For Sale

493 Jones Avenue, Toronto E01, Ontario M4J 3G8

$987,300

493 Jones Avenue, Toronto E01, Ontario M4J 3G8 is For Sale and has a listing price of 987,300. The property is located in the Toronto E01 . It's been on the website for 1 Day.

  • 4
    Bedrooms
  • 3
    Bathrooms
  • MLS ID: E12800230
  • Office Name KELLER WILLIAMS ADVANTAGE REALTY
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.

Property Details
  • Property Type: All Houses
  • Listing Type: For Sale
  • Listing ID: E12800230
  • Price: $987,300
  • Year Built: 0
  • Lot Area: 0 Sqft
  • Lot Depth: 100
  • Ref ID: E12800230
  • Approx Sqft: 1500-2000
  • Dir / Cross St: Danforth and Jones
  • Status: Active
  • Tax Year: 2025
  • Property Sub Category: Att/row/twnhouse
Price History
List Date MLS ID List Price Status End Date Closed Price
02/19/2026 E12800224 $987,300 For Sale - -
02/19/2026 E12800230 $987,300 For Sale - -
02/11/2026 E12777760 $989,000 For Sale - -
02/10/2026 E12775792 $989,000 For Sale 02/19/2026 -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Toronto E01
  • $1,179,322 Average List Price
    based on 1 year
  • 215 New Listings
    based on 30 days
  • 29 Median Days on Market
    based on 1 year
  • List vs. Selling Price 151.75 % Up
  • Sold (12mo) 305
  • Rented (12mo) 298

  • 1 Month Change -
  • 3 Month Change -
  • 6 Month Change -
Walkscore
  • 4 Walk Score
    Car-Dependent
Additional Details
  • Heat Type Forced Air
  • Heat Source Gas
  • Style 2-storey
  • Washroom Type1: 1
  • Garage Type Y
  • Parking Spaces: 1
  • Exterior Brick, Concrete
  • Kitchen 3
  • Washrooms Type 1 # Pcs: 4
  • Washrooms Type 2 # Pcs: 4
  • Washrooms Type 3 # Pcs: 4
  • Washrooms Type 2: 1
  • Washrooms Type 3: 1
  • Taxes: $3,891
  • Last Status New
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: TBA
  • Listing Entry Date: 19/02/2026 01:07:49
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