$3,980,000 - 3 Shorncliffe Avenue, Yorkville
Detached for Sale in Yorkville
- MLS Number
- C13171166
- Property Type
- Detached
- Status
- active
- Days on Site
- 15
- Bedrooms
- 6
- Bathrooms
- 4
- Square Feet
- 3,000 - 3,499 sqft
- Neighbourhood
- Annex / Yorkville / Summerhill
- Listing Brokerage
- BOSLEY REAL ESTATE LTD.
This elegant detached three-storey, six-bedroom family home sits on a spectacular 50 x 154 ft. pool size lot in the heart of South Forest Hill. With ample backyard space, create your own personal oasis, and never feel the need to escape the city. The original 1916 build has been completely reimagined through a meticulous back-to-the-studs renovation, seamlessly blending timeless architectural character with contemporary finishes. Offering expansive principal rooms in a 4,000 square-foot layout ideal for both family living and entertaining, this residence delivers modern pleasures and comfort. Located just steps from the shopping and dining of Forest Hill Village, and the green spaces and recreational amenities of Winston Churchill Park, this property is also walking distance from prestigious schools like Upper Canada College, Bishop Strachan School, and St. Michael's College. A unique opportunity to afford entrance into one of Toronto's most exclusive neighbourhoods, this family home is a rare offering that balances history, location, and lifestyle with attainable price.
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Estimated Payment
$17,604.88/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.
3 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 $1327/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.
Market Position
At 15 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.
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 3,000 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.
Excellent Flexibility
With 6 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Yorkville.
Bathroom Count Matters
With 4 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.