$749,900

For sale

391 Jones Avenue, Toronto (Blake-Jones) - Single Family for Sale

391 Jones Avenue, Toronto (Blake-Jones), Ontario, M4J3G5

2 beds1 bath1 parking900 ft²13 × 120 ft (1,596 sq ft) lot sizeListed 92 days ago

Overview

This 2-bedroom, 1-bathroom home in Toronto is for sale offering roughly 900 sq ft of space. Listed at $749,900, it is attractively priced about 29% below the $1,049,000 median asking price in Toronto.

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Description

Exceptional opportunity to own real estate in this highly sought-after location, just steps from shops, transit, schools, and cafés. Offering endless potential, this charming home is ready for your personal touch while already benefiting from several key upgrades, including a newer air conditioner, vinyl flooring throughout the main and second levels, updated bathroom vanity and toilet, and a new deck off the main level. Additional improvements include vinyl siding, windows, and patio door (2024), and the roof and furnace were replaced approximately 8 years ago. The home features a walkout from the main level to the deck, as well as both a walkout and walk-up from the lower level, providing flexibility for future use. There is also potential for up to 3-car parking off the rear lane. Whether you're a first-time buyer, investor, or someone looking to create a home tailored to your style, this property offers incredible value in a fantastic neighbourhood. Bring your vision and make this house your own Home Sweet Home! (id:66096)

Property Details

MLS®: E13645214
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 1
Parking: 1
Interior Size: 900 ft²
Lot Size: 13 × 120 ft (1,596 sq ft)
Frontage: 13 ft
Storeys: 2
Basement: Unfinished, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: No Garage
Ownership: Freehold
Property Tax: $2,047.35/yr
Listed: 92 days ago

Rooms

Main level

Foyer: 2.44 x 2.01 meters
Living room: 3.66 x 2.74 meters
Family room: 3.96 x 3.76 meters

Second level

Primary Bedroom: 3.81 x 3.66 meters
Bedroom 2: 3.96 x 2.19 meters

Basement

Kitchen: 3.94 x 3.94 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Appliances: Washer, Refrigerator, Water softener, Stove, Dryer
Flooring: Concrete, Vinyl
Foundation: Block
Exterior: Vinyl siding
Lot Features: Lane

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

92d

Toronto (Blake-Jones) listings, avg age

64d

Price / ft²

$833

List price

$750K

Homes here sell faster than most markets

Sold homes in this market spent an average of 33 days on the market over the past year, against a median of 48 days across the markets we publish.

Homes here sell below asking price

Homes in this market sold for an average of 94.6 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.

Haho

This 2-bed single family in Toronto (Blake-Jones) is available now. Want me to connect you with the agent or keep you posted on any price updates?

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Listed by COLDWELL BANKER RONAN REALTY · CHRISTINA MALTAIS

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M4J)

This home lists at $749,900, about 8.1× the local median household income of $93,000.

Carrying it typically needs a household income of about $146,482 (20% down, 25-yr amortization, stress-tested) — roughly 58% above the area median.

Median household income: $93,000
Population: 35,128
Median age: 42
Owner / renter: 62% / 38%
Avg. household size: 2.4

Source: Statistics Canada, 2021 Census (FSA M4J)

$749,900· $833/ft²

For sale

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Full Cost Breakdown

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Down Payment6.67% · $49,990.00

Min 6.67%50%

Mortgage payment$3,880/mo

↳ CMHC premium ($27,996 capitalized)

Property tax (est.)$171/mo

Total monthly$4,051

Cash Needed to Close

Down payment (6.67%)$49,990

Land transfer tax$22,946

Est. closing costs$4,750

Total cash needed$77,686

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