15 Burrard Road, Toronto, ON M9W 3T1
Elms-Old Rexdale, Toronto · Near Hwy 401 / Islington Ave · View map
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.
The home
- Type
- Fourplex
- Style
- 2-Storey
- Square footage
- 2000-2500 sq ft
- Bedrooms
- 6
- Bathrooms
- 6
- Kitchens
- 4
- Rooms
- 11
- Basement
- Separate Entrance, Finished, Apartment
- Lot size
- 44.6 x 114.1 ft
- Faces
- East
- Approximate age
- 0-5 years
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
- Exterior
- Brick, Stucco (Plaster)
Heating & cooling
- Heating fuel
- Gas
- Heating type
- Forced Air
- Air conditioning
- Central Air
- Fireplace
- No
Garage & parking
- Driveway spaces
- 4
- Total parking
- 4
Taxes & other
- Property taxes
- $6,022/yr
- Tax year
- 2025
- Occupancy
- Tenant
- Possession
- TBA
- Cross street
- Hwy 401 / Islington Ave
- Neighbourhood
- Elms-Old Rexdale
More
- Price per sq ft
- ~$1,111 (at 2,250 sq ft)
- MLS® number
- W13820156
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The home and its surroundings
- Carpet Free
- ERV/HRV
- Separate Heating Controls
- Separate Hydro Meter
- On Demand Water Heater
- Sump Pump
- Mortgage
- Property tax
- Maintenance fee
Cash needed to close
Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax and Toronto municipal land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.
15 Burrard Road, Toronto, ON M9W 3T1
Elms-Old Rexdale, Toronto · Near Hwy 401 / Islington Ave
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Listing history for 15 Burrard Road
See what this home and others at the same address were listed for, what they sold for, and how long it took.
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Frequently asked questions about 15 Burrard Road
Answers come straight from this home’s MLS® listing.
How much is 15 Burrard Road listed for, and what would it cost each month?
15 Burrard Road is listed for $2,499,000. With 20% down ($499,800), the mortgage payment would be roughly $10,080 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $10,582 a month, all in. That figure is an illustration, not a quote.
Is 15 Burrard Road freehold or a condo, and is there a monthly fee?
15 Burrard Road is a fourplex in Elms-Old Rexdale, Toronto. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.
How many bedrooms and bathrooms does 15 Burrard Road have?
15 Burrard Road has 6 bedrooms and 6 bathrooms. The listing gives the style as 2-storey.
Does 15 Burrard Road have a garage and parking?
The listing does not show a garage. The driveway adds 4 spaces. In total the listing counts 4 parking spaces.
Does 15 Burrard Road have a finished basement?
The listing describes the basement as separate entrance, finished, apartment. Finished basement space is usually not counted in the square footage shown. A listing description is not proof of a legal second unit, so confirm zoning and permits with the municipality before counting on rental income.
What style of home is 15 Burrard Road?
15 Burrard Road is a fourplex. A multiplex holds two or more separate units under one roof, often bought to live in one unit and rent the others.
How big is 15 Burrard Road, and what is the lot size?
The listing puts the home between 2,000 and 2,500 sq ft. The board reports a range rather than an exact figure, and it usually leaves out the basement. The lot is listed as 44.6 x 114.1 ft.
How is 15 Burrard Road heated and cooled?
Heating is forced air (gas). Cooling is central air.
What are the property taxes for 15 Burrard Road?
Property taxes are $6,022 a year (2025), or about $502 a month.
Where is 15 Burrard Road?
15 Burrard Road is in the Elms-Old Rexdale community of Toronto. The nearest main intersection is Hwy 401 / Islington Ave. The postal code is M9W 3T1.
Is 15 Burrard Road still for sale?
Yes. It is an active listing (MLS® W13820156). Listings here update from the board through the day and come down once a home sells.
What are similar properties near 15 Burrard Road asking?
Similar properties for sale nearby right now include 15 Burrard Road at $2,499,000 (6 bed), 9 allenby Avenue at $2,498,888 (10+1 bed) and 73 Crawford Street at $2,499,000 (6 bed). These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 15 Burrard Road sold for?
Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.
How do I book a showing at 15 Burrard Road?
Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.
Have a different question? Ask about this home and get an answer, usually within the hour.
Similar properties nearby
More properties for sale near Elms-Old Rexdale, picked by style, size and price.
Investment$2,499,00015 Burrard Road, Toronto6 bed · 2 bath · Elms-Old RexdaleCourtesy of: GET SOLD REALTY INC.View home →
Multiplex$2,498,8889 allenby Avenue, Toronto10+1 bed · 6 bath · Elms-Old RexdaleCourtesy of: CASTLEMORE REAL ESTATE LIMITEDView home →
Duplex$2,499,00073 Crawford Street, Toronto6 bed · 3 bath · NiagaraCourtesy of: REN/TEX REALTY INC.View home →Courtesy of: GET SOLD REALTY INC.
Listing information comes from the Toronto Regional Real Estate Board through PropTx and is deemed reliable but is not guaranteed accurate. It is provided for consumers' personal, non-commercial use. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.