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Caledon, King, Toronto, New Tecumseth & Orangeville(437) 228-3434
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MLS® E13686414For SaleFreehold Townhouse

491 Jones Ave

Blake-Jones, Toronto, Ontario M4J 3G8

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491 Jones Ave, Toronto, photo 1
Asking$878,000
Bedrooms
4+2
Bathrooms
3
Size
1,500–2,000sq ft
Per sq ft
$502at the range’s middle
Lot
15.7 x 100 ft
Tax a year
$4,4272026 tax year
Parking
11 carport
Days on market
Members

The brief

About 491 Jones Ave

491 Jones Ave is a 4+2-bedroom, 3-bathroom freehold townhouse in Blake-Jones, Toronto, listed for sale at an asking price of $878,000 (MLS® E13686414).

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!

Insights

  • Condition Score

    Good

    1 documented update signal

    Source: Listing age, structured features and disclosed update language; not an inspection.

  • Cashflow Quality

    Strong

    +$1,625/mo against the cost of owning (20% down, 4.8%, 25 yrs)

    Source: Median of 60 homes with 6 bedrooms for lease in Toronto right now. Cost of owning counts the mortgage and property tax.

Condition uses listing-record signals, not an inspection.

The home

Key facts

Tax
$4,427 / 2026
MLS® number
E13686414
Board
TRREB MLS®
Property Type
Att/Row/Twnhouse
Days on market
Size
1500-2000 sqft
Lot Size
15.7 x 100 ft
Listed on
Parking
1 Carport, 1 Parking
Listing brokerage: KELLER WILLIAMS ADVANTAGE REALTYData source: TRREB MLS®Information deemed reliable but not guaranteed. Contained information is subject to errors, omissions, and changes without notice. Information should be independently verified.

Property details

Property

Property Type
Att/Row/Twnhouse
Style
2-Storey
Community
Blake-Jones
Municipality
Toronto

Building

Size
1500-2000 sqft
Construction
Vinyl Siding

Inside

Bedrooms
4+2
Bathrooms
3
Bathroom Details
1 × 2pc Main, 1 × 4pc 2nd, 1 × 3pc Lower
Basement Type
Separate Entrance
Kitchens
1

Parking

Driveway
Lane
Garage Type
Carport
Garage
1
Additional Parking
0
Total Parking
1

Utilities

Water
Municipal
Cooling
Central Air
Heating Type
Forced Air

Land

Sewer
Sewers
Frontage
15.7 ft
Depth
100 ft
Lot Size
15.7 x 100 ft

Additional

Foundation
Block, Concrete
Roof
Asphalt Rolled, Asphalt Shingle, Membrane
Fireplace
Yes
Pool
None
Den
Yes
Family room
Yes
Extras
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

Rooms

RoomSizeFeaturesLevel
Living4.74 × 3.17 mhardwood floor, Open Concept, Combined W/DiningMain
Dining4.16 × 4.39 mhardwood floor, Fireplace, 2 Pc BathMain
Kitchen3.05 × 4.56 mTile Floor, Breakfast Bar, Breakfast AreaMain
4th Br3.61 × 3.33 mhardwood floor, Walk-OutMain
Primary3.81 × 4.22 mhardwood floor, Large Closet, Bay Window2nd
2nd Br3.53 × 3.51 mhardwood floor, His/Hers Closets, Window2nd
3rd Br3.04 × 3.75 mhardwood floor, Closet, Walk-Out2nd
Kitchen1.4 × 1.8 mLaminate, Stainless Steel SinkLower
Common Rm4.6 × 4.03 mLaminate, 3 Pc BathLower
Room 102.54 × 3.98 mLaminateLower
Room 113.31 × 2.82 mLaminateLower

Listing history

Buy/sell history for 491 Jones Ave, Toronto, Ontario

Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.

Date StartDate EndList PricePriceEventListing ID
Date StartN/AN/A$878,000N/APcE13686414

Members see the full history. Prices are hidden from signed-out visitors.

