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36 Luverne Avenue, Toronto, ON M3H 1R6

Toronto C06, ON, M3H 1R6 · Clanton Park

12 Beds
16 Baths
— Sq Ft
4 Parking
Fourplex Type
C13597556 MLS#

About this property

Brand New Purpose-Built Fourplex | Finished In 2026 | Exceptional Investment Opportunity. A Rare Opportunity To Own A Brand-New, Never-Lived-In Purpose-Built Fourplex In The Heart Of Clanton Park. Completed In 2026, This Turnkey Income Property Offers Four Self-Contained, Separately Metered Residences, Each With Its Own Private Entrance, Furnace, Central Air Conditioning And In-Suite Laundry, Delivering Exceptional Independence For Tenants And Simplified Management For Investors. Each Thoughtfully Designed Three-Storey Suite Spans Approximately 1,386 Sq. Ft. And Features An Open-Concept Main Level With A Bright Living Area, Modern Kitchen And Powder Room. The Second Floor Offers Two Well-Proportioned Bedrooms And A Full Bathroom, While The Entire Third Floor Is Dedicated To A Spacious Primary Retreat Complete With A Walk-In Closet And Private Ensuite. A Finished Lower Level Recreation Room With An Additional Full Bathroom Provides Valuable Flexible Living Space Ideal For A Family Room, Home Office, Gym Or Guest Accommodations. The Property Comprises 12 Bedrooms And 16 Bathrooms Across The Four Units And Includes 20 Appliances. Four Dedicated Parking Spaces Are Located At The Rear Of The Building. As A Newly Constructed Property, It Benefits From No Rent Control, Making It An Outstanding Long-Term Investment With Exceptional Income Growth Potential. Ideally Situated Moments From Bathurst Street, Wilson Avenue, Allen Road, Highway 401, Public Transit, Parks, Schools And Everyday Amenities, This Is A Prime Location With Broad Tenant Appeal. Attractive Vendor Financing Available: Purchase With 30% Cash Down, With The Vendor Providing A 70% First Mortgage For 3 Years At 3.5% Interest Per Annum. The First 12 Months Are Interest-Free, Creating A Rare Opportunity To Significantly Reduce Carrying Costs During The Initial Ownership Period. Outstanding Investment Potential In One Of Toronto's Strongest Rental Markets.

Features & Amenities

  • Basement: Finished
  • Garage: None
  • Cooling: Central Air
  • Heat Type: Forced Air
  • Heat Source: Gas
  • Style: 3-Storey
  • Construction: Brick, Stucco (Plaster)
  • Sewer: Sewer

Property Details

Property Type Residential Freehold
Property Sub-Type Fourplex
Architectural Style 3-Storey
Bedrooms 12
Bathrooms 16
Basement Finished
Garage None
Parking Spaces 4
Heat Type Forced Air
Heat Source Gas
Cooling Central Air
Sewer Sewer
Tax Year 2026

Interior Features

Interior Features
None

Exterior Features

Pool Features
None

Building & Construction

Architectural Style
3-Storey
Construction Materials
Brick, Stucco (Plaster)
Foundation Details
Concrete
Roof
Flat
Basement
Finished
Approximate Age
New

Heating & Cooling

Heat Type
Forced Air
Heat Source
Gas
Cooling
Central Air

Parking & Garage

Garage Type
None
Parking Spaces
4
Parking Total
4.00
Parking Features
Available, Private
Covered Spaces
0

Lot & Land

Lot Size Units
Feet
Lot Depth
120.00
Lot Width
50.00

Financial & Tax

Tax Year
2026
Possession Type
Other
Possession Details
90 DAYS

Utilities & Services

Sewer
Sewer

Room Details

Rooms Above Grade
24
Kitchens Above Grade
4
Kitchens Total
4
Bedrooms Above Grade
12

Additional Details

Occupant Type
Owner
Direction Faces
North
County Or Parish
Toronto
Cross Street
Bathurst St. & Wilson Ave.
Directions
South of Wilson Ave
Special Designation
Unknown
Showing Requirements
See Brokerage Remarks

Location

36 Luverne Avenue, Toronto, ON M3H 1R6, Toronto C06, ON, M3H 1R6

Listing courtesy of RE/MAX REALTRON BARRY COHEN HOMES INC.
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