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.
Property Type:
Residential Freehold
Property Sub Type:
Triplex
Home Style:
2-Storey
Total Approx Floor Area:
2000-2500
Lot Depth:
138'42.1 m
Lot Frontage:
26'6"8.08 m
Direction Faces:
West
Bedrooms:
6+3
Bathrooms:
8.0
Water supply:
Municipal
Kitchens:
3
Kitchens in Basement:
1
Bedrooms Above Grade:
6
Bedrooms Below Grade:
3
Kitchens Above Grade:
2
Rooms Above Grade:
12
Rooms Below Grade:
6
Heating type:
Forced Air
Heating Fuel:
Gas
Foundation:
Concrete Block
Roof:
Asphalt Shingle
Basement:
Finished with Walk-Out, Separate Entrance
Fireplace/Stove:
No
Garage:
Detached
Garage Spaces:
2.0
Parking Features:
Lane
Parking Spaces:
0
Total Parking Spaces:
2.0
Family Room:
No
Possession Details:
TBA
Pool:
None
HST Applicable To Sale Price:
Included In
Taxes:
$16,282.34 /
2026
Assessment:
$- /
-
Toronto
Toronto C01
University
Water Heater Owned
(None). All owned
3 stoves, 3 range hoods, 3 refrigerators, 3 washers, 3 dryers, 3 furnaces, 3 central air conditioning units, 2 whole-house dehumidifiers, 2 hot water tanks, and 1 tankless water heater.
Ring camera doorbells, ISP-provided modem/router and Wi-Fi units, Wi-Fi extenders, and tenants' belongings.
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