493 Jones Avenue

ActiveRiverdale / Leslieville95 days on marketMLS® E13075894
$875,000
$486 / sq ft
Bedrooms0
Bathrooms0
Interior1,800 sq ft
TypeCommercial
ListingFor Sale
Days on Market95

About this property

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 & finishes

View
Air Conditioning
Basement

Property details

MLS® NumberE13075894
StatusActive
Listing TypeFor Sale
Property TypeCommercial
Interior Size1,800 sq ft
Beds / Baths0 bed · 0 bath
CityRiverdale / Leslieville
Postal CodeM4J 3G8
ProvinceON
Listed DateMay 3, 2026
Days on Market95
Price per Sq Ft$486
BrokerageKELLER WILLIAMS ADVANTAGE REALTY

Location

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Listed by KELLER WILLIAMS ADVANTAGE REALTY