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Multiplex · Listed 19 days ago

15 Burrard Toronto,ON M9W 3T1

Toronto, ON, Canada

6 Beds6 Baths2,500–2,500 sqft0 Built

List price

$2,499,000

Why This Property?

This 2025 purpose-built fourplex in Elms-Old Rexdale offers 6 beds, 6 baths across four self-contained residences, separate entrances, and separate hydro and heating controls. The property is currently generating rental income, with parking included and an ensuite in the main-floor suite.

Facts & Features

Highlights

  • parking
  • ensuite

Bedrooms & bathrooms

  • Bedrooms: 6
  • Bathrooms: 6
  • Full: 6
  • Half: 0

Living Area

  • 2,500–2,500 sqft

Stories

Lot size

  • N/A — Condo

Year built

  • 0

Property type

  • Multiplex

Standard status

  • Active

Cooling

Heating

View

    Utilities

      Water / Sewer

      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.

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      Listing Broker

      GET SOLD REALTY INC.

      MLS® TRREB · Listing #W13820156

      Frequently Asked Questions

      Everything you need to know about valuing and buying with RealOrca.

      How is the property configured for tenants?
      Each residence has its own private entrance, separate hydro, and separate heating controls for independent living.
      What schools and area amenities are noted nearby?
      Area context lists Braeburn Junior School, The Elms Junior Middle School, Can-AIM High School, and Timothy Christian School, plus The Elms Community Pool and Pine Point Park/arena.
      What is a multiplex home in Toronto?
      A multiplex is a residential property with multiple self-contained units in one building, such as a duplex, triplex, fourplex, or larger multi-unit home. In Toronto, multiplexes are often used for owner-occupancy with rental income, full rental investment, or multi-generational living.
      What should buyers look for when purchasing a multiplex in Toronto?
      Buyers should review the number and layout of units, separate entrances, parking, building condition, and whether the property has been renovated or well maintained. It is also important to understand zoning, permitted uses, and any rental or retrofit considerations before making an offer.
      Are multiplexes in Toronto typically close to transit?
      Many multiplexes are located in established neighbourhoods with access to TTC bus, streetcar, and subway routes, and some are also convenient to GO Transit corridors. Transit access can be a major advantage for tenants and owners who want strong commute options.
      What kinds of neighbourhood features are common near Toronto multiplexes?
      Multiplexes are often found near schools, parks, community centres, libraries, shops, and local amenities that support day-to-day living. Because Toronto has citywide access to public green space and community services, many multiplex locations offer a practical urban lifestyle.