493 JONES AVENUE,Toronto (Blake-Jones),,

$899,000
  • Updated On:
  • March 29, 2026
  • 4 Bedrooms
  • 3 Bathrooms

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:65066)

Address: 493 JONES AVENUE
State/County:
Zip: M4J3G8
Country: Canada
Listing Id: E12800230
Price: $899,000
Bedrooms: 4
Bathrooms: 3
Basement: Finished, Full, Apartment in basement, Separate entrance, Walk out, Walk-up, N/A, N/A, N/A, N/A
BedroomsAboveGrade: 3
BedroomsBelowGrade: 1
CommonInterest: Freehold
Cooling: None
Directions: Cross Streets: Danforth and Jones. ** Directions: South of Danforth.
FoundationDetails: Block, Concrete
FrontageLengthNumeric: 16
FrontageLengthNumericUnits: feet
Heating: Forced air, Natural gas
InternetAddressDisplayYN: 1
InternetEntireListingDisplayYN: 1
ListAOR: Toronto
ListAORKey: 82
ListAgentKey: 1411327
ListOfficeKey: 148048
ListingURL: www.realtor.ca/real-estate/29375949/493-jones-avenue-toronto-blake-jones-blake-jones
LivingAreaMaximum: 2000
LivingAreaMinimum: 1500
LivingAreaUnits: square feet
LotFeatures: Carpet Free
LotSizeDimensions: 16 x 100 FT
ModificationTimestamp: March 29, 2026 at 12:05pm
OriginalEntryTimestamp: February 19, 2026 at 02:04am
OriginatingSystemName: Toronto Regional Real Estate Board
ParkingFeatures: No Garage
ParkingTotal: 1
PhotosChangeTimestamp: February 19, 2026 at 02:04am
PhotosCount: 39
PostalCode: M4J3G8
Sewer: Sanitary sewer
StatusChangeTimestamp: March 29, 2026 at 11:59am
Stories: 2
StreetName: Jones
StreetNumber: 493
StreetSuffix: Avenue
StructureType: Row / Townhouse
TaxAnnualAmount: 3891
TaxYear: 2025
WaterSource: Municipal water
Other Features
Brick
Concrete
Microwave
Property Attached
Range
Refrigerator
Stove

Property Reviews

No reviews found.
You need to login in order to post a review

yelp logo

$4,609.35
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
  • Private Mortgage Insurance
$ 3,485.60

Tue 26 May
Wed 27 May
Thu 28 May
Fri 29 May
Sat 30 May
Sun 31 May
Mon 01 Jun
Tue 02 Jun
Wed 03 Jun
Thu 04 Jun
In Person
Video Chat
Your information

Similar Listings

508 – 70 TEMPERANCE STREET,Toronto (Ba...

$518,000
Welcome To Indx! Looking For A Great Place To Call Home In The Heart Of Downtown Toronto? ...

37 BRAMSEY STREET,Georgina (Sutton & Jac...

$899,900
Detached Home Designed For Functional Family Living Located In A Family Friendly Neighborh ...

35 GERALDTON CRESCENT, Toronto (Bayview Vill...

$2,318,800
Stunning fully renovated side-split in the heart of Bayview Village. Rebuilt with closed p ...
Active

29 ALDER STREET,Orangeville,,

$1,049,900
Welcome to 29 Alder Street in Orangeville, a beautifully maintained 3+1 bedroom, 4 bathroo ...

Schedule a tour

Tue 26 May
Wed 27 May
Thu 28 May
Fri 29 May
Sat 30 May
Sun 31 May
Mon 01 Jun
Tue 02 Jun
Wed 03 Jun
Thu 04 Jun
In Person
Video Chat
Your information

Compare Listings