For Sale: 36 Luverne Avenue, Toronto, ON - REW
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$3,200,000
12 bd • 16 ba • 3500 - 4999 sf • Multifamily
36 Luverne Avenue
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$3,200,000
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36 Luverne AvenueToronto, ON, M3H 1R6

Clanton Park
  • 12 Bed
  • 16 Bath
  • 3500 - 4999 Sqft
  • Multifamily

About this home

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. (id:63626)
Listed by: BARRY COHEN, Broker, RE/MAX REALTRON BARRY COHEN HOMES INC.

Home facts and features

Price details
List Price
$3,200,000
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Home facts
Bedrooms
12
Full Bathrooms
12
Partial Bathrooms
4
Parking Spaces
4
Parking Details
No Garage
Property Type
Multifamily
Depth
120 feet
Frontage
50.0 feet
Exterior Finish
Brick, Stucco
Heating Type
Forced air, Natural gas
Cooling
Central air conditioning
Basement Details
Finished,
Appliances
Dishwasher, Dryer, Refrigerator, Stove, Washer
Community
Agent details
Primary Agent
Primary Broker
RE/MAX REALTRON BARRY COHEN HOMES INC.
Listing details
Days on REW
1 Day
MLS® Number
C13597556
Source
Canadian Real Estate Association
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25 Years
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3.99%

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Property Insights

Yeshiva Bnei Zion of Toronto
  • Private
  • JK - 8
Yeshiva Darchei Torah Private High Schoo
  • Private
  • 9 - 12
Faywood Arts-Based Curriculum School
  • Public
  • JK - 8
Bais Chomesh High School for Girls
  • Private
  • 9 - 12
Baycrest Public School
  • Public
  • JK - 5
Toronto Cheder, The
  • Private
  • JK - 8
St Margaret Catholic School
  • Catholic
  • JK - 8
Summit Heights Public School
  • Public
  • JK - 6
Bnei Akiva School - Yeshivat Or Chaim
  • Private
  • 9 - 12
Ledbury Park E & Middle School
  • Public
  • JK - 8
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
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Broker
BARRY COHEN
Phone:
(416) 222-8600
Office:
416-222-8600
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