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For Sale
Just Listed

23 Roycrest Avenue

Lansing-Westgate, Toronto, ON
$2,388,000
5+4Bd
2Ba
1,300+sqft
16Parking
31.08 x 489 ftlot
$1837/sqft
DetachedMLS# C14135216Listed 2026-10-310 DOM
Cooling
Central Air

Just listed! New listings in Toronto often receive offers within the first week.

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!**

RavineCul-de-sacBasement Apt

Rooms

Main Floor
Primary Bedroom4.80 × 4.40 m
Bedroom 23.25 × 3.20 m
Bedroom 34.00 × 3.39 m
Bedroom 43.45 × 2.75 m
Kitchen4.35 × 3.45 m

Features

  • Carpet Free
  • In-Law Suite
  • Accessory Apartment
  • Apartment
  • Central Air
  • Bungalow

Financials

Annual Taxes
$11,191

Estimated Rental Income

Entire property$4,500 – $7,000/mo
Rental yield2.3% – 3.5%

*Estimates based on comparable rentals in the area. Actual income may vary.

Market Data — Toronto

Days on market0 days
Buyer's MarketSeller's Market

Based on active listings in Toronto. Data updates daily.

Demographics — Toronto

Population
2,794,356
Avg Household Income
$102,000
Age Distribution
0-19
19%
20-34
24%
35-49
21%
50-64
19%
65+
17%
Ownership
53% own · 47% rent
EnglishMandarinCantoneseTagalogTamil

MLS® data courtesy of the Toronto Regional Real Estate Board (TRREB).

The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Listing information is deemed reliable but is not guaranteed accurate by the Toronto Regional Real Estate Board, the listing brokerage, or this website. 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. MLS®, Multiple Listing Service®, and the associated logos are owned by CREA. Not intended to solicit properties currently listed for sale or buyers under contract.

$2,388,000
23 Roycrest Avenue, Toronto
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