48 Silvergrove Road
Exceptional Home
with a Bigger Vision

Exceptional Single Family Living, in Beautiful Condition

With the simple removal of one non-structural wall, this home can be seamlessly restored to an elegant single-family residence, offering an exceptional opportunity to create a grand, luxury retreat in one of the area’s most coveted ravine settings. Envision a thoughtfully designed 7,077 square feet, with generous proportions and a flowing floor plan that accommodates every facet of refined living, an executive home office, a private library, an inviting bar and coffee lounge or family room anchored by a fireplace, formal living and dining rooms for entertaining. Windows and 8 walk-outs frame serene ravine views on all sides, immersing the home in natural beauty and privacy year-round. Whether enjoyed as a sophisticated family residence or a long-term custom build opportunity, this property offers a rare canvas to create a truly exceptional estate-like home in a setting that feels both tranquil and prestigious.

Your Home with Built-in Income Opportunities

The current layout offers an exceptional flexibility of 3 self-contained suites, perfect for multigenerational residence or as separate rental apartments — each with its own private entrance and walkouts to enjoy surrounding ravine nature and yard space. This rare configuration allows owners to live beautifully in one substantial residence while generating meaningful rental income from the other units providing flexibility, financial leverage, and long-term security.

As a multi-generational residence, extended family members benefit from the privacy of their own suite, yet easy connections with loved ones. Enjoy the primary suite as a luxurious and expansive primary residence for yourself while main floor suite would be perfect for seniors/in-laws without need to climb stairs, and the ground floor suite would be perfect for active young adults or another relative’s family. Alternatively, live in one suite and rent other 2 suites to generate attractive income to pay for mortgage and future expansion/rebuild. Whether you choose to enjoy the property in its current multi-unit configuration, create a bespoke single-family estate over time, or explore future expansion plans, this home offers the rare ability to live well today while thoughtfully planning for tomorrow. Collect income, settle into the lifestyle, and take your time envisioning the next chapter. This is a property that supports both immediate comfort and long-term ambition.

Luxury Living with Built-in Income Potential

The primary suite is generously proportioned and thoughtfully configured, currently offering a 4 bedroom layout and 2 washrooms on the second floor with large primary bedroom and master ensuite. Abundant living space, natural light, and seamless flow for everyday living and walk out to all around roof top entertaining and gym. This private retreat allows you to settle in a comfortable lifestyle, with room to grow, host, and create spaces tailored to your needs.

In-Law Suite or Built-in Income From Luxury Renters

Beyond the primary living quarters, the home is intelligently arranged with another luxury living suite on one level. Making this property uniquely suited for multigenerational living, seniors or in-law suites, or strategic income opportunities. This suite offers expansive main floor living with no stairs, two bedrooms, family/office den, formal living and dining and large kitchen. Walkouts from all sides with abundance of light and the outdoor natural beaming in.

For Extended Families Or Renters

This additional ground level features up to six bedrooms, 2 washrooms, sauna, with large living space, full kitchen, dining, and 2 additional walkouts to the serene ravine setting, offering a peaceful and private environment for extended family, Multi-generational families, or tenants alike. Tenants are attracted due to vicinity to Yonge subway line to go downtown Toronto, prestigious North York neighbourhood and large employers in North York, Easy access to highway 401 to go north and east Toronto, etc.

The Neighbourhood


York Mills is one of Toronto’s most affluent neighbourhoods. Its mills are long gone replaced by shining office towers and luxury condominiums. Its main arterial roadways including Yonge Street and Bayview Avenue – which were once impassable by car, now serve as major roadways to and from the city core. Yet, despite all these changes York Mills has managed to maintain a peaceful tranquility and natural beauty that has helped make it one of Toronto’s most desirable neighbourhoods.

From neighbourhoodguide.com