A pic of a room for 36 Luverne Ave, Toronto Ontario M3H 1R6
2 hours on Market

36 Luverne Ave, Toronto, Ontario M3H 1R6

Townhouse
12
16
~3500-5000 sqft
$3,200,000
Get pre-qualifiedPowered by nesto
Townhouse
12
16
~3500-5000 sqft

Contact us about this property

Call

Highlights

Property Estimate

Days on market2 hours

Estimated valueNot available

Price/Sqft$777/sqft

Monthly cost

Open Calculator

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

Style3-Storey
View-
Age of propertyNew
SqFt~3500-5000 SqFt
Lot Size6,000 SqFt(120 x 50)
Parking Spaces4
MLS ®NumberC13597556
Community NameArmour Heights
Data SourceTRREB
Listing byRE/MAX REALTRON BARRY COHEN HOMES INC.

Features

Heating: Forced Air
Cooling: Central Air
Basement: Finished

Features

Lot size: 6,000 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 4


Property listed by RE/MAX REALTRON BARRY COHEN HOMES INC., Brokerage
Agent Banner Image
Interested in this property?Get in touch to get the inside scoop.

Market Data - Armour Heights

Geo Zone Map ThumbnailArmour Heights

Strong Seller's Market

View Market Data

Townhouse - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

0 day

Compared to

2025

24 days

2024

88 days

2023

0 day

New Listings

Past 30 days

0 listing

Compared to

2025

1 listing

2024

0 listing

2023

1 listing

Units sold

Past 30 days

0 unit

Compared to

2025

1 unit

2024

1 unit

2023

0 unit

Median Sold Price

Past 30 days

$0

Compared to

2025

$1,430,000

2024

$1,200,000


Population and Demographics

Overview

Total population 19445
Average household income $168,293

Age (%)

0 to 19
23%
20 to 34
19%
35 to 49
22%
50 to 64
20%
65 and plus
15%

Household composition (%)

Single family
64%
Single person
29%
Multi person
6%
Multi family
1%

Mother tongue (%)

English
63%
Tagalog (Pilipino, Filipino)
11%
Russian
5%
Spanish
3%
Others
3%
Italian
3%
Hebrew
1%
Ilocano
1%
Mandarin
1%
Korean
1%

House tenancy (%)

Owners
52%
Renters
48%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget