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Renanza Realty
For sale

36 LUVERNE AVENUE

Toronto (Clanton Park), Ontario

MLS® C13597556

$3,200,000

Status
Active
Property type
Multi-family
MLS® number
C13597556
Bedrooms
12
Bathrooms
16
Year built

Listing 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 summary

MLS® number
C13597556
Property type
Multi-family
Building type
Fourplex
Land size
50 x 120 FT
Parking
4 spaces · No Garage
Days on market
34 days

Features & details

Heating
Forced air, Natural gas
Cooling
Central air conditioning
Basement
Finished, N/A
Appliances
Washer, Refrigerator, Dishwasher, Stove, Dryer
Exterior features
Brick, Stucco

What would this home cost you?

Based on the $3,200,000 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$14,889 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.

Listing courtesy of RE/MAX REALTRON BARRY COHEN HOMES INC., TORONTO.

The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.