18 Shorncliffe Avenue, Toronto, ON

$3,750,000
MLS#:C13144390
7 beds
6 baths
3500-5000 sqft
3.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable 3-Storey multiplex located in the coveted neighborhood of Casa Loma. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $3,750,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 7 Bedrooms and 6 Bathrooms with 5 functional kitchens
  • Generous living space spanning 3500-5000 sqft on a premium 45 x 79.5 ft lot
  • Features a apartment, finished with walk-out, separate entrance, full, walk-out, finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 3.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Accessory Apartment, Auto Garage Door Remote, Built-In Oven
  • equipped with wall unit(s) central cooling and highly efficient radiant heating via gas

Description

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. Some images may be virtually staged.

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Key Features

Bedrooms
7
Bathrooms
6
Kitchens
5
Living Area
3500-5000 sqft
Property Type
Residential Freehold

Additional Details

StatusActive
Listed Date5/19/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeMultiplex
Architectural Style3-Storey
ConstructionBrick
BasementApartment, Finished with Walk-Out, Separate Entrance, Full, Walk-Out, Finished
Lot Size45 × 79.5 Feet
CountyToronto
Annual Tax$9,100.31
Legal DescriptionSee Attached

Parking & Garage

Parking Spaces3.0
Garage Spaces2
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeRadiant
CoolingWall Unit(s)

Features

Property Features

Arts Centre, Park, Place Of Worship, Public Transit, Ravine, School

Interior Features

Accessory Apartment, Auto Garage Door Remote, Built-In Oven, ERV/HRV, Guest Accommodations, In-Law Capability, In-Law Suite, Primary Bedroom - Main Floor, Separate Heating Controls, Separate Hydro Meter, Storage, Water Heater, Water Meter

Security Features

Community Features

Location

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18 Shorncliffe Avenue, Toronto, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 18 Shorncliffe Avenue, Toronto C02, ON M4V 1T1

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Toronto.

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Interest Rate5.25%
Down Payment$750,000 (20.0%)
* Minimum Canadian down payment required for this price is $750,000.
Amortization Period25 Years
Estimated Monthly Payment$17,878Based on a loan of $3,000,000 over 25 years.
Purchase Price$3,750,000
Loan Amount$3,000,000
Provincial Land Transfer Tax:$80,225
Toronto Municipal Land Transfer Tax:$80,225
Total Estimated Closing Taxes:$160,450

About Purchasing a Home in Toronto, ON

For a property listed at $3,750,000 in Toronto, the legal minimum down payment is $750,000 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.

Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $80,225 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $80,225 also applies, bringing the total estimated land transfer taxes to $160,450.

Nearby Listings

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Casa Loma, Toronto.

Verified Local Data
City Population2,794,356
City Median Age39.2 Yrs
City Ownership48% Owners
Avg Area List Price$2,777,363

People & Families

Age Distribution

Household Composition

One-person households
32%
Families with children
36%
Couples without children
24%
Other households
8%

Top Ethnic Origins

Chinese11%
English9%
Canadian8%
East Indian8%

Local Schools Guide

Elementary Schools

Holy Rosary
Public354 St. Clair Avenue West, Toronto, Ontario, M5P 2Y1
8.6
Hillcrest
Public44 Hilton Avenue, Toronto, Ontario, M5R 3E6
7.8
Cottingham
PublicCottingham Street, Toronto, Ontario, M4V 1E3
10.0
Huron Street
Public541 Huron Street, Toronto, Ontario, M5R 2R6
5.8
Forest Hill
PublicToronto, Ontario, M5P 2W8
8.3

Secondary Schools

Forest Hill
Public78 Dunloe Road, Toronto, Ontario, M5P 2T6
7.5

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied48%
Rented52%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.