$2,388,000
PRICE
5 + 4
BEDROOMS
2
BATHROOMS
C14135216
MLSID
23 Roycrest Avenue, Toronto
**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!**
Summary
Address
23 Roycrest Avenue
City
Community
Street
MLSID
C14135216
Property Type
Detached
Property Category
Bedrooms
5 + 4
Bathrooms
2
Kitchens
1 + 1
Taxes (Annual)
$11,191.00
Tax Year
2025
Published
October 31, 2026
Days on Market
7 Days
Possession Type
Flexible
Inclusions
All existing electrical light fixtures, window coverings, refrigerator(s), stove(s), range hood(s), dishwasher(s), washer(s), dryer(s), and all existing fixtures and appliances, where applicable. All items are included in "As-Is, Where-Is" condition, with no representations or warranties by the Seller.
Details
Bathroom 1
3-Piece Main Level
Bathroom 2
3-Piece Basement Level
Basement
Apartment
Interior Features
Carpet Free, In-Law Suite, Accessory Apartment
Parking Spaces
15
Parking Total
16
Architectural Style
Bungalow
Roof
Shingles
Construction Materials
Brick
Lot Size
2 Acres
Lot Width
31 Feet
Lot Depth
489 Feet
Water
Municipal
Heat Source
Gas
Heat Type
Forced Air
New Construction
No
Occupant Type
Tenant
Private Entrance
No
Sauna
No
Seasonal Property
No
Hot Tub / Spa
No
Similar Listings
Listing Contracted with HOMENET REALTY INC.