$987,300
10.79 BTC
Photos
Map
493 Jones Avenue, Toronto
$987,300
PRICE
3 + 1
BEDROOMS
3
BATHROOMS
E12800230
MLSID

493 Jones Avenue, Toronto

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.
Read Full Description
View Property
Ask a Question

Sold History

SOLD
22 April 2007
$307,500

Summary

Address
493 Jones Avenue
Community
MLSID
E12800230
Property Type
Att/Row/Townhouse
Property Category
Bedrooms
3 + 1
Bathrooms
3
Kitchens
2 + 1
Taxes (Annual)
$3,891.00
Tax Year
2025
Published
February 18, 2026
Days on Market
0 Days
Possession Type
Flexible
Possession Details
Tba
View Property
Ask a Question

Inclusions

3 Fridges, 3 Stoves, 3 Microwaves, 3 sets of Laundry

Exclusions

Stagers Drapery

Details

Bathroom 1
4-Piece Main Level
Bathroom 2
4-Piece Second Level
Bathroom 3
4-Piece Lower Level
Basement
Apartment, Full, Finished with Walk-Out, Separate Entrance, Walk-Up
Interior Features
Carpet Free, Countertop Range
Parking Spaces
1
Parking Total
1
Architectural Style
2-Storey
Roof
Asphalt Shingle, Membrane
Construction Materials
Brick, Concrete
Lot Width
16 Feet
Lot Depth
100 Feet
Water
Municipal
Heat Source
Gas
Heat Type
Forced Air
New Construction
No
Occupant Type
Vacant
Private Entrance
No
Sauna
No
Seasonal Property
No
Hot Tub / Spa
No
View Property
Ask a Question

Similar Listings

Listing Contracted with KELLER WILLIAMS ADVANTAGE REALTY
View Property
Ask a Question
View Property
Ask a Question
Appointment Date & Time
Date
Time
Send
Cancel
Thank you for your Inquiry!
Your message has been received, one of our represetatives will be in touch with you shortly.
Close