23 Roycrest Avenue, Toronto - $2,388,000 | Modern Solution Realty

23 Roycrest Avenue

23 Roycrest Avenue, Toronto

23 Roycrest Avenue in Toronto - 9 bedroom, 2 bathroom. Listed at $2,388,000.

**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 Details

  • Property Type: Mortgage
  • Style: Bungalow
  • Square Footage: 1300 sqft
  • Basement: Apartment
  • Heating: Gas
  • Cooling: Central Air
  • Parking: 16 spaces
  • Property Taxes: $11,191/yr
  • Neighbourhood: Lansing-Westgate
  • Postal Code: M2N 1R1

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