TownhouseListed today

491 Jones Ave, Toronto

Name: 491 Jones Avenue
SKU: E14151610
Price: 799000 CAD
Availability: InStock

Toronto, ON · M4J 3G8 · MLS® E14151610Updated November 5, 2026

$799,000Est. $3,925/mo mortgage

Bedrooms: 4
Bathrooms: 2
Living space: 1500–2000sq ft
Parking spaces: 1

Type Townhouse
Basement Separate Entrance, Apartment

What you should know

491 Jones Ave is a 4-bedroom, 2-bathroom townhouse in Toronto, listed for $799,000. It has 1500-2000 sq ft of living space.

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, cafes, 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.

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2 Upcoming Open Houses at 491 Jones Ave

Drop in during an open house, or book a private viewing at a time that suits you.

Saturday, November 72:00 PM – 4:00 PMIn person · no booking neededAdd to Google Calendar (opens in a new tab)Apple / Outlook (.ics)
Sunday, November 82:00 PM – 4:00 PMIn person · no booking neededAdd to Google Calendar (opens in a new tab)Apple / Outlook (.ics)

4 Bed, 2 Bath Townhouse in Toronto

About 491 Jones Avenue

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, cafes, 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!

4 bedrooms, 2 bathrooms, about 1,500 sq ft, works out to roughly $533 per square foot. Chat with Zara if you'd like a deeper read on whether this townhouse fits your budget and timing.

Inside 491 Jones Ave

Every detail from the listing, in one place.

Type: Townhouse
Style: 2-Storey
Living space: 1500-2000 sq ftas stated on the listing
Parking: 1 space
Basement: Separate Entrance, Apartment

Features & systems

Parking & garage

Parking spaces: 1

Interior

Basement: Separate Entrance · Apartment

Lot & land

Lot size (sqft): 0

Listing & possession

Property style: 2-Storey
Property class: Att/Row/Townhouse

491 Jones Ave Price & Sale History

Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.

Nov 5, 2026For saleListedThis listingMLS® E14151610$799,000

Sourced from MLS®. Includes earlier listings of this property on record.

What's it worth?

How 491 Jones Ave Compares to the Toronto Market

Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.

Zara’s estimate

Excellent Deal· based on 16,043 recent sales

Value your own home →How accurate are Zara’s estimates?

Summitly estimate, not from TRREB, the MLS® or the listing brokerage. Not an appraisal. How it works

Toronto market, last 90 days

Median sold price: $840,000
Average sold price: $1,085,584
Average days on market: 32
Homes sold: 9,203

Closed sales on the TRREB MLS®.

Full Toronto market report

Recently sold nearby in Toronto

Sold prices are shown free to signed-in members, as board rules require.

6 nearby sales vs. this home

Closed sales from MLS®, compared with this home's asking price.

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Home	Sold price	$ / sqft	% of asking	Sold
This home491 Jones Avenue 4 bd · 2 ba · 1,500 sqft	$799,000asking	$533	—	—
2 Cam Fella Lane 3 bd · 2 ba · 1,100 sqft
76 Routliffe Lane 4 bd · 2 ba · 2,000 sqft
241 Finch Avenue 3 bd · 2 ba · 1,500 sqft
117 Concord Avenue 4 bd · 3 ba · 1,500 sqft
98 Howe Avenue 3 bd · 2 ba · 1,500 sqft
2752 Lawrence Avenue 4 bd · 4 ba · 2,000 sqft

2 Cam Fella Lane
3 bd · 2 ba · 1,100 sqft
76 Routliffe Lane
4 bd · 2 ba · 2,000 sqft
241 Finch Avenue
3 bd · 2 ba · 1,500 sqft
117 Concord Avenue
4 bd · 3 ba · 1,500 sqft
98 Howe Avenue
3 bd · 2 ba · 1,500 sqft
2752 Lawrence Avenue
4 bd · 4 ba · 2,000 sqft

Living in Toronto: Location & Amenities

Transit, schools, parks and everyday places near this home. Select any place to open it on Google Maps.

Costs, Mortgage & Rental Return for 491 Jones Ave

What it could cost each month, today's rates from our mortgage partner, and what it could return as a rental.

Mortgage: $3,925; 20% down · 25 years · 5.5% assumed
Property tax: $439; 0.66% mill rate · ON
Total per month: $4,364; Before utilities, insurance and fees

Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.

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Monthly cost

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Down payment

Rate (%)

Years

An estimate, not a quote. Utilities and insurance are extra.

Affordability calculator

Estimated monthly payment

$3,925

/mo

based on the purchase price of $799,000

Down payment20%

$159,800 cash

Amortization25 yr

$639,200 financed

Rate5.50%

$538,374 total interest

Principal54%$639,200

Interest46%$538,374

20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.

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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.

Rental income potential

Est. monthly rent

low–high

Gross yield

rent × 12 ÷ price

Cap rate (est.)

net of tax + fees

Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.

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Listing brokerage: KELLER WILLIAMS ADVANTAGE REALTY, BrokerageMLS® E14151610 · Listing data last updated November 5, 2026

Listing data comes from the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but not guaranteed. Shown on Summitly by Coldwell Banker Summit Realty, Brokerage, which is not the listing brokerage. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. © 2026 Toronto Regional Real Estate Board. All rights reserved.

Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.

For sale· listed Nov 4· $533/sq ft

Estimated monthly mortgage$3,925/moMortgage only · 20% down · 5.5% assumed

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5.0 · Google rating for Coldwell Banker Summit Realty, Brokerage · as of September 2026

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2 Upcoming Open Houses at 491 Jones Ave

Drop in during an open house, or book a private viewing at a time that suits you.

4 Bed, 2 Bath Townhouse in Toronto