$2,388,000
House
23 Roycrest Avenue
Toronto, Lansing-Westgate M2N 1R1
No obligation In-Person or Video Chat Tour
Beds · 5+4
Baths · 2
Sqft · 1100-1500
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 BASE...MENT 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!**
General
Type
House
Style
Bungalow
Approximate Age
-
Square Footage
1100-1500 sqft
Taxes
$11,191 /yr
Maintenance Fee
-
Courtesy of:
HOMENET REALTY INC.