About This Property
**RARE RAVINE-BACKED INVESTMENT & DEVELOPMENT OPPORTUNITY IN PRIME NORTH YORK!**Nestled at the end of a quiet cul-de-sac, this exceptional property offers approximately 1.8 acres of ravine setting, mature trees, beautiful natural surroundings and outstanding privacy.**Featuring a LEGAL WALK-OUT BASEMENT APARTMENT with strong existing rental income!** An excellent opportunity for investors seeking immediate cash flow while exploring the property's long-term potential.Ideal for luxury custom home buyers, builders and developers looking to explore a magnificent custom estate, multi-unit residential development or purpose-built rental apartments, subject to municipal approvals, zoning and ravine protection regulations.Conveniently located near Yonge & Sheppard, subway access, shopping, restaurants, schools and major highways.**A UNIQUE OPPORTUNITY COMBINING CURRENT RENTAL INCOME, EXCEPTIONAL PRIVACY, NATURAL BEAUTY AND FUTURE DEVELOPMENT POTENTIAL!**
Property Overview
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Listing ID
C14135216
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Type
Detached
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Bedrooms
9
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Bathrooms
2
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Size
1100-1500 sqft
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Transaction
For Sale
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Kitchens
2
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Parking
16 spots
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Garage
Detached
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Heat
Forced Air / Gas
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Annual Tax
$11,191 (2025)
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Lot
31.08 × 489 Feet
Features & Amenities
- Central Air
- Apartment
- Carpet Free
- In-Law Suite
- Accessory Apartment
From Our Gallery (12 photos)
Location
Address:
23 Roycrest Avenue, Toronto, ON M2N 1R1
City:
Toronto C07, ON
Postal Code:
M2N 1R1