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491 JONES AVENUE, Toronto (Blake-Jones) — listed at $878,000. Earn buyer cashback at closing. No catches, just more money in your pocket.
Fantastic Danforth opportunity! Spacious and well-maintained 4-bedroom, 3-bathroom home offering parking, generous living space, and excellent potential for additional income. Ideally located within walking distance to Donlands Station, the Danforth, shops, cafés, restaurants, pubs, parks, schools, groceries, and neighbourhood amenities.The main and second floors feature beautiful hardwood flooring, while the kitchen and basement offer ceramic tile. The updated eat-in kitchen boasts granite countertops, breakfast bar, ceramic backsplash, and stainless-steel appliances, making it ideal for everyday living and entertaining.The main-floor fourth bedroom offers excellent flexibility as a home office, den, or guest room, with a walkout to the backyard. A convenient 2-piece powder room completes the main level.Upstairs are three spacious bedrooms, including a primary bedroom with charming bay window. The second bedroom features a built-in wall unit, while the third bedroom offers a walkout to a private deck with stairs to the backyard.The basement adds valuable flexibility with a separate entrance, two potential bedrooms, 3-piece bathroom, and laundry, offering excellent potential for extended family, additional living space, or rental income.Recent improvements include a brand-new flat roof installed mid-September 2026, new eaves, and updated upper back decking.A rare combination of space, location, flexibility, and income potential in a highly sought-after east-end neighbourhood. Move-in ready and close to everything-don't miss this one! (id:60164)
| Room | Level | Dimensions |
|---|---|---|
| Living room | Main level | 3.17 x 4.74 meters |
| Dining room | Main level | 4.39 x 4.16 meters |
| Kitchen | Main level | 4.56 x 3.05 meters |
| Bedroom 4 | Main level | 3.33 x 3.61 meters |
| Primary Bedroom | Second level | 4.22 x 3.81 meters |
| Bedroom 2 | Second level | 3.51 x 3.53 meters |
| Bedroom 3 | Second level | 3.75 x 3.04 meters |
| Kitchen | Lower level | 1.8 x 1.4 meters |
Could this work as an investment property?+
The basement description mentions: Apartment in basement, Separate entrance, N/A, N/A. If it has a separate entrance, there may be rental income potential — but verify zoning and whether a legal second unit is permitted in Toronto (Blake-Jones) before counting on it.
How is the space laid out across floors?+
This is a 2-storey single family. The 6 bedrooms and 3 bathrooms are typically split with living areas on the main floor and bedrooms above — confirm the exact layout during a showing.
Is 491 JONES AVENUE a good fit for a growing family?+
With 6 bedrooms and 3 bathrooms, there's room for kids plus a guest room or home office. The 2-storey layout keeps living and sleeping areas separated.
Does it have a basement, and is it finished?+
The listing describes the basement as: Apartment in basement, Separate entrance, N/A, N/A. Confirm the finishing status during a showing — it affects both livable space and resale value.
How is the home heated? Is it efficient?+
Heating is forced air, natural gas. Gas heating is generally the most cost-efficient option in Ontario winters.
What are the ongoing costs beyond the mortgage?+
Budget for annual property taxes of $4,427.38, heating is forced air, natural gas. Always verify the latest figures with your agent before making an offer — these change yearly.
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