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    For Sale - 36 Luverne Avenue, Toronto, Ontario

    Est payment $15,366/mo
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    Time on Jump  2 day




    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.
    Listing IDC13597556
    Address36 Luverne Avenue
    CityToronto, Ontario
    Price$3,200,000
    Bed / Bath12 / 16 Full
    Style3-Storey, Fourplex
    ConstructionBrick, Stucco (Plaster)
    TypeMulti-Family
    StatusFor Sale

    Subtype FourplexIndoor Features NoneOwnership FreeholdBasement FinishedFoundation ConcreteHeating / Cooling Forced AirHeating Fuel GasSewer Sewer

    Parking 4.00
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    Listing Agency:  RE/MAX REALTRON BARRY COHEN HOMES INC.

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    36 Luverne Avenue
    Toronto , Ontario
    12 16 $3,200,000
    Get more info