12 Shorncliffe Avenue, Toronto, ON

Casa Loma, Toronto · MLS® C13223826

$6,498,000
For Sale
Listed 46 days ago
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4Bedrooms
5Bathrooms
1Garage · 9 parking
5,000Sq Ft

About this home

Nestled in prestigious Forest Hill, steps to Forest Hill Village, 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 a large terrace and beautifully landscaped private gardens. The renovated eat-in kitchen is 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 gardens and includes an oversized spa-inspired ensuite and dressing room. Generously proportioned bedrooms provide exceptional comfort, while the third-floor loft which includes a separate bedroom offers the perfect retreat for teenagers, guests or live-in help. Additional highlights include a large wine cellar, abundant storage throughout, and parking for up to nine vehicles. The exterior stucco surface is laid over brick throughout. This home is an entertainer's dream while still offering the warmth and comfort of an exceptional family home, designed to impress even the most discerning buyer. Minutes to the St. Clair West Subway Station, Loblaws and Sir Winston Churchill Park. Short walk to some of Toronto's finest schools including UCC and BSS.

Key facts

Property type
Detached, 3-Storey
MLS®
C13223826
Bedrooms
4
Bathrooms
5 (2 half)
Size
5,000 sq ft
Lot
60.89 × 198.21 ft
Cross streets
Spadina and St. Clair Ave W
Parking
1 garage · 9 parking (carport)
Driveway
Private
Basement
Finished
Heating
Forced Air
A/C
Central Air
Exterior
Stucco (Plaster)
Foundation
Concrete
Roof
Asphalt Rolled
Sewer
Sewer
Property tax
$24,530 / 2025
Days on market
46
Listing brokerage
FOREST HILL REAL ESTATE INC.

Rooms

LoftThird6.12 × 4.30 m

walk-in closet(s) · bay window · broadloom

FoyerMain3.47 × 1.99 m

skylight · double closet · marble floor

Bedroom 4Third3.90 × 3.69 m

window · walk-in closet(s) · broadloom

BathroomSecond6.12 × 4.02 m

7 pc bath · separate shower · overlooks garden

KitchenMain6.99 × 5.03 m

7 pc ensuite · walk-in closet(s) · w/o to terrace

SittingSecond3.69 × 2.93 m

b/i closet · closet organizers · broadloom

Dining RoomMain7.71 × 4.85 m

hardwood floor · formal rm · w/o to terrace

Living RoomMain6.07 × 4.91 m

hardwood floor · window · fireplace

OtherBasement3.35 × 2.68 m
Bedroom 3Second4.94 × 3.90 m

hardwood floor · b/i shelves · double closet

RecreationBasement6.13 × 5.82 m

laminate · fireplace · window

Family RoomMain6.80 × 4.05 m

heated floor · beamed ceilings · dry bar

Common RoomMain6.19 × 4.82 m

hardwood floor · pot lights · 2 pc bath

Utility RoomBasement10.40 × 3.75 m
Bedroom 2Second5.73 × 3.87 m

hardwood floor · semi ensuite · double closet

Primary BedroomSecond6.10 × 4.79 m

7 pc ensuite · walk-in closet(s) · overlooks garden

LaundrySecond2.77 × 2.04 m

separate room · tile floor · window

Moe’s TakeTeam Asgarian · Broker
Worth a personal read

This home is a bit unique, so there are not enough closely comparable homes nearby for me to trust an automatic number, and I would rather give you a real one than a wrong one. Tell me you are interested and I will pull the most comparable recent sales and send you a straight answer on price, usually the same day.

Its public catchment (Brown Junior Public School) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.

On location, this is a very walkable address with everyday errands close by. Spadina Rd at Heath St West is about a 1-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

What the listing highlightsThese are claims from the listing. The only way to know for sure is to see it in person, and I am happy to book you a private showing.

  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled.
  • Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements.
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
  • Value driver
Comparable listingsCurrently listed nearby in Casa Loma · asking prices
$3.52Mavg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

241 Poplar Plains Street$3.65M309 Lonsdale Road$3.00M177A Lyndhurst Avenue$3.90M

The 3 closest active listings nearby.

See all comparable homes
6.50MThis home3.65M3.00M3.90MThis home vs active comparables
Live market pulseActive comparables in Casa Loma · median list $3.65M
$1,300this home / sqft
5active listings nearby
46days on market

This home lists 3% below the area average of $1,341/sqft.

