493 Jones Avenue, Toronto E01, ON

$799,000
MLS#:E13173828
4 beds
3 baths
1500-2000 sqft
1.0 parking
Residential Freehold
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Description

Property Highlights

Welcome to this remarkable ["2-Storey"] att/row/townhouse located in the coveted neighborhood of Blake-Jones. Expertly crafted featuring premium aluminum siding and brick construction, this residence presents an exceptional opportunity offered at $799,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 4 Bedrooms and 3 Bathrooms with 3 functional kitchens
  • Generous living space spanning 1500-2000 sqft on a premium 16 x 100 ft lot
  • Features a ["apartment", "separate entrance"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 1.0 total parking spaces available
  • Notable attributes: Carpet Free
  • equipped with ["none"] central cooling and highly efficient forced air heating via gas

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.

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Key Features

Bedrooms
4
Bathrooms
3
Kitchens
3
Living Area
1500-2000 sqft
Property Type
Residential Freehold

Additional Details

StatusActive
Listed Date5/26/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeAtt/Row/Townhouse
ConstructionAluminum Siding, Brick
Lot Size16 × 100 Feet
CountyToronto
Annual Tax$3,891
Legal DescriptionPT LT 2 PL 443E TORONTO AS IN CT870850; T/W CT870850; CITY OF TORONTO

Parking & Garage

Parking Spaces1.0
Garage Spaces1
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
Cooling["None"]

Features

Property Features

Community Features

Location

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493 Jones Avenue, Toronto E01, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 493 Jones Avenue, Toronto E01, ON M4J 3G8

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Financial Audit

Estimated Costs

Loan Amount$639,200
Monthly Mortgage$3,714
Property Tax (Est.)$324
Utilities & Maint.$350
Total Monthly Cost$4,388

Nearby School Rankings

No schools found within 3 km of this property.

Within 2km radiusFraser Institute Ratings

Nearby Listings

Distance:

No current listings found in Toronto E01.

City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Blake Jones, Toronto E01.

Verified Local Data
City Population2,794,356
City Median Age39.2 Yrs
City Ownership48% Owners
Avg Area List Price$1,156,233

People & Families

Age Distribution

Household Composition

One-person households
32%
Families with children
36%
Couples without children
24%
Other households
8%

Top Ethnic Origins

Chinese11%
English9%
Canadian8%
East Indian8%

Local Schools Guide

Elementary Schools

Blake Street
Public21 Boultbee Avenue, Toronto, Ontario, M4J 1A7
5.8
Wilkinson
Public53 Donlands Avenue, East York, Toronto, Ontario, M4J 3N7
7.7
Holy Name
Public690 Carlaw Avenue, East York, Toronto, Ontario, M4K 3K9
5.7
Allenby
PublicDanforth Avenue, East York, Toronto, Ontario, M4J 5B5
8.7
Frankland
Public816 Logan Avenue, East York, Toronto, Ontario, M4K 3E1
6.3

Secondary Schools

Riverdale
Public1094 Gerrard Street East, Toronto, Ontario, M4M 2A1
8.7
Danforth
Public800 Greenwood Avenue, East York, Toronto, Ontario, M4J 4B7
5.8
St. Patrick
Catholic49 Felstead Avenue, East York, Toronto, Ontario, M4J 1G3
7.1
Monarch Park
Public1 Hanson Street, East York, Toronto, Ontario, M4J 1G6
8.0

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied48%
Rented52%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.