entrance to property with brick siding and board and batten siding Features: brick siding, vertical siding, board batten siding More Photos

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    For Sale - 493 Jones Avenue, Toronto, Ontario

    Est payment $4,317/mo
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    Views   7
    Time on Jump  61 day

    AI Summary *

    • Income-producing property with three self-contained rental units for flexibility.
    • Main floor unit offers potential for commercial or office use.
    • Bright upper unit designed for tenant comfort with private access.
    • Basement suite provides additional rental income with efficient layout.
    • Located near transit, shops, and parks for high rental demand.




    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.
    Listing IDE12800224
    Address493 Jones Avenue
    CityToronto, Ontario
    Price$899,000
    StyleInvestment
    TypeIndustrial/Commercial
    StatusFor Sale

    Subtype InvestmentCommunity Features Public Transit, SubwaysBasement 1Heating / Cooling Gas Forced Air Open

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    Listing Agency:  KELLER WILLIAMS ADVANTAGE REALTY

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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    493 Jones Avenue
    Toronto , Ontario
    $899,000
    Get more info