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$ 3,200,000
Est. payment /mo
New
36 Luverne AVE Toronto C06, ON M3H 1R6
12 Beds
16 Baths
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
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.