$2,499,000
Est. payment $11,065/moCalculate yours
15 Burrard Road, Toronto, ON M9W 3T1
Elms-Old Rexdale, Etobicoke, ON M9W 3T1
- 6 Beds
- 6 Baths
- 2,000 Sq Ft
Listing courtesy of GET SOLD REALTY INC. MLS® W13820156
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.
Property details
Overview
- Property Type
- Fourplex
- Style
- 2-Storey
- For
- For Sale
- Status
- New
- Approximate Age
- 0-5
- Size
- 2,000 sqft
Interior
- Bedrooms
- 6
- Bathrooms
- 6
- Kitchens
- 4
- Basement
- Separate Entrance, Finished, Apartment
Building & Systems
- Heating
- Forced Air (Gas)
- Cooling
- Central Air
- Exterior
- Brick, Stucco (Plaster)
- Foundation
- Poured Concrete
- Roof
- Asphalt Shingle
- Water
- Municipal
- Sewer
- Sewer
Lot & Parking
- Lot Size
- 44.56 x 114.14 Feet
- Parking
- None garage · 4 total
Financial
- Property Taxes
- $6,022 (2025)
Location
- Neighbourhood
- Elms-Old Rexdale
- Cross Street
- Hwy 401 / Islington Ave
- Direction Faces
- East
Listing
- MLS® Number
- W13820156
- Days on Market
- 25
- Listed On
- 2026-09-23
- Possession
- TBA
- Listed By
- GET SOLD REALTY INC.
Rooms
Features
Interior
- Carpet Free
- ERV/HRV
- Separate Heating Controls
- Separate Hydro Meter
- On Demand Water Heater
- Sump Pump
Pool
- None
- Included
- As per Schedule B
- Excluded
- As per Schedule B
- Rental items
- As per Schedule B
Mortgage calculator
Estimated mortgage payment
$11,065 per month
- Principal and interest
- $11,065
- Property tax
- $502
- Condo fees
- $0
- Estimated monthly cost
- $11,567
Your mortgage
- Mortgage amount
- $1,999,200
- Mortgage insurance
- Not needed
- Interest over 25 years
- $1,320,309
Cash to close
- Down payment
- $499,800
- Land transfer tax (Ontario + Toronto)
- $97,900
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $597,700
With less than 20% down, a 30-year amortization is available to first-time buyers and buyers of newly built homes.
Talk to me about financingEstimates 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
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