23 Roycrest Avenue, Toronto, ON

Lansing-Westgate, Toronto · MLS® C14135216

$2,388,000
For Sale
Listed 10 Days Ago
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5+4BedroomsBeds
2BathroomsBaths
1Garage
1100-1500Sq ft

Listed By Homenet Realty Inc.

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Key Facts

Property type
Detached, Bungalow
Lot
31.08 × 489 ft
Basement
Apartment
Parking
1 garage (detached)
Property tax
$11,191 / 2025
Offer date
None stated
Cross streets
Young/Sheppard
Days on market
10
All Facts And 5 Rooms, Floor By Floor
Property type
Detached, Bungalow
MLS®
C14135216
Bedrooms
5+4 (9 total)
Bathrooms
2
Size
1100-1500 sq ft
Lot
31.08 × 489 ft
Cross streets
Young/Sheppard
Parking
1 garage (detached)
Basement
Apartment
Kitchens
2 (1 + 1)
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete Block
Roof
Shingles
Sewer
Sewer
Property tax
$11,191 / 2025
Days on market
10
Offer date
None stated
Listing brokerage
Homenet Realty Inc.
Bedroom 3Main4.00 × 3.39 m
KitchenMain4.35 × 3.45 m
Bedroom 4Main3.45 × 2.75 m
Bedroom 2Main3.25 × 3.20 m
Primary BedroomMain4.80 × 4.40 m

About This Home

From The Listing Description By Homenet Realty Inc.

In short

  • 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...
  • Ideal for luxury custom home buyers, builders and developers looking to explore a magnificent custom estate, multi-unit residential development or purpose-built...
Read The Full 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!**

Our Take

Team Asgarian, RE/MAX Hallmark Realty Ltd.
No automatic estimate

This is a rare parcel: about 0.35 acres. Comparable-sales math works on size and bedrooms, and here the lot is what is being sold, so no automatic estimate is shown. Homes on lots this size in Lansing-Westgate have sold between $1.13M and $3.60M over the last two years (12 sales).

Considering this property? Request a written price read

Its public catchment (Cameron Public School) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.

Sold Price Trend

Median sold price for detached homes in Toronto: $1.25M in October 2026, up 2% from a year ago, on 7,374 closings in 12 months.

Nov 25Oct 26

Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month. Toronto as a whole: the neighbourhood alone has too few closings for a line of its own.

Month by month
MonthMedian soldClosings
November 2025$1.21M601
December 2025$1.14M385
January 2026$1.20M287
February 2026$1.21M459
March 2026$1.33M583
April 2026$1.30M784
May 2026$1.30M868
June 2026$1.25M778
July 2026$1.17M685
August 2026$1.19M553
September 2026$1.19M680
October 2026$1.25M711

Own A Home Nearby?

Discuss your home's value and your selling plans with Team Asgarian. Free, with no obligation to list.

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Our Transactions Near This Listing

Homes Team Asgarian has handled within 2 km of Roycrest Avenue. Signed-in members see each price, verified against board records.

Other Homes For Sale In Lansing-Westgate

For sale in Lansing-Westgate now · asking prices

How This Price Compares

$2.55Mavg asking

Every home like this one for sale in Lansing-Westgate right now. These are asking prices, not sales.

Per square foot, these ask about $941/sqft; this home lists at $1,837/sqft.

The 5 closest in price of 25 for sale in Lansing-Westgate.

See all comparable homes

Neighbourhood & Location

Lansing-Westgate, Toronto, ON

Commute

Time from this home to where you spend your day

Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.

Get The Full Neighbourhood Report (Schools, Parks, Transit & Safety) →

Schools & Catchment

The public and Catholic schools this address is zoned for, with EQAO results (the share of students meeting Ontario's provincial standard).

School attendance boundaries and EQAO results are Ontario government data and can change. Confirm the current catchment with the school board before relying on it.

Street view near Cameron Public School
81%
Cameron Public SchoolPublic · Elementary · 0.7 km awayAbove the GTA average · 81% meet the provincial standard
Also nearby: 12 more schools within 2.5 km
Churchill Public School · Public elementary1.4 km · 83% at standard
St Robert Catholic School · Catholic elementary1.6 km · 74% at standard
Cardinal Carter Academy for the Arts · Catholic secondary1.6 km · 92% at standard
Cardinal Carter ES · Catholic elementary1.7 km
Yorkview Public School · Public elementary1.7 km · 52% at standard
Dublin Heights Elementary and Middle School · Public elementary1.8 km · 68% at standard
Claude Watson School for the Arts · Public elementary1.8 km · 96% at standard
Summit Heights Public School · Public elementary1.9 km · 85% at standard
Armour Heights Public School · Public elementary2.0 km · 70% at standard
St Antoine Daniel Catholic School · Catholic elementary2.1 km · 58% at standard
Earl Haig Secondary School · Public secondary2.2 km · 90% at standard
McKee Public School · Public elementary2.3 km · 86% at standard

Not the assigned catchment: schools a family here could reach, with EQAO results where published.

