- Bedrooms
- 6
- Bathrooms
- 6
- Size
- 2,000–2,500sq ft
- Per sq ft
- $1,111at the range’s middle
- Lot
- 44.56 x 114.14 ft
- Tax a year
- $6,0222025 tax year
- Built
- 0-5
- Parking
- 4none
- Days on market
- Members
The brief
About 15 Burrard Rd
15 Burrard Rd is a 6-bedroom, 6-bathroom fourplex in Elms-Old Rexdale, Toronto, listed for sale at an asking price of $2,499,000 (MLS® W13820156).
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.
Insights
Condition Score
Good73/1001 documented update signal
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Shortfall10/100−$5,903/mo against the cost of owning (20% down, 4.8%, 25 yrs)
Source: Median of 60 homes with 6 bedrooms for lease in Toronto right now. Cost of owning counts the mortgage and property tax.
Condition uses listing-record signals, not an inspection.
The home
Key facts
- Tax
- $6,022 / 2025
- MLS® number
- W13820156
- Board
- TRREB MLS®
- Property Type
- Fourplex
- Building Age
- 0-5
- Days on market
- Size
- 2000-2500 sqft
- Lot Size
- 44.56 x 114.14 ft
- Listed on
- Parking
- None, 4 Parking
Property details
Property
- Property Type
- Fourplex
- Style
- 2-Storey
- Community
- Elms-Old Rexdale
- Municipality
- Toronto
Building
- Size
- 2000-2500 sqft
- Building Age
- 0-5
- Construction
- Brick
Inside
- Bedrooms
- 6
- Bathrooms
- 6
- Bathroom Details
- 2 × 3pc Main, 2 × 4pc Main, 1 × 3pc Bsmt, 1 × 4pc Bsmt
- Basement Type
- Separate Entrance
- Kitchens
- 4
Parking
- Garage Type
- None
- Additional Parking
- 4
- Total Parking
- 4
Utilities
- Water
- Municipal
- Cooling
- Central Air
- Heating Type
- Forced Air
Land
- Sewer
- Sewers
- Frontage
- 44.56 ft
- Depth
- 114.14 ft
- Lot Size
- 44.56 x 114.14 ft
Additional
- Foundation
- Poured Concrete
- Roof
- Asphalt Shingle
- Fireplace
- No
- Pool
- None
- Den
- No
- Family room
- No
- Extras
- As per Schedule B
Rooms
| Room | Size | Features | Level |
|---|---|---|---|
| Kitchen | 4.22 × 7.45 m | Combined W/Living, Stainless Steel Appl, Quartz Counter | Main |
| Primary | 3.44 × 3.0 m | 4 Pc Ensuite, B/I Closet | Main |
| 2nd Br | 2.84 × 3.18 m | — | Main |
| Bathroom | 1.61 × 2.54 m | 3 Pc Bath | Main |
| Kitchen | 3.49 × 7.89 m | Combined W/Living, Stainless Steel Appl, Quartz Counter | 2nd |
| Den | 1.71 × 2.29 m | — | 2nd |
| Primary | 3.49 × 3.7 m | 4 Pc Bath, B/I Closet | 2nd |
| 2nd Br | 2.86 × 3.11 m | — | 2nd |
| Bathroom | 1.64 × 2.54 m | 3 Pc Bath | 2nd |
| Kitchen | 3.32 × 5.08 m | Combined W/Living, Quartz Counter, Stainless Steel Appl | Bsmt |
| Primary | 2.7 × 2.9 m | — | Bsmt |
| Bathroom | 1.6 × 2.35 m | 4 Pc Bath | Bsmt |
| Kitchen | 5.06 × 4.04 m | Combined W/Living, Stainless Steel Appl, Quartz Counter | Bsmt |
| Primary | 2.56 × 3.13 m | — | Bsmt |
| Bathroom | 1.64 × 2.5 m | 3 Pc Bath | Bsmt |
Listing history
Buy/sell history for 15 Burrard Rd, Toronto, Ontario
Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| Date StartN/A | N/A | $2,499,000 | N/A | For Sale | W13820156 |
Members see the full history. Prices are hidden from signed-out visitors.
The numbers
Mortgage Calculator
Plan with the current asking price
CMHC insurance: not required at 20% down. Payments use Canadian semi-annual compounding.
Mortgage Details
4.8% · 5-year term · 25-year amortization · 20% down
- Total down payment
- $499,800
- Total mortgage amount
- $1,999,200
- Total interest payment
- $1,421,100
- Total purchase cost
- $3,920,100
- Mortgage payment
- $11,401/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
61%Monthly carrying cost
$11,903- Rent $6,000
- Shortfall $5,903
Rental income opens at $6,000, the median asking rent of 60 comparable homes for lease in Toronto. Type over it with the rent you expect. This is a planning tool, not advice.
