Gurvinder Nokwal REALTOR®
For Sale Multiplex 152 days on market

$3,750,000

Est. payment $16,604/moCalculate yours

18 Shorncliffe Avenue, Toronto, ON M4V 1T1

Casa Loma, Toronto, ON M4V 1T1

  • 6 + 1 Beds
  • 6 Baths
  • 1 Garage
  • 3,500 Sq Ft

Listing courtesy of ROYAL LEPAGE REAL ESTATE SERVICES LTD. MLS® C13144390

About this home

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

Overview

Property Type
Multiplex
Style
3-Storey
For
For Sale
Status
Extension
Size
3,500 sqft

Interior

Bedrooms
6 + 1
Bathrooms
6
Kitchens
5
Total Rooms
18
Basement
Apartment, Finished with Walk-Out, Separate Entrance, Full, Walk-Out, Finished

Building & Systems

Heating
Radiant (Gas)
Cooling
Wall Unit(s)
Exterior
Brick
Foundation
Stone
Roof
Flat, Shingles
Water
Municipal
Sewer
Sewer

Lot & Parking

Lot Size
45.1 x 79.5 Feet
Parking
Attached garage · 3 total
Zoning
RD(f6.0;d0.35*1404)

Financial

Property Taxes
$9,100 (2026)

Location

Neighbourhood
Casa Loma
Cross Street
Spadina & St Clair
Direction Faces
North

Listing

MLS® Number
C13144390
Days on Market
152
Listed On
2026-05-19
Possession
Flexible 60-89 days. Purchaser assumes all tenancies. Sept 1 closing OK.
Listed By
ROYAL LEPAGE REAL ESTATE SERVICES LTD.

Rooms

Room Level Dimensions
Kitchen Main 11′ 2″ × 17′ 0″
Living Room Main 11′ 6″ × 15′ 9″
Foyer Main 5′ 11″ × 24′ 5″
Primary Bedroom Main 11′ 1″ × 14′ 0″
Dining Room Main 11′ 2″ × 15′ 5″
Laundry Lower 7′ 7″ × 7′ 0″
Bedroom 2 Main 13′ 1″ × 10′ 0″
Bathroom Main 9′ 2″ × 7′ 8″

Features

Interior

  • Accessory Apartment
  • Auto Garage Door Remote
  • Built-In Oven
  • ERV/HRV
  • Separate Heating Controls
  • Separate Hydro Meter
  • Storage
  • Water Heater
  • Water Meter

Property

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

Pool

  • None
Included
All existing light fixtures, window coverings, appliances belonging to the seller, boiler system, supplemental HVAC equipment, ductless A/C units, coin-operated laundry equipment, and all permanent fixtures attached to the property not otherwise excluded.
Excluded
Tenant-owned belongings and appliances, if any. Any staging items.
Rental items
Water Heater - Reliance Approx $125.60 / month.

Mortgage calculator

Minimum for this price: $750,000 (20%)

Amortization, years

Estimated mortgage payment

$16,604 per month

Principal and interest
$16,604
Property tax
$758
Estimated monthly cost
$17,363

Your mortgage

Mortgage amount
$3,000,000
Mortgage insurance
Not needed
Interest over 25 years
$1,981,257

Cash to close

Down payment
$750,000
Land transfer tax (Ontario + Toronto)
$167,950
Total, before legal fees
$917,950
Talk to me about financing

Estimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.

Location

18 Shorncliffe Avenue, Toronto, ON M4V 1T1 Casa Loma, Toronto, ON M4V 1T1
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Listing data is provided under license and deemed reliable but not guaranteed. MLS®, Multiple Listing Service® and associated logos are trademarks of The Canadian Real Estate Association (CREA).

$3,750,000 18 Shorncliffe Avenue, Toronto, ON M4V 1T1
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