493 Jones Avenue, Toronto E01, ON M4J 3G8
$799,000
$799,000

493 Jones Avenue

Blake-Jones, Toronto $799,000

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4 Beds
3 Baths
1500-2000 sqft
Parking for 1
East Facing
MLS®#:
E13173828
Property Type:
Att/Row/Twnhouse
Property Style:
2-Storey
Area:
Toronto
Community:
Blake-Jones
Taxes:
$3,891 / 2026
Added:
May 26 2026
Lot Frontage:
16
Lot Depth:
100
Status:
Active
Outside:
Aluminum Siding,Brick
Year Built:
Basement:
Apartment,Separate Entrance
Brokerage:
KELLER WILLIAMS ADVANTAGE REALTY
Lot :

100

16

Intersection:
Jones and Danforth
Rooms:
Bedrooms:
4
Bathrooms:
3
Fireplace:
Utilities
Water:
Municipal
Cooling:
None
Heating Type:
Forced Air
Heating Fuel:

Listing Details

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.

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

Insights

  1. Strong Income Potential: This property features three self-contained units, providing multiple rental opportunities and the potential for stable cash flow, making it an attractive investment for buyers seeking income-generating properties.
  2. Prime Location: Located in the highly sought-after Blake-Jones community, just steps from Donlands Station, this property benefits from excellent access to public transit, shops, restaurants, schools, and parks, enhancing its rental appeal.
  3. Versatile Usage: The main floor unit offers commercial/office potential, allowing for live/work arrangements or additional income opportunities, making this property suitable for a variety of buyers, including investors and end-users.

Sale/Lease History of 493 Jones Avenue

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Neighborhood Overview

Complete neighborhood profile for 493 Jones Avenue

Blake-Jones home prices

Average sold price for Detached, Semi-Detached, Condo, Townhomes in Blake-Jones

Insights for 493 Jones Avenue

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* Data is provided courtesy of TRREB (Toronto Regional Real-estate Board)