142 Borden Street, Toronto, ON M5S 2N3
University, Toronto · Near Harbord/Spadina · View map
About this home
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.
The home
- Type
- Triplex
- Style
- 2-Storey
- Square footage
- 2000-2500 sq ft
- Bedrooms
- 6
- Basement bedrooms
- 3
- Bathrooms
- 8
- Kitchens
- 3
- Rooms
- 12
- Basement
- Finished with Walk-Out, Separate Entrance
- Lot size
- 26.5 x 138 ft
- Faces
- West
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
- Exterior
- Brick, Stucco (Plaster)
Heating & cooling
- Heating fuel
- Gas
- Heating type
- Forced Air
- Air conditioning
- Central Air
- Fireplace
- No
Garage & parking
- Garage
- Detached
- Garage spaces
- 2
- Total parking
- 2
- Parking features
- Lane
Taxes & other
- Property taxes
- $16,282/yr
- Tax year
- 2026
- Occupancy
- Tenant
- Possession
- TBA
- Cross street
- Harbord/Spadina
- Neighbourhood
- University
More
- Price per sq ft
- ~$1,332 (at 2,250 sq ft)
- MLS® number
- C13498482
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The home and its surroundings
- Water Heater Owned
- Mortgage
- Property tax
- Maintenance fee
Cash needed to close
Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax and Toronto municipal land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.
142 Borden Street, Toronto, ON M5S 2N3
University, Toronto · Near Harbord/Spadina
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Listing history for 142 Borden Street
See what this home and others at the same address were listed for, what they sold for, and how long it took.
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Frequently asked questions about 142 Borden Street
Answers come straight from this home’s MLS® listing.
How much is 142 Borden Street listed for, and what would it cost each month?
142 Borden Street is listed for $2,998,000. With 20% down ($599,600), the mortgage payment would be roughly $12,093 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $13,450 a month, all in. That figure is an illustration, not a quote.
Is 142 Borden Street freehold or a condo, and is there a monthly fee?
142 Borden Street is a triplex in University, Toronto. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.
How many bedrooms and bathrooms does 142 Borden Street have?
142 Borden Street has 6 bedrooms, plus 3 more bedrooms in the basement, and 8 bathrooms. The listing gives the style as 2-storey.
Does 142 Borden Street have a garage and parking?
Yes. The listing shows the garage as detached, with room for 2 cars. In total the listing counts 2 parking spaces.
Does 142 Borden Street have a finished basement?
The listing describes the basement as finished with walk-out, separate entrance. It counts 3 bedrooms on that level. Finished basement space is usually not counted in the square footage shown. A listing description is not proof of a legal second unit, so confirm zoning and permits with the municipality before counting on rental income.
What style of home is 142 Borden Street?
142 Borden Street is a triplex. A multiplex holds two or more separate units under one roof, often bought to live in one unit and rent the others.
How big is 142 Borden Street, and what is the lot size?
The listing puts the home between 2,000 and 2,500 sq ft. The board reports a range rather than an exact figure, and it usually leaves out the basement. The lot is listed as 26.5 x 138 ft.
How is 142 Borden Street heated and cooled?
Heating is forced air (gas). Cooling is central air.
What are the property taxes for 142 Borden Street?
Property taxes are $16,282 a year (2026), or about $1,357 a month.
Where is 142 Borden Street?
142 Borden Street is in the University community of Toronto. The nearest main intersection is Harbord/Spadina. The postal code is M5S 2N3.
Is 142 Borden Street still for sale?
Yes. It is an active listing (MLS® C13498482). Listings here update from the board through the day and come down once a home sells.
What are similar properties near 142 Borden Street asking?
Similar properties for sale nearby right now include 73 Crawford Street at $2,499,000 (6 bed), 106 Barton Avenue at $2,389,000 (6+2 bed) and 11 Poplar Plains Crescent at $2,800,000 (5+2 bed). These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 142 Borden Street sold for?
Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.
How do I book a showing at 142 Borden Street?
Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.
Have a different question? Ask about this home and get an answer, usually within the hour.
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Listing information comes from the Toronto Regional Real Estate Board through PropTx and is deemed reliable but is not guaranteed accurate. It is provided for consumers' personal, non-commercial use. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.