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.
Features
- Facing: East

- Bedrooms: 3

- Bathrooms: 3

- Garages:

- Kitchens: 2

Details
- Lot size: 16.00 x 100.00 Feet

- Space: 1500-2000

- Tax: $ 3891.00

- E12800230

- Listing contracted with: KELLER WILLIAMS ADVANTAGE REALTY
| Bathroom | Pieces | Level | |
|---|---|---|---|
| 1xBath | 4 pcs | Main |
|
| 1xBath | 4 pcs | Second |
|
| 1xBath | 4 pcs | Lower |
Property Summary
Located close to the intersection of Danforth and Jones, 493 Jones Ave is a 3+1 bedrooms 3 washrooms Freehold Townhouse. The property basement is not finished. The property has many nice features including Countertop Range and Carpet Free. .School Information
Elementary Schools
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Home schoolRank: 476 out of 3022 (Score: 7.7)Distance to school: 0.6 km (~11 min walk)
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Home schoolDistance to school: 0.2 km (~3 min walk)
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HOLY NAME (Grade: JK - 7)
Catholic French Immersion school
Rank: 687 out of 3022 (Score: 7.3)Distance to school: 0.7 km (~12 min walk) -
ST JOHN TORONTO (Grade: 5 - 8)
Catholic French Immersion school
Distance to school: 3.6 km (~11 min drive) -
ST AGATHA (Grade: 8 - 8)
Catholic French Immersion school
Rank: 1934 out of 3022 (Score: 5.5)Distance to school: 10.2 km (~31 min drive) Secondary Schools
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Home schoolRank: 41/746 (Score: 8.6) 5 year average: 69/746 (Score: 7.8)Distance to school: 0.8 km (~15 min walk)
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Notre Dame (Grade: 9-12)
Catholic French Immersion school
Rank: 41/746 (Score: 8.6) 5 year average: 90/746 (Score: 7.7)Distance to school: 3.7 km (~11 min drive) -
st. Patrick (Grade: 9-12)
Catholic AP program school
Rank: 244/746 (Score: 6.9) 5 year average: 222/746 (Score: 6.8)Distance to school: 0.9 km (~16 min walk)















































