Ken Matsumoto
Sales Representative
A highly successful and experienced real estate agent, Ken has been serving clients in the Greater Toronto Area for almost two decades.
23 Roycrest Avenue, Lansing-Westgate M2N 1R1
Price
$2,388,000
Bedrooms
5 Beds
Bathrooms
2 Baths
Size
1100-1500 sqft
Year Built
Not listed
Property Type
House
Property Taxes
$11191
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!**
Property Dimensions
Main Level
Bedroom 3
Dimensions
4' × 3.39'
Features
Kitchen
Dimensions
4.35' × 3.45'
Features
Bedroom 4
Dimensions
3.45' × 2.75'
Features
Bedroom 2
Dimensions
3.25' × 3.2'
Features
Primary Bedroom
Dimensions
4.8' × 4.4'
Features
All Rooms
Kitchen
Dimensions
4.35' × 3.45'
Features
Primary Bedroom
Dimensions
4.8' × 4.4'
Features
Bedroom 3
Dimensions
4' × 3.39'
Features
Bedroom 4
Dimensions
3.45' × 2.75'
Features
Bedroom 2
Dimensions
3.25' × 3.2'
Features
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The Property Location
Calculate Your Monthly Mortgage Payments
Total Monthly Payment
$10,012 / month
Down Payment Percentage
20.00%
Mortgage Amount (Principal)
$1,910,400
Total Interest Payments
$1,177,878
Total Payment (Principal + Interest)
$3,088,278
Get An Estimate On Selling Your House
Estimated Net Proceeds
$68,000
Realtor Fees
$25,000
Total Selling Costs
$32,000
Sale Price
$500,000
Mortgage Balance
$400,000
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Meet Ken Matsumoto
A highly successful and experienced real estate agent, Ken has been serving clients in the Greater Toronto Area for almost two decades. Born and raised in Toronto, Ken has a passion for helping people find their dream homes and investment properties has been the driving force behind his success. He has a deep understanding of the local real estate market, and his extensive knowledge and experience have earned him a reputation amongst his clients as a trusted and reliable partner when dealing with their real estate needs.
