Attention All First Time Buyers or Investors, Great Income Property In A Very High Demand Area. Currently Set Up As 3 Self-Contained Units But It Can Be Easily Converted Main & Second Floor Into A Large Family Home With A Separate Walk Out In Law Unit With Extra Income. Well Maintained Property In Move In Condition. Great Family Neighbourhood, Close To Subway, Danforth Restaurants, Shopping, Schools, Parks, 24 Hrs TTC, Gerrard Square Shopping Mall, Lakeshore & Ash bridge Park. Very Clean Well Kept Home. Front & Backyard Beautifully Landscaped For Summer Entertaining. Detached Garage For Parking. Updated Electrical Wiring With 200 Amps Supply Panel. Roof Shingles Updated, High Efficiency Furnace & AC (Rental). If The Buyer Wants Seller Can Pay Off At The Time Of Closing. Furnace $69.99 & AC $74.99 a month. Hot Water Tank Rental $39 A Month.
3 bedrooms, 3 bathrooms, about 1,100 sq ft, works out to roughly $908 per square foot, the bed-to-bath ratio is generous. Chat with Zara if you'd like a deeper read on whether this semi-detached fits your budget and timing.
Inside 501 Jones Ave
Every detail from the listing, in one place.
Type
Semi-Detached
Style
2-Storey
Living space
1100-1500 sq ftas stated on the listing
Parking
1 spaceYes garage
Basement
Finished with Walk-Out
Features & systems
Parking & garage
Garage
Yes
Parking spaces
1
Interior
Basement
Finished with Walk-Out
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
2-Storey
Property class
Semi-Detached
501 Jones Ave Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® E13816758$999,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 501 Jones Ave Compares to the Toronto Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$4,908
/mo
based on the purchase price of $999,000
$199,800 cash
$799,200 financed
$673,136 total interest
Principal54%$799,200
Interest46%$673,136
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.
For homeowners nearby
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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.
Similar homes for sale nearby in Toronto
Other 2–4 bed homes for sale in Toronto around $999K.
Average days on market32Homes sold in about 32 days on average.
Sale-to-list ratio5194.5%On average, homes sold at or above asking.
Active listings11,861Homes for sale here right now.
Median vs prior 90 days+0.6%Compared with May 12 – Aug 10, 2026: prices up.
Based on 9,125 sales from Aug 10 – Nov 8, 2026 (7,196 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 501 Jones Ave
How much is 501 Jones Ave listed for?
501 Jones Ave is listed at $999,000 (MLS® E13816758). Summitly updates the price as soon as the MLS® record changes.
Is $999,000 a good price for 501 Jones Ave?
Summitly rates it Fair Price: the asking price is Within 3% below to 5% above Zara's estimate, an estimate built from recent sales in Toronto. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 501 Jones Ave changed?
No — 501 Jones Ave is still listed at its original asking price of $999,000.
How many bedrooms and bathrooms does 501 Jones Ave have?
501 Jones Ave has 3 bedrooms and 3 bathrooms, with about 1,100–1,500 square feet of living space. It is a semi-detached home in Toronto.
How much would the monthly mortgage be on 501 Jones Ave?
About $4,908 a month — principal and interest on $999,000 with 20% down ($199,800), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 501 Jones Ave compare with other homes in Toronto?
Its asking price of $999,000 is about 18% above the median sold price in Toronto over the last 90 days, $844,900, across 9,125 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 501 Jones Ave been sold before?
Summitly has no earlier MLS® sale or lease of 501 Jones Ave on record from the last two years. Older records aren't shown under TRREB rules.
Where is 501 Jones Ave?
501 Jones Ave is in Toronto, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 501 Jones Ave been on the market?
47 days — 501 Jones Ave was listed on September 22, 2026.
What is the price per square foot of 501 Jones Ave?
About $666 to $908 per square foot: the asking price of $999,000 over the 1,100–1,500 sq ft the listing gives as its size range.
Does 501 Jones Ave have parking or a garage?
Yes — the listing gives 1 parking space. Garage: Yes.
Does 501 Jones Ave have a basement, and is it finished?
The listing describes the basement as: Finished with Walk-Out.
