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142 BORDEN STREET, Toronto (University) — listed at $2,998,000. Earn buyer cashback at closing. No catches, just more money in your pocket.
Tucked onto one of downtown Toronto's most coveted residential streets, 142 Borden Street is a turnkey income property in the heart of Harbord Village - steps from Little Italy, Kensington Market, and the University of Toronto. This is the kind of address that rarely trades hands: a beautifully maintained triplex (legal duplex with a legal self-contained basement unit), sitting on an exceptionally deep 138-foot lot with a private, fully enclosed backyard and a rear detached garage off the laneway. Configured as three self-contained 3-bedroom units, this property is built for serious cash flow and flexibility. Each unit lives large, with generous bedrooms and full self-contained layouts ideal for families, professionals, or students. With strong rents across all 3 units, the property offers gross potential income of approximately $147,000 per year - a standout return for a freehold downtown asset. Whether you're an investor seeking a stabilized portfolio piece or an owner-occupier looking to live in one unit while the others carry the mortgage, the numbers here are hard to beat. (id:60164)
| Room | Level | Dimensions |
|---|---|---|
| Living room | Ground level | 5.79 x 4.57 meters |
| Bedroom | Second level | 4.27 x 2.82 meters |
| Bedroom | Second level | 4.27 x 2.82 meters |
| Living room | Lower level | 5.38 x 3.05 meters |
| Dining room | Lower level | 5.38 x 3.05 meters |
| Kitchen | Lower level | 4.9 x 2.54 meters |
| Bedroom | Lower level | 3.53 x 2.97 meters |
| Bedroom | Lower level | 4.29 x 2.77 meters |
| Bedroom | Lower level | 4.29 x 2.77 meters |
| Dining room | Ground level | 5.79 x 4.57 meters |
| Kitchen | Ground level | 3.48 x 2.59 meters |
| Bedroom | Ground level | 3.25 x 3.05 meters |
| Bedroom | Ground level | 3.71 x 3.05 meters |
| Bedroom | Ground level | 3.35 x 5.08 meters |
| Living room | Second level | 5.41 x 5.79 meters |
| Dining room | Second level | 5.41 x 5.79 meters |
| Kitchen | Second level | 3.66 x 2.51 meters |
| Bedroom | Second level | 3.35 x 3.12 meters |
Is 142 BORDEN STREET a good fit for a growing family?+
With 9 bedrooms and 8 bathrooms, there's room for kids plus a guest room or home office. The 2-storey layout keeps living and sleeping areas separated.
What's the parking situation?+
This property includes 2 spaces — Detached Garage, Garage.
What are the ongoing costs beyond the mortgage?+
Budget for annual property taxes of $16,282.34, heating is forced air, natural gas. Always verify the latest figures with your agent before making an offer — these change yearly.
How is the home heated? Is it efficient?+
Heating is forced air, natural gas. Gas heating is generally the most cost-efficient option in Ontario winters.
What makes this a luxury property?+
At $2,998,000, standout features include 8 bathrooms. In this price range, expect higher-end finishes — verify during a showing.
Does it have a basement, and is it finished?+
Yes — Finished, Separate entrance, Walk out, N/A, N/A. A finished basement adds meaningful living space beyond the listed square footage.
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