17 Loney Avenue, Toronto W05

Price: $998,000

3 bedrooms, 2 bathrooms

700 - 1,099 sqft

Property Type: Detached

MLS#: W13861650

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.

17 Loney Avenue - Detached photo 1 of 29 in Downsview / Black Creek, Ontario
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New Listing
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$998,000 - 17 Loney Avenue, Downsview

Detached for Sale in Downsview

New — Listed 2 days ago

Neighbourhood: Downsview-Roding-CFB

3Beds
2Baths
700 - 1,099Sq Ft
Detached

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Property Details
MLS Number
W13861650
Property Type
Detached
Status
active
Days on Site
2
Bedrooms
3
Bathrooms
2
Square Feet
700 - 1,099 sqft
Neighbourhood
Downsview / Black Creek
Taxes (2026)
$3,913
Listing Brokerage
RE/MAX PROFESSIONALS INC.
Description

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.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$5,120.26/mo

Includes CMHC insurance ($27,844)

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5-yr fixed avg.

Principal: $898,200Interest: $610,033
Mortgage Amount$926,044
Total Interest$610,033
Est. Property Tax$707/mo
Total Cost$1,536,077

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: Downsview-Roding-CFB

Discover Downsview-Roding-CFB

Downsview-Roding-CFB is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in Downsview-Roding-CFB

  • •Convenient location in Downsview / Black Creek
  • •Access to local shops and dining
  • •Good public transit connections
  • •Community parks and green spaces
  • •Well-maintained neighbourhoods

Nearby Schools

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

Transit & Commuting

  • •MiWay bus routes throughout the area
  • •GO Transit stations within driving distance
  • •Easy highway access to 401/403/QEW
  • •Walking distance to local amenities

Parks & Amenities

  • •Local parks and recreational facilities
  • •Community centres
  • •Shopping plazas nearby
  • •Restaurants and cafes

Lifestyle & Community

Downsview-Roding-CFB offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

17 Loney Avenue, Downsview / Black Creek

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,800/mo
Range: $2,380 - $3,220
Cap Rate (ROI)
2.3%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,800
Maintenance Fees-$0
Property Tax (est.)-$707
Insurance (est.)-$208
Net Cash Flow+$1,885

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Premium Pricing

At $1426/sqft, this property is priced above the Downsview average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.

Just Listed - Act Strategically

This property hit the market within the last week. In Downsview's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

Detached Home Advantages

Detached homes in Downsview are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.

Efficient Living

At 700 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.

Starter Home Potential

3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.

About Downsview-Roding-CFB

I know Downsview-Roding-CFB well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.

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    17 Loney Avenue, Downsview / Black Creek | $998,000 | Battaglia Team