23 Roycrest Avenue
Lansing-Westgate, Toronto, M2N 1R1
$2,388,000
For sale · MLS® C14135216
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About this home
**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!**
Details
- Property type
- Detached
- Style
- Bungalow
- Size (sq ft)
- 1100-1500
- Bedrooms
- 5
- Bedrooms below grade
- 4
- Bathrooms
- 2
- Kitchens
- 2
- Basement
- Apartment
- Heating
- Forced Air
- Air conditioning
- Central Air
- Garage
- Detached
- Parking spaces
- 16
- Lot frontage
- 31.08
- Lot depth
- 489
- Lot units
- Feet
- Faces
- West
- Cross streets
- Young/Sheppard
- Property taxes
- $11,191
- Tax year
- 2025
- MLS® number
- C14135216
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Listing courtesy of HOMENET REALTY INC..
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MLS® listing content displayed under TRREB license. CREA trademarks used under license where listing data is shown. Saigal Realty Inc., Brokerage — brokerage registered with the Real Estate Council of Ontario (RECO). Data last updated Oct 31, 2026, 10:46 a.m..
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