493 Jones Avenue, Toronto, Ontario M4J 3G8

Listed for:
$799,000
4 beds
3 baths
Listed 2 days ago
Row / Townhouse for rent: 493 Jones Avenue, Toronto, Ontario M4J 3G8

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About

Cross Streets: Jones and Danforth. ** Directions: Across from School. 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:27476)

Property Highlights

MLS® Number
E13173828
Type
Single Family
Community Name
Blake-Jones
Ownership Type
Freehold
Land Size
16 x 100 FT
Parking Space Total
1

Building

Building Type
Row / Townhouse
Storeys
2.00
Square Footage
1500 - 2000 sqft
Bathrooms Total
3
Bedrooms Above Ground
3
Bedrooms Total
4
Exterior Finish
Aluminum siding, Brick
Fireplace Present
No
Basement Type
N/A, N/A
Basement Features
Apartment in basement, Separate entrance
Building Heating Type
Forced air
Heating Fuel
Natural gas
Building Cooling Type
None

Utilities

Water
Municipal water
Utility Sewer
Sanitary sewer

Location

Learn more about this property
Listing provided by:
KELLER WILLIAMS ADVANTAGE REALTY
MLS® number:
E13173828
Agent:
Candace Kaszas
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Street Spotlight - For sale