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Listing photo of 18 SHORNCLIFFE AVENUE

Toronto

Toronto

$3,750,000

18 SHORNCLIFFE AVENUE, Toronto, M4V1T1

MLS Number: C13144390

Beds

7

Baths

6

Listing

For Sale

Type

Freehold

Square Feet

3,500 - 5,000

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 across three storeys and a finished at-grade 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. Some images may be virtually staged.

Location

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18 SHORNCLIFFE AVENUE, Toronto, M4V1T1

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Nearby Schools

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Down Payment

$750,000

Mortgage Amount

$3,000,000

Principal + Interest

$17,346 / mo

5-Year Term Payments

$1,040,758

Estimated Monthly Carrying Cost

$17,996

Includes principal, interest, property tax, condo fees, and heating estimates.

This is a planning estimate only. It excludes mortgage insurance, lender qualification rules, legal fees, insurance, utilities beyond heating, and other closing or ownership costs.

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