570 Jones Avenue, Toronto, ON

Blake-Jones, Toronto · MLS® E13483162

$919,900
For Sale
Listed 23 days ago
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3Bedrooms
2Bathrooms
1Garage
1100-1500Sq Ft

About this home

Jonesing for a Great Opportunity? This One's Worth a Look.Not every home needs to be perfect to be a smart buy.Welcome to this 3-bedroom, 2-bathroom semi on Jones Avenue-a solid East End opportunity packed with the features buyers are searching for and the potential to make it truly your own.Yes, it could use an interior refresh. But behind the cosmetic updates lies something increasingly hard to find: value. With a rear extension already in place, a private garage for coveted off-street parking, and generous living space, the heavy lifting has already been started.Location? Hard to beat. You're just a short stroll to the Pape subway station, giving you quick access across the city, while being comfortably removed from the day-to-day disruption of Ontario Line construction.And for many families, this is the headline: the highly sought-after Frankland Community School catchment. If you've been trying to break into one of Toronto's most desirable public school communities without breaking the bank, this is your chance.Move in now, renovate over time, or bring your vision and create something special from day one. Either way, the fundamentals are here: location, parking, school district, transit access, and upside.Offers anytime. Virtually staged photos are for inspiration only.A little imagination today could pay dividends tomorrow.

Key facts

Property type
Semi-Detached, 2-Storey
MLS®
E13483162
Bedrooms
3
Bathrooms
2
Size
1100-1500
Lot
17.25 × 100 ft
Cross streets
JONES AVE/DANFORTH AVE
Parking
1 garage (detached)
Basement
Partially Finished
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Other
Foundation
Poured Concrete
Roof
Shingles
Sewer
Sewer
Property tax
$5,075 / 2025
Days on market
23
Listing brokerage
ROYAL LEPAGE SIGNATURE REALTY
Moe’s TakeTeam Asgarian · Broker
In line
$1.15Mest. value

Listed at $919,900, this home is within the range of comparable homes, on the lower side. The number above is my independent estimate of value, not the asking price.

There were not many closely comparable homes right in Blake-Jones, so I widened the search to the surrounding area.

Based on 6 similar homes nearby, adjusted for size, beds, and baths.Median of 6 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $957K, a bit lower.

How I got there

Here is the exact math behind the estimate. I start from the closest comparable listing and adjust for the real differences (size, beds, baths) to land on a like-for-like value for this home.

  • Closest comparable, listed at $1.25M
  • Adjusts to $1.25M

That comparable adjusts to $1.25M; the $1.15M estimate above is the median of all 6 comparables, which is steadier than any single home.This uses comparable active listings, not sold prices. Lot, condition, and finishes are my in-person call, and I can run a full CMA with recent solds.

On location, this is a very walkable address with everyday errands close by. Jones Ave at Danforth Ave South Side is about a 1-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$915KGreat deal$1.29MOverpriced

Total price vs nearby homes. Fair value about $1.15M, median of 6 comparables.

What the listing highlightsThese are claims from the listing. The only way to know for sure is to see it in person, and I am happy to book you a private showing.

  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled.
  • Value driver
Comparable listingsCurrently listed nearby · asking prices
$915kavg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

115 Bergen Road$879k101 Holwood Avenue$849k81 Cleveland Street$1000k12 Durant Avenue$800k6 Firstbrooke Road$1.05M

The 5 closest of 8 active listings nearby.

See all comparable homes
920kThis home879k849k1000k800k1.05MThis home vs active comparables
Live market pulseActive comparables in Toronto · median list $1000K
$708this home / sqft
62active listings nearby
23days on market

This home lists 15% below the area average of $830/sqft.

19 days longer than the Toronto average (4 days).

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

Neighbourhood & location

Blake-Jones, Toronto, ON

CommuteTime from this home to where you spend your day

Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.

