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493 Jones Avenue
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For Sale
493 Jones Avenue
Blake-Jones, Toronto M4J3G8
$875,000
MLS® E13075874
Bedrooms
3
Bathrooms
3
Parking
1
Interior
1500 - 2000 sqft
Lot size
16 ft×100 ft ft
Type
Single Family
Attached
About this property
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 & highlights
Level lot
Lane
Carpet Free
Park
Place of Worship
Public Transit
Schools
Property details
Basement N/A
Heating Forced air, Natural gas
Cooling None
Exterior Aluminum siding, Brick
Lot dimensions 16 ft × 100 ft ft
Parking 1
Sewer Sanitary sewer
Water Municipal water
Ownership Freehold
Listed May 3, 2026
Days on market 11 days
Listing brokerage Keller Williams Advantage Realty
MLS® E13075874
$875,000
493 Jones Avenue
Blake-Jones, Toronto
MLS® E13075874 · For Sale
CK
Candace Kaszas
Keller Williams Advantage Realty
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$875,000
493 Jones Avenue
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493 Jones Avenue
$875,000 · Blake-Jones, Toronto
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