48 Loney Avenue, Toronto, ON M3L 1E9
Downsview-Roding-CFB, Toronto · Near Jane St. / Wilson Ave. · View map
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.
The home
- Type
- Bungalow
- Style
- Bungalow
- Square footage
- 700-1100 sq ft
- Bedrooms
- 3
- Basement bedrooms
- 2
- Bathrooms
- 2
- Kitchens
- 2
- Rooms
- 6
- Basement
- Separate Entrance, Finished
- Lot size
- 50 x 209 ft
- Faces
- East
- View
- Park/Greenbelt
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
- Exterior
- Brick
Heating & cooling
- Heating fuel
- Gas
- Heating type
- Forced Air
- Air conditioning
- Central Air
- Fireplace
- No
Garage & parking
- Driveway spaces
- 4
- Total parking
- 4
- Parking features
- Circular Drive, Private
Taxes & other
- Property taxes
- $3,899/yr
- Tax year
- 2025
- Occupancy
- Tenant
- Possession
- 60-90 Days
- Cross street
- Jane St. / Wilson Ave.
- Neighbourhood
- Downsview-Roding-CFB
More
- Price per sq ft
- ~$1,332 (at 900 sq ft)
- Listed
- Jul 7, 2026 · 99 days ago
- MLS® number
- W13531098
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No features listed yet.
- Mortgage
- Property tax
- Maintenance fee
Cash needed to close
Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax and Toronto municipal land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.
48 Loney Avenue, Toronto, ON M3L 1E9
Downsview-Roding-CFB, Toronto · Near Jane St. / Wilson Ave.
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Listing history for 48 Loney Avenue
See what this home and others at the same address were listed for, what they sold for, and how long it took.
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Frequently asked questions about 48 Loney Avenue
Answers come straight from this home’s MLS® listing.
How much is 48 Loney Avenue listed for, and what would it cost each month?
48 Loney Avenue is listed for $1,199,000. With 20% down ($239,800), the mortgage payment would be roughly $4,836 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $5,161 a month, all in. That figure is an illustration, not a quote.
Is 48 Loney Avenue freehold or a condo, and is there a monthly fee?
48 Loney Avenue is a bungalow in Downsview-Roding-CFB, Toronto. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.
How many bedrooms and bathrooms does 48 Loney Avenue have?
48 Loney Avenue has 3 bedrooms, plus 2 more bedrooms in the basement, and 2 bathrooms.
Does 48 Loney Avenue have a garage and parking?
The listing does not show a garage. The driveway adds 4 spaces. In total the listing counts 4 parking spaces.
Does 48 Loney Avenue have a finished basement?
The listing describes the basement as separate entrance, finished. It counts 2 bedrooms on that level. Finished basement space is usually not counted in the square footage shown. A listing description is not proof of a legal second unit, so confirm zoning and permits with the municipality before counting on rental income.
What style of home is 48 Loney Avenue?
48 Loney Avenue is a bungalow. A bungalow has all of its main living space, including the bedrooms, on one floor, usually over a full basement.
How big is 48 Loney Avenue, and what is the lot size?
The listing puts the home between 700 and 1,100 sq ft. The board reports a range rather than an exact figure, and it usually leaves out the basement. The lot is listed as 50 x 209 ft.
How is 48 Loney Avenue heated and cooled?
Heating is forced air (gas). Cooling is central air.
What are the property taxes for 48 Loney Avenue?
Property taxes are $3,899 a year (2025), or about $325 a month.
Where is 48 Loney Avenue?
48 Loney Avenue is in the Downsview-Roding-CFB community of Toronto. The nearest main intersection is Jane St. / Wilson Ave.. The postal code is M3L 1E9.
How long has 48 Loney Avenue been on the market?
48 Loney Avenue was listed on July 7, 2026. It has been on the market for 99 days. It is an active listing (MLS® W13531098). Listings here update from the board through the day and come down once a home sells.
What are similar bungalows near 48 Loney Avenue asking?
Similar bungalow-style homes for sale nearby right now include 17 Loney Avenue at $998,000 (3 bed), 77 Nash Drive at $1,188,000 (3+2 bed) and 150 Spalding Road at $1,249,000 (3 bed). These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 48 Loney Avenue sold for?
Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.
How do I book a showing at 48 Loney Avenue?
Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-619-2256.
Have a different question? Ask about this home and get an answer, usually within the hour.
Similar bungalows nearby
More bungalow-style homes for sale near Downsview-Roding-CFB, picked by style, size and price.
Bungalow$998,00017 Loney Avenue, Toronto3 bed · 2 bath · Downsview-Roding-CFBCourtesy of: RE/MAX PROFESSIONALS INC.View home →
Bungalow$1,188,00077 Nash Drive, Toronto3+2 bed · 3 bath · Downsview-Roding-CFBCourtesy of: ANJIA REALTYView home →
Bungalow$1,249,000150 Spalding Road, Toronto3 bed · 2 bath · Downsview-Roding-CFBCourtesy of: VANGUARD REALTY BROKERAGE CORP.View home →Courtesy of: RIGHT AT HOME REALTY
PropTx MLS® assumes no responsibility for the accuracy of any information shown. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale or lease of real estate and may not be used for any commercial purpose or any other purpose.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.