148 Borden Street

Nestled in the vibrant University community of Toronto, 148 Borden Street, Toronto, presents an exceptional turnkey investment opportunity that simply cannot be overlooked. This impressive multiplex stands as a testament to both presence and performance, boasting a stylish three-storey design that has been meticulously crafted for modern living. With a rebuilt coach house proudly perched atop a spacious three-car detached garage, this property is a striking example of contemporary architecture, featuring a fresh stucco exterior, new roof, and updated windows that enhance its curb appeal.

As you explore this Multi-Family Home for sale in Toronto , you’ll discover that it was built in 2000, exemplifying efficiency and autonomy. The property is equipped with five separate gas meters, hydro meters, and central air conditioning units, ensuring fully independent utility management for each suite. This thoughtful design not only promotes convenience but also provides a seamless living experience for its residents. The property includes a total of 19 rooms, featuring five well-appointed kitchens, which cater to the culinary needs of the various suites.

The accommodation within this Multi-Family Home for sale in Toronto is nothing short of impressive. With eight bedrooms and a total of ten bathrooms, this property is designed to accommodate a diverse range of living arrangements. The suites comprise a mix of one, two, and three-bedroom configurations, with two expansive layouts that span across two levels, each boasting two bathrooms. High ceilings and generous floor plans create an inviting atmosphere, while the inclusion of gas fireplaces adds a touch of warmth and character to the living spaces.

At 148 Borden Street, Toronto, the attention to detail is evident in every corner. The property is unfurnished, allowing new owners the freedom to personalise their living spaces to their liking. Although there is no family room or central vacuum system, the features that are present more than compensate, making this a truly desirable investment. The finished basement apartment, complete with a walk-out and separate entrance, adds an extra layer of versatility to the property, ideal for guests or additional rental income.

Another significant highlight of this Multi-Family Home for sale in Toronto is the robust security features, including alarm systems and owned hot water tanks, which ensure peace of mind for residents. The property is connected to municipal water and sewer systems, further enhancing its appeal as a low-maintenance investment. The lot measures an impressive 26 by 138 feet, providing ample outdoor space for potential landscaping or recreational use.

Parking is a breeze with the three-car garage and lane driveway, although there is no additional parking space available. This aspect may be particularly appealing to those who appreciate the convenience of having dedicated parking in a bustling urban environment. The lack of a swimming pool may be seen as a downside, but the property's other features more than make up for it, offering an ideal setting for both investors and those looking for an upscale urban residence.

In summary, 148 Borden Street, Toronto, is a remarkable Multi-Family Home for sale in Toronto that combines modern convenience with enduring quality. This meticulously maintained property offers a unique blend of luxury and practicality, making it an ideal choice for investors seeking a solid, low-maintