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36 Luverne Avenue
homes for sale · Toronto · Clanton Park
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$3,200,000

36 Luverne Avenue

Clanton Park, Toronto · MLS® C13597556

12164

House · Multi-family · 93 days on market

listed by BARRY COHEN, RE/MAX REALTRON BARRY COHEN HOMES INC.

realtor's 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.

property details

type
House, Multi-family
bedrooms
12
bathrooms
16
parking
4
days on market
93
MLS®
C13597556

features

  • Washer
  • Refrigerator
  • Dishwasher
  • Stove
  • Dryer

monthly cost

$13,942/mo
Mortgage $13,942

20% down at 4.34% fixed (Ratehub.ca), 25 years.

estimated payment
$13,942/ monthly
loan $2,560,000
25-year amortization
total interest
$1,622,628
cash to close
$640,000
down payment; transfer tax and fees not included
total paid
$4,182,628

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer.

location

Clanton Park, TorontoGoogle Maps ↗

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listed by
BARRY COHEN
RE/MAX REALTRON BARRY COHEN HOMES INC.
call BARRY · 416-223-1818
Powered by: REALTOR.ca

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location

Clanton Park, TorontoGoogle Maps ↗
0

Walkability 0/100 · Car needed for most errands

Nothing everyday within a 10 minute walk.

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