
493 Jones Avenue
Blake-Jones
Toronto
M4J 3G8
$987,300 /For Sale
Commercial
- Status:
- Active
- Prop. Type:
- Commercial
- MLS® Num:
- E12800224
- Photos (40)
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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.
- Property Type:
- Commercial
- Property Sub Type:
- Investment
- Freestanding:
- No
- Total Area:
- 1650 sq. ft. Square Feet
- Total Area:
- 1,650 sq. ft.153 m2
- Lot Depth:
- 100′30.5 m
- Lot Frontage:
- 16′4.88 m
- Water supply:
- Municipal
- Zoning:
- Residential Commercial
- Heating type:
- Gas Forced Air Open
- Garage:
- None
- Possession Details:
- Vacant any time
- HST Applicable To Sale Price:
- In Addition To
- Assessment Year:
- 2025
- Type Taxes:
- Annual
- Taxes:
- $3,891 / 2025
- Assessment:
- $- / 2025
- Toronto
- Toronto E01
- Blake-Jones
- Public Transit, Subways
- Hot Water tank and Furnace 102.00 per month
- 3 Fridges, 3 Stoves, 3 Microwaves, 3 Laundry Units
- Stagers Drapery
- Utilities:
- Yes
- Energy Certification:
- No
- Green Property Information Statement:
- No
- Air Conditioning:
- No
- Seller Property Info Statement:
- No
- Physically Handicapped-Equipped:
- No
- Category:
- Office
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Listed by KELLER WILLIAMS ADVANTAGE REALTY
Data was last updated February 19, 2026 at 01:15 PM (UTC)
- NICK HILL
- NORMAN HILL REALTY INC. [20 CACHET WOODS COURT UNIT 2 MARKHAM,
- 1 (416) 5642921
- Contact by Email
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