University, Toronto · Multi-Family · Triplex
Last updated by the listing brokerage Aug 7, 2026
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| Tax year | Annual property tax | Change | Source |
|---|---|---|---|
| 2026 | $16,282 | — | MLS® listing |
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Sign in to view historyTucked 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.
| Level | Room | Size | Features |
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Mortgage uses Canadian semi-annual compounding. Houses-Gate doesn’t offer financing.
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First-time buyers can get up to $4,000 back on Ontario land transfer tax. Toronto adds its own land transfer tax; first-time buyers can get up to $4,475 back on it.
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