Getting around

85/ 100

Very WalkableA walkability read built from the amenities around this home: how close the nearest transit stop is, and how many grocery, dining, park, and pharmacy destinations fall within a 15-minute walk. It is a guide, not a guarantee. Places data from Google.

Most daily errands can be done on foot.

🚉 Nearest transit: Jones Ave at Danforth Ave South Side, about 87 m away

20+ transit stops14 grocery20+ dining20+ parks20+ pharmacies

Within a 15-minute (1.5 km) walk.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Danforth
$1.10M
Greenwood-Coxwell
$792K
South Riverdale
$1.30M
Woodbine Corridor
$989K
The Beaches
$1.15M

Typical asking price of active listings of the same type, per area (outliers removed). Toronto.

Get the full neighbourhood report (schools, parks, transit & safety) →

Schools & catchmentAssigned attendance-boundary schools, with EQAO results

The public and Catholic schools this address is zoned for, with EQAO results (the share of students meeting Ontario's provincial standard).

School attendance boundaries and EQAO results are Ontario government data and can change. Confirm the current catchment with the school board before relying on it.

Street view near Holy Name
80%
Holy NameCatholic · Elementary · 0.6 km awayAbove the GTA average · 80% meet the provincial standard
Earl Grey Senior Public SchoolEQAO results not published
Kapapamahchakwew (Elem) - Wandering Spirit SchoolEQAO results not published
Danforth Collegiate and Technical InstituteEQAO results not published

Affordability & Mortgage

Affordability
$4,193/mo
$177KIncome needed
5.2×Price ÷ income
$968Weekly cost
20% down4.79%25-yr amortization

Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.

91%mortgage
Mortgage $4,193Property tax $423Total carry $4,616

Calculate and customize your mortgage and other expenses

Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.

Your numbers

$
20.0%
$
%
4.14%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 17, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$3,927per month

Mortgage amount $735,920 · 4.14% over 25 years

$183,980Down payment (20.0%)
$735,920Loan before insurance
$0CMHC premium
$4,350Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,927
Property tax
$423
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$4,350

Add your own property tax, condo fees, and heating on the left for a sharper total.

One-time closing costs

Ontario land transfer tax
$14,873
Toronto municipal land transfer tax
$14,873
Estimated closing costs
$29,746

Plus your down payment of $183,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$4,770/monthPayment at the qualifying rate

Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.

Over the full 25 years

$442,223Total interest paid
$1,178,143Total of all payments
Principal $735,920 Interest $442,223
YearPrincipalInterestBalance
1$17,240$29,886$718,680
2$17,961$29,165$700,719
3$18,712$28,413$682,006
4$19,495$27,631$662,511
5$20,311$26,815$642,200
6$21,160$25,965$621,040
7$22,045$25,080$598,995
8$22,967$24,158$576,027
9$23,928$23,198$552,099
10$24,929$22,197$527,170
11$25,972$21,154$501,199
12$27,058$20,068$474,140
13$28,190$18,936$445,951
14$29,369$17,757$416,581
15$30,598$16,528$385,984
16$31,877$15,248$354,107
17$33,211$13,915$320,896
18$34,600$12,526$286,296
19$36,047$11,079$250,249
20$37,555$9,571$212,694
21$39,126$8,000$173,568
22$40,762$6,363$132,806
23$42,467$4,658$90,338
24$44,244$2,882$46,094
25$46,094$1,031$0

At the end of your 5-year term

Total paid over the term
$235,629
Principal paid down
$93,720
Interest paid
$141,909
Balance remaining
$642,200

Talk to Team Asgarian about your options

Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.

Let's connect

Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.

Investor snapshot

Rental yield
Estimate$2,300/mo
$27,600Gross annual rent
2.0%Est. cap rate

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

Estimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.

3.0%
Gross yield
− Property tax $5,075− Insurance $1,400− Vacancy & upkeep $3,036Net operating income $18,089

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of ROYAL LEPAGE SIGNATURE REALTY. MLS®/PropTx.

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