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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

Fourplex
Active
For Sale

$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.

Condoville

Condoville encompasses Condoville Real Estate, Condoville Marketing, Condoville Developments & Condoville Group USA. Our team of professionals power Canadian and American real estate developers, builders & land owners. Our network of investors span across the globe.

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