$3,200,000
34.35 BTC
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36 Luverne Avenue, Toronto
$3,200,000
PRICE
12
BEDROOMS
16
BATHROOMS
C13597556
MLSID

36 Luverne Avenue, Toronto

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.
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Sold History

SOLD
18 October 2023
$1,360,000
SOLD
2 February 2007
$425,000
SOLD
21 July 2005
$392,000

Summary

Address
36 Luverne Avenue
Community
MLSID
C13597556
Property Type
Fourplex
Property Category
Bedrooms
12
Bathrooms
16
Kitchens
4
Published
July 23, 2026
Days on Market
9 Days
Possession Type
Other
Possession Details
90 Days
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Inclusions

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

Details

Bathroom 1
2-Piece In Between Level
Bathroom 2
4-Piece Second Level
Bathroom 3
4-Piece Third Level
Bathroom 4
4-Piece Basement Level
Basement
Finished
Interior Features
None
Parking Spaces
4
Parking Total
4
Parking Features
Available, Private
Architectural Style
3-Storey
Roof
Flat
Construction Materials
Brick, Stucco (Plaster)
Lot Width
50 Feet
Lot Depth
120 Feet
Water
Municipal
Heat Source
Gas
Heat Type
Forced Air
New Construction
No
Occupant Type
Owner
Private Entrance
No
Sauna
No
Seasonal Property
No
Hot Tub / Spa
No
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Listing Contracted with RE/MAX REALTRON BARRY COHEN HOMES INC.
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