**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
Property Sub Type:
Detached
Home Style:
Bungalow
Total Approx Floor Area:
1100-1500
Lot Depth:
489'149 m
Lot Frontage:
31'1"9.47 m
Lot Shape:
Irregular
Direction Faces:
West
Bedrooms:
5+4
Bathrooms:
2.0
Water supply:
Municipal
Kitchens:
2
Kitchens in Basement:
1
Bedrooms Above Grade:
5
Bedrooms Below Grade:
4
Kitchens Above Grade:
1
Rooms Above Grade:
7
Rooms Below Grade:
5
Heating type:
Forced Air
Heating Fuel:
Gas
Foundation:
Concrete Block
Roof:
Shingles
Basement:
Apartment
Fireplace/Stove:
No
Garage:
Detached
Garage Spaces:
1.0
Parking Spaces:
15
Total Parking Spaces:
16.0
Family Room:
No
Pool:
None
Link:
No
HST Applicable To Sale Price:
Included In
Assessment Year:
2025
Taxes:
$11,191 /
2025
Assessment:
$- /
2025
Toronto
Toronto C07
Lansing-Westgate
Carpet Free, In-Law Suite, Accessory Apartment
hotwater tank
All existing electrical light fixtures, window coverings, refrigerator(s), stove(s), range hood(s), dishwasher(s), washer(s), dryer(s), and all existing fixtures and appliances, where applicable. All items are included in "As-Is, Where-Is" condition, with no representations or warranties by the Seller.
Data was last updated November 2, 2026 at 02:15 PM (UTC)
Area Statistics
Listings on market:
44
Avg list price:
$1,987,500
Min list price:
$890,000
Max list price:
$12,995,000
Avg days on market:
35
Min days on market:
2
Max days on market:
335
These statistics are generated based on the current listing's property type
and located in
Lansing-Westgate. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate of the type being offered via the website.
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of the PropTx MLS®. The data is deemed reliable but is not guaranteed to be accurate.