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Renanza Realty
For sale

18 SHORNCLIFFE AVENUE

Toronto (Casa Loma), Ontario

MLS® C13144390

$3,750,000

Status
Active
Property type
Multi-family
MLS® number
C13144390
Bedrooms
7
Bathrooms
6
Year built

Listing description

Legal five-unit residence in Forest Hill South, on a quiet corner at Spadina Road and steps to Forest Hill Village. Fully tenanted and generating strong in-place income across five self-contained, separately metered suites. Approximately 4,800 square feet above grade over three storeys plus a finished lower level, arranged as a two-bedroom main-floor suite with walk-out to a private landscaped garden, a one-bedroom lower suite with separate entrance, and three upper apartments.

Several suites have been recently renovated with new flooring, lighting, fixtures and stainless appliances. The significant capital work is already complete: comprehensive rewiring, copper plumbing upgrades and replacement windows between 2013 and 2015, together with a gas-fired boiler and air conditioning installed in 2014. Five hydro meters allow tenant-paid electricity.

Separate laundry serves the main and lower suites; the upper apartments share coin-operated laundry. Three parking spaces including an attached garage. A rare income holding in one of Toronto's most established residential pockets, minutes to top-ranked schools, parks, transit, and the shops and restaurants of Forest Hill Village.

Full financial statements available. Some images may be virtually staged.

Property summary

MLS® number
C13144390
Property type
Multi-family
Building type
Other
Land size
45.1 x 79.5 FT
Annual property taxes
$9,100.31
Parking
3 spaces · Attached Garage, Garage
Days on market
121 days

Features & details

Heating
Radiant heat, Natural gas
Cooling
Wall unit
Basement
Finished, Full, Apartment in basement, Separate entrance, Walk out, N/A, N/A, N/A
Flooring
Hardwood
Appliances
Water meter, Oven - Built-In, Window Coverings, Garage door opener remote(s), Water Heater
Exterior features
Brick
Lot features
Ravine

What would this home cost you?

Based on the $3,750,000 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$17,448 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.

Listing courtesy of ROYAL LEPAGE REAL ESTATE SERVICES LTD., TORONTO.

The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.