This is an income producing complex with 3 self contained units all 3 have 2 enter exits. Main through front and back door, basement through back and main unit 7 foot basement in most of basement and upper has front and back door off the back deck. Central Jones Danforth location. Donlands subway. This has Commercial component for main floor if needed for office or many uses. High rent area due to location and units presentations. Would potentially have a cap rate of 4.8% or greater!!!
Address
493 Jones Avenue
List Price
$989,000
MLS® Status
New
Expiration Date
2026-05-28
Property Type
Commercial
Type of Dwelling
Investment
Transaction Type
Sale
Area
Toronto E01
Sub-Area
Blake-Jones
Region
Toronto
Lot Size Source
MPAC
Lot Depth
100
Lot Type
Building
Lot Size Units
Feet
Lot Width
16
Parcel Number
210470816
Total Building Area
1650
Occupant Type
Vacant
Cross Street
Danforth and Jones
MLS® Number
E12777760
Listing Brokerage
KELLER WILLIAMS ADVANTAGE REALTY
Basement
Yes
Postal Code
M4J 3G8
Posession Details
TBD
Parking Spaces
1
Tax Amount
$3,891.00
Tax Year
2025
Site Influences
Public Transit, Subways
Community Features
Public Transit, Subways
Standard Status
Active
Board Or Association
Toronto Regional Real Estate Board
Heat Type
Gas Forced Air Open
Cooling Features
No
Garage Type
None
Tax Legal Description
PT LT 2 PL 443E TORONTO AS IN CT870850; T/W CT870850; CITY OF TORONTO
Security Features
No