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18 Shorncliffe Avenue
Casa Loma Toronto M4V 1T1

$3,750,000 /For Sale
Commercial

Main Photo: 18 Shorncliffe Avenue in Toronto: Casa Loma Commercial for sale (Toronto C02)  : MLS®# C13144392
Photo 1: 18 Shorncliffe Avenue in Toronto: Casa Loma Commercial for sale (Toronto C02)  : MLS®# C13144392
Photo 2: 18 Shorncliffe Avenue in Toronto: Casa Loma Commercial for sale (Toronto C02)  : MLS®# C13144392
Photo 3: 18 Shorncliffe Avenue in Toronto: Casa Loma Commercial for sale (Toronto C02)  : MLS®# C13144392
Photo 4: 18 Shorncliffe Avenue in Toronto: Casa Loma Commercial for sale (Toronto C02)  : MLS®# C13144392
Photo 5: 18 Shorncliffe Avenue in Toronto: Casa Loma Commercial for sale (Toronto C02)  : MLS®# C13144392
Photo 6: 18 Shorncliffe Avenue in Toronto: Casa Loma Commercial for sale (Toronto C02)  : MLS®# C13144392
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Photo 10: 18 Shorncliffe Avenue in Toronto: Casa Loma Commercial for sale (Toronto C02)  : MLS®# C13144392
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Photo 17: 18 Shorncliffe Avenue in Toronto: Casa Loma Commercial for sale (Toronto C02)  : MLS®# C13144392
Photo 18: 18 Shorncliffe Avenue in Toronto: Casa Loma Commercial for sale (Toronto C02)  : MLS®# C13144392
Photo 19: 18 Shorncliffe Avenue in Toronto: Casa Loma Commercial for sale (Toronto C02)  : MLS®# C13144392
Photo 20: 18 Shorncliffe Avenue in Toronto: Casa Loma Commercial for sale (Toronto C02)  : MLS®# C13144392
Photo 21: 18 Shorncliffe Avenue in Toronto: Casa Loma Commercial for sale (Toronto C02)  : MLS®# C13144392
Status:
Active
Prop. Type:
Commercial
MLS® Num:
C13144392
Bus Major:
Apts - 2 To 5 Units
Rare opportunity in Forest Hill South to acquire a legal five-unit residential income property with strong owner-user and investment appeal. Situated steps to Forest Hill Village, this substantial property offers a flexible configuration with a large owner's suite plus multiple self-contained apartments. Several units have been recently renovated, with meaningful mechanical updates throughout. The property has also undergone extensive capital improvements including comprehensive rewiring, copper plumbing upgrades, replacement windows, and numerous custom finish details throughout the main and lower levels. Excellent long-term hold, income, and multi-generational ownership opportunity in one of Toronto's most established neighbourhoods.
Property Type:
Commercial
Property Sub Type:
Investment
Freestanding:
Yes
Approx. Age:
100+
Total Area:
4800 sq. ft. Square Feet
Total Area:
4,800 sq. ft.
Office/Apt Area:
4800 sq. ft. Sq Ft
Lot Depth:
79'6"
Lot Frontage:
45'1¼"
Lot Shape:
Rectangular
Water supply:
Municipal
Zoning:
RD(f15;d0.35*1404)
Heating type:
Gas Hot Water
Survey Available:
No
Garage:
Single Detached
Parking Spaces:
3
Possession Details:
Flexible/TBD
HST Applicable To Sale Price:
Not Subject to HST
Development Charges Paid:
Unknown
Type Taxes:
Annual
Taxes:
$9,100.31 / 2026
Assessment:
$- / -
Toronto
Toronto C02
Casa Loma
No
Water Heater - Reliance Approx. $125.60/month
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.
Tenant-owned belongings and appliances, if any. Any staging items.
None
No
Utilities:
Yes
Energy Certification:
No
Green Property Information Statement:
No
Sewers:
Sanitary
Air Conditioning:
Yes
Seller Property Info Statement:
No
Financial Statements:
No
Major Business Type:
Apts - 2 To 5 Units
Category:
Apartment
Franchise:
No
Chattels:
No
LLBO:
No
Date Listed:
May 19, 2026
Original Price:
Previous Price:
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Listed by ROYAL LEPAGE REAL ESTATE SERVICES LTD.
Data was last updated May 20, 2026 at 12:15 AM (UTC)
DARYL  KING
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Why Invest in Apartment Buildings for Sale?

Owning an apartment building for sale provides unique advantages:

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FAQs – Apartment Buildings for Sale

1. Are apartment buildings a good investment?
Yes, apartment buildings provide steady rental income, potential tax benefits, and property value appreciation over time.

2. What should I consider before buying an apartment building?
Evaluate location, tenant demand, building condition, rental income, and management costs.

3. Can first-time investors buy apartment buildings?
Yes, many financing options are available for new investors, including CMHC-backed loans and commercial mortgages.

4. How many units are considered an apartment building?
Typically, any property with five or more units is classified as an apartment building for investment purposes.

5. Where can I find apartment buildings for sale?
You can find listings across major cities and growing suburbs where rental demand remains strong.