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$2,499,000

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15 Burrard Road

Elms-Old Rexdale, Toronto, Ontario M9W3T1

For sale· Added

6 bed6 bath2,000–2,500 sqft

About this home

A Rare Turnkey Investment Opportunity! Welcome to 15 Burrard Road, a brand new, purpose-built and fully permitted fourplex completed in 2025, offering four separately self-contained residences and exceptional income generating potential in Toronto. Currently generating $6,000/month in rental income with both lower level suites vacant, the property offers the potential to generate approximately $9,700-$10,000/month when fully tenanted. Thoughtfully designed for independent living, each residence features its own private entrance, separate hydro and heating controls, providing functionality and convenience for both ownership and tenancy. The main floor residence, currently rented for $3,000/month, offers 2 bedrooms and 2 bathrooms, including a primary ensuite, a spacious open-concept kitchen and living area, and generous storage. The second floor residence, also rented for $3,000/month, features 2 bedrooms plus a den, 2 bathrooms including a primary ensuite, and an expansive open-concept kitchen and living space. The finished lower level contains two additional self-contained 1-bedroom, 1-bathroom suites, both currently vacant, offering flexibility for new tenancy or potential owner occupation. Each lower suite has an estimated rental potential of approximately $1,850-$2,000/month. Outside, a four-car private driveway provides ample parking for residents. Ideally positioned near Hwy 401, the property offers convenient access to transit, shopping, schools, parks, recreation and everyday amenities. Whether expanding an existing portfolio or entering the multi-residential market, don't miss this rare opportunity to acquire a brand-new 2025-built fourplex with significant income-generating potential. Power of Sale.

Location

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Property details

Listing

MLS® number
W13820156
Added
Sep 23, 2026 ()
Updated
Sep 24, 2026 ()
Info refreshed

Overview

Property type
Multi-family
Building type
Fourplex
Storeys
2

Inside

Bedrooms
6
Bathrooms
6
Heating
Forced air, Natural gas
Cooling
Central air conditioning
Fireplace
No
Appliances
Water Heater - Tankless
Features
Carpet Free, Sump Pump

Building

Basement
Finished, Apartment in basement, Separate entrance
Exterior
Brick, Stucco
Foundation
Poured Concrete
Parking
No Garage · 4 spaces
Amenities
Separate Electricity Meters, Separate Heating Controls

Land

Lot size
44.6 x 114.1 ft

Services

Water
Municipal water
Sewer
Sanitary sewer

Location

Cross streets
Hwy 401 / Islington Ave
Directions
Islington Ave / Chilcot Ave.

Running costs

Annual property tax
$6,022

Rooms

KitchenMain level7.45 x 4.22 m
Primary BedroomBasement2.9 x 2.7 m
BathroomBasement2.35 x 1.6 m
KitchenBasement4.04 x 5.06 m
Primary BedroomBasement3.13 x 2.56 m
BathroomBasement2.5 x 1.64 m
Primary BedroomMain level3 x 3.44 m
Bedroom 2Main level3.18 x 2.84 m
BathroomMain level2.54 x 1.61 m
KitchenSecond level7.89 x 3.49 m
DenSecond level2.29 x 1.71 m
Primary BedroomSecond level3.7 x 3.49 m
Bedroom 2Second level3.11 x 2.86 m
BathroomSecond level2.54 x 1.64 m
KitchenBasement5.08 x 3.32 m

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$2,499,000
15 Burrard Road
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