REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Tony & Ledi Real Estate Team

info@tonyledi.com +1(647) 493-3579

$ 899,000

Est. payment | -/mo

4 Beds

3 Baths

Save Virtual Tour

$ 899,000

Est. payment | -/mo

Save Virtual Tour

4 Beds

3 Baths

Key Details

Property Type Condo, Townhouse

Sub Type Att/Row/Townhouse

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1500-2000

Municipality Toronto E01

Subdivision Blake-Jones

MLS Listing ID E12800230

Style 2-Storey

Bedrooms 4

Annual Tax Amount $3,891

Tax Year 2025

Property Sub-Type Att/Row/Townhouse

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.

Location

Province ON

County Toronto

Community Toronto E01

Area Toronto

Rooms

Family Room No

Basement Apartment, Full, Finished with Walk-Out, Separate Entrance, Walk-Up

Kitchen 3

Separate Den/Office 1

Interior

Interior Features Carpet Free, Countertop Range

Cooling None

Inclusions 3 Fridges, 3 Stoves, 3 Microwaves, 3 sets of Laundry

Exterior

Pool None

Roof Type Asphalt Shingle,Membrane

Lot Frontage 16.0

Lot Depth 100.0

Total Parking Spaces 1

Building

Foundation Concrete Block, Concrete

Others

Senior Community No

ParcelsYN Yes

Virtual Tour https://unbranded.youriguide.com/493_jones_ave_toronto_on/

Listed by KELLER WILLIAMS ADVANTAGE REALTY

Schools and Properties Nearby

Find out why customers are choosing LPT Realty to meet their real estate needs

+1(647) 493-3579

info@tonyledi.com

CAN

Learn More About LPT Realty

493 Jones AVE Toronto E01, ON M4J 3G8