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.
| MLS # | W13531098 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | New |
| Year | 0 |
| Days On Site | 60 |
| Listing Provided By | RIGHT AT HOME REALTY | W13531098 062203 |
| Bed(s) | 5 |
|---|---|
| Bath(s) | 2 |
| Basement | Y |
| Acreage | 0.24 |
| Property View | Park, Greenbelt |
| Interior Features | None |
|---|---|
| Cooling | Central Air |
| Heat Source | Gas |
| Fireplace Yes / No | No |
| Roof | Unknown |
|---|---|
| Foundation Details | Unknown |
| View | Park/Greenbelt |
| Construction Materials | Brick |
| Garage Yes / No | No |
|---|---|
| Parking Features | Circular Drive, Private |
| Sewer | Sewer |
|---|
| Tax Annual Amount | 3899 |
|---|---|
| Tax Legal Description | LT 299 PL 3855 NORTH YORK; TORONTO |
| Tax Year | 2025 |
| Province | ON |
|---|---|
| Region | Toronto |
| City | Toronto W05 |
| Postal Code | M3L 1E9 |
| Area | Downsview Roding CFB |
| Listing VS Median (in M3L 1E9) | |
Price: $1,199,000 low | high Med: $0 On site: 60 low | high Med: | |
| Province | ON |
|---|---|
| Region | Toronto |
| City | Toronto W05 |
| Postal Code | M3L 1E9 |
| Area | Downsview Roding CFB |
| Listing VS Median (in M3L 1E9) | |
Price: $1,199,000 low | high Med: $0 On site: 60 low | high Med: | |