18 Shorncliffe Avenue, Toronto, ON M4V 1T1
- $3,750,000
- 7
- BD
- 6
- BA
- 3,500
- SqFt
- List Price
- $3,750,000
- MLS#
- C13144390
- Status
- ACTIVE
- Type
- Multifamily
- SubType
- Multiplex
- Style
- 3-Storey
- Bedrooms
- 7
- Bathrooms
- 6
- Living Area
- 3500-5000
- Province
- ON
- Municipality
- Toronto
- Area
- Toronto
- Neighborhood
- Casa Loma
- Subdivision
- Spadina & St Clair
Property 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.
/u.realgeeks.media/nakhlatemp/Logo-min.png){kind=logo}
Additional Information
- Taxes
- $9,100
- Heat Type
- Radiant
- Heat Source
- Gas
- Air Conditioning
- Wall Unit(s)
- Rooms
- 18
- Family Room
- Yes
- Kitchens
- 5
- Exterior
- Brick
- Garage Spaces
- 1
- Garage Type
- Attached
- Pool
- None
- Parking Spaces
- 3
- Parking Type
- Private
Mortgage Calculator
Listing courtesy of ROYAL LEPAGE REAL ESTATE SERVICES LTD..