Overview
|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.
Additional Details
- Roof: Asphalt Shingle
- Sewer: Sewer
- Cooling: Central Air
- County: Toronto
- Property Type: Residential
- Pool: None
- Parking: Lane
- Architectural Style: 2-Storey
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