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For saleNew listingMLS® C14135216

23 Roycrest Avenue, Toronto, ON M2N 1R1

Lansing-Westgate · C07 · M2N 1R1

$2,388,000

$2,171 / sq ft

5 days on market

Bedrooms
5+4
Bathrooms
2
Interior
1,100 sf
Parking
16
Lot
31.08 × 489 ft

What's special

  • Detached garage
  • Central air
  • Basement apartment
  • Carpet free
  • In-law suite
  • Accessory apartment

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About this property

**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!**

Rooms

5 rooms. Dimensions as published by the listing brokerage.

Room dimensions and features
RoomLevelDimensionsFeatures
Primary BedroomMain4.80 × 4.40 m15.7 × 14.4 ft—
Bedroom 2Main3.25 × 3.20 m10.7 × 10.5 ft—
Bedroom 3Main4.00 × 3.39 m13.1 × 11.1 ft—
Bedroom 4Main3.45 × 2.75 m11.3 × 9.0 ft—
KitchenMain4.35 × 3.45 m14.3 × 11.3 ft—

Features

  • Carpet Free
  • In-Law Suite
  • Accessory Apartment

Property details

Property

Property type
detached
Bedrooms
5 + 4
Bathrooms
2
Interior size
1,100 sq ft
Lot size
31.08 × 489 ft
Possession
Flexible

Interior

Basement
Apartment
Heating
Forced Air · Gas
Cooling
Central Air
Exposure
West

Exterior & services

Construction
Brick
Garage
Detached
Parking spaces
16
Sewer
Sewer

Costs

List price
$2,388,000
Property taxes
$11,191 / year (2025)
Price per sq ft
$2,171
Rental items
hotwater tank

Listing

MLS® number
C14135216
Status
For sale
Listed
October 31, 2026
Days on market
5
Last updated
October 31, 2026
Listing brokerage
HOMENET REALTY INC.

Price & sale history

This property's sale history is hidden

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Before you make an offer

What this home costs beyond the asking price, and how that price compares to what else is on the market.

How this price compares

This home is priced in line with comparable listings — about 60% of comparable detached listings in Lansing-Westgate are asking less.

$1.27MMedian $2.00M$5.22M
This home
$2,171 / sq ft
Comparable median
$1,125 / sq ft

Based on 43 comparable active detached listings in Lansing-Westgate. These are asking prices, not sale prices.

Mortgage estimate

Down payment20.0% · minimum $477,600
$477,600
Interest rate5-year fixed, illustrative only
4.49%
Amortization
Principal & interest
$10,562.93
Property tax (est.)
$932.58
Estimated monthly
$11,496

Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.

Land transfer tax

Payable on closing, on top of the purchase price.

Ontario
$46,175
Toronto municipal
$46,175
Total due on closing
$92,350

An estimate on the asking price of $2,388,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.

Listing courtesy of HOMENET REALTY INC.. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.

$2,388,000

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Listing courtesy of RE/MAX REALTRON BARRY COHEN HOMES INC.