493 Jones Avenue, Toronto E01, ON M4J 3G8
Toronto E01
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.
Estimate only - excludes property tax, condo fees, utilities and home insurance. Rates vary by lender and term; based on semi-annual compounding.
Walkability, transit, and bike-friendliness for 493 Jones Avenue, Toronto E01, ON M4J 3G8
Provided by Walk Score®. Walk Score, Transit Score, and Bike Score are trademarks of Walk Score.
MLS# E13173828
Listed by KELLER WILLIAMS ADVANTAGE REALTY
On market since May 26, 2026
493 Jones Avenue, Toronto E01, ON M4J 3G8 is listed for $799,000 CAD.
493 Jones Avenue, Toronto E01, ON M4J 3G8 has 4 bedrooms and 3 bathrooms.
493 Jones Avenue, Toronto E01, ON M4J 3G8 is a Att/Row/Townhouse.
493 Jones Avenue, Toronto E01, ON M4J 3G8 is in Toronto E01, Ontario.
493 Jones Avenue, Toronto E01, ON M4J 3G8 is currently for sale.
Contact Michael Mezheritsky to arrange a private showing of 493 Jones Avenue, Toronto E01, ON M4J 3G8 (MLS# E13173828). You can also send a message through the contact form on this site.
