6 Bedroom
6 Bathroom
2,000 - 2,500 sqft
Central Air Conditioning
Forced Air
$2,499,000
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:49269)
Property Details
|
MLS® Number
|
W13820156 |
|
Property Type
|
Multi-family |
|
Community Name
|
Elms-Old Rexdale |
|
Features
|
Carpet Free, Sump Pump |
|
Parking Space Total
|
4 |
Building
|
Bathroom Total
|
6 |
|
Bedrooms Above Ground
|
6 |
|
Bedrooms Total
|
6 |
|
Age
|
0 To 5 Years |
|
Amenities
|
Separate Heating Controls, Separate Electricity Meters |
|
Appliances
|
Water Heater - Tankless |
|
Basement Development
|
Finished |
|
Basement Features
|
Separate Entrance, Apartment In Basement |
|
Basement Type
|
N/a, N/a (finished), N/a |
|
Cooling Type
|
Central Air Conditioning |
|
Exterior Finish
|
Brick, Stucco |
|
Foundation Type
|
Poured Concrete |
|
Heating Fuel
|
Natural Gas |
|
Heating Type
|
Forced Air |
|
Stories Total
|
2 |
|
Size Interior
|
2,000 - 2,500 Sqft |
|
Type
|
Fourplex |
|
Utility Water
|
Municipal Water |
Parking
Land
|
Acreage
|
No |
|
Sewer
|
Sanitary Sewer |
|
Size Depth
|
114 Ft ,1 In |
|
Size Frontage
|
44 Ft ,7 In |
|
Size Irregular
|
44.6 X 114.1 Ft |
|
Size Total Text
|
44.6 X 114.1 Ft |
Rooms
| Level |
Type |
Length |
Width |
Dimensions |
|
Second Level |
Kitchen |
7.89 m |
3.49 m |
7.89 m x 3.49 m |
|
Second Level |
Den |
2.29 m |
1.71 m |
2.29 m x 1.71 m |
|
Second Level |
Primary Bedroom |
3.7 m |
3.49 m |
3.7 m x 3.49 m |
|
Second Level |
Bedroom 2 |
3.11 m |
2.86 m |
3.11 m x 2.86 m |
|
Second Level |
Bathroom |
2.54 m |
1.64 m |
2.54 m x 1.64 m |
|
Basement |
Primary Bedroom |
2.9 m |
2.7 m |
2.9 m x 2.7 m |
|
Basement |
Bathroom |
2.35 m |
1.6 m |
2.35 m x 1.6 m |
|
Basement |
Kitchen |
4.04 m |
5.06 m |
4.04 m x 5.06 m |
|
Basement |
Primary Bedroom |
3.13 m |
2.56 m |
3.13 m x 2.56 m |
|
Basement |
Bathroom |
2.5 m |
1.64 m |
2.5 m x 1.64 m |
|
Basement |
Kitchen |
5.08 m |
3.32 m |
5.08 m x 3.32 m |
|
Main Level |
Kitchen |
7.45 m |
4.22 m |
7.45 m x 4.22 m |
|
Main Level |
Primary Bedroom |
3 m |
3.44 m |
3 m x 3.44 m |
|
Main Level |
Bedroom 2 |
3.18 m |
2.84 m |
3.18 m x 2.84 m |
|
Main Level |
Bathroom |
2.54 m |
1.61 m |
2.54 m x 1.61 m |
https://www.realtor.ca/real-estate/30318530/15-burrard-road-toronto-elms-old-rexdale-elms-old-rexdale