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$3,750,000
Available - For Sale
Listing ID: C13144392
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 $3,750,000
Taxes: $9,100.31
Tax Type: Annual
Occupancy by: Tenant
Address: 18 Shorncliffe Avenue , Toronto, M4V 1T1, Toronto
Postal Code: M4V 1T1
Province/State: Toronto
Directions/Cross Streets: Spadina & St Clair
No. of Pieces Level
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Washroom 50 0
Category: Apartment
Use: Apts - 2 To 5 Units
Building Percentage: T
Total Area: 4,800
Total Area Code:  Square Feet
Office/Appartment Area: 4800
Office/Appartment Area Code: Sq Ft
Approximatly Age: 100+
Financial Statement: T
Chattels: F
Franchise: F
Maintenance: 0
Sprinklers: No
Rail: N
Heat Type: Gas Hot Water
Central Air Conditioning: Yes
Sewers: Sanitary
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
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    TDS: %
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This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
ROYAL LEPAGE REAL ESTATE SERVICES LTD.

18 Shorncliffe Avenue , Toronto, M4V 1T1, Toronto

Personal Picture
Arash Salehrad
Broker
Dir:
(647)402-5949
Bus:
(905)508-9500
Fax:
(905)773-3861

 
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At a Glance:
Type: Com - Investment
Area: Toronto
Municipality: Toronto C02
Neighbourhood: Casa Loma
Style:
Lot Size: x 79.50(Feet)
Approximate Age: 100+
Tax: $9,100.31
Maintenance Fee: $0
Beds: 0
Baths: 6
Garage: 0
Fireplace: N
Air Conditioning:
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Personal Pic Arash Salehrad Broker pic arashsalehrad@gmail.com RE/MAX REALTRON REALTY INC., Brokerage Independently owned and operated. pic 13321 Yonge St., Unit 203, Richmond Hill, Ontario L4E 3L3 pic Office: (905)508-9500 | Fax: (905)773-3861 | Cell: (647)402-5949