18 Shorncliffe Ave
Casa Loma, Toronto, Ontario M4V 1T1
- Bedrooms
- 6+1
- Bathrooms
- 6
- Size
- 3,500–5,000sq ft
- Per sq ft
- $882at the range’s middle
- Lot
- 45.1 x 79.5 ft
- Tax a year
- $9,1002026 tax year
- Parking
- 31 attached
- Days on market
- Members
The brief
About 18 Shorncliffe Ave
18 Shorncliffe Ave is a 6+1-bedroom, 6-bathroom multiplex in Casa Loma, Toronto, listed for sale at an asking price of $3,750,000 (MLS® C13144390).
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.
Insights
Condition Score
Good73/1001 documented update signal
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Shortfall9/100−$9,067/mo against the cost of owning (20% down, 4.8%, 25 yrs)
Source: Median of 13 homes with 7 bedrooms for lease in Toronto right now. Cost of owning counts the mortgage and property tax.
Condition uses listing-record signals, not an inspection.
The home
Key facts
- Tax
- $9,100 / 2026
- MLS® number
- C13144390
- Board
- TRREB MLS®
- Property Type
- Multiplex
- Days on market
- Size
- 3500-5000 sqft
- Lot Size
- 45.1 x 79.5 ft
- Listed on
- Parking
- 1 Attached, 3 Parking
Property details
Property
- Property Type
- Multiplex
- Style
- 3-Storey
- Community
- Casa Loma
- Municipality
- Toronto
Building
- Size
- 3500-5000 sqft
- Construction
- Brick
Inside
- Bedrooms
- 6+1
- Bathrooms
- 6
- Bathroom Details
- 1 × 5pc Lower, 2 × 4pc Main, 1 × 2pc Main, 1 × 4pc 2nd, 1 × 4pc 3rd
- Basement Type
- Apartment
- Kitchens
- 4
Parking
- Driveway
- Private
- Garage Type
- Attached
- Garage
- 1
- Additional Parking
- 2
- Total Parking
- 3
Utilities
- Water
- Municipal
- Cooling
- Wall Unit
- Heating Type
- Radiant
Land
- Sewer
- Sewers
- Frontage
- 45.1 ft
- Depth
- 79.5 ft
- Lot Size
- 45.1 x 79.5 ft
Additional
- Foundation
- Stone
- Roof
- Flat, Shingles
- Fireplace
- Yes
- Pool
- None
- Den
- Yes
- Family room
- Yes
- Extras
- 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.
Rooms
| Room | Size | Features | Level |
|---|---|---|---|
| Living | 4.81 × 3.5 m | Fireplace, Bay Window, hardwood floor | Main |
| Foyer | 7.43 × 1.8 m | Hardwood Floor | Main |
| Dining | 4.69 × 3.4 m | Hardwood Floor | Main |
| Kitchen | 5.18 × 3.4 m | Hardwood Floor | Main |
| Primary | 4.26 × 3.38 m | hardwood floor, W/O To Deck | Main |
| 2nd Br | 3.04 × 3.99 m | hardwood floor, Ensuite Bath, Stone Counter | Main |
| Bathroom | 2.34 × 2.8 m | 4 Pc Bath, Stone Counter | Main |
| 3rd Br | 5.88 × 3.41 m | Large Closet | Lower |
| Laundry | 2.13 × 2.31 m | — | Lower |
| 4th Br | 3.56 × 3.41 m | Large Window | Lower |
| 5th Br | 3.2 × 3.35 m | Stone Counter | Lower |
| Room 12 | 4.38 × 3.96 m | Stone Counter | Lower |
Listing history
Buy/sell history for 18 Shorncliffe Ave, Toronto, Ontario
Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| Date StartN/A | N/A | $3,750,000 | N/A | Ext | C13144390 |
Members see the full history. Prices are hidden from signed-out visitors.
The numbers
Mortgage Calculator
Plan with the current asking price
CMHC insurance: not required at 20% down. Payments use Canadian semi-annual compounding.
Mortgage Details
4.8% · 5-year term · 25-year amortization · 20% down
- Total down payment
- $750,000
- Total mortgage amount
- $3,000,000
- Total interest payment
- $2,132,700
- Total purchase cost
- $5,882,700
- Mortgage payment
- $17,109/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
62%Monthly carrying cost
$17,867- Rent $8,800
- Shortfall $9,067
Rental income opens at $8,800, the median asking rent of 13 comparable homes for lease in Toronto. Type over it with the rent you expect. This is a planning tool, not advice.
Land transfer tax on this home
- Ontario land transfer tax
- $80,225
- Toronto municipal land transfer tax
- $87,725
- Total land transfer tax
- $167,950
- First-time buyer rebates (Ontario up to $4,000 + Toronto up to $4,475)
- −$8,475
- Total for first-time buyers
- $159,475
See how this is worked out
- 0.5% on the first $55,000
- $275
- 1.0% from $55,000 to $250,000
- $1,950
- 1.5% from $250,000 to $400,000
- $2,250
- 2.0% from $400,000 to $2,000,000
- $32,000
- 2.5% from $2,000,000 to $3,750,000
- $43,750
- Ontario total
- $80,225
Toronto’s municipal tax has its own higher brackets at this price, so it adds $87,725.
An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.
Estimate
Estimated value requires sign in
Market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.
The estimate is an automated value built from public and MLS® data. It is not an appraisal; ask Kassaundra Dobson, Broker of Record for a full comparative market analysis.
Comparable sales
Comparable sales require sign in
Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.
The land
Lot
- Lot area
- 3,585 sq ft333 m²
- Street frontage
- 45.1 ft13.7 m
- Depth
- 79.5 ft24.2 m
The area is the frontage multiplied by the depth, so boundaries are approximate. Confirm with a survey before you buy.
Source: the MLS® listing record, measured by GeoWarehouse.
Land and environment
Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.
Water and conservation3
- Not in Toronto and Region Conservation Authority’s mapped regulated areaAt the address
- No mapped wetland within 120 m120 m
- No water-supply well recorded within 250 m12 test or monitoring holes also recorded.250 m
Toronto and Region Conservation Authority · Province of Ontario open data
Planning and building activity5
- Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasAt the address
- 34 building permits issued within 250 m in the last 2 years250 m
- 1 open development application within 250 mAn application is a proposal: it may change, be refused or never be built.250 m
- Nearest airport: 5.9 km5.9 km
- Mapped parcel: about 3,680 sq ftMeasured from the municipal parcel map, which can differ from the survey and from the lot size in the listing.At the address
Province of Ontario open data · Municipal building permits · Municipal development applications · toronto.parcels
Around the home1
- A trail on the Ontario trail network within 1 km1 km
Province of Ontario open data
Environmental records4
- No licensed pit or quarry within 2 km2 km
- No recorded oil, gas or salt well within 250 m250 m
- No facility within 1 km reports pollutant releases to Environment CanadaOnly facilities above the inventory’s reporting thresholds are listed.1 km
- No federal contaminated site within 1 kmThe federal inventory covers federal land only; it says nothing about provincial or private sites.1 km
Province of Ontario open data · Government of Canada open data
Power and internet3
- Electricity is distributed here by Toronto Hydro-Electric System LimitedAt the address
- Wired internet 50/10 Mbps or faster is listed at a household 40 m awayFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (40 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.40 m
- Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Beanfield Metroconnect, Bell, Dotto One, FibreStream, Rogers. Cable: Rogers. DSL: Bell. Fixed wireless: Bell, Rogers, Routcom, SkyChoice Communications. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.Area-wide
Ontario Energy Board · Innovation, Science and Economic Development Canada
Each record is placed at the distance its own line states. None of it is an inspection of the property. Confirm anything that matters to you with the municipality, Toronto and Region Conservation Authorityor the record’s publisher.
Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario. Contains information licensed under the Open Government Licence – Toronto. Contains information made available under the Toronto and Region Conservation Authority Open Data Licence v1.0.
Heritage and ravine protection
- Not found on the Heritage Register
- Not in a mapped Heritage Conservation District
- Not in the mapped ravine protection area
What this means: None of these City records was found at this address. That does not rule out other approvals, such as a conservation authority permit, so check before you plan work.
City of Toronto Heritage Register, Heritage Conservation Districts and the Ravine and Natural Feature Protection by-law, read at this address from the City’s maps. Contains information licensed under the Open Government Licence – Toronto.
Zoning
Zone
RD (f6.0; d0.35) (x1404)By-law
569-2013Municipality
Toronto1 f6.0
Frontage: at least 6.0 m.
2 d0.35
Density: floor area is capped at 0.35 times the lot area.
3 x1404
Site-specific exception 1404: this site has rules of its own, written in the by-law.
4 Where this is written
Chapter 10, section 10.20 of By-law 569-2013 · Exception 900.3.10(1404)
5 What that means in practice
These are the zone’s rules, not permission for this lot. What can be built also depends on the exceptions, overlays and setbacks that apply here. Confirm with the City before you plan.
City of Toronto Zoning By-law 569-2013, read at this address from the City’s zoning map. Open the City’s zoning map. Contains information licensed under the Open Government Licence – Toronto.
Permit history
No building permits on file at this address.
Signals around this home
Changing nearby. 6 open development applications within 800 m of this home.
429 WALMER RDSite planUnder Review
May 2023 resubmission: The application has been revised as follows: A 73.5 metre (19-storey inclusive of mechanical penthouse) mixed-use building is proposed with 17,930 square metres of gross floor area of which 200 square metres is non-residential. 98 residential units and 139 parking spaces are proposed.See the related Rezoning application: 22 192578 STE 12 OZ The rezoning application proposes a 19-storey mixed-use building, including 87 residential units with commercial space at grade. The proposed building has an overall height of 68.4 metres (75.9 metres including mechanical penthouse), with a total gross floor area of 18,450 square metres.
90 m away271 RUSSELL HILL RDSite planUnder Review
Site Plan Amendment to 08 150183 STE 22 SA
380 m away3 THELMA AVESite planUnder Review
Site Plan Approval for a 7-storey residential building, with 16 dwelling units, 49 vehicle parking spaces, and 10 bicylce parking spaces.
390 m away1 THELMA AVESite planUnder Review
Site Plan Approval for a 7-storey residential building, with 16 dwelling units, 49 vehicle parking spaces, and 10 bicylce parking spaces.
390 m away7 THELMA AVESite planUnder Review
Site Plan Approval for a 7-storey residential building, with 16 dwelling units, 49 vehicle parking spaces, and 10 bicylce parking spaces.
390 m away11 THELMA AVESite planUnder Review
Site Plan Approval for a 7-storey residential building, with 16 dwelling units, 49 vehicle parking spaces, and 10 bicylce parking spaces.
390 m away
City of Toronto Open Data — Development Applications and Building Permits (cleared permits since 2017). An application is a proposal: it may change, be refused or never be built. Contains information licensed under the Open Government Licence – Toronto.
The market
Market area · filters apply to the charts below
The street
Map and tour
Transit nearby
| Station | Lines | Distance |
|---|---|---|
| St Clair West Station | TTC subway: Line 1 Yonge-University | 400 m |
| Dupont Station | TTC subway: Line 1 Yonge-University | 1.3 km |
| St Clair Station | TTC subway: Line 1 Yonge-University | 1.5 km |
| Chaplin Station | TTC light rail: Line 5 Eglinton | 1.9 km |
| Bloor GO | GO Transit train: KitchenerUP Express train | 4.5 km |
The nearest subway, light rail, train, bus rapid transit stations 5 km, as the crow flies. Source: TTC schedule data (GTFS) from the Toronto Transit Commission under the Open Government Licence – Toronto; GO Transit and UP Express schedule data (GTFS) from Metrolinx under the Open Government Licence – Ontario – Metrolinx, downloaded October 18, 2026. Contains information licensed under the Open Government Licence – Toronto. Data used in this product or service is provided with the permission of Metrolinx. Metrolinx makes no representations or warranties of any kind, express or implied, with respect to the Data and assumes no responsibility for the accuracy or currency of the data used in this product or service. Contains information licensed under the Open Government Licence – Ontario – Metrolinx.
Schools nearby
| Elementary | Type | Distance | EQAO average 2024–25 |
|---|---|---|---|
| Holy Rosary Catholic SchoolToronto CDSB | Catholic · grades JK–8 · French Immersion | 200 m | 82%Grade 6 average |
| Brown Junior Public SchoolToronto DSB | Public · grades JK–6 · French Immersion | 850 m | 91%Grade 6 average |
| Hillcrest Community SchoolToronto DSB | Public · grades JK–6 | 850 m | 83%Grade 6 average |
| ÉÉC du Sacré-Coeur-TorontoConseil scolaire catholique MonAvenir | French-language Catholic · grades JK–6 | 2.3 km | 60%Grade 6 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| Forest Hill Collegiate InstituteToronto DSB | Public · grades 9–12 | 2.1 km | 60%Grade 9 math |
| Oakwood Collegiate InstituteToronto DSB | Public · grades 9–12 · French Immersion | 2.2 km | 44%Grade 9 math |
| Loretto College SchoolToronto CDSB | Catholic · grades 9–12 | 2.4 km | 40%Grade 9 math |
| Collège français secondaireConseil scolaire Viamonde | French-language public · grades 9–12 | 3.8 km | 86%Grade 9 math |
EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.
The verdict
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