$2,388,000
23 Roycrest Avenue, Toronto, ON M2N 1R1
Toronto · Lansing-Westgate · M2N 1R1
Key Facts
Tax
$11,191 (2025)
Type
Detached
Lot
1.8 sqft
Parking
Detached, 16 spaces
Basement
Apartment
Brokerage
HOMENET REALTY INC.
Description
**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
Inside
Utilities
Building
Parking
Land
Financial Details
Listing Information
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