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493 Jones Avenue in Toronto: Blake-Jones House for sale (Toronto E01) : MLS®# E12800230

493 Jones Avenue Toronto M4J 3G8 : Blake-Jones

Main Photo: 493 Jones Avenue in Toronto: Blake-Jones House for sale (Toronto E01)  : MLS®# E12800230banner
$987,300
Prop. Type:
Residential Freehold
MLS® Num:
E12800230
Status:
Active
Bedrooms:
3+1
Bathrooms:
3
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:
Residential Freehold
Property Sub Type:
Att/Row/Townhouse
Home Style:
2-Storey
Total Approx Floor Area:
1500-2000
Lot Depth:
Switch units of measure100'
Lot Frontage:
Switch units of measure16'
Direction Faces:
East
Bedrooms:
3+1
Bathrooms:
3.0
Water supply:
Municipal
Kitchens:
3
Kitchens in Basement:
1
Bedrooms Above Grade:
3
Bedrooms Below Grade:
1
Kitchens Above Grade:
2
Rooms Above Grade:
7
Rooms Below Grade:
2
Fractional Ownership:
No
Assignment:
No
Heating type:
Forced Air
Heating Fuel:
Gas
Foundation:
Concrete Block, Concrete
Roof:
Asphalt Shingle, Membrane
Basement:
Apartment, Full, Finished with Walk-Out, Separate Entrance, Walk-Up
Fireplace/Stove:
No
Garage:
None
Garage Spaces:
0.0
Parking Spaces:
1
Total Parking Spaces:
1.0
Family Room:
No
Possession Details:
TBA
Pool:
None
HST Applicable To Sale Price:
Included In
Assessment Year:
2025
Taxes:
$3,891 / 2025
Assessment:
$- / 2025
Toronto
Toronto E01
Blake-Jones
Carpet Free, Countertop Range
Hot water tank furnace service 102.00 per month
3 Fridges, 3 Stoves, 3 Microwaves, 3 sets of Laundry
Stagers Drapery
Brick, Concrete
No
Energy Certification:
No
Green Property Information Statement:
No
Special Designation:
Unknown
Sewers:
Sewer
Air Conditioning:
None
Central Vacuum:
No
Seller Property Info Statement:
No
Physically Handicapped-Equipped:
No
Laundry Level:
Main Level
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)