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Active Fourplex For Sale 54 DOM · sitting
$3,200,000
MLS® C13597556

36 Luverne Avenue, Toronto, ON M3H 1R6

Toronto C06 · Clanton Park · M3H 1R6
Monthly cost · estimate
$0/mo
— · — · —
🤖
Hunter's read
Brand-new purpose-built fourplex with four separate meters and 12 beds—turnkey income property at $3.2M, priced competitively for North York.
12
Beds
16
Baths
3500-5000
Sqft
4
Parking

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.

📋 Property summary 7 details
Property Type
Fourplex
Style
['3-Storey']
Square Footage
3500-5000
Days on Market
54 days
Lot Size
50.0' × 120.0'
Community
Clanton Park
Parking
4.0 spaces
🏠 Interior 1 features
Basement
Finished
Interior features
None
🧱 Building & exterior
Foundation
Concrete
Exterior
Brick, Stucco (Plaster)
⚡ Utilities
Heating
Forced Air
Cooling
['Central Air']
Sewer
['Sewer']
🌳 Lot & land
Frontage
50.0 ft
Depth
120.0 ft
📦 Inclusions & exclusions
Included with sale

20 appliances: 4 x stoves; 4 x refrigerators; 4 x dishwasher; 4 x washers; 4 x dryers.

📃 Listing details
MLS® Number
C13597556
Days on Market
54 days
Possession
Other
Listing Brokerage
RE/MAX REALTRON BARRY COHEN HOMES INC.

Listing information sourced from TRREB MLS® via PropTx. This property is being represented by the listing brokerage shown above. Ishaan Verma of Royal LePage Certified Inc. is happy to represent buyers viewing this property.

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About Toronto

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$3,200,000
36 Luverne Avenue, Toronto, ON M3H 1R6
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