368-3689910_homelife-bayside-realty-ltd-brokerage

Vikas Palan Sales Representative Homelife Super Stars Real Estate LTD

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493 Jones Avenue, Toronto E01, ON M4J 3G8

$875,000 For Sale
  • Sale
  • Investment
  • 9 days ago
  • Updated: 2026-05-03

Property Overview

Property Type
Investment
Bedrooms
Bathrooms
0
Garage
Lane/1
Size
1800 Square Feet
Age
N/A
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.

Key Details

  • E13075894
  • Lane/1
  • $875,000
  • Vacant
  • 1800 Square Feet
  • 100 x 16 Feet
  • N/A SquareFeet
  • N/A
  • Investment
  • Sale

Additional Details

  • Gas Forced Air Open /
  • Residential Commercial
  • $3891
  • 2025
  • PT LT 2 PL 443E TORONTO AS IN CT870850; T/W CT870850; CITY OF TORONTO
  • N/A
  • N
  • No
  • Municipal
Neighbourhood profile DA 35200713 · 2021 Census

Key signals

Owner vs renter

Owner vs renter split.

Median home value

Owner cost / mo

Median rent / mo

Owner : renter

Dwelling types

Bedroom mix

Condition & suitability

Built when?

Homes by decade.

Median HH income

before tax

After-tax HH

median

Median individual

Low-income rate

Income benchmarks

Shelter cost burden (30%+ of income)

Shelter burden.

Education (ages 25-64)

Population

Median age

Avg HH size

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Age groups.

Language at home

Visible minority

Visible minority.

Employment rate

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labour force

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of employed

Full-yr full-time

stable jobs

Commute mode

Commute duration

Commute duration.

Pop. density

per km²

5-yr stability

did not move

Occupied dwellings

Pop. change

since 2016

Pressure index

Pressure indicators.

Neighbourhood mobility (5 yr)

Statistics Canada, 2021 Census, Dissemination Areas (98-401-X2021006).

What's near transit

Subway and bus stops within 1 km · 493 Jones Avenue, Toronto E01, ON M4J 3G8

Donlands Station - Westbound Platform
447 m ~ 6 min walk
Gerrard St East at Jones Ave
306Carlton
887 m ~ 12 min walk
Gerrard St East at Jones Ave
506Carlton
887 m ~ 12 min walk
Jones Ave at Baird Ave
83Jones
32 m ~ 1 min walk
Jones Ave at Strathcona Ave
325Don Mills
38 m ~ 1 min walk
Danforth Ave at Jones Ave
300Bloor-Danforth
335 m ~ 5 min walk
Danforth Ave at Donlands Ave
51Leslie
419 m ~ 6 min walk
Pape Ave at Wroxeter Ave
72Pape
422 m ~ 6 min walk
Greenwood Ave at Felstead Ave
31Greenwood
624 m ~ 8 min walk

Neighbourhood Profile

Blake-Jones
Toronto neighbourhood · 2021 census
7.9 / 10
$86K
Median income
40.4 yrs
Median age
$1.2M
Median home value
46%
Renters
Transit
32.6%
Car
47.2%
Walk / bike
17.1%
$940/mo
Median rent
29%
Renters 30%+ on shelter
🌳Park 🛝Playground 📚Library 🚔Police station 🚇Subway / light rail 🚌Bus / streetcar 🏥Hospital 🩺Clinic / GP 🏡Long-term care
● within approx. 3 km
Data: Statistics Canada 2021 Census · EQAO 2023-2024 · City of Toronto open data

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FAQ
  • What is the total square footage of the e13075894 - 493 Jones Avenue, Toronto E01, ON M4J 3G8?

    The total square footage of this property is Unknown.

  • What schools near to e13075894 - 493 Jones Avenue, Toronto E01, ON M4J 3G8?

    The nearest schools are Earl Grey Senior Public School for elementary and First Nations School of Toronto for secondary.

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