491 Jones Avenue
Toronto E01, ON
- 6 bed
- 3 bath
- approx. 1500-2000 sqft
- Att/Row/Townhouse
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!
Virtual Tour
Virtual Tour Available
Listing Details
- Taxes (2026)
- $4,427
- Originally Listed
- $849,000
- Listed
- August 18, 2026
Price History
Property
- Style
- 2-Storey
- Construction
- Vinyl Siding, Brick Front
- Roof
- Asphalt Rolled, Asphalt Shingle, Membrane
- Foundation
- Block, Concrete
- Interior
- Carpet Free
- Lot Size
- 15.7 x 100 Feet
Parking
- Garage
- Carport
- Covered Spaces
- 1
- Total Parking
- 1
Utilities
- Sewer
- Sewer
- Heat Source
- Gas
Location & Legal
- Cross Street
- Danforth /Strathcona
- Parcel Number
- 210470815
- Possession
- Flexible
- Occupancy
- Vacant
Included
- Inclusions
- Stainless Steel Fridge, Stove, Exhaust Hood, Dishwasher, Microwave. Lower level Stainless Steel Fridge, White Microwave. Stacking Washer Dryer. Front hall bench and main bedroom shelving as well as middle bedroom wall closet
- Exclusions
- all window coverings and rods they belong to stager
- Rental Items
- Hot water tank $24.00 Furnace $66.00
Schools
Elementary
- Earl Grey Senior Public School0.2 km
Public · Toronto DSB · 415 students
- Kapapamahchakwew - Wandering Spirit Scho Junior Senior0.3 km
Public · Toronto DSB · 110 students
Grade 6 math: 9% met the provincial standard
- ÉÉC du Bon-Berger0.5 km
French Catholic · CS catholique MonAvenir · 100 students
Secondary
- Kapapamahchakwew - Wandering Spirit Scho0.3 km
Public · Toronto DSB
- Subway Academy I0.3 km
Public · Toronto DSB
- Riverdale Collegiate Institute0.8 km
Public · Toronto DSB · 1600 students
Grade 10 literacy: 95% met the provincial standard
Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.
Community
Postal area M4J
- Population
- 35,128
- Private dwellings
- 15,338
- Median age
- 42
- Average household size
- 2.4
- Median household income
- $93,000
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Residential Freehold in Toronto E01 · last 12 months
- Median sold price
- $1,160,000
- Homes sold
- 696
- Median days on market
- 9
- Sale-to-list price
- 106.2%
Based on 696 recorded sales of residential freehold properties in Toronto E01 over the last 12 months.
Rooms
2-piece on Main, 4-piece on Second, 3-piece on Lower
Second
- Bedroom 211'6" x 11'7"
- Bedroom 312'4" x 10'
- Primary Bedroom13'10" x 12'6"
Main
- Bedroom 410'11" x 11'10"
- Dining Room14'5" x 13'8"
- Kitchen15' x 10'
- Living Room10'5" x 15'7"
Lower
- Common Room13'3" x 15'1"
- Kitchen5'11" x 4'7"
Listed by
KELLER WILLIAMS ADVANTAGE REALTY
Walk Score
Walk Score is unavailable for this address right now.
Location
Street View
Mortgage Calculator
$175,600
Estimated Monthly Payment
$4,313
Land transfer tax
Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $4,313/mo (20% down, 5.5%)
Taxes: $369/mo · Insurance: $220/mo
Estimates only. Consult a financial advisor.
Reita | Assistant
Online
Reita is an automated assistant, not a licensed real estate agent. I can help you explore neighbourhoods, understand the market, and find our free tools. What are you looking for?