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493 Jones Avenue, Toronto, ON M4J 3G8

Toronto E01, ON, M4J 3G8 · Blake-Jones

3 Baths
Sq Ft
1 Parking
Investment Type
E13173796 MLS#

About this property

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.

Features & Amenities

  • Garage: Lane
  • Cooling: No
  • Heat Type: Gas Forced Air Open

Property Details

Property Type Commercial
Property Sub-Type Investment
Bathrooms 3
Garage Lane
Parking Spaces 1
Heat Type Gas Forced Air Open
Cooling No
Annual Tax $3,891
Tax Year 2026

Building & Construction

Building Area Total
1800

Heating & Cooling

Heat Type
Gas Forced Air Open
Cooling
No

Parking & Garage

Garage Type
Lane
Parking Spaces
1

Lot & Land

Lot Size Units
Feet
Lot Depth
100.00
Lot Width
16.00

Financial & Tax

Tax Annual Amount
$3,891
Tax Year
2026
Possession Type
Flexible
Possession Details
Vacant anytime

Utilities & Services

Utilities
Yes

Additional Details

Occupant Type
Vacant
County Or Parish
Toronto
Cross Street
Danforth and Jones
Directions
South of Danforth
Showing Requirements
Lockbox, Showing System

Location

493 Jones Avenue, Toronto, ON M4J 3G8, Toronto E01, ON, M4J 3G8

Listing courtesy of KELLER WILLIAMS ADVANTAGE REALTY
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