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$2,499,000
Est. payment /mo
6 Beds
6 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 2000-2500
Municipality Toronto W10
Subdivision Elms-Old Rexdale
MLS Listing ID W13820156
Style 2-Storey
Bedrooms 6
Annual Tax Amount $6,022
Tax Year 2025
Property Sub-Type Fourplex
Property Description
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
Province ON
County Toronto
Community Toronto W10
Area Toronto
Rooms
Family Room No
Basement Separate Entrance, Finished, Apartment
Kitchen 4
Interior
Interior Features Carpet Free, ERV/HRV, Separate Heating Controls, Separate Hydro Meter, On Demand Water Heater, Sump Pump
Cooling Central Air
Fireplace No
Heat Source Gas
Exterior
Pool None
Roof Type Asphalt Shingle
Lot Frontage 44.56
Lot Depth 114.14
Total Parking Spaces 4
Building
Building Age 0-5
Foundation Poured Concrete
Others
ParcelsYN Yes
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Listed by GET SOLD REALTY INC.
Nearby Locations
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