Salehian.com 647-325-5000

15 Burrard Road

Elms-Old Rexdale, Toronto, M9W 3T1

$2,499,000

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  • 6 bedrooms
  • 6 bathrooms
  • 4 parking
  • 2000-2500 sq ft

Listed 27 days ago · 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.

Details

Type
Fourplex
Style
2-Storey
Age
0-5 years
Size
2000-2500 sq ft
Lot
44.56 × 114.14 ft
Basement
Separate Entrance, Finished, Apartment
Garage
None
Kitchens
4
Property tax
$6,022 (2025)
Neighbourhood
Elms-Old Rexdale
Municipality
Toronto W10

Interior

Bedrooms
6 above ground
Bathrooms
2 × 3-piece (main), 2 × 4-piece (main), 1 × 3-piece (basement), 1 × 4-piece (basement)
Rooms
11 above ground
Family room or den
No
Fireplace
No
Features
Carpet Free, ERV/HRV, Separate Heating Controls, Separate Hydro Meter, On Demand Water Heater, Sump Pump

Heating, cooling and services

Heating
Forced Air, Gas
Air conditioning
Central Air
Water and sewer
Sewer

Building and exterior

Style
2-Storey
Exterior
Brick, Stucco (Plaster)
Roof
Asphalt Shingle
Foundation
Poured Concrete
Age
0-5 years
Faces
East

Parking

Total parking
4

Lot

Size
44.56 × 114.14 ft

More

Possession
TBA
Cross street
Hwy 401 / Islington Ave

Rooms

RoomLevelSizeFeatures
KitchenMain7.45 × 4.22 m (24'5" × 13'10")Combined w/Living, Stainless Steel Appl, Quartz Counter
Primary BedroomMain3 × 3.44 m (9'10" × 11'3")4 Pc Ensuite, B/I Closet
Bedroom 2Main3.18 × 2.84 m (10'5" × 9'4")
BathroomMain2.54 × 1.61 m (8'4" × 5'3")3 Pc Bath
KitchenSecond7.89 × 3.49 m (25'11" × 11'5")Combined w/Living, Stainless Steel Appl, Quartz Counter
DenSecond2.29 × 1.71 m (7'6" × 5'7")
Primary BedroomSecond3.7 × 3.49 m (12'2" × 11'5")4 Pc Bath, B/I Closet
Bedroom 2Second3.11 × 2.86 m (10'2" × 9'5")
BathroomSecond2.54 × 1.64 m (8'4" × 5'5")3 Pc Bath
KitchenBasement5.08 × 3.32 m (16'8" × 10'11")Combined w/Living, Quartz Counter, Stainless Steel Appl
Primary BedroomBasement2.9 × 2.7 m (9'6" × 8'10")
BathroomBasement2.35 × 1.6 m (7'9" × 5'3")4 Pc Bath
KitchenBasement4.04 × 5.06 m (13'3" × 16'7")Combined w/Living, Stainless Steel Appl, Quartz Counter
Primary BedroomBasement3.13 × 2.56 m (10'3" × 8'5")
BathroomBasement2.5 × 1.64 m (8'2" × 5'5")3 Pc Bath

History of this address

17 earlier listings at this address, with sold and leased prices. Create a free account or sign in to see them.

Location

Location is approximate. See nearby homes on the map

Recent sales nearby

See what similar homes within 1 km sold for in the last year. Create a free account or sign in to see them.

The neighbourhood

Getting around Very walkable

  • 🚆 Etobicoke North GO18 min walk

Within a 10-minute walk: 4 grocery stores, 14 cafés and restaurants, 3 parks, 3 pharmacies. Nearest grocery: Walmart Supercentre (150 m). Nearest park: Pine Point Park (700 m).

Schools nearby

Elementary

  • Elmlea Junior School
    EQAO: Gr 3 reading 57%, math 39%    6 min walk
  • St. Stephen Catholic School Catholic
    EQAO: Gr 6 reading 78%, math 31%    15 min walk
  • The Elms Junior Middle School
    EQAO: Gr 6 reading 74%, math 28%    15 min walk
  • St. Simon Catholic School Catholic
    EQAO: Gr 6 reading 75%, math 29%    1.6 km

Secondary

  • Can-AIM High School1.3 km
  • School of Experiential Education1.4 km

EQAO: share of students meeting the provincial standard (2024–25). Ontario average: Gr 6 reading 86%, math 51%; Gr 9 math 55%; literacy test 83%.

Closest schools, not school zones. Check which school serves this address with the school board before relying on it.

Who lives here postal area M9W

Owners / renters
58% / 42%
Median household income
$85,000
Average age
41
Children under 15
15%
Homes
37% detached, 32% high-rise
Commute by transit
22%
Population
40,977

Languages spoken most at home besides English: Punjabi (Panjabi) 6.8%, Spanish 3.2%, Gujarati 2.4%, Tagalog (Pilipino, Filipino) 1.5%.

Flood and conservation No mapped hazard

Not inside a mapped flood plain or regulated area.

Screening maps only. Ask the conservation authority for a property inquiry before relying on this.

Safety

Major crime per resident in Elms-Old Rexdale (2025): 23% above the Toronto average, down 5% from the year before.

  • Assaultabout average
  • Break and enterabout average
  • Auto theft116% above average
  • Robbery77% above average
  • Theft from vehicles25% below average
  • Shootings143% above average

Crime Severity Index for Toronto police: 60 vs 57 for Ontario (2025).

Police-reported figures for the whole neighbourhood, not this street. Rates use the area’s resident population.

Development nearby

No planning applications within 500 m in the last five years.

Rezoning, site plan, subdivision and condominium applications filed with the city.

Distances are approximate. Places © OpenStreetMap contributors. Neighbourhood figures: Statistics Canada, 2021 Census. School results: EQAO via Ontario Data Catalogue (Open Government Licence – Ontario). Neighbourhood crime: Toronto Police Service Public Safety Data Portal (Open Government Licence – Toronto Police Service). Crime Severity Index: Statistics Canada.

Living here

Commute

To Union Station (downtown Toronto): 16 km. Transit times · Driving times

Noise 2 sources nearby

  • 🛣️ Highway 401350 m
  • ✈️ In line with a Pearson runway5.3 km

Distances from the map, not noise measurements. Visit at rush hour to judge for yourself.

What can be built RM

Residential Multiple Dwelling (with a site-specific exception).

  • ✅ Up to 4 homes on the lot (multiplex)
  • ✅ Garden suite in the backyard
  • ✅ Laneway suite, if the lot backs onto a lane

From Toronto’s Zoning By-law 569-2013 map. Lot size, setbacks and trees decide what actually fits; check with a planner before you buy.

Full lot check · Run the numbers

Building permits

  • Alternative Solution · 2026 · Approved
    Proposed Alternative solution to OBC Div B 7.1.2.4.(2) by;Providing additional cleanouts in the drainage piping of each of the dwelling…
  • Multiple Projects · 2024 · Inspection
    Proposed Interior Alterations to create fourth unit in basement & covert Triplex to Fourplex
  • Interior Alterations · 2022 · Closed
    Interior alterations to convert two unit dwelling into three unit dwelling, seconf floor to be converted into third unit.
  • New Building · 2021 · Closed
    construct new 2 storey house with 2nd suite in basement
  • Demolition · 2021 · Closed
    demolish existing house, construct new 2 storey house with 2nd suite in basement

1 permit on this block of the street in the last 2 years, including 1 new home.

Permits filed with the City of Toronto. A permit doesn’t mean the work passed final inspection.

Trees

69 City street trees within 100 m, mostly maples. That’s more than the Toronto average of 42.

Trees on City boulevards only, not private yards or parks.

Internet High-speed

50/10 Mbps or faster available here by cable, fibre or DSL (the federal high-speed target).

From the federal broadband map. Check exact speeds and providers for the address.

Short-term rentals

Only in your principal residence (where you live). The entire home can be rented up to 180 nights a year; renting up to 3 bedrooms while you live there has no limit. Hosts register with the City and collect the 6% accommodation tax.

City rules

Zoning, heritage, building permits and street trees: City of Toronto open data (Open Government Licence – Toronto). Roads, rail, airports and planned stations © OpenStreetMap contributors. Internet: Innovation, Science and Economic Development Canada, National Broadband Data.

Listed by GET SOLD REALTY INC..

Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.

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