Welcome to 27 Carriage Lane - a truly magnificent custom-built executive home featuring 5 bedrooms and 5 bathrooms, sitting on the largest lot on the street and backing onto a serene ravine and park for ultimate privacy. Nestled on a quiet, prestigious cul-de-sac in one of North York's most sought-after Newtonbrook communities, this rare offering is close to top-rated schools, TTC transit, shopping, restaurants, and every amenity your family needs. Offering over 5,000 sq ft of luxurious, meticulously crafted living space, the home welcomes you with a breathtaking 18-ft skylit foyer, gleaming marble flooring, rich hardwood floors throughout the main level, elegant crown moulding, and a stunning marble gas fireplace that anchors the living area with warmth and sophistication. The gourmet kitchen impresses with granite countertops, a large centre island, and premium finishes - perfect for entertaining. Five generous bedrooms and five beautifully appointed bathrooms provide exceptional space for the growing family, while a convenient main-floor laundry room with granite counters adds a practical touch of luxury. The fully renovated walk-out basement apartment with private entrance is a standout feature, offering 3 bedrooms and 2 bathrooms and currently generating $3,100/month plus 1/3 utilities. Current tenants are professional occupants, providing a turnkey, worry-free income stream from day one. Tenant may be assumed or vacant possession can be arranged - offering total flexibility for the buyer. Whether you are searching for an extraordinary family home, a multi-generational living solution, or a smart investment with immediate rental income, 27 Carriage Lane delivers on every level. Homes of this calibre, on lots this size and backing onto ravine, rarely come to market. A truly rare opportunity not to be missed.