The numbers

Mortgage Calculator

Plan with the current asking price

20% · $175,600

CMHC insurance: not required at 20% down. Payments use Canadian semi-annual compounding.

Mortgage Details

4.8% · 5-year term · 25-year amortization · 20% down

Total down payment
$175,600
Total mortgage amount
$702,400
Total interest payment
$499,400
Total purchase cost
$1,377,400
Mortgage payment
$4,006/mo

Cash Flow Analysis

If you rented this home out at 20% down

Break-even down payment

—

Monthly carrying cost

$4,375
$1,625per month
  • Carrying cost $4,375
  • Surplus $1,625

Rental income opens at $6,000, the median asking rent of 60 comparable homes for lease in Toronto. Type over it with the rent you expect. This is a planning tool, not advice.

Land transfer tax on this home

Ontario land transfer tax
$14,035
Toronto municipal land transfer tax
$14,035
Total land transfer tax
$28,070
First-time buyer rebates (Ontario up to $4,000 + Toronto up to $4,475)
−$8,475
Total for first-time buyers
$19,595
See how this is worked out
0.5% on the first $55,000
$275
1.0% from $55,000 to $250,000
$1,950
1.5% from $250,000 to $400,000
$2,250
2.0% from $400,000 to $878,000
$9,560
Ontario total
$14,035

Toronto’s municipal tax uses the same brackets at this price, so it adds another $14,035.

An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.

Estimate

Estimated value requires sign in

Market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.

The estimate is an automated value built from public and MLS® data. It is not an appraisal; ask Kassaundra Dobson, Broker of Record for a full comparative market analysis.

Comparable sales

Comparable sales require sign in

Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.

The land

Lot

Lot area
1,570 sq ft146 m²
Street frontage
15.7 ft4.8 m
Depth
100 ft30.5 m
15.7 × 100 ftJONES AVE

The area is the frontage multiplied by the depth, so boundaries are approximate. Confirm with a survey before you buy.

Source: the MLS® listing record, measured by MPAC.

Land and environment

Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.

17 records · 9 on fileRead 2026-11-04
250 m500 m1 km2 kmBeyond · area-wideNot in Toronto and Region Conservation Authority’s mapped regulated areaNo mapped wetland within 120 mNo water-supply well recorded within 250 mGroundwater recorded about 3.3 m below ground nearbyOutside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasMapped parcel: about 1,590 sq ft70 building permits issued within 250 m in the last 2 yearsNearest airport: 6.4 kmNearest rail line: 540 mA trail on the Ontario trail network within 1 kmNo licensed pit or quarry within 2 kmNo recorded oil, gas or salt well within 250 mNo facility within 1 km reports pollutant releases to Environment CanadaNo federal contaminated site within 1 kmElectricity is distributed here by Toronto Hydro-Electric System LimitedWired internet 50/10 Mbps or faster is listed at this locationAcross the surrounding area: fibre to the home, cable, DSL internet listed
On record Checked, none on record

Water and conservation4

  • Not in Toronto and Region Conservation Authority’s mapped regulated areaAt the address
  • No mapped wetland within 120 m120 m
  • No water-supply well recorded within 250 m1 test or monitoring hole also recorded.250 m
  • Groundwater recorded about 3.3 m below ground nearbyThe middle water level in the well records within 500 m (127 records). It changes with the season and from spot to spot.500 m

Toronto and Region Conservation Authority · Province of Ontario open data

Planning and building activity4

  • Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasAt the address
  • 70 building permits issued within 250 m in the last 2 years250 m
  • Nearest airport: 6.4 km6.4 km
  • Mapped parcel: about 1,590 sq ftMeasured from the municipal parcel map, which can differ from the survey and from the lot size in the listing.At the address

Province of Ontario open data · Municipal building permits · toronto.parcels

Around the home2

  • Nearest rail line: 540 m540 m
  • A trail on the Ontario trail network within 1 km1 km

