Short answer: YES.
Depending on your setup, you can track audio from it into SONAR pretty simply.
The SR-18 has MIDI in, so you can send data from SONAR to it and trigger sounds. So YES.
You're gonna want a mixer or some other way to get audio from it into SONAR. It's more or less like any other external synth. You send it data from SONAR, it hears that and makes noise, and you track that back into SONAR.
I used an SR-16 waaaaaaaaaaay back in the day (and sheesh, so many albums from the 80's used that unit) with no troubles, so I expect no troubles with this unit.
The only thing i don't know off the top of my head (google will provide the answer I'm sure) is whether there's an .ins file for it already built.