CAONToronto493 Jones Ave
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493 Jones Ave, Toronto, ON

House

For Sale

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331

MLS® E13075874

  • Key Facts
  • Description
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Key Facts

Type Attached
Levels Residential
Size -
Garage None
Taxes $3,891
Days Active 0
Lot Size 
Approx. Age 
MLS® Number E13075874

Property Address: 493 Jones Ave, Toronto, ON, M4J3G8

Average square foot calculated using Size range provided by listing agent.

Description

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.Show Description
MLS® NumberE13075874
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageNone
Approx. Age
BasementApartment
DrivewayGarage Type:None
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

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Home Appraisal

This property is estimated to sell between: $875,000 and $1,663,000.
Similar properties in this area sold on average for: $1,400,010
Expect to pay over asking. 65% of similar properties sold for more than the asking price.
Expected to sell in 15 days. Similar properties sold in 15 days. This home has been on eXp Realty for 0 days.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

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493 Jones Ave, Toronto, ON

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