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    For Sale - 493 Jones Avenue, Toronto, Ontario

    Est payment $3,837/mo
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    Views   3
    Time on Jump  35 day

    AI Summary *

    • Income-producing property in the desirable Jones & Danforth neighbourhood.
    • Three self-contained units with multiple entrances for privacy and flexibility.
    • Spacious main floor could accommodate commercial use for additional income.
    • Bright upper unit and efficient basement suite attract potential tenants.
    • Convenient laneway parking and prime location near transit and amenities.




    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 IDE13173828
    Address493 Jones Avenue
    CityToronto, Ontario
    Price$799,000
    Bed / Bath4 / 3 Full
    Style2-Storey, Att/Row/Townhouse
    ConstructionAluminum Siding, Brick
    TypeResidential
    StatusFor Sale

    Subtype Att/Row/TownhouseIndoor Features Carpet FreeOwnership FreeholdBasement Apartment, Separate EntranceFoundation Concrete BlockHeating / Cooling Forced AirHeating Fuel GasSewer Sewer

    Parking 1.00
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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
    4 3 $799,000
    Get more info