PROPERTY DETAILS

493 Jones Avenue,

Toronto, Ontario M4J 3G8

$899,000
3+1
3
1
Virtual tour

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:29237)

Property Details
MLS® Number E12800230
Property Type Single Family
Building Type Row / Townhouse
Storeys 2
Community Name Blake-Jones
Title Freehold
Land Size 16 x 100 FT
Parking type No Garage
Interested?

Contact us for more information.

Generating Captcha
Location
Building
Basement Development Finished
Basement Features Apartment in basement, Walk out, Separate entrance, Walk-up
Basement Type N/A, Full, N/A (Finished), N/A, N/A
Bathrooms (Total) 3
Bedrooms - Above Grade 3
Bedrooms - Below Grade 1
Cooling None
Exterior Finish Brick, Concrete
Heating Fuel Natural gas
Heating Type Forced air
Powered by: REALTOR.ca
This REALTOR.ca listing content is owned and licensed by REALTOR® members of The Canadian Real Estate Association

The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)


April 27 2026 12:04:41

Toronto Regional Real Estate Board

Keller Williams Advantage Realty

RealtyPress WordPress CREA DDF® Plugin