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Description
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.
Property Features
Interior
Bedrooms
12
Bedrooms Above Grade
12
Bathrooms
16
Kitchens
4
Rooms Above Grade
24
Basement
Finished
Interior Features
None
Fireplace
No
Exterior & Construction
Architectural Style
3-Storey
Construction
Brick, Stucco (Plaster)
Foundation
Concrete
Roof
Flat
Pool
None
Direction Faces
North
Heating & Cooling
Heat Type
Forced Air
Heat Source
Gas
Cooling
Central Air
Parking
Total Parking
4
Parking Spaces
4
Garage Type
None
Parking Features
Available, Private
Location & Land
Address
36 Luverne Avenue, Toronto, ON M3H 1R6
City
Toronto C06
Neighbourhood
Clanton Park
County
Toronto
Province
ON
Postal Code
M3H 1R6
Cross Street
Bathurst St. & Wilson Ave.
Lot Size
50 x 120 Feet
Lot Width
50 Feet
Lot Depth
120 Feet
Sewer
Sewer
$3,200,000
36 Luverne Avenue, Toronto, ON M3H 1R6
12
Bedrooms
16
Bathrooms
3500-5000
Sq. Ft.
4
Parking
Property Details
MLS #
C13597556
Property Type
Residential Freehold
Property Sub Type
Fourplex
Style
3-Storey
Year Built
New
Lot Size
50 x 120 Feet
Possession
90 DAYS
HST
In Addition To
Tax Information
Tax Year
2026
Listing Information
Listed
July 23, 2026
Last Updated
July 23, 2026
Expiry Date
November 21, 2026
Listing Brokerage
RE/MAX REALTRON BARRY COHEN HOMES INC.
The listing data is provided under copyright by the Toronto Regional Real Estate Board. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate.
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Multiple Listing Service.

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