MLS® listing
142 Borden Street: triplex for sale
$2,998,000
From the listing brokerage
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.
Facts on the listing
| Square feet | 2000-2500 |
|---|---|
| Style | 2-Storey |
| Basement | Finished with Walk-Out, Separate Entrance |
| Lot width | 26.5 |
| Lot depth | 138 |
| Lot measured in | Feet |
| Faces | West |
| Parking spaces | 2 |
| Garage | Detached |
| Heating | Forced Air |
| Cooling | Central Air |
| Kitchens | 3 |
| Property tax | $16,282 |
| Tax year | 2026 |
| Parking | Lane |
| Interior features | Water Heater Owned |
Listing courtesy of TRUSTWELL REALTY INC.. MLS® C13498482.
About this triplex
142 Borden Street is a 9 bedroom triplex in TRREB's University community in Toronto, listed for sale at $2,998,000. The listing shows 8 bathrooms and 2000-2500 square feet. The style is given as 2-storey. The lot is listed as 26.5 by 138 feet. The listing gives the basement as finished with walk-out, separate entrance. It comes with 2 parking spaces and a detached garage according to the listing. The nearest main intersection given is Harbord/Spadina.
These details come from the listing brokerage through TRREB's MLS® System. Room sizes, the lot, the taxes and what is included in the sale should all be confirmed before an offer is firm.
What it costs to buy 142 Borden Street
At the asking price of $2,998,000, a buyer pays two land transfer taxes on closing: the Ontario tax and the City of Toronto's municipal tax. Both apply to every home inside the City.
| Asking price | $2,998,000 |
|---|---|
| Ontario land transfer tax | $61,425 |
| Toronto municipal land transfer tax | $61,425 |
| Both taxes | $122,850 |
| First-time buyer relief, if you qualify | up to $8,475 |
| Minimum down payment | $599,600 |
The down payment figure is the federal minimum: 20 percent, because a home at $1.5 million or more cannot carry mortgage default insurance. A lender can ask for more. These figures use the asking price, so they change if you pay more or less. The rates above $2,000,000 used here are the ones for a home with one or two single family residences. A property with more units is taxed differently. Legal fees, title insurance and adjustments are extra: ask your lawyer for a written quote. This is general information, not legal or tax advice. Confirm the figures with a lawyer or accountant. You can change the price in our land transfer tax calculator and our mortgage calculator.
What it costs to own each month
| Property tax (2026) | $16,282 a year, about $1,357 a month |
|---|
That is before a mortgage payment, home insurance and utilities. The listing shows no monthly maintenance fee, so upkeep of the building and the lot is the owner's own cost.
What to check before you make an offer
- Book a home inspection. An inspector looks at the roof, foundation, wiring, plumbing and heating. The listing gives the heating as forced air.
- Have a lawyer search the title. A title search shows mortgages, liens and easements registered against the property. Ask whether a survey exists and whether it matches the lot on the listing, 26.5 by 138 feet.
- Ask about permits. Ask which renovations had building permits and whether those permits were closed. The listing shows 3 kitchens. If there is a second unit, ask whether it meets the municipality's rules for one.
- Confirm what is included. Appliances, light fixtures and window coverings are included only if the agreement says so. Ask whether the water heater or furnace is rented.
- Get your financing in writing. A lender looks at the property tax and heating costs as well as the price.
- See it in person. Photos do not show noise, light at different hours or the state of the street and the homes beside it.
Our first-time home buyer guide and our page for buyers walk through each step. This is general information, not legal advice. Confirm the details with a lawyer.
Toronto neighbourhoods and prices
Our neighbourhood guides set out TRREB prices by home type, transit and the housing in each area we cover.
Toronto neighbourhood guides · Toronto house prices · All Toronto homes for sale
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Questions about 142 Borden Street
How much is land transfer tax on 142 Borden Street?
At the asking price of $2,998,000 the Ontario tax is $61,425 and the Toronto tax is $61,425, $122,850 in total. A first-time buyer who qualifies can get up to $8,475 back. Confirm the final figures with your lawyer.
What is the minimum down payment for 142 Borden Street?
$599,600 at the asking price of $2,998,000, under the federal minimum down payment rules. A lender may require more.
How much is the property tax on 142 Borden Street?
The listing shows $16,282 a year for 2026, about $1,357 a month.
How do I book a showing for 142 Borden Street?
Use the form on this page or call us. Quote MLS® C13498482. We will confirm the listing is still available and arrange a time with the listing brokerage.
Is 142 Borden Street still for sale?
This page is refreshed from TRREB's MLS® System through the day. If the listing sells or is withdrawn the page says so. Contact us to confirm before you make plans.
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