Land transfer tax on this home
- Ontario land transfer tax
- $48,950
- Toronto municipal land transfer tax
- $48,950
- Total land transfer tax
- $97,900
- First-time buyer rebates (Ontario up to $4,000 + Toronto up to $4,475)
- −$8,475
- Total for first-time buyers
- $89,425
See how this is worked out
- 0.5% on the first $55,000
- $275
- 1.0% from $55,000 to $250,000
- $1,950
- 1.5% from $250,000 to $400,000
- $2,250
- 2.0% from $400,000 to $2,000,000
- $32,000
- 2.5% from $2,000,000 to $2,499,000
- $12,475
- Ontario total
- $48,950
Toronto’s municipal tax uses the same brackets at this price, so it adds another $48,950.
An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.
Estimate
Estimated value requires sign in
Market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.
The estimate is an automated value built from public and MLS® data. It is not an appraisal; ask Kassaundra Dobson, Broker of Record for a full comparative market analysis.
Comparable sales
Comparable sales require sign in
Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.
The land
Lot
- Lot area
- 5,086 sq ft473 m²
- Street frontage
- 44.56 ft13.6 m
- Depth
- 114.14 ft34.8 m
The area is the frontage multiplied by the depth, so boundaries are approximate. Confirm with a survey before you buy.
Source: the MLS® listing record.
Land and environment
Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.
Water and conservation3
- Not in Toronto and Region Conservation Authority’s mapped regulated areaAt the address
- No mapped wetland within 120 m120 m
- No water-supply well recorded within 250 m7 test or monitoring holes also recorded.250 m
Toronto and Region Conservation Authority · Province of Ontario open data
Planning and building activity4
- Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasAt the address
- 25 building permits issued within 250 m in the last 2 years250 m
- Nearest airport: 5.0 km5 km
- Mapped parcel: about 5,030 sq ftMeasured from the municipal parcel map, which can differ from the survey and from the lot size in the listing.At the address
Province of Ontario open data · Municipal building permits · toronto.parcels
Around the home2
- Nearest rail line: 740 m740 m
- A trail on the Ontario trail network within 1 km1 km
Province of Ontario open data
Environmental records4
- No licensed pit or quarry within 2 km2 km
- No recorded oil, gas or salt well within 250 m250 m
- 1 facility within 1 km reports pollutant releases to Environment CanadaThe nearest is Postmedia Network Inc. — Postmedia Islington Printing Division, 410 m away. Facilities report to the National Pollutant Release Inventory above set thresholds; reporting a release is not a finding of harm.1 km
- No federal contaminated site within 1 kmThe federal inventory covers federal land only; it says nothing about provincial or private sites.1 km
Province of Ontario open data · Government of Canada open data
Power and internet3
- Electricity is distributed here by Toronto Hydro-Electric System LimitedAt the address
- Wired internet 50/10 Mbps or faster is listed at this locationFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (10 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.At the address
- Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Beanfield Metroconnect, Bell, FibreStream. Cable: Rogers. DSL: Bell. Fixed wireless: Bell, Rogers, Routcom. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.Area-wide
Ontario Energy Board · Innovation, Science and Economic Development Canada
Each record is placed at the distance its own line states. None of it is an inspection of the property. Confirm anything that matters to you with the municipality, Toronto and Region Conservation Authorityor the record’s publisher.
Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario. Contains information licensed under the Open Government Licence – Toronto. Contains information made available under the Toronto and Region Conservation Authority Open Data Licence v1.0.
Heritage and ravine protection
- Not found on the Heritage Register
- Not in a mapped Heritage Conservation District
- Not in the mapped ravine protection area
What this means: None of these City records was found at this address. That does not rule out other approvals, such as a conservation authority permit, so check before you plan work.
City of Toronto Heritage Register, Heritage Conservation Districts and the Ravine and Natural Feature Protection by-law, read at this address from the City’s maps. Contains information licensed under the Open Government Licence – Toronto.
Zoning
Zone
RM (u4) (x18)By-law
569-2013Municipality
Toronto1 u4
Unit count: at most 4 dwelling units.
2 x18
Site-specific exception 18: this site has rules of its own, written in the by-law.
3 Where this is written
Chapter 10, section 10.80 of By-law 569-2013 · Exception 900.6.10(18)
4 What that means in practice
These are the zone’s rules, not permission for this lot. What can be built also depends on the exceptions, overlays and setbacks that apply here. Confirm with the City before you plan.
