$899,000.00

493 JONES AVENUE, Toronto (Blake-Jones), Ontario, M4J3G8, Canada Listing ID: E12800230
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Bathrooms Bedrooms Property Type
3 4 Single Family

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. (id:31565)

Paul McDonald, Sales Representative
Paul McDonald is no stranger to the Toronto real estate market. With over 23 years experience and having dealt with every aspect of the business from simple house purchases to condo developments, you can feel confident in his ability to get the job done.
Book appointment/showing: 493 JONES AVENUE (E12800230)
Additional Information
Amenity Near By
Features Carpet Free
Maintenance Fee
Maintenance Fee Payment Unit
Management Company
Ownership Freehold
Parking
  • Name - No Garage
Transaction For sale
Building
Bathroom Total 3
Bedrooms Total 4
Bedrooms Above Ground 3
Bedrooms Below Ground 1
Appliances Range, Microwave, Stove, Refrigerator
Basement Development Finished
Basement Features Apartment in basement, Walk out, Separate entrance, Walk-up
Basement Type N/A, Full, N/A (Finished), N/A, N/A
Construction Style Attachment Attached
Cooling Type None
Exterior Finish Brick, Concrete
Fireplace Present
Foundation Type Block, Concrete
Heating Fuel Natural gas
Heating Type Forced air
Size Interior 1500 - 2000 sqft
Stories Total 2
Type Row / Townhouse
Utility Water Municipal water
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