Province of Ontario open data

Environmental records4

  • No licensed pit or quarry within 2 km2 km
  • No recorded oil, gas or salt well within 250 m250 m
  • No facility within 1 km reports pollutant releases to Environment CanadaThe nearest is City of Toronto — 843 Eastern Avenue, 2.0 km away. Only facilities above the inventory’s reporting thresholds are listed.1 km
  • No federal contaminated site within 1 kmThe federal inventory covers federal land only; it says nothing about provincial or private sites.1 km

Province of Ontario open data · Government of Canada open data

Power and internet3

  • Electricity is distributed here by Toronto Hydro-Electric System LimitedAt the address
  • Wired internet 50/10 Mbps or faster is listed at this locationFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (10 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.At the address
  • Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Beanfield Metroconnect, Bell, CIK Telecom, Dotto One, FibreStream, Rally, Rogers. Cable: Rogers. DSL: Bell. Fixed wireless: Rogers, Routcom, SkyChoice Communications. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.Area-wide

Ontario Energy Board · Innovation, Science and Economic Development Canada

Each record is placed at the distance its own line states. None of it is an inspection of the property. Confirm anything that matters to you with the municipality, Toronto and Region Conservation Authorityor the record’s publisher.

Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario. Contains information licensed under the Open Government Licence – Toronto. Contains information made available under the Toronto and Region Conservation Authority Open Data Licence v1.0.

Heritage and ravine protection

  • Not found on the Heritage Register
  • Not in a mapped Heritage Conservation District
  • Not in the mapped ravine protection area

What this means: None of these City records was found at this address. That does not rule out other approvals, such as a conservation authority permit, so check before you plan work.

City of Toronto Heritage Register, Heritage Conservation Districts and the Ravine and Natural Feature Protection by-law, read at this address from the City’s maps. Contains information licensed under the Open Government Licence – Toronto.

Zoning

Zone

R (d0.6) (x736)

By-law

569-2013

Municipality

Toronto
Residential zone (R)
  1. 1 d0.6

    Density: floor area is capped at 0.6 times the lot area.

  2. 2 x736

    Site-specific exception 736: this site has rules of its own, written in the by-law.

  3. 3 Where this is written

    Chapter 10, section 10.10 of By-law 569-2013 · Exception 900.2.10(736)

  4. 4 What that means in practice

    These are the zone’s rules, not permission for this lot. What can be built also depends on the exceptions, overlays and setbacks that apply here. Confirm with the City before you plan.

City of Toronto Zoning By-law 569-2013, read at this address from the City’s zoning map. Open the City’s zoning map. Contains information licensed under the Open Government Licence – Toronto.

Permit history

No building permits on file at this address.

Signals around this home

Changing nearby

Changing nearby. 6 open development applications within 800 m of this home.

  • 975 DANFORTH AVESite planUnder Review

    Site Plan Approval for proposed 10-storey mixed-use building having a non-residential gross floor area of 3,985.89 square metres, and a residential gross floor area of 3,273 square metres. 57 rental residential dwelling units are proposed.


    370 m away

  • 975 DANFORTH AVEOfficial plan or zoning amendmentOMB Appeal

    Rezoning for proposed 10-storey mixed-use building having a non-residential gross floor area of 423.63 square metres, and a residential gross floor area of 4,076 square metres. 57 rental residential dwelling units are proposed.


    370 m away

  • 1030 DANFORTH AVESite planUnder Review

    INACTIVE The proposal is a site plan approval for an 8-storey mixed-use building, containing 53 residential dwelling units, and 2 non-residential units. Three levels of underground parking are proposed. The proposal will be comprised of 4,343.60 square metres of residential gross floor area and 325.60 square metres of non-residential gross floor area.


    480 m away

  • 680 DANFORTH AVESite planUnder Review

    Site Plan Approval for the Pape Station as part of the Ontario Line Subway


    520 m away

  • 658-668 DANFORTH AVEOfficial plan or zoning amendmentAppeal Received

    The proposal is to construct a new 49-storey mixed-use building with three levels of underground parking. The ground level includes a shared residential and office lobby as well as retail and commercial uses fronting onto Danforth Avenue and a portion of Pape Avenue. Office uses are proposed from the third to fifth floors and the residential use is proposed from the sixth to 49th floors. Above the 49th floor is the mechanical penthouse and an indoor and outdoor amenity space. Additional indoor amenity spaces are located on the sixth and seventh floors and an additional outdoor amenity space is proposed on the sixth floor with access to the indoor amenity space. The proposal includes a total of 496 dwelling units, 29,756 sq. m (320,291 sq. ft.) of residential gross floor area (GFA) and 4,743 sq. m (51,053 sq. ft.) of non-residential GFA.