City of Toronto Zoning By-law 569-2013, read at this address from the City’s zoning map. Open the City’s zoning map. Contains information licensed under the Open Government Licence – Toronto.
Permit history
11 building permits cleared at this address in the City’s file.
Alternative SolutionApproved
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 units, to ensure that any part of the drainage pipes located in the unit can be cleaned without entering the space of another unit.The domestic hot and cold-water lines installed in a fire rated enclosure/ceiling/shaft throughout both basement dwelling units. A floor leak detection system in each of the dwelling units will be provided.
Completed May 1, 2026
Building Permit Related(PS)Closed
Plumbing - Proposed Interior Alterations to create fourth unit in basement & covert Triplex to Fourplex
Issued December 16, 2024
Multiple ProjectsClosed
Proposed Interior Alterations to create fourth unit in basement & covert Triplex to Fourplex
Issued November 19, 2024
Building Permit Related(MS)Closed
HVAC - Proposed Interior Alterations to create fourth unit in basement & covert Triplex to Fourplex & construct a two-storey detached garage.
Issued November 19, 2024
Building Permit Related(MS)Closed
HVAC - Interior alterations to convert two unit dwelling into three unit dwelling, seconf floor to be converted into third unit.
Issued October 14, 2022
Interior AlterationsClosed
Interior alterations to convert two unit dwelling into three unit dwelling, seconf floor to be converted into third unit.
Issued October 13, 2022
Building Permit Related(PS)Closed
Plumbing - construct new 2 storey house with 2nd suite in basement
Issued April 16, 2021
Building Permit Related(MS)Closed
HVAC - construct new 2 storey house with 2nd suite in basement
Issued April 16, 2021
City of Toronto Open Data — cleared building permits, which begin in 2017. Contains information licensed under the Open Government Licence – Toronto.
Signals around this home
No open development applications within 800 m of this home.
The market
Market area · filters apply to the charts below
The street
Map and tour
Transit nearby
| Station | Lines | Distance |
|---|---|---|
| Etobicoke North GO | GO Transit train: Kitchener | 1.2 km |
| Weston GO | GO Transit train: KitchenerUP Express train | 3.4 km |
| Rowntree Mills Station | TTC light rail: Line 6 Finch West | 3.9 km |
| Pearldale Station | TTC light rail: Line 6 Finch West | 3.9 km |
| Humber College Station | TTC light rail: Line 6 Finch WestBrampton Transit bus rapid transit: Züm Steeles | 4.4 km |
The nearest subway, light rail, train, bus rapid transit stations 5 km, as the crow flies. Source: TTC schedule data (GTFS) from the Toronto Transit Commission under the Open Government Licence – Toronto; GO Transit and UP Express schedule data (GTFS) from Metrolinx under the Open Government Licence – Ontario – Metrolinx; Brampton Transit schedule data (GTFS) from the City of Brampton under the Creative Commons Attribution 4.0 licence (CC BY 4.0), downloaded October 18, 2026. Contains information licensed under the Open Government Licence – Toronto. Data used in this product or service is provided with the permission of Metrolinx. Metrolinx makes no representations or warranties of any kind, express or implied, with respect to the Data and assumes no responsibility for the accuracy or currency of the data used in this product or service. Contains information licensed under the Open Government Licence – Ontario – Metrolinx. Brampton Transit data © City of Brampton; Valery selected the Züm stations from it and grouped their stops.
Schools nearby
| Elementary | Type | Distance | EQAO average 2024–25 |
|---|---|---|---|
| Elmlea Junior SchoolToronto DSB | Public · grades JK–5 · French Immersion | 350 m | 46%Grade 3 average |
| St Stephen Catholic SchoolToronto CDSB | Catholic · grades JK–8 | 1 km | 64%Grade 6 average |
| The Elms Junior Middle SchoolToronto DSB | Public · grades JK–8 | 1 km | 57%Grade 6 average |
| École élémentaire Félix-LeclercConseil scolaire Viamonde | French-language public · grades JK–6 | 2.7 km | 94%Grade 6 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| Dante Alighieri AcademyToronto CDSB | Catholic · grades 9–12 | 1.3 km | 41%Grade 9 math |
| Caring and Safe School 1Toronto DSB | Public · grades 9–12 | 1.4 km | — |
| School of Experiential EducationToronto DSB | Public · grades 9–12 · French Immersion | 1.4 km | — |
| ÉSC de l'Ascension - VaughanConseil scolaire catholique MonAvenir | French-language Catholic · grades 9–12 | 9.9 km | 57%Grade 9 math |
EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.
The verdict
Similar Active Listings
Recently sold nearby
Sold prices in Elms-Old Rexdale are shown to signed-in members.