17 Loney Avenue, Toronto, ON
Downsview-Roding-CFB, Toronto · MLS® W13861650
About this home
In short
- Rarely do you find renovations of this quality in a home under $1 Million.
- Set back in a quiet enclave of detached homes is 17 Loney Avenue, a 3 bedroom/2 bathroom home that has undergone substantial renovations over the last 6 years.
- The main floor was redone in late 2020 to create an open concept space perfect for raising a young family or entertaining; new hickory hardwood floors, pot lights; a...
- New A/C and a new rental Hot Water Tank were added earlier this year.
- Close to Yorkdale Mall, Costco, grocery stores, schools, and several nearby parks.
Rarely do you find renovations of this quality in a home under $1 Million! Set back in a quiet enclave of detached homes is 17 Loney Avenue, a 3 bedroom/2 bathroom home that has undergone substantial renovations over the last 6 years. The main floor was redone in late 2020 to create an open concept space perfect for raising a young family or entertaining; new hickory hardwood floors, pot lights; a new kitchen with updated plumbing, high quality wood cabinets, quartz countertops and built-in appliances; a new bathroom boasting Coeco concrete porcelain tiles and a large walk in shower; and wide-louver California shutters throughout. Downstairs is a large, open rec room with wet bar, a newer (2021) bathroom with the same Coeco tiles and another large walk in shower, and a separate laundry room with a stacked washer and dryer, new in 2025. There is an existing walk-out to the rear yard setting up a perfect opportunity to create an in-law suite or even a rental unit - the existing ceiling height is a generous 7'11. Outside, the rear deck was just updated with a weather resistant coating and re-built handrail and a new gazebo cover. The deck also boasts a gas hook up for easy bbq'ing! The fully fenced rear yard provides direct access to the double block garage and double private drive. Both the house and garage roofs were stripped and re-shingled in 2024 with new gutters and soffits added to the garage. New A/C and a new rental Hot Water Tank were added earlier this year. Loney Avenue is just a short stroll to two major transit corridors and offers easy access to highways 401, 400, and 427; as well as UP Express, and Weston GO. Close to Yorkdale Mall, Costco, grocery stores, schools, and several nearby parks. See attachments for full list of upgrades.
Key facts
- Property type
- Detached, Bungalow
- MLS®
- W13861650
- Bedrooms
- 3
- Bathrooms
- 2
- Size
- 700-1100 sq ft
- Lot
- 50.17 × 116 ft
- Cross streets
- Jane and Wilson
- Parking
- 2 garage · 4 parking (detached)
- Driveway
- Private Double
- Basement
- Finished with Walk-Out, Separate Entrance
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Concrete Block
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $3,913 / 2026
- Days on market
- 11
- Listing brokerage
- RE/MAX PROFESSIONALS INC.
Rooms
hardwood floor · closet · california shutters
hardwood floor · open concept · pot lights
hardwood floor · b/i appliances · quartz counter
hardwood floor · closet · w/o to deck
hardwood floor · california shutters · overlooks garden
hardwood floor · open concept · pot lights
broadloom · above grade window · walk-up
Listed at $998,000. Going by how homes in Downsview-Roding-CFB and the wider GTA have actually closed against their asking prices (about 98%, 27 local closings in 90 days), the likely sale price is near $973K, if it sells. A realistic range is $912K to $1.10M.
Independent value check: $858K. Without looking at the asking price, our model values the home itself about 14% below the ask (homes like it typically land between $804K and $900K).
Why $858K. The typical detached home sold in Downsview-Roding-CFB over the past year went for about $995K (105 sales). What sets this one apart:
- ▼ Lowers it stronglyIts tax bill, which follows the city's own assessment, is $3,913 a year; the typical home sold here pays about $4,700.
- ▼ Lowers itIt is 700 to 1,100 sq ft; the typical home sold here is 1,100 to 1,500.
Total price vs nearby homes. Likely closing about $973K, from 27 recent closings in this pocket.
The market behind the math:
About 0.6 months of inventory: 5 detached homes for sale in the area against 27 closings in the last 90 days. Under two months favours sellers, over four favours buyers.
