$1,578,000 - 107 Borden Street, Downtown Toronto
Townhouse for Sale in Downtown Toronto
Popular ListingNeighbourhood: University
- MLS Number
- C13472950
- Property Type
- Townhouse
- Status
- active
- Days on Site
- 14
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 1,500 - 1,999 sqft
- Neighbourhood
- Downtown Toronto / Waterfront
- Listing Brokerage
- RE/MAX PROFESSIONALS INC.
Attention Builders, Renovators, Investors & End Users! Rare opportunity to create something truly special in the heart of Harbord Village, one of Toronto's most sought-after neighbourhoods. This solid 3-storey home offers endless possibilities - renovate, redesign, restore, build your dream home, or create an incredible investment opportunity in an unbeatable location. Featuring a rare detached double car garage with exceptional laneway access, this property qualifies for a custom laneway suite opportunity with the potential to build an approximately 1,562 sq.ft. two-storey laneway home creating incredible flexibility for multi-generational living, rental income, guest accommodations or future resale value. Even more impressive - the laneway home opportunity is permitted as-of-right with no Committee of Adjustment approvals required. The existing home offers generous proportions across 3 storeys with endless design possibilities including the opportunity to transform the entire third floor into an incredible primary retreat with the right vision. Hardwood floors throughout make this home highly livable today while offering unlimited future potential. The basement features a separate walkout to the backyard and existing kitchen creating excellent potential for a separate income suite, in-law suite or multi-generational living arrangement. The main floor kitchen also walks out to a beautiful backyard deck overlooking a private backyard. Build to sell, build to hold, renovate and customize, or create a one-of-a-kind urban compound. This location is truly exceptional. Steps to College Street's vibrant cafes, restaurants, boutiques and everyday conveniences. Enjoy incredible walkability with easy access to parks, excellent schools , UofT, TTC, transit connections, Kensington Market, Little Italy, Trinity Bellwoods and downtown Toronto. A rare opportunity, where location, lot functionality and future potential come together.
Estimate your monthly payments for this property
Estimated Payment
$6,980.03/mo
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Discover University
University is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in University
- •Convenient location in Downtown Toronto / Waterfront
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
University offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
107 Borden Street, Downtown Toronto / Waterfront
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Rental income estimator & ROI calculator
Monthly Cash Flow Breakdown
Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Fair Market Value
At $1052/sqft, this property is priced in line with current Downtown Toronto market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.
Townhouse Benefits
Townhouses offer an excellent balance of space and maintenance. You get more room than a condo with lower upkeep than a detached home. Key things to verify: whether it's freehold or condo-titled (affects fees and rules), and the condition of shared walls for noise considerations. Townhouses in Downtown Toronto have shown strong appreciation as families seek more space.
Starter Home Potential
3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.
About University
I know University well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.
Investment Perspective
Looking at this as an investment: Downtown Toronto properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $6,575 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.
Let's See It Together
Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.