For Sale - 493 Jones Avenue, Toronto, Ontario

Est payment $4,202/mo
Views   1
Time on Jump  10 day
  • Income-producing property with three self-contained rental units for flexibility.
  • Main floor offers commercial potential and spacious 2-bedroom layout.
  • Bright 1-bedroom upper unit with separate entrances and private deck.
  • Basement unit has separate access and efficient use of space.
  • Convenient laneway parking and close to transit, shops, and parks.



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 IDE13075894
Address493 Jones Avenue
CityToronto, Ontario
Price$875,000
StyleInvestment
TypeIndustrial/Commercial
StatusFor Sale
Subtype InvestmentCommunity Features Public Transit, SubwaysHeating / Cooling Gas Forced Air Open
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Listing Agency:  KELLER WILLIAMS ADVANTAGE REALTY

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493 Jones Avenue
Toronto , Ontario
$875,000
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