$2,388,000
23 Roycrest Ave
Toronto C07, ON M2N 1R1
23 Roycrest Ave, Toronto C07 — Listed at $2,388,000. 9 bedroom, 2 bathroom Bungalow Detached. MLS® C14135216.
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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 Details
Property Insights
Listing Courtesy of: HOMENET REALTY INC.
MLS® #C14135216
The listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The listing data is deemed reliable but is not guaranteed accurate by TRREB. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.
© 2026 Toronto Regional Real Estate Board. All rights reserved.
HouseIndex Take: 23 Roycrest Avenue
This detached (Bungalow) is located in the Lansing-Westgate neighbourhood of Toronto.
The home offers 9+4 bedrooms, 2 bathrooms.
Features include a apartment basement, 16 parking spaces including a 1-car garage.
Additional details: lot dimensions of 31.08 × 489 feet.
Listed at $2,388,000 CAD with annual property taxes of $11,191 (2025).
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How this listing compares in Lansing-Westgate
Based on 40 publicly displayed, eligible Detached listings in Lansing-Westgate, Toronto C07: sales from $1M CAD. These are asking-market observations, not sold valuations or all neighbourhood homes.
- Median reported days on market (5 listings)
- 3 days
Only reported numeric living areas explicitly measured in square feet are used for the area comparison; ranges and unknown units are excluded. Each statistic requires at least five observations. Updates may be cached for up to one hour; feed changes may lag. Ask for a property-specific comparison before making a decision.
About Toronto Real Estate
This Detached is located in the Lansing-Westgate community in Toronto. Toronto is Canada's largest city and the economic hub of the Greater Toronto Area. With world-class transit, diverse neighbourhoods from the Annex to Scarborough, and proximity to major employers in the Financial District, it remains the most sought-after real estate market in Ontario. Buyers benefit from extensive GO Transit and TTC subway connectivity. Detached homes in Toronto are in high demand among families seeking space, privacy, and long-term equity growth.