Gurvinder Nokwal REALTOR®
For Sale Fourplex 25 days on market

$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
Map

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

Room Level Dimensions
Bathroom Basement 7′ 9″ × 5′ 3″
Bathroom Basement 8′ 2″ × 5′ 5″
Primary Bedroom Basement 10′ 3″ × 8′ 5″
Kitchen Main 24′ 5″ × 13′ 10″
Primary Bedroom Basement 9′ 6″ × 8′ 10″
Kitchen Basement 13′ 3″ × 16′ 7″
Bedroom 2 Main 10′ 5″ × 9′ 4″
Bathroom Second 8′ 4″ × 5′ 5″
Primary Bedroom Second 12′ 2″ × 11′ 5″
Den Second 7′ 6″ × 5′ 7″
Bedroom 2 Second 10′ 2″ × 9′ 5″
Primary Bedroom Main 9′ 10″ × 11′ 3″
Bathroom Main 8′ 4″ × 5′ 3″
Kitchen Second 25′ 11″ × 11′ 5″
Kitchen Basement 16′ 8″ × 10′ 11″

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

Minimum for this price: $499,800 (20%)

Amortization, years

Estimated mortgage payment

$11,065 per month

Principal and interest
$11,065
Property tax
$502
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
Total, before legal fees
$597,700
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

15 Burrard Road, Toronto, ON M9W 3T1 Elms-Old Rexdale, Etobicoke, ON M9W 3T1
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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).

$2,499,000 15 Burrard Road, Toronto, ON M9W 3T1
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