$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
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
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
Estimated mortgage payment
$5,309 per month
- Principal and interest
- $5,309
- Property tax
- $325
- Condo fees
- $0
- 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
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $280,710
With less than 20% down, a 30-year amortization is available to first-time buyers and buyers of newly built homes.
Talk to me about financingEstimates 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
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