142 Borden Street, Toronto, ON M5S 2N3
- $3,190,000
- 9
- BD
- 8
- BA
- 2,000
- SqFt
- List Price
- $3,190,000
- MLS#
- C13498482
- Status
- ACTIVE
- Type
- Multifamily
- SubType
- Triplex
- Style
- 2-Storey
- Bedrooms
- 9
- Bathrooms
- 8
- Living Area
- 2000-2500
- Province
- ON
- Municipality
- Toronto
- Area
- Toronto
- Neighborhood
- University
- Subdivision
- Harbord/Spadina
Property Description
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.
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Additional Information
- Taxes
- $16,282
- Heat Type
- Forced Air
- Heat Source
- Gas
- Air Conditioning
- Central Air
- Kitchens
- 3
- Exterior
- Brick, Stucco (Plaster)
- Garage Spaces
- 2
- Garage Type
- Detached
- Pool
- None
- Parking Spaces
- 2
- Parking Type
- Lane
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Listing courtesy of TRUSTWELL REALTY INC..