15 Burrard Road

Toronto, ONMulti-family
$2,499,000
MLS® W13826704
Multi-family6 beds2 baths4 total
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About This Property

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. (id:63604)

Key Facts

Type
Multi-family
Beds
6
Baths
2
Size
3,163 sqft
Lot
Bldg=44.56 x 114.14 FT
Parking
4 total
Property Details 12 details
Bedrooms
6 bedrooms
Bathrooms
2 bathrooms
Parking
4 parking spaces
Living area
3,163 sq. ft.
Property
Multi-family · Attached
Property subtype
Multi-family
Structure type
Multi-Family
Attached status
Attached
Heating
Forced air, Natural gas
Cooling
Fully air conditioned
Fireplace
No
Lot dimensions
Bldg=44.56 x 114.14 FT
Frontage
44.60 feet
Taxes
$6,022.00
Zoning
RM(u3*18)
Water source
Municipal water
Sewer
Sanitary sewer
Mortgage & Affordability Estimate monthly costs
Purchase price$2,499,000
Down paymentNot available
Mortgage amountNot available
Principal & interestNot available
Property taxesNot available
Condo/HOA feeNot available
Insurance/OtherNot available
UtilitiesNot available
Est. monthly totalNot available
Income needed (GDS 32%)Not available
Estimates only. Not financial advice. Rates, taxes and fees vary by lender and municipality.

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Neighbourhood

Area
Elms-Old Rexdale
City
Toronto
Postal code
M9W 3T1
Nearby
Hwy 401 / Islington Ave