493 JONES AVENUE, Toronto (blake-jones), ON M4J3G8
493 JONES AVENUE, Toronto (blake-jones), ON M4J3G8
493 JONES AVENUE, Toronto (blake-jones), ON M4J3G8
493 JONES AVENUE, Toronto (blake-jones), ON M4J3G8
493 JONES AVENUE, Toronto (blake-jones), ON M4J3G8
493 JONES AVENUE, Toronto (blake-jones), ON M4J3G8
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Tony & Ledi Real Estate Team

Tony & Ledi Real Estate Team

+1(647) 493-3579
$ 899,000
Est. payment | /mo

4 Beds

3 Baths

1,500 SqFt


$ 899,000
Est. payment | /mo

4 Beds

3 Baths

1,500 SqFt

Key Details

Property Type Single Family Home, Townhouse

Sub Type Townhouse

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1500 - 2000

Square Footage 1,500 sqft

Price per Sqft $599

Subdivision Blake-Jones

MLS® Listing ID E12800230

Bedrooms 4

Property Sub-Type 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. (id:24570)

Location

Province ON

Rooms

Kitchen 0.0

Interior

Heating Forced air

Cooling None

Exterior

Parking Features No

View Y/N No

Attached Garage No

Total Parking Spaces 1

Garage No

Private Pool No

Building

Story 2

Sewer Sanitary sewer

Others

Ownership Freehold

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493 JONES AVENUE