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

Vikas Palan Sales Representative Homelife Super Stars Real Estate LTD

Call Now: 416-939-2500 Email: vikas@vikaspalan.com

493 Jones Avenue, Toronto, ON M4J 3G8

$799,000 For Sale
  • Sale
  • Investment
  • 32 days ago
  • Updated: 2026-06-26

Property Overview

Property Type
Investment
Bedrooms
Bathrooms
3
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

  • E13173796
  • Lane/1
  • $799,000
  • Vacant
  • 1800 Square Feet
  • 100 x 16 Feet
  • N/A SquareFeet
  • N/A
  • Investment
  • Sale

Additional Details

  • Gas Forced Air Open /
  • Commercial Residential
  • $3891
  • 2026
  • PT LT 2 PL 443E TORONTO AS IN CT870850; T/W CT870850; CITY OF TORONTO
  • N/A
  • N
  • No
  • Municipal

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FAQ
  • What is the total square footage of the e13173796 - 493 Jones Avenue, Toronto, ON M4J 3G8?

    The total square footage of this property is Unknown.

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