45 days longer than the Toronto average (1 days).

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

Neighbourhood & location

Casa Loma, Toronto, ON

CommuteTime from this home to where you spend your day

Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.

Getting around

83/ 100

Very WalkableA walkability read built from the amenities around this home: how close the nearest transit stop is, and how many grocery, dining, park, and pharmacy destinations fall within a 15-minute walk. It is a guide, not a guarantee. Places data from Google.

Most daily errands can be done on foot.

🚉 Nearest transit: Spadina Rd at Heath St West, about 97 m away

20+ transit stops5 grocery20+ dining20+ parks20+ pharmacies

Within a 15-minute (1.5 km) walk.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

High Park-Swansea
$4.99M
Lawrence Park South
$2.14M
Bedford Park-Nortown
$2.90M
Downsview-Roding-CFB
$1.06M
Wexford-Maryvale
$865K

Typical asking price of active listings of the same type, per area (outliers removed). Toronto.

Get the full neighbourhood report (schools, parks, transit & safety) →

Schools & catchmentAssigned attendance-boundary schools, with EQAO results

The public and Catholic schools this address is zoned for, with EQAO results (the share of students meeting Ontario's provincial standard).

School attendance boundaries and EQAO results are Ontario government data and can change. Confirm the current catchment with the school board before relying on it.

Street view near Brown Junior Public School
86%
Brown Junior Public SchoolPublic · Elementary · 0.8 km awayHigher-rated than most nearby · 86% meet the provincial standard

Affordability & Mortgage

Affordability
$29,616/mo
$1191KIncome needed
5.5×Price ÷ income
$6,834Weekly cost
20% down4.79%25-yr amortization

Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.

94%mortgage
Mortgage $29,616Property tax $2,044Total carry $31,660

Calculate and customize your mortgage and other expenses

Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.

Your numbers

$
20.0%
$
%

Homes over $1.5M can't be insured, so 20% down or more is required.

4.14%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 17, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$27,741per month

Mortgage amount $5,198,400 · 4.14% over 25 years

$1,299,600Down payment (20.0%)
$5,198,400Loan before insurance
$0CMHC premium
$29,785Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$27,741
Property tax
$2,044
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$29,785

Add your own property tax, condo fees, and heating on the left for a sharper total.

One-time closing costs

Ontario land transfer tax
$148,925
Toronto municipal land transfer tax
$223,865
Estimated closing costs
$372,790

Plus your down payment of $1,299,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$33,694/monthPayment at the qualifying rate

Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.

Over the full 25 years

$3,123,778Total interest paid
$8,322,178Total of all payments
Principal $5,198,400 Interest $3,123,778
YearPrincipalInterestBalance
1$121,781$211,107$5,076,619
2$126,874$206,013$4,949,745
3$132,181$200,706$4,817,564
4$137,710$195,177$4,679,853
5$143,471$189,416$4,536,383
6$149,472$183,415$4,386,911
7$155,724$177,163$4,231,187
8$162,238$170,649$4,068,949
9$169,024$163,863$3,899,925
10$176,094$156,793$3,723,832
11$183,460$149,428$3,540,372
12$191,133$141,754$3,349,239
13$199,128$133,759$3,150,110
14$207,457$125,430$2,942,653
15$216,135$116,752$2,726,518
16$225,176$107,711$2,501,342
17$234,594$98,293$2,266,748
18$244,407$88,480$2,022,341
19$254,630$78,257$1,767,710
20$265,281$67,606$1,502,429
21$276,377$56,510$1,226,052
22$287,938$44,949$938,114
23$299,982$32,905$638,132
24$312,530$20,357$325,602
25$325,602$7,285$0

At the end of your 5-year term

Total paid over the term
$1,664,436
Principal paid down
$662,017
Interest paid
$1,002,418
Balance remaining
$4,536,383

Talk to Team Asgarian about your options

Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.

Let's connect

Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.

Investor snapshot

Rental yield
Estimate$10,500/mo
$126,000Gross annual rent
1.3%Est. cap rate

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

Estimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.

1.9%
Gross yield
− Property tax $24,530− Insurance $1,400− Vacancy & upkeep $13,860Net operating income $86,210

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of FOREST HILL REAL ESTATE INC.. MLS®/PropTx.

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