493 Jones Avenue

For Sale
10.79 BTC
493 Jones Avenue, Toronto
493 Jones Avenue
493 Jones Avenue
493 Jones Avenue
493 Jones Avenue
493 Jones Avenue
493 Jones Avenue
493 Jones Avenue
493 Jones Avenue
493 Jones Avenue
493 Jones Avenue
493 Jones Avenue
493 Jones Avenue
493 Jones Avenue
493 Jones Avenue
493 Jones Avenue
493 Jones Avenue
493 Jones Avenue
493 Jones Avenue
493 Jones Avenue
3 + 1
BEDROOMS
3
BATHROOMS
2 + 1
KITCHENS
7 + 2
ROOMS
E12800230
MLSID
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Property 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.
Nearby Intersections
Property Features
Carpet Free, Countertop Range
Property Details
Property Type
Att/Row/Townhouse
Lot Size
16' x 100'
Taxes
$3,891 (2025)
Basement
Apartment, Full, Finished with Walk-Out, Separate Entrance, Walk-Up
Heat Type
Forced Air
Heat Source
Gas
Water
Municipal
Parking Spaces
1
Garage Type
None
Listing contracted with Keller Williams Advantage Realty
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