493 Jones Avenue

493 Jones Avenue
493 Jones Avenue
493 Jones Avenue
+36
3+1
 bed
3
 bath
1
 parking
1500 - 2000
 sqft
Att/Row/Twnhouse
$899,000
For Sale
36 days
 on site
$899,000
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Size
-
Lot size
1600 sqft
Street frontage
-
Possession
Flexible
Price per sqft
$450 - $599
Taxes
$3,891 (2025)
Parking Type
-
Style
2-Storey
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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.
Broker: KELLER WILLIAMS ADVANTAGE REALTY
MLS®#: E12800230
Open House Times
Saturday, Mar 28th
2:00pm - 4:00pm
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Sunday, Mar 29th
2:00pm - 4:00pm
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Property details
Parking:
Yes
Parking type:
-
Property type:
Att/Row/Twnhouse
Heating type:
Forced Air
Style:
2-Storey
MLS Size:
1500-2000 sqft
Lot front:
16 Ft
Lot depth:
100 Ft
Listed on:
Feb 19, 2026
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Instant estimate:
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$17,552
higher than listed price
i
High
$949,603
Mid
$916,552
Low
$876,600
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About 493 Jones Avenue

493 Jones Avenue is a Toronto att/row/twnhouse for sale. It has been listed at $899000 since February 2026. This 1500-2000 sqft att/row/twnhouse has 3+1 beds and 3 bathrooms. 493 Jones Avenue resides in the Toronto Pocket neighbourhood, and nearby areas include Blake-Jones, Greenwood-Coxwell, Riverdale and Little India.

493 Jones Ave, Toronto is only a 6 minute walk from Tim Hortons for that morning caffeine fix and if you're not in the mood to cook, Frecles Fox Restaurant, Domino's and Danforth Dragon Restaurant are near this att/row/twnhouse. For those that love cooking, Masellis Supermarket is only a 3 minute walk.

Living in this Pocket att/row/twnhouse is easy. There is also Jones Ave at Baird Ave Bus Stop, only steps away, with route Jones nearby. For drivers, the closest highway is Don Valley Parkway and is within a few minutes drive from 493 Jones Ave, making it easier to get into and out of the city