Price per square foot: this home lists at $1,109/sqft against an area asking average of $1,218/sqft.
- Walk-out basement. Extra light, usable space, and income potential, so the estimate is a conservative floor for it.
How this estimate is builtthe short version
This figure comes from a model built on about 44,000 recent GTA sales. It weighs this home’s tax assessment, size, age, location and features against what homes like it actually sold for, including sales in this neighbourhood.
It never sees the asking price. The 27 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $818K. Condition and finishes remain an in-person call.
What the listing highlights5 points to weigh
Claims from the listing, worth confirming in person. I can book you a private showing.
- Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
- Recent major systems: lower near-term capital costs, ask for the ages and any warranties. Value driver
- Open-concept layout: modern, sought-after flow. Lifestyle
- Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
- Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
Schools & getting aroundcatchment and transit
The assigned public school is Beverley Heights Middle School. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.
Read this with carewhy it’s an estimate, not an appraisal
Priced above comparable homes overall, but the price per square foot ($1,109/sqft) is below the area, so you are paying for extra space rather than a premium.
The listing states size as a wide range, so the size adjustment is approximate and this estimate is a rough read. I can confirm exact square footage to tighten it.
Based on 27 comparable homes that sold in Downsview-Roding-CFB over the past two years, from 209 closings there.
The closest active listings by size, beds, and price, so you can see what this home is up against.
Per square foot, these ask about $1,218/sqft; this home lists at $1,109/sqft. Size is part of the price story, not just the sticker.
The 5 closest active listings nearby.
See all comparable homesSold price trend
Median sold price for detached homes in Downsview-Roding-CFB: $945K in September 2026, down 6% from a year ago, on 100 closings in 11 months.
Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month.
Month by month
| Month | Median sold | Closings |
|---|---|---|
| October 2025 | $984K | 20 |
| November 2025 | $1.05M | 9 |
| December 2025 | $1.00M | 7 |
| February 2026 | $1.00M | 5 |
| March 2026 | $954K | 5 |
| April 2026 | $1.03M | 10 |
| May 2026 | $945K | 13 |
| June 2026 | $965K | 9 |
| July 2026 | $960K | 7 |
| August 2026 | $935K | 6 |
| September 2026 | $945K | 9 |
Neighbourhood & location
Downsview-Roding-CFB, Toronto, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
Typical asking price of active listings of the same type, per area (outliers removed). Toronto.
Get the full neighbourhood report (schools, parks, transit & safety) →
The public and Catholic schools this address is zoned for, with EQAO results (the share of students meeting Ontario's provincial standard).
School attendance boundaries and EQAO results are Ontario government data and can change. Confirm the current catchment with the school board before relying on it.
Also nearby: 12 more schools within 2.5 km
Not the assigned catchment: schools a family here could reach, with EQAO results where published.
Affordability & Mortgage
Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.
Calculate and customize your mortgage and other expenses
Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.
Your numbers
Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 17, 2026); conventional rates run a little higher.
Mortgage amount $798,400 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $4,414
- Property tax
- $326
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $4,741
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $16,435
- Toronto municipal land transfer tax
- $16,435
- Estimated closing costs
- $32,870
Plus your down payment of $199,600. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.
Over the full 25 years
At the end of your 5-year term
- Total paid over the term
- $264,869
- Principal paid down
- $97,550
- Interest paid
- $167,320
- Balance remaining
- $700,850
Talk to Team Asgarian about your options
Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.
Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.
Investor snapshot
The suite is real income here: basements rent in Downsview-Roding-CFB (44 of 123 recent detached leases were basement units, around $1,875 a month). The figure above is the whole house on one lease; rented as two units, the suite alone brings about $1,875 a month on top of the upper floors. Permitted use is worth confirming with the city.
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersThe last 30 whole-home leases in Downsview-Roding-CFB signed at a median of $2,756 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,405. The gross yield above is on the asking price, before taxes and upkeep; the cap rate is after them. A finished basement or second suite can push real rent above it. Taxes, fees, and vacancy vary by property, and cap rate is before financing.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX PROFESSIONALS INC.. MLS®/PropTx.