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$2,388,000
Status: For Sale
**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 Type | :Residential Freehold |
|---|---|
| MLS Number | :C14135216 |
| Listing Type | :Sale |
| Possession Date | : |
| Last Updated | :31 Oct, 2026 (1 Day ago) |
| Source | :Toronto Regional Real Estate Board |
| Area | :Toronto |
|---|---|
| Postal Code | :
M2N 1R1
|
| Price | : $2,388,000 |
|---|---|
| Property Taxes | :$11191.0 |
| Tax Year | :2025 |
|---|
| Bedrooms | :5 + 4 |
|---|---|
| No. of Rooms | :7 |
| Air Conditioning | :Central Air |
| Heating | :Forced Air |
| Cross Street | :Young/Sheppard |
| Bathrooms | :2 |
|---|---|
| Fuel | :Gas |
| Approx Square Footage | :1100-1500 sqft |
| Fireplace/Stove | :No |
| Bedroom 3 | :4.0 m x 3.39 m |
|---|---|
| Bedroom 4 | :3.45 m x 2.75 m |
| Primary Bedroom | :4.8 m x 4.4 m |
| Kitchen | :4.35 m x 3.45 m |
|---|---|
| Bedroom 2 | :3.25 m x 3.2 m |
| Exterior Finish | :Brick |
|---|---|
| Parking Space | :16 |
| Basement | :Apartment |
| Garage | :Detached |
|---|
31 Oct, 2026
TREB #C14135216
Listed
$2388000.0
