18 Shorncliffe Avenue, Toronto, ON M4V 1T1
Casa Loma · C02 · M4V 1T1
$3,750,000
$775 / sq ft5 months on market
- Bathrooms
- 6
- Total area
- 4,839 sf
- Lot
- 45.1 × 79.5 ft
- Age
- 100+ years
What's special
- Yes
About this property
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.
Property details
Property
- Property type
- investment
- Bathrooms
- 6
- Interior size
- 4,839 sq ft
- Year built
- 100+
- Lot size
- 45.1 × 79.5 ft
- Zoning
- RD(f6.0;d0.35*1404)
- Possession
- Flexible 60-89 days. Purchaser assumes all tenancies. Sept 1 closing OK.
Interior
- Heating
- Gas Hot Water
- Cooling
- Yes
Exterior & services
- Garage
- Other
- Sewer
- Sanitary
Costs
- List price
- $3,750,000
- Property taxes
- $9,100 / year (2026)
- Price per sq ft
- $775
- Rental items
- Water Heater - Reliance Approx. $125.60/month
Listing
- MLS® number
- C13144392
- Status
- For sale
- Listed
- May 19, 2026
- Days on market
- 170
- Last updated
- October 1, 2026
- Listing brokerage
- ROYAL LEPAGE REAL ESTATE SERVICES LTD.
Price & sale history
This property's sale history is hidden
TRREB rules require a free account before sold and leased prices can be shown. One registration unlocks full sale history across the site.
Unlock sale history & sold priceFree. Takes about twenty seconds.
Before you make an offer
What this home costs beyond the asking price, and how that price compares to what else is on the market.
How this price compares
This home is priced in line with comparable listings — about 69% of comparable multi-unit / investment listings in Toronto are asking less.
- This home
- $775 / sq ft
- Comparable median
- $699 / sq ft
Based on 96 comparable active multi-unit / investment listings in Toronto. These are asking prices, not sale prices.
Mortgage estimate
- Principal & interest
- $16,587.51
- Property tax (est.)
- $758.36
- Estimated monthly
- $17,346
Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.
Land transfer tax
Payable on closing, on top of the purchase price.
- Ontario
- $80,225
- Toronto municipal
- $87,725
- Total due on closing
- $167,950
An estimate on the asking price of $3,750,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.
Listing courtesy of ROYAL LEPAGE REAL ESTATE SERVICES LTD.. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.
Comparable sales nearby
What similar homes in this area actually sold for.
Nearby sold prices are hidden
Recent closed sales for comparable homes in this area — the numbers that tell you whether the asking price is realistic.
Unlock nearby sold pricesFree. Takes about twenty seconds.