Prime Lot on Prestigious Elmhurst! Rare opportunity to acquire an exceptionally beautiful 40x117 ft lot on one of North York's most desirable, tree-lined streets, surrounded by million dollar custom homes. This premium property offers outstanding redevelopment potential in a high-demand location known for luxury new builds. The existing 1-storey detached home features 2 bedrooms and 3 bathrooms and is currently livable, offering flexibility for end-users, renovators, or builders planning a future custom residence. The main floor offers comfortable living space with large windows and walk-out to the backyard, while the upper level includes two bedrooms. The basement offers 3 partially finished rooms with a laundry/bath combo, suitable for storage and utility use. The backyard is deep, private, and beautifully treed, featuring mature landscaping, multiple deck levels, and a serene outdoor setting that highlights the exceptional depth and usability of the lot. Backing onto a park, the property offers rare privacy and a natural backdrop seldom found in this area. Set on a quiet street with strong curb appeal, the property's true value lies in the lot, location, privacy, and surrounding streetscape. An ideal opportunity for builders, investors, or buyers looking to design and build a custom home among established luxury residences. Located in a sought-after North York neighbourhood close to parks, schools, transit, and major amenities. A rare chance to secure premium land in a prestigious enclave where new homes command top market value.