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$987,300
Available - For Sale
Listing ID: E12800230
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.
Price $987,300
Taxes: $3,891
Assessment Year: 2025
Occupancy by: Vacant
Address: 493 Jones Avenue , Toronto, M4J 3G8, Toronto
Directions/Cross Streets: Danforth and Jones
Rooms: 7
Rooms +: 2
Bedrooms: 3
Bedrooms +: 1
Washrooms: 3
Family Room: F
Basement: Apartment
Full
No. of Pieces Level
Washroom 1:  4 Main
Washroom 2:  4 Second
Washroom 3:  4 Lower
Washroom 4:  0
Washroom 5:  0
Property Type: Att/Row/Townhouse
Style: 2-Storey
Exterior: Brick
Concrete
Garage Type: None
Drive Parking Spaces: 1
Pool: None
Approximatly Square Footage: 1500-2000
CAC Included: N
Water Included: N
Cabel TV Included: N
Common Elements Included: N
Heat Included: N
Parking Included: N
Condo Tax Included: N
Building Insurance Included: N
Fireplace/Stove: N
Heat Type: Forced Air
Central Air Conditioning: None
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Sewers: Sewer
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KELLER WILLIAMS ADVANTAGE REALTY

493 Jones Avenue , Toronto, M4J 3G8, Toronto


 
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Type: Freehold - Att/Row/Townhouse
Area: Toronto
Municipality: Toronto E01
Neighbourhood: Blake-Jones
Style: 2-Storey
Lot Size: x 100.00(Feet)
Approximate Age:
Tax: $3,891
Maintenance Fee: $0
Beds: 3+1
Baths: 3
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
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Your Company Name, Brokerage
Independently owned and operated.
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