Price ChangeFor Sale

493 Jones Avenue
Toronto E01, Toronto, ON, M4J 3G8

Investment
TRREB
MLS® Number: E12800224
$899,000List Price
InvestmentProperty Type
1,650 sq ftSize
$3,891 / 2025Taxes (Annual)
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PRICE CHANGED
$899,000
Previously Listed For:
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Listing History

Buy/sell history for 493 Jones Avenue, Toronto E01, ON M4J 3G8

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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.

Features

No features available

Amenities

No amenities available

Summary

Tax (Annual):$3,891 / 2025
Listing #:E12800224
Property Type:Investment
Size:1,650 sq ft
Land Size:16 x 100
Days on CPRB:
Garage:None
Locker:None
On CPRB Since:
Listing Brokerage:KELLER WILLIAMS ADVANTAGE REALTY

Rooms

Details

Property

Property Type:Investment
Community:Blake-Jones
Municipality:Toronto

Building

Size:1,650 sq ft

Inside

Bedrooms:0
Bathrooms:0
Kitchens:0
Family Room:No

Parking

Garage Type:None
Garage Spaces:0
Total Parking Spaces:0

Utilities

Cooling:No
Heating Type:Gas Forced Air Open

Land

Cross Street:Danforth Jones

$899,000

List price

493 Jones Avenue, Toronto E01 – Investment for sale · MLS® # E12800224 | CPRB