294 Jones Avenue, Toronto, ON

$1,249,000
MLS#:E11967111
3 beds
2 baths
2.0 parking
Residential Freehold
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This listing is no longer active (Sold)

This property has been sold, leased, or taken off the market. You can view similar active listings below.

Property Highlights

Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of South Riverdale. Expertly crafted featuring premium metal/steel siding and stucco (plaster) construction, this residence presents an exceptional opportunity offered at $1,249,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 3 Bedrooms and 2 Bathrooms
  • Premium 20 x 100 ft lot size
  • Features a finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 2.0 total parking spaces available
  • Notable attributes: On Demand Water Heater
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Welcome to this charming fully renovated detached home in a prime South Riverdale location, offering the perfect blend of comfort and style! Step into the desired open-concept main floor featuring soaring 9ft smooth ceilings and gleaming hardwood floors. The newly renovated gourmet kitchen is a culinary masterpiece, adorned with pristine quartz countertops, tiled backsplash, LED potlights and sleek stainless steel appliances. The second floor features 3 spacious bedrooms and a newly renovated modern bathroom with custom glass shower and European tiles. A beautifully finished basement complete with a full bathroom is ideal for guests, a home office, or extra living space. Step outside to a cozy, fully fenced patio, offering a private retreat for relaxation and entertainment. Conveniently comes with 2 parking spots. Numerous upgrades include: a new roof, a new heat pump, a high-efficiency furnace, tankless water heater (rental), weeping tile around the home, SAFE-T screens on doors & windows on main floor. Unbeatable location within minutes to Leslieville cafes and boutiques, The Danforth, and the bustling Queen Street East. With excellent transit options, a bus stop right at your door, proximity to the DVP, and just minutes from downtown, this home will be perfect for families and professionals alike. Parks, top-rated schools, and future Metrolinx development make this neighbourhood a smart choice for both lifestyle and investment. Don't miss your chance to own a piece of this urban paradise! Your dream home awaits.

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Key Features

Bedrooms
3
Bathrooms
2
Kitchens
1
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateFebruary 26, 2025
Sold price information is available to members only
Listed Date2/11/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style2-Storey
ConstructionMetal/Steel Siding, Stucco (Plaster)
BasementFinished
Lot Size20 × 100 Feet
CountyToronto
Annual Tax$4,778.13
Legal DescriptionPlan M-105 Block D Lot 38

Parking & Garage

Parking Spaces2.0
Garage Spaces2
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Public Transit, School, Fenced Yard

Interior Features

On Demand Water Heater

Security Features

Community Features

Location

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294 Jones Avenue, Toronto, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 294 Jones Avenue, Toronto E01, ON M4M 3A6

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Toronto.

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Interest Rate5.25%
Down Payment$249,800 (20.0%)
* Minimum Canadian down payment required for this price is $249,800.
Amortization Period25 Years
Estimated Monthly Payment$5,954Based on a loan of $999,200 over 25 years.
Purchase Price$1,249,000
Loan Amount$999,200
Provincial Land Transfer Tax:$21,455
Toronto Municipal Land Transfer Tax:$21,455
Total Estimated Closing Taxes:$42,910

About Purchasing a Home in Toronto, ON

For a property listed at $1,249,000 in Toronto, the legal minimum down payment is $249,800 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.

Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $21,455 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $21,455 also applies, bringing the total estimated land transfer taxes to $42,910.

Nearby Listings

Distance:

No current listings found in Toronto.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for South Riverdale, Toronto.

Verified Local Data
City Population2,794,356
City Median Age39.2 Yrs
City Ownership48% Owners
Avg Area List Price$1,070,491

People & Families

Age Distribution

Household Composition

One-person households
32%
Families with children
36%
Couples without children
24%
Other households
8%

Top Ethnic Origins

Chinese11%
English9%
Canadian8%
East Indian8%

Local Schools Guide

Elementary Schools

Withrow Avenue
Public25 Bain Avenue, Toronto, Ontario, M4K 1E5
7.8
Morse Street
Public180 Carlaw Avenue, Toronto, Ontario, M4M 2R9
6.9
Nelson Mandela Park
Public440 Shuter Street, Toronto, Ontario, M5A 1X6
1.6
Sprucecourt
Public70 Spruce Street, Toronto, Ontario, M5A 2J1
4.6
Blake Street
Public21 Boultbee Avenue, Toronto, Ontario, M4J 1A7
5.8

Secondary Schools

Riverdale
Public1094 Gerrard Street East, Toronto, Ontario, M4M 2A1
8.7
Rosedale Heights-Arts
Public711 Bloor Street East, Toronto, Ontario, M4W 1J4
8.0

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied48%
Rented52%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.