**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!**
Address
23 Roycrest Avenue
List Price
$2,388,000
MLS® Status
New
Property Type
Residential Freehold
Type of Dwelling
Detached
Style of Home
Bungalow
Transaction Type
Sale
Area
Toronto C07
Sub-Area
Lansing-Westgate
Region
Toronto
Bedrooms
5 + 4
Bedrooms (Total)
9
Rooms Above Grade
7
Rooms Below Grade
5
Bathrooms
2
Floor Area
1100-1500 Sq. Ft.
Lot Size Source
MPAC
Lot Depth
489
Lot Shape
Irregular
Lot Size Units
Feet
Lot Width
31.08
Parcel Number
101460415
Occupant Type
Tenant
Cross Street
Young/Sheppard
MLS® Number
C14135216
Listing Brokerage
HOMENET REALTY INC.
Basement Area
Apartment
Postal Code
M2N 1R1
Parking Places (Total)
16
Parking Spaces
15
Tax Amount
$11,191.00
Tax Year
2025
Interior Features
Carpet Free, In-Law Suite, Accessory Apartment
Central Vacuum
No
Family Room
No
Ensuite Laundry
No
Special Designation
Unknown
Standard Status
Active
Senior Community
No
Board Or Association
Toronto Regional Real Estate Board
Heat Source
Gas
Heat Type
Forced Air
Cooling Features
Central Air
Construction Materials
Brick
Direction Faces
West
Fireplace
No
Foundation Details
Concrete Block
Garage
Yes
Garage Type
Detached
Covered Spaces
1
Kitchens Total
2
Kitchens Above Grade
1
Kitchens Below Grade
1
Pool Features
None
Roof
Shingles
Tax Legal Description
LT 10 PL 3722 NORTH YORK; S/T NY379027;PT BLK A PL 3722 NORTH YORK AS IN TB971267; S/T NY393022E
Waterfront
No
Sewer
Sewer
Rooms
| Floor | Type | Dimensions | Features |
|---|---|---|---|
| Main | Primary Bedroom | 4.8 x 4.4 Meters | |
| Main | Bedroom 2 | 3.25 x 3.2 Meters | |
| Main | Bedroom 3 | 4 x 3.39 Meters | |
| Main | Bedroom 4 | 3.45 x 2.75 Meters | |
| Main | Kitchen | 4.35 x 3.45 Meters |
