Gurvinder Nokwal REALTOR®
For Sale Fourplex 87 days on market

$3,200,000

Est. payment $14,169/moCalculate yours

36 Luverne Avenue, Toronto, ON M3H 1R6

Clanton Park, North York, ON M3H 1R6

  • 12 Beds
  • 16 Baths
  • 3,500 Sq Ft
Map

Listing courtesy of RE/MAX REALTRON BARRY COHEN HOMES INC. MLS® C13597556

About this home

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

Overview

Property Type
Fourplex
Style
3-Storey
For
For Sale
Status
New
Approximate Age
New
Size
3,500 sqft

Interior

Bedrooms
12
Bathrooms
16
Kitchens
4
Basement
Finished

Building & Systems

Heating
Forced Air (Gas)
Cooling
Central Air
Exterior
Brick, Stucco (Plaster)
Foundation
Concrete
Roof
Flat
Water
Municipal
Sewer
Sewer

Lot & Parking

Lot Size
50 x 120 Feet
Parking
None garage · 4 total

Location

Neighbourhood
Clanton Park
Cross Street
Bathurst St. & Wilson Ave.
Direction Faces
North

Listing

MLS® Number
C13597556
Days on Market
87
Listed On
2026-07-23
Possession
90 DAYS
Listed By
RE/MAX REALTRON BARRY COHEN HOMES INC.

Features

Interior

  • None

Pool

  • None
Included
20 appliances: 4 x stoves; 4 x refrigerators; 4 x dishwasher; 4 x washers; 4 x dryers.
Rental items
Hot water rental $56.99 per month. There are 4 units in the building, one per unit (4x$56.99).

Mortgage calculator

Minimum for this price: $640,000 (20%)

Amortization, years

Estimated mortgage payment

$14,169 per month

Principal and interest
$14,169
Property tax
$0
Estimated monthly cost
$14,169

Your mortgage

Mortgage amount
$2,560,000
Mortgage insurance
Not needed
Interest over 25 years
$1,690,672

Cash to close

Down payment
$640,000
Land transfer tax (Ontario + Toronto)
$134,950
Total, before legal fees
$774,950
Talk to me about financing

Estimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.

Location

36 Luverne Avenue, Toronto, ON M3H 1R6 Clanton Park, North York, ON M3H 1R6
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Listing data is provided under license and deemed reliable but not guaranteed. MLS®, Multiple Listing Service® and associated logos are trademarks of The Canadian Real Estate Association (CREA).

$3,200,000 36 Luverne Avenue, Toronto, ON M3H 1R6
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