How about this?

First, save all fx settings that are on the master bus as presets.

Then add a copy of the effects plugins to every track as the last processors in them. Then load the presets into their relevant plugins and configure all the tracks so their fx bins are “post fader”.

If the fx are pre-fader you get you the same results because the track fader’s position will be having an impact on what the stuff on the master bus is doing. So the fx need to be post-fader to duplicate that.

tlw
How about this?

First, save all fx settings that are on the master bus as presets.

Then add a copy of the effects plugins to every track as the last processors in them. Then load the presets into their relevant plugins and configure all the tracks so their fx bins are “post fader”.

If the fx are pre-fader you get you the same results because the track fader’s position will be having an impact on what the stuff on the master bus is doing. So the fx need to be post-fader to duplicate that.

 
Yeah well, I get what you are suggesting. But the whole point of what I was trying to find out is if I could do this within one project without having to replicate plugins by the tens as I would want to retain the established signal path and the plugins as they are, both on tracks and buses.
I guess the only other way could be to save a copy of the project and do what you suggest above. But then if I may want to have a variation of settings commonly applied to all related plugins and render them again, it would be a huge task again to change everything individually on each track. Whereas having them on buses would be instant which is why we would have them on buses in the first place.
 
 
Well... thanks everyone for all your suggestions. Looks like as of now, it doesn't seem possible to achieve what I am specifically looking for.
At least an obvious feature or solution doesn't seem to exist unless something is missed here and the bakers can tell us. 

I can't think of a way to do this, but it occurs to me that if you want to "...have each track rendered individually as I hear it from the final output bus," it won't work and here's why: When you listen to your complete mix you are hearing each track as it interacts with other tracks which are assigned to the same bus. Once you export each track individually and out of that context, no interaction and it won't sound the same as it did when it was combined. Unless your buses contain no compressors, gates or side chaining. But if they don't, I'm not sure why you don't just build your mix from scratch with all the chorus, EQ, etc. you want on the tracks themselves. Then when you export individual tracks they should sound the same as when you solo them in the mix.

The only real option is to bounce each track individually with the source set to "Entire Mix." Duplicating all the downstream FX on the tracks themselves would be a really clunky work-around, and as you mentioned, any changes would have to be tracked across a pile of plugins.
 
I'm not sure what your goal is with the tracks in question, but I do this fairly regularly to bounce out tracks or stems from an existing mix for live playback. In my case, I need the downstream FX like reverbs/delays/etc. to get bounced along with the source so the tracks/stems sound as close to the studio mix as possible.
 
It's been mentioned, but I'll second the thought that you do need to keep an eye on bus compression when you're doing this. I never put any FX on the master, but all my tracks are always routed to buses first, which *do* get some dynamics love before going to the master.
 
The assumption is no matter what, you're not going to get a bus comp to respond exactly the same with an individual track versus a group. The question is *how* that compressor is being used. Is it a 20:1 squasher? Is it just a bit of glue? Depending on that context, sometimes I tweak the bus comps, sometimes I don't. So when you're bouncing your tracks, take the time to compare how your downstream bus compressors respond to one versus multiple inputs, and adjust as needed.