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MLS® E13173796
Blake-Jones, Toronto, ON
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.
Inclusions
3 Fridges, 3 Stoves, 3 Microwaves, 3 sets of Laundry
Broker
KELLER WILLIAMS ADVANTAGE REALTY
Neighbourhood
Blake-Jones
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Investment
493 Jones Avenue Toronto
Blake-Jones
Type
Investment
Parking
Lane
Property Tax
~$3,891/yr
Heating
Gas Forced Air Open
Buying Essentials
Square Feet
1800 sqft
Parking
Lane
Finances
List Price
$799,000
Price per SQFT
$444/sqft
Property Tax
~$3,891/yr
Property Specs
Property Type
Investment
MLS Size
1800 sqft
Living & Amenities
Heating Type
Gas Forced Air Open
Policies & Utilities
Neighbourhood
Blake-Jones
Listed On
May 26, 2026
Days on Market
Current: 165 days
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