$6,498,000 - 12 Shorncliffe Avenue, Yorkville
Detached for Sale in Yorkville
Popular Listing- MLS Number
- C13223826
- Property Type
- Detached
- Status
- active
- Days on Site
- 9
- Bedrooms
- 4
- Bathrooms
- 5
- Square Feet
- 5,000+ sqft
- Neighbourhood
- Annex / Yorkville / Summerhill
- Listing Brokerage
- FOREST HILL REAL ESTATE INC.
Nestled in prestigious Lower Forest Hill East, just east of Spadina, this grand family residence is set on an extraordinary 60 x 200 ft. private lot and offers an exceptional blend of scale, elegance, and functionality. A dramatic two-storey entrance creates an unforgettable first impression, setting the tone for sophisticated entertaining throughout. The expansive dining room comfortably accommodates 20+ guests and features a walkout to the terrace and beautifully landscaped gardens. The renovated eat-in kitchen is thoughtfully designed for both family living and gourmet cooking, complete with a 60" Sub-Zero refrigerator/freezer, Wolf and Thermador appliances, and serene garden views. The inviting family room showcases a gas fireplace and butler's pass-through bar, while the formal living room also features a classic wood-burning fireplace. The luxurious primary retreat overlooks the private backyard and includes an oversized spa-inspired ensuite and dressing room. Generously proportioned bedrooms provide exceptional comfort, while the third-floor loft with separate bedroom offers the perfect retreat for teenagers and guests. Additional highlights include a large wine cellar, abundant storage throughout, and parking for up to nine vehicles. An entertainer's dream while still offering the warmth and comfort of an exceptional family home, this remarkable residence is designed to impress even the most discerning buyer. Steps to Forest Hill Village, St. Clair West Subway Station, Loblaws and Sir Winston Churchill Park. Walking distance to some of Toronto's finest schools including UCC and BSS.
Estimate your monthly payments for this property
Estimated Payment
$28,742.85/mo
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Discover Annex / Yorkville / Summerhill
Annex / Yorkville / Summerhill is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in Annex / Yorkville / Summerhill
- •Convenient location in Annex / Yorkville / Summerhill
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
Annex / Yorkville / Summerhill offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
12 Shorncliffe Avenue, Annex / Yorkville / Summerhill
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Monthly Cash Flow Breakdown
Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Premium Pricing
At $1300/sqft, this property is priced above the Yorkville average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.
Detached Home Advantages
Detached homes in Yorkville are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.
Larger Home Realities
At 5,000 sqft, this is a substantial home. Budget approximately $400-600/month more for utilities compared to an average-sized home. Maintenance costs scale with size too - roof, HVAC, and cleaning all cost more. That said, space is a luxury that's hard to add later, and larger homes often have better resale in family-oriented neighbourhoods.
Family-Friendly Layout
4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Yorkville. Good resale value as demand remains consistent.
Bathroom Count Matters
With 5 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.
Investment Perspective
Looking at this as an investment: Yorkville properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $27,075 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.