36 Luverne Avenue Toronto, Ontario M3H 1R6

12 Bedroom 16 Bathroom 3,500 - 5,000 sqft
Central Air Conditioning Forced Air

$3,200,000

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:15069)

Property Details

MLS® Number C13597556
Property Type Multi-family
Neigbourhood Clanton Park
Community Name Clanton Park
Equipment Type Water Heater
Parking Space Total 4
Rental Equipment Type Water Heater

Building

Bathroom Total 16
Bedrooms Above Ground 12
Bedrooms Total 12
Age New Building
Appliances Dishwasher, Dryer, Stove, Washer, Refrigerator
Basement Development Finished
Basement Type N/a (finished)
Cooling Type Central Air Conditioning
Exterior Finish Brick, Stucco
Foundation Type Concrete
Half Bath Total 4
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 3
Size Interior 3,500 - 5,000 Sqft
Type Fourplex
Utility Water Municipal Water

Parking

No Garage

Land

Acreage No
Sewer Sanitary Sewer
Size Depth 120 Ft
Size Frontage 50 Ft
Size Irregular 50 X 120 Ft
Size Total Text 50 X 120 Ft

Utilities

Cable Installed
Electricity Installed
Sewer Installed

https://www.realtor.ca/real-estate/30070418/36-luverne-avenue-toronto-clanton-park-clanton-park

Contact Us

Contact us for more information

Generating Captcha

Your Favourites

 

No Favourites Found