Listed 22% above the Downsview-Roding-CFB benchmark for 1-storey detached homes (TRREB HPI, June 2026). Estimate for guidance only — not an appraisal.
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
Listed on
July 7, 2026
Days on market
17 days
Property tax
$3,899 (2025)
Lot
50 × 209 Feet
Style
Bungalow
Heating
Forced Air
Cooling
Central Air
MLS®
W13531098
Full details
Parking
GarageNone
Total parking4
Parking featuresCircular Drive, Private
Room dimensions
Room
Level
Dimensions
Features
Living Room
Main
4.58 × 3.71
Large Window, Hardwood Floor
Dining Room
Main
2.82 × 2.79
Window, Hardwood Floor
Kitchen
Main
2.82 × 2.79
Overlooks Dining, Window, Ceramic Floor
Primary Bedroom
Main
3.45 × 3.3
Window, Closet, Hardwood Floor
Bedroom 2
Main
3.45 × 3.38
Window, Closet, Hardwood Floor
Bedroom 3
Main
2.82 × 3.38
Window, Closet, Hardwood Floor
Property & sold history
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See this home's sale & listing history
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What you actually need in cash — land transfer tax, closing costs, and your down payment.
Purchase price
$
Down payment · 7.9%
$
Down:or type any amount above
This price requires at least 7.9% down (5% on the first $500K, 10% above).
Legal fees
$
Title insurance
$
Home inspection
$
Ontario land transfer tax$20,455
Toronto municipal LTT$20,455
Legal · title · inspection$2,800
Closing costs$43,710
Down payment$94,900
Total cash to close$138,610
Estimates only, not legal or tax advice. Ontario LTT rates 2025; City of Toronto MLTT applies inside Toronto (incl. Scarborough, North York, Etobicoke, York, East York). Durham and Markham buyers pay no municipal LTT.