Affordability & Mortgage

Estimated Mortgage
$10,884/mo
$447KIncome needed
5.3×Price ÷ income
$2,512Weekly cost
$92,350Land transfer tax, one-time (Ontario + Toronto)
20% down4.79% reference rate25-yr amortization

Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.

92%Mortgage
Mortgage is 92% of the monthly costMortgage $10,884Property tax $933Total carry $11,816
Calculate And Customize Your Mortgage

Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.

Your numbers

$
20.0%
$
%

Homes over $1.5M can't be insured, so 20% down or more is required.

4.59%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.44% via Ratehub.ca (as of November 11, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$10,669per month

Mortgage amount $1,910,400 · 4.59% over 25 years

$477,600Down payment (20.0%)
$1,910,400Loan before insurance
$0CMHC premium
$11,602Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$10,669
Property tax
$933
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$11,602

Add your own property tax, condo fees, and heating on the left for a sharper total.

One-time closing costs

Ontario land transfer tax
$46,175
Toronto municipal land transfer tax
$46,175
Estimated closing costs
$92,350

Plus your down payment of $477,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.59%Qualifying rate
$12,901/monthPayment at the qualifying rate

Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.

Over the full 25 years

$1,290,402Total interest paid
$3,200,802Total of all payments
Principal $1,910,400 Interest $1,290,402
YearPrincipalInterestBalance
1$42,041$85,992$1,868,359
2$43,992$84,040$1,824,367
3$46,035$81,997$1,778,332
4$48,172$79,860$1,730,160
5$50,409$77,624$1,679,752
6$52,749$75,283$1,627,003
7$55,198$72,834$1,571,805
8$57,760$70,272$1,514,045
9$60,442$67,590$1,453,603
10$63,248$64,784$1,390,354
11$66,185$61,848$1,324,170
12$69,257$58,775$1,254,912
13$72,473$55,559$1,182,440
14$75,837$52,195$1,106,602
15$79,358$48,674$1,027,244
16$83,043$44,989$944,202
17$86,898$41,134$857,304
18$90,932$37,100$766,371
19$95,154$32,878$671,217
20$99,572$28,460$571,645
21$104,195$23,838$467,451
22$109,032$19,000$358,419
23$114,094$13,938$244,325
24$119,391$8,641$124,934
25$124,934$3,098$0

At the end of your 5-year term

Total paid over the term
$640,160
Principal paid down
$230,648
Interest paid
$409,512
Balance remaining
$1,679,752

Talk to Team Asgarian about your options

Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.

Book a Consultation

Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.

Questions About 23 Roycrest Avenue

What is the asking price for 23 Roycrest Avenue?

It is listed at $2,388,000.

How many bedrooms and bathrooms does 23 Roycrest Avenue have?

5+4 bedrooms, and 2 bathrooms.

How big is 23 Roycrest Avenue?

The listing gives 1100-1500 sq ft of living space, on a 31.08 × 489 ft lot.

Does 23 Roycrest Avenue have parking?

1 garage space.

What are the property taxes on 23 Roycrest Avenue?

$11,191 a year, for 2025.

Is there an offer date for 23 Roycrest Avenue?

The listing does not state an offer date.

Which schools is 23 Roycrest Avenue zoned for?

By the school boards' attendance boundaries: Cameron Public School, Willowdale Middle School, Northview Heights Secondary School and St. Edward. Boundaries change, so confirm with the board before relying on it.

When was 23 Roycrest Avenue listed?

It came on the market on October 31, 2026.

Who is the listing brokerage for 23 Roycrest Avenue?

Homenet Realty Inc. Showing requests on this page go to Team Asgarian, RE/MAX Hallmark Realty Ltd.

How can I request a showing of 23 Roycrest Avenue?

Send a showing request with your phone number, or call (416) 837-8000. Team Asgarian will call you to confirm a time.

Can Team Asgarian represent me as the buyer?

Yes, if you are not already working with another agent. We talk it through on the call before anything is signed.

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of Homenet Realty Inc. MLS®/PropTx.

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23 ROYCREST AVENUE, TORONTO, ON · Listed By Homenet Realty Inc.

Your request goes to Team Asgarian, RE/MAX Hallmark Realty Ltd. We'll call to discuss your request and confirm a time.

Top 1% of agents in Canada · 5.0 / 300+ reviews across the web

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Discuss Your Home's Value

With Team Asgarian, RE/MAX Hallmark Realty Ltd

Tell us where your home is. We'll call to talk through its value and your selling plans, free and with no obligation to list.

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