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SaleInvestment

18 Shorncliffe Avenue

Toronto C02, ON M4V 1T1

Price

$3,750,000

Building Size

4,800 sq ft

Lot: 3,670 sq ft

MLS# C13144392 | Listed by ROYAL LEPAGE REAL ESTATE SERVICES LTD.

Business Details

Business Type

Apts - 2 To 5 Units

Property Use

Apartment

Franchise

No

Commercial Space & Financials

Office / Apt Area

4,800 sq ft

Taxes (Annual)

$9,100.31

Industrial Specifications

Parking

3 spaces (Other)

Lot Size

45.1' × 79.5'

Structure

Freestanding

Property Description

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 over three storeys plus a finished 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. Full financial statements available. Some images may be virtually staged.

Price & Status History

Price history is locked

Location

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18 Shorncliffe Avenue, Toronto C02 M4V 1T1

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Listing Courtesy of: ROYAL LEPAGE REAL ESTATE SERVICES LTD.

This listing is provided through the TRREB MLS® System. Contact the listing brokerage for more information.

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