18 Shorncliffe Avenue, Toronto, ON M4V 1T1

$3,750,000
7
BD
6
BA
3,500
SqFt

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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

Rare opportunity in Forest Hill South to own a substantial residence offering both exceptional living space and income-generating flexibility. Situated on a quiet residential street just steps to Forest Hill Village, this property provides a unique blend of lifestyle and long-term value.Currently configured as a legal five-unit residence and fully tenanted, the property offers strong in-place income together with exceptional future flexibility. The main residence offers a house-like experience with generous principal rooms, multiple bedrooms, and direct access to a private landscaped backyard. Thoughtfully laid out, it is ideal for those seeking space, privacy, and the character of a classic Forest Hill home.Several units have been recently renovated, contributing to strong in-place income and overall quality throughout the property. In addition to the principal residence, the property includes several self-contained suites, providing the opportunity to generate supplementary income or accommodate a variety of ownership objectives.The property has also undergone extensive capital improvements to mechanical systems, including comprehensive rewiring, copper plumbing upgrades, replacement windows, and numerous custom finish details throughout the main and lower levels.Ideally located near top-ranked schools, parks, transit, and the shops and restaurants of Forest Hill Village. Property is currently fully tenanted and generating rental income. Some images may be virtually staged.

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

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Listing courtesy of ROYAL LEPAGE REAL ESTATE SERVICES LTD..