Listed for:Listed May 19, 2026
$3,750,000

18 Shorncliffe Avenue

Toronto (Casa Loma), ON M4V 1T1

Multiplex For Sale
Kim Karimi
Kim Karimi

Real Estate Broker

416-838-3031
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Sale & Price History for 18 Shorncliffe Avenue, Toronto, Casa Loma

No listing history available

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About 18 Shorncliffe Avenue, Toronto, Casa Loma

Summarized Description

  • Rare opportunity in Forest Hill South.
  • Substantial residence with income-generating flexibility.
  • Private landscaped backyard ideal for families.
  • Multiple self-contained suites for extra income.
  • Recently renovated units enhance overall quality.
  • Extensive capital improvements to mechanical systems.
  • Located near top-ranked schools and parks.
  • Quiet residential street steps from Forest Hill Village.

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.

Key Facts & Features

Property Costs

Annual Property Tax Amount
$9,100
Land Transfer Tax Fee
$167,950

Rental Items

Rental Equipment
Water Heater - Reliance Approx $125.60 / month.

Basement Type
Apartment, Finished with Walk-Out, Separate Entrance, Full, Walk-Out, Finished

Interior Features

Laundry Level
Lower Level
Interior Extras
Accessory Apartment, Auto Garage Door Remote, Built-In Oven, ERV/HRV, Guest Accommodations, In-Law Capability, In-Law Suite, Primary Bedroom - Main Floor, Separate Heating Controls, Separate Hydro Meter, Storage, Water Heater, Water Meter
Fireplace/Stove
Yes
Elevator
No

Exterior Features

Pool
None
Property Features
Arts Centre, Park, Place Of Worship, Public Transit, Ravine, School

Building

Building Type
Multiplex
Building Style
3-Storey

Construction

Exterior Finish
Brick
Roof
Flat, Shingles
Foundation Details
Stone
Special Designation
Unknown

Lot

Lot Front
45.10 ft
Lot Depth
79.50 ft
Lot Size
3670
Lot Size Code
45.10 x 79.50 Feet

Inclusions

Inclusions
All existing light fixtures, window coverings, appliances belonging to the seller, boiler system, supplemental HVAC equipment, ductless A/C units, coin-operated laundry equipment, and all permanent fixtures attached to the property not otherwise excluded.

Exclusions

Exclusions
Tenant-owned belongings and appliances, if any. Any staging items.

Parking & Garages

Garage Type
Attached
Garage Spaces
1
Parking Spaces
2
Total Garage And Parking Spaces
3

Heating & Cooling

Heat Source
Gas
Heat Type
Radiant
Air Conditioning
Wall Unit(s)
Water
Municipal
Sewers
Sewer

Bedrooms
6 + 1
Washrooms
6
Kitchens
5
Family / bonus room
Yes

Room sizes

  • Living Room3.50 x 4.81
    Main level, Fireplace, Bay Window, Hardwood Floor
  • Foyer1.80 x 7.43
    Main level, Hardwood Floor
  • Dining Room3.40 x 4.69
    Main level, Hardwood Floor
  • Kitchen3.40 x 5.18
    Main level, Hardwood Floor
  • Primary Bedroom3.38 x 4.26
    Main level, Hardwood Floor, W/O To Deck
  • Bedroom 23.99 x 3.04
    Main level, Hardwood Floor, Ensuite Bath, Stone Counters
  • Bathroom2.80 x 2.34
    Main level, 4 Pc Bath, Stone Counters
  • Bedroom 33.41 x 5.88
    Lower level, Large Closet
  • Bedroom 43.41 x 3.56
    Lower level, Large Window
  • Bedroom 53.35 x 3.20
    Lower level, Stone Counters
  • Room3.96 x 4.38
    Lower level, Stone Counters
  • Laundry2.31 x 2.13
    Lower level

Washrooms

  • 5-piece, Lower
  • 4-piece, Main
  • 2-piece, Main
  • 4-piece, Second
  • 4-piece, Third

Area
Toronto C03
Municipality
Toronto
Neighbourhood
Casa Loma
Main cross streets
Spadina & St Clair
Zoning
RD(f15;d0.35*1404)
Directions
Spadina & St Clair

MLS® number
C13144390
Data source
Toronto Regional Real Estate Board
Listed on
2026-05-19
Updated on
2026-10-01
Days on market
153 days
Possession date
2026-09-01
Possession type
60-89 days
Co-op commission
2.0%
Seller
Listed by
ROYAL LEPAGE REAL ESTATE SERVICES LTD.

Home Market Value

Current home valuation for 18 Shorncliffe Avenue, Toronto, Casa Loma, Toronto, ON. Listed for $3,750,000

HOMEH Estimate

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Estimated Sales Range

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HOMEH Estimate for 18 Shorncliffe Avenue, Toronto, Casa Loma

Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.

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Minimum down payment

$750,000

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
$
%
$
%
$
%
$
+CMHC insurance
$0$0$0$0
=Total mortgage
$3,000,000$2,812,500$2,625,000$2,437,500
Amortization
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%
%
%
%
Payment frequency
=Mortgage payment
$14,648monthly$13,732monthly$12,817monthly$11,901monthly
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Land Transfer Tax

Provincial

$80,225

Municipal (Toronto)

$87,725

Total Land Transfer Tax

$167,950

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