18 Shorncliffe Avenue, Toronto C02, ON

$3,750,000

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6

Baths

About 18 Shorncliffe Avenue

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.

Features of 18 Shorncliffe Avenue

MLS® # C13144392
Price $3,750,000
Bathrooms 6.00
Type Commercial
Sub-Type Investment
Status Active

Community Information

Address 18 Shorncliffe Avenue
Area Toronto
Subdivision Casa Loma
City Toronto C02
Province ON
Postal Code M4V 1T1

Amenities

Parking Spaces 3
Garages Other
Is Waterfront No

Interior

Heating Gas Hot Water
Cooling Yes
Fireplace No

Listing Details

OfficeROYAL LEPAGE REAL ESTATE SERVICES LTD.

Listing Map

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