RARE RAVINE BACKED INVESTMENT amp ; DEVELOPMENT OPPORTUNITY IN PRIME NORTH YORK !
23 Roycrest Avenue
Toronto C07 M2N 1R1
Canada
Listing
| Web ID: | 5830609 |
|---|---|
| Website: | https://www.nestseekers.com/5830609 |
Property
| Ownership: | For Sale |
|---|---|
| Type: | Unknown |
| Bedrooms: | 9 BR |
| Bathrooms: | 2 |
Financials
Price:C2,388,000
($1,709,900)
(€1,531,300)
Annual Taxes:C11,191
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!**
Amenities
- Accessory Apartment
- Carpet Free
- In-Law Suite
