493 Jones Avenue
Blake-Jones
Toronto
M4J 3G8
$987,300
Residential Freehold
beds: 3+1
baths: 3.0
- Status:
- Active
- Prop. Type:
- Residential Freehold
- MLS® Num:
- E12800230
- Bedrooms:
- 3+1
- Bathrooms:
- 3
- Photos (39)
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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.
- Property Type:
- Residential Freehold
- Property Sub Type:
- Att/Row/Townhouse
- Home Style:
- 2-Storey
- Total Approx Floor Area:
- 1500-2000
- Lot Depth:
- 100'30.5 m
- Lot Frontage:
- 16'4.88 m
- Direction Faces:
- East
- Bedrooms:
- 3+1
- Bathrooms:
- 3.0
- Water supply:
- Municipal
- Kitchens:
- 3
- Kitchens in Basement:
- 1
- Bedrooms Above Grade:
- 3
- Bedrooms Below Grade:
- 1
- Kitchens Above Grade:
- 2
- Rooms Above Grade:
- 7
- Rooms Below Grade:
- 2
- Fractional Ownership:
- No
- Assignment:
- No
- Heating type:
- Forced Air
- Heating Fuel:
- Gas
- Foundation:
- Concrete Block, Concrete
- Roof:
- Asphalt Shingle, Membrane
- Basement:
- Apartment, Full, Finished with Walk-Out, Separate Entrance, Walk-Up
- Fireplace/Stove:
- No
- Garage:
- None
- Garage Spaces:
- 0.0
- Parking Spaces:
- 1
- Total Parking Spaces:
- 1.0
- Family Room:
- No
- Possession Details:
- TBA
- Pool:
- None
- HST Applicable To Sale Price:
- Included In
- Assessment Year:
- 2025
- Taxes:
- $3,891 / 2025
- Assessment:
- $- / 2025
- Toronto
- Toronto E01
- Blake-Jones
- Carpet Free, Countertop Range
- Hot water tank furnace service 102.00 per month
- 3 Fridges, 3 Stoves, 3 Microwaves, 3 sets of Laundry
- Stagers Drapery
- Brick, Concrete
- No
- Energy Certification:
- No
- Green Property Information Statement:
- No
- Special Designation:
- Unknown
- Sewers:
- Sewer
- Air Conditioning:
- None
- Central Vacuum:
- No
- Seller Property Info Statement:
- No
- Physically Handicapped-Equipped:
- No
- Laundry Level:
- Main Level
- Date Listed:
- Feb 19, 2026
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Listed by KELLER WILLIAMS ADVANTAGE REALTY
Data was last updated February 19, 2026 at 01:15 PM (UTC)
Area Statistics
- Listings on market:
- 11
- Avg list price:
- $1,139,000
- Min list price:
- $699,000
- Max list price:
- $1,450,000
- Avg days on market:
- 29
- Min days on market:
- 0
- Max days on market:
- 479
These statistics are generated based on the current listing's property type
and located in
Toronto E01. Average values are
derived using median calculations. This data is not produced by the MLS® system.
- Bosley Real Estate
- 1 (416) 322-8000
- Contact by Email
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The data relating to real estate on this website comes in part from the MLS® Reciprocity program of the PropTx MLS®. The data is deemed reliable but is not guaranteed to be accurate.
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