Introducing 78 Arjay Crescent, a remarkable property in one of the most sought-after areas. This residence boasts stunning views of the ravine, Rosedale Golf Club, and the vibrant city skyline. The lot's unique L-shape widens to an impressive 187 feet at the rear, unlocking exceptional development potential. Whether you decide to move in, renovate the existing bungalow, or build your dream home, you are in a prime position. All necessary permits and paperwork for new construction are already secured, allowing you to start right away. The future home will be a seamless blend of modern design and tranquil living, offering expansive spaces with 6+2 bedrooms, a main-floor office, and a lower level designed for entertainment, featuring a home theater, gym, recreation room, and ample storage. The double-height family room leads directly to a spacious patio overlooking the ravine, complete with a luxurious pool and cabana, perfect for both relaxation and hosting. Additionally, this property offers underground parking for up to 10 cars, providing unmatched convenience. Located just minutes from elite private schools, the Granite Club, and a vibrant array of shops and dining options, this opportunity is truly exceptional. Don't miss your chance to secure this incredible property!