For Sale: 493 Jones Avenue, Toronto, ON - REW
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$799,000
4 bd • 3 ba • 1500 - 1999 sf • Townhouse
493 Jones Avenue
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$799,000
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493 Jones AvenueToronto, ON, M4J 3G8

Blake-Jones
  • 4 Bed
  • 3 Bath
  • 1500 - 1999 Sqft
  • Townhouse

About this home

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:63626)
Listed by: CANDACE KASZAS, Salesperson, KELLER WILLIAMS ADVANTAGE REALTY

Home facts and features

Price details
List Price
$799,000
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Gross Taxes for 2025
$3,891
Home facts
Bedrooms
4
Full Bathrooms
3
Parking Spaces
1
Parking Details
No Garage
Property Type
Townhouse
Title
Freehold
Exterior Finish
Brick, Aluminum siding
Heating Type
Forced air, Natural gas
Basement Details
Apartment in basement, Separate entrance, ,
Features
Carpet Free, Lane
Appliances
Microwave, Refrigerator, Stove
Community
Agent details
Primary Agent
CANDACE KASZAS
Primary Broker
KELLER WILLIAMS ADVANTAGE REALTY
Listing details
Days on REW
14 Days
Property Views
41
MLS® Number
E13173828
Source
Canadian Real Estate Association
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Property Insights

Earl Grey Senior Public School
  • Public
  • 7 - 8
Subway Academy I
  • Public
  • 9 - 12
Madinah Islamic School
  • Private
  • JK - 8
ÉÉC du Bon-Berger
  • Catholic
  • JK - 6
Blake Street School
  • Public
  • JK - 6
Wilkinson Junior Public School
  • Public
  • JK - 6
Holy Name Catholic School
  • Catholic
  • JK - 8
Pape Avenue Junior Public School
  • Public
  • JK - 6
Riverdale Collegiate Institute
  • Public
  • 9 - 12
Greenwood School
  • Public
  • 9 - 12
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
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Call Agent
Salesperson
CANDACE KASZAS
Phone:
(416) 465-4545
Office:
416-465-4545
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