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$3,200,000

Est. payment - /mo

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12 Beds

16 Baths

Active

36 Luverne AVE Toronto C06, ON M3H 1R6

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Jonathan Wong

jonathan@broadviewavenue.ca +1(416) 418-8118

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Fourplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 3500-5000

Municipality Toronto C06

Subdivision Clanton Park

MLS Listing ID C13597556

Style 3-Storey

Bedrooms 12

Tax Year 2026

Property Sub-Type Fourplex

Lot Depth 120.0

Lot Front 50.0

Property 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.

Location

Province ON

County Toronto

Community Toronto C06

Area Toronto

Rooms

Family Room No

Basement Finished

Kitchen 4

Interior

Interior Features None

Cooling Central Air

Fireplace No

Heat Source Gas

Exterior

Parking Features Available, Private

Pool None

Roof Type Flat

Lot Frontage 50.0

Lot Depth 120.0

Total Parking Spaces 4

Building

Building Age New

Foundation Concrete

Others

ParcelsYN No

Listed by RE/MAX REALTRON BARRY COHEN HOMES INC.

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Jonathan Wong

Agent

+1(416) 418-8118

NEARBY SCHOOL & BUSINESS

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