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493 Jones Avenue in Toronto: Blake-Jones Commercial for sale (Toronto E01) : MLS®# E12800224

493 Jones Avenue Toronto M4J 3G8 : Blake-Jones

Main Photo: 493 Jones Avenue in Toronto: Blake-Jones Commercial for sale (Toronto E01)  : MLS®# E12800224banner
$987,300 /For Sale
Prop. Type:
Commercial
MLS® Num:
E12800224
Status:
Active
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:
Commercial
Property Sub Type:
Investment
Freestanding:
No
Total Area:
1650 sq. ft. Square Feet
Total Area:
Switch units of measure1,650 sq. ft.
Lot Depth:
Switch units of measure100'
Lot Frontage:
Switch units of measure16'
Water supply:
Municipal
Zoning:
Residential Commercial
Heating type:
Gas Forced Air Open
Garage:
None
Possession Details:
Vacant any time
HST Applicable To Sale Price:
In Addition To
Assessment Year:
2025
Type Taxes:
Annual
Taxes:
$3,891 / 2025
Assessment:
$- / 2025
Toronto
Toronto E01
Blake-Jones
Public Transit, Subways
Hot Water tank and Furnace 102.00 per month
3 Fridges, 3 Stoves, 3 Microwaves, 3 Laundry Units
Stagers Drapery
Utilities:
Yes
Energy Certification:
No
Green Property Information Statement:
No
Air Conditioning:
No
Seller Property Info Statement:
No
Physically Handicapped-Equipped:
No
Category:
Office
Date Listed:
Feb 19, 2026
Original Price:
Previous Price:
Listed by KELLER WILLIAMS ADVANTAGE REALTY
Data was last updated February 19, 2026 at 11:15 PM (UTC)