For Sale - 18 Shorncliffe Avenue, Toronto, Ontario

Est payment $18,007/mo
Views   4
Time on Jump  153 day
  • Legal five-unit residence generating strong rental income in Forest Hill South.
  • Approximately 4,800 square feet across three stories with five self-contained suites.
  • Several recently renovated suites with updated flooring, lighting, and stainless appliances.
  • Separate hydro meters for tenant-paid electricity and shared coin-operated laundry.
  • Close to top-ranked schools, parks, transit, and Forest Hill Village amenities.



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.
Listing IDC13144392
Address18 Shorncliffe Avenue
CityToronto, Ontario
Price$3,750,000
Bath6 Full
StyleInvestment
Land Size3670
TypeIndustrial/Commercial
StatusFor Sale
Subtype InvestmentBasement 1Heating / Cooling Gas Hot WaterSewer Sanitary
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Listing Brokerage: ROYAL LEPAGE REAL ESTATE SERVICES LTD.

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