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18 Shorncliffe Avenue Toronto, Ontario M4V 1T1

4800 sqft
Fully Air Conditioned Hot Water Radiator Heat, Radiant Heat

$3,750,000

Rare opportunity in Forest Hill South to own a substantial residence offering both exceptional living space and income-generating flexibility. Situated on a quiet residential street just steps to Forest Hill Village, this property provides a unique blend of lifestyle and long-term value.Currently configured as a legal five-unit residence and fully tenanted, the property offers strong in-place income together with exceptional future flexibility. The main residence offers a house-like experience with generous principal rooms, multiple bedrooms, and direct access to a private landscaped backyard. Thoughtfully laid out, it is ideal for those seeking space, privacy, and the character of a classic Forest Hill home.Several units have been recently renovated, contributing to strong in-place income and overall quality throughout the property. In addition to the principal residence, the property includes several self-contained suites, providing the opportunity to generate supplementary income or accommodate a variety of ownership objectives.The property has also undergone extensive capital improvements to mechanical systems, including comprehensive rewiring, copper plumbing upgrades, replacement windows, and numerous custom finish details throughout the main and lower levels.Ideally located near top-ranked schools, parks, transit, and the shops and restaurants of Forest Hill Village.Property is currently fully tenanted and generating rental income. Additional financial information available upon request.Some images may be virtually staged. (id:60365)

Business

BusinessType Residential
BusinessSubType Apartments

Property Details

MLS® Number C13144392
Property Type Multi-family
Community Name Casa Loma
EquipmentType Water Heater
ParkingSpaceTotal 3
RentalEquipmentType Water Heater

Building

Age 100+ Years
Appliances Window Coverings
CoolingType Fully Air Conditioned
HeatingFuel Natural Gas
HeatingType Hot Water Radiator Heat, Radiant Heat
SizeInterior 4800 Sqft
Type Multi-family
UtilityWater Municipal Water

Land

Acreage No
Sewer Sanitary Sewer
SizeDepth 79 Ft ,6 In
SizeFrontage 45 Ft ,1 In
SizeIrregular 45.1 X 79.5 Ft
SizeTotalText 45.1 X 79.5 Ft
ZoningDescription Rd(f15;d0.35*1404)

https://www.realtor.ca/real-estate/29770650/18-shorncliffe-avenue-toronto-casa-loma-casa-loma

Noam Muscovitch
Salesperson


Royal LePage Real Estate Services Ltd.
55 St.clair Avenue West #255
Toronto, Ontario M4V 2Y7

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