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:13843)
| MLS # | C13498482 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Days On Site | 125 |
| Listing Provided By | TRUSTWELL REALTY INC. | STEPHEN C.C. WONG |
| Bed(s) | 9 |
|---|---|
| Bath(s) | 8 Total |
| SQ Feet | 2,000 |
| Garage | 2 |
| Basement | Y |
| Story(s) | 2 |
| Cooling | Central air conditioning |
|---|---|
| Heating | Forced air, Natural gas |
| Appliances | Washer, Refrigerator, Stove, Dryer, Hood Fan, Water Heater - Tankless, Water Heater |
| Fireplace Yes / No | No |
| Lot Features | Lane |
|---|---|
| Foundation Details | Block |
| Parking Features | Detached Garage, Garage |
|---|---|
| Parking Total | 2 |
| Sewer | Sanitary sewer |
|---|---|
| Water Source | Municipal water |
| Tax Annual Amount | 16282.34 |
|---|
| Province | ON |
|---|---|
| City | Toronto (University) |
| Postal Code | M5S2N3 |
| Listing VS Median (in M5S2N3) | |
Price: $2,998,000 low | high Med: $2,998,000 sqft: 2,000 low | high Med: 2,000 $ / sqft: $1,499 low | high Med: $1,499 On site: 125 low | high Med: 125 | |
| Province | ON |
|---|---|
| City | Toronto (University) |
| Postal Code | M5S2N3 |
| Listing VS Median (in M5S2N3) | |
Price: $2,998,000 low | high Med: $2,998,000 sqft: 2,000 low | high Med: 2,000 $ / sqft: $1,499 low | high Med: $1,499 On site: 125 low | high Med: 125 | |