    550 m away

  • 658-668 DANFORTH AVESite planUnder Review

    The proposal is to construct a new 49-storey mixed-use building with three levels of underground parking. The ground level includes a shared residential and office lobby as well as retail and commercial uses fronting onto Danforth Avenue and a portion of Pape Avenue. Office uses are proposed from the third to fifth floors and the residential use is proposed from the sixth to 49th floors. Above the 49th floor is the mechanical penthouse and an indoor and outdoor amenity space. Additional indoor amenity spaces are located on the sixth and seventh floors and an additional outdoor amenity space is proposed on the sixth floor with access to the indoor amenity space. The proposal includes a total of 496 dwelling units, 29,756 sq. m (320,291 sq. ft.) of residential gross floor area (GFA) and 4,743 sq. m (51,053 sq. ft.) of non-residential GFA. The total proposed GFA is 9,997.4 sq. m, resulting in a FSI of 20.63.


    550 m away

City of Toronto Open Data — Development Applications and Building Permits (cleared permits since 2017). An application is a proposal: it may change, be refused or never be built. Contains information licensed under the Open Government Licence – Toronto.

The market

Market area · filters apply to the charts below

The street

Transit nearby

StationLinesDistance
Donlands StationTTC subway: Line 2 Bloor-Danforth450 m
Pape StationTTC subway: Line 2 Bloor-Danforth600 m
Greenwood StationTTC subway: Line 2 Bloor-Danforth950 m
Danforth GOGO Transit train: Lakeshore East3.3 km
Sunnybrook Park StationTTC light rail: Line 5 Eglinton4.6 km

The nearest subway, light rail, train, bus rapid transit stations 5 km, as the crow flies. Source: TTC schedule data (GTFS) from the Toronto Transit Commission under the Open Government Licence – Toronto; GO Transit schedule data (GTFS) from Metrolinx under the Open Government Licence – Ontario – Metrolinx, downloaded October 18, 2026. Contains information licensed under the Open Government Licence – Toronto. Data used in this product or service is provided with the permission of Metrolinx. Metrolinx makes no representations or warranties of any kind, express or implied, with respect to the Data and assumes no responsibility for the accuracy or currency of the data used in this product or service. Contains information licensed under the Open Government Licence – Ontario – Metrolinx.

Schools nearby

ElementaryTypeDistanceEQAO average 2024–25
Kapapamahchakwew - Wandering Spirit Scho Junior SeniorToronto DSBPublic · grades JK–8250 m36%Grade 6 average
ÉÉC du Bon-BergerConseil scolaire catholique MonAvenirFrench-language Catholic · grades JK–6500 m—
Blake Street Junior Public SchoolToronto DSBPublic · grades JK–6 · French Immersion550 m76%Grade 6 average
Holy Name Catholic SchoolToronto CDSBCatholic · grades JK–8 · French Immersion650 m84%Grade 6 average
SecondaryTypeDistanceGrade 9 math 2024–25
Kapapamahchakwew - Wandering Spirit SchoToronto DSBPublic · grades 9–12250 m—
Subway Academy IToronto DSBPublic · grades 9–12300 m—
École secondaire Michelle-O'BonsawinConseil scolaire ViamondeFrench-language public · grades 9–12800 m79%Grade 9 math
St Patrick Catholic Secondary SchoolToronto CDSBCatholic · grades 9–12850 m66%Grade 9 math

EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.

The verdict

Similar Active Listings

Recently sold nearby

Sold prices in Blake-Jones are shown to signed-in members.

Email Kassaundra Dobson, Broker of Record