Years
30 Years
Your Monthly Payment
$3,625
Book a Showing
Darya Strilyana
Darya Strilyana
Real Estate Expert
Phone
+1 .647 .896 .7668
Email
ds@homeads.ca

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Listing provided by: KELLER WILLIAMS ADVANTAGE REALTY

$899,000 - 493 JONES AVENUE, Toronto Ontario M4J 3G8, Canada | Real Estate For Sale | HomeAds.ca

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Updated April 7th 2026 3:20 pm

Book a Showing
Darya Strilyana
Darya Strilyana
Real Estate Expert
Phone
+1 .647 .896 .7668
Email
ds@homeads.ca
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