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

$899,000
  • Updated On:
  • April 9, 2026
  • 1,650.00 ft2

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: E12800224
Price: $899,000
Property Size: 1,650.00 ft2
BuildingAreaTotal: 1650
BuildingAreaUnits: square feet
Cooling: None
Directions: Cross Streets: Danforth Jones. ** Directions: South of Danforth.
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/29375948/493-jones-avenue-toronto-blake-jones-blake-jones
LivingAreaUnits: square feet
LotSizeDimensions: Bldg=16 x 100 FT
ModificationTimestamp: April 8, 2026 at 10:05pm
OriginalEntryTimestamp: February 19, 2026 at 02:04am
OriginatingSystemName: Toronto Regional Real Estate Board
PhotosChangeTimestamp: February 19, 2026 at 02:04am
PhotosCount: 40
PostalCode: M4J3G8
StatusChangeTimestamp: April 8, 2026 at 10:00pm
StreetName: Jones
StreetNumber: 493
StreetSuffix: Avenue
StructureType: Offices
TaxAnnualAmount: 3891
TaxYear: 2025
WaterSource: Municipal water
ZoningDescription: Residential Commercial
Other Features
Microwave

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