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For saleMLS® C13144392

18 Shorncliffe Avenue, Toronto, ON M4V 1T1

Casa Loma · C02 · M4V 1T1

$3,750,000

$775 / sq ft

5 months on market

Bathrooms
6
Total area
4,839 sf
Lot
45.1 × 79.5 ft
Age
100+ years

What's special

  • Yes

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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

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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.

$885KMedian $2.70M$8.22M
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

Down payment20.0% · minimum $750,000
$750,000
Interest rate5-year fixed, illustrative only
4.49%
Amortization
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.

$3,750,000

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