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.
Address
142 Borden Street
List Price
$3,190,000
MLS® Status
New
Property Type
Residential Freehold
Type of Dwelling
Triplex
Style of Home
2-Storey
Transaction Type
Sale
Area
Toronto C01
Sub-Area
University
Region
Toronto
Bedrooms
6 + 3
Bedrooms (Total)
9
Rooms Above Grade
12
Rooms Below Grade
6
Bathrooms
8
Floor Area
2000-2500 Sq. Ft.
Lot Depth
138
Lot Size Units
Feet
Lot Width
26.5
Parcel Number
212330331
Occupant Type
Tenant
Cross Street
Harbord/Spadina
MLS® Number
C13498482
Listing Brokerage
TRUSTWELL REALTY INC.
Basement Area
Finished with Walk-Out, Separate Entrance
Postal Code
M5S 2N3
Posession Details
TBA
Parking
Lane
Parking Places (Total)
2
Tax Amount
$16,282.34
Tax Year
2026
Interior Features
Water Heater Owned
Central Vacuum
No
Family Room
No
Ensuite Laundry
No
Special Designation
Unknown
Standard Status
Active
Board Or Association
Toronto Regional Real Estate Board
Heat Source
Gas
Heat Type
Forced Air
Cooling Features
Central Air
Construction Materials
Brick, Stucco (Plaster)
Direction Faces
West
Fireplace
No
Foundation Details
Concrete Block
Garage
Yes
Garage Type
Detached
Covered Spaces
2
Kitchens Total
3
Kitchens Above Grade
2
Kitchens Below Grade
1
Pool Features
None
Roof
Asphalt Shingle
Tax Legal Description
PLAN 112 N PT LOT 73
Waterfront
No
Sewer
Sewer
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Rooms
| Floor | Type | Dimensions | Features |
|---|---|---|---|
| Ground | Living Room | 5.79 x 4.57 | Combined w/Dining |
| Ground | Dining Room | 5.79 x 4.57 | Combined w/Living |
| Ground | Kitchen | 3.48 x 2.59 | |
| Ground | Bedroom | 3.25 x 3.05 | |
| Ground | Bedroom | 3.71 x 3.05 | |
| Ground | Bedroom | 3.35 x 5.08 | |
| Second | Living Room | 5.41 x 5.79 | Combined w/Dining |
| Second | Dining Room | 5.41 x 5.79 | Combined w/Living |
| Second | Kitchen | 3.66 x 2.51 | |
| Second | Bedroom | 3.35 x 3.12 | |
| Second | Bedroom | 4.27 x 2.82 | |
| Second | Bedroom | 4.27 x 2.82 | |
| Lower | Living Room | 5.38 x 3.05 | Combined w/Dining |
| Lower | Dining Room | 5.38 x 3.05 | Combined w/Living |
| Lower | Kitchen | 4.9 x 2.54 | |
| Lower | Bedroom | 3.53 x 2.97 | |
| Lower | Bedroom | 4.29 x 2.77 | |
| Lower | Bedroom | 4.29 x 2.77 |