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$3,200,000

12 Beds 12 / 4 Full / Half Baths 3,500 SQFT 0.00 Acres
Type: Multi-Family

36 LUVERNE AVENUE
Toronto (Clanton Park), ON M3H1R6

MLS#: C13597556
Nathan Adorjan
Nathan Adorjan
Condo Digs
Manager
Phone: 647.881.8661
Office: 416.203.6636
Presented by: RE/MAX REALTRON BARRY COHEN HOMES INC.

Property Description

 

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:7434)


 

Interior Features

Bedrooms

Bedrooms12

Other Interior Features

Basement DevelopmentFinished
Basement TypeN/A (Finished)
Building Fireplace PresentFalse
Building Heating FuelNatural gas
Building Heating TypeForced air
Living Area Range3,500 sqft

General

Building AgeNew building
Building AppliancesDishwasher, Dryer, Stove, Washer, Refrigerator
Building Cooling TypeCentral air conditioning
Building TypeFourplex
Building.StoriesTotal3
CommunityNameClanton Park
Foundation TypeConcrete
Location DescriptionCross Streets: Bathurst St. & Wilson Ave. ** Directions: South of Wilson Ave.
Parking Space Total4
Property TypeMulti-family

Exterior

Exterior FinishBrick, Stucco
SewerSanitary sewer

Additional Details

  

Similar Properties

$3,200,000

12 Beds 12 / 4 Full / Half Baths 3,500 SQFT 0.00 Acres
Type: Multi-Family

36 LUVERNE AVENUE
Toronto (Clanton Park), ON M3H1R6

MLS#: C13597556
Nathan Adorjan
Nathan Adorjan
Condo Digs
Manager
Phone: 647.881.8661
Office: 416.203.6636
RE/MAX Condos Plus Corp. Brokerage
45 Harbour Sq. Toronto, ON M5J 2G4

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