Rare opportunity in Forest Hill South to own a substantial residence offering both exceptional living space and income-generating flexibility. Situated on a quiet residential street just steps to Forest Hill Village, this property provides a unique blend of lifestyle and long-term value.Currently configured as a legal five-unit residence and fully tenanted, the property offers strong in-place income together with exceptional future flexibility. The main residence offers a house-like experience with generous principal rooms, multiple bedrooms, and direct access to a private landscaped backyard. Thoughtfully laid out, it is ideal for those seeking space, privacy, and the character of a classic Forest Hill home.Several units have been recently renovated, contributing to strong in-place income and overall quality throughout the property. In addition to the principal residence, the property includes several self-contained suites, providing the opportunity to generate supplementary income or accommodate a variety of ownership objectives.The property has also undergone extensive capital improvements to mechanical systems, including comprehensive rewiring, copper plumbing upgrades, replacement windows, and numerous custom finish details throughout the main and lower levels.Ideally located near top-ranked schools, parks, transit, and the shops and restaurants of Forest Hill Village. Property is currently fully tenanted and generating rental income. Some images may be virtually staged. (id:4555)
PROPERTY SPECS
Price $3,750,000
City Toronto, Ontario
Bed / Bath 7 / 6 Full, 1 Half
Address 18 Shorncliffe Avenue
Listing ID C13144390
Style Other
Flooring Hardwood
Parking 3.00
Type Multi-Family
Status For Sale
EXTENDED FEATURES
FeaturesRavine, Guest Suite, In-Law SuiteOwnershipFreeholdBasementFinished, Full, Apartment in basement, Separate entrance, Walk out, N/AHeating / CoolingRadiant heat, Natural gasSewerSanitary sewerParking3.00