Gurvinder Nokwal REALTOR®
For Sale Detached 103 days on market

$1,199,000

Est. payment $5,309/moCalculate yours

48 Loney Avenue, Toronto, ON M3L 1E9

Downsview-Roding-CFB, North York, ON M3L 1E9

  • 3 + 2 Beds
  • 2 Baths
  • 700 Sq Ft
Map

Listing courtesy of RIGHT AT HOME REALTY MLS® W13531098

About this home

Rare Ravine Lot! Welcome to 48 Loney Ave, a charming detached bungalow situated on an exceptional deep lot backing onto a serene ravine setting. This well-maintained home offers a functional layout featuring 3 spacious bedrooms, a full kitchen, and bright living space on the main floor. The finished basement boasts a separate side entrance and includes 2 additional bedrooms, a full bathroom, and a second kitchen, providing excellent potential for extended family living, multi-generational households, or supplemental rental income. Enjoy abundant parking with space for up to 4 vehicles. One of the home’s most outstanding features is the impressive 209-foot deep private backyard backing onto a peaceful ravine, offering exceptional privacy, beautiful natural views, and a rare outdoor retreat in the city. Conveniently located close to schools, parks, public transit, shopping, major highways, and everyday amenities. A fantastic opportunity for families, investors, or those seeking a home with income potential and an extraordinary lot in Toronto.

Property details

Overview

Property Type
Detached
Style
Bungalow
For
For Sale
Status
New
Size
700 sqft

Interior

Bedrooms
3 + 2
Bathrooms
2
Kitchens
2
Basement
Separate Entrance, Finished

Building & Systems

Heating
Forced Air (Gas)
Cooling
Central Air
Exterior
Brick
Foundation
Unknown
Roof
Unknown
Water
Municipal
Sewer
Sewer

Lot & Parking

Lot Size
50 x 209 Feet
Parking
None garage · 4 total

Financial

Property Taxes
$3,899 (2025)

Location

Neighbourhood
Downsview-Roding-CFB
Cross Street
Jane St. / Wilson Ave.
Direction Faces
East

Listing

MLS® Number
W13531098
Days on Market
103
Listed On
2026-07-07
Possession
60-90 Days
Listed By
RIGHT AT HOME REALTY

Rooms

Room Level Dimensions
Living Room Main 15′ 0″ × 12′ 2″
Bedroom 3 Main 9′ 3″ × 11′ 1″
Kitchen Main 9′ 3″ × 9′ 2″
Dining Room Main 9′ 3″ × 9′ 2″
Bedroom 2 Main 11′ 4″ × 11′ 1″
Primary Bedroom Main 11′ 4″ × 10′ 10″

Features

Interior

  • None

Pool

  • None
Included
All Elf's, Window Coverings, 2 Fridges, 2 Stove, Washer, Dryer
Excluded
N/A
Rental items
Hot Water Tank (If Rental)

Mortgage calculator

Minimum for this price: $94,900 (7.91%)

Amortization, years

Estimated mortgage payment

$5,309 per month

Principal and interest
$5,309
Property tax
$325
Estimated monthly cost
$5,634

Your mortgage

Mortgage amount
$959,200
Mortgage insurance
Not needed
Interest over 25 years
$633,474

Cash to close

Down payment
$239,800
Land transfer tax (Ontario + Toronto)
$40,910
Total, before legal fees
$280,710
Talk to me about financing

Estimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.

Location

48 Loney Avenue, Toronto, ON M3L 1E9 Downsview-Roding-CFB, North York, ON M3L 1E9
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Listing data is provided under license and deemed reliable but not guaranteed. MLS®, Multiple Listing Service® and associated logos are trademarks of The Canadian Real Estate Association (CREA).

$1,199,000 48 Loney Avenue, Toronto, ON M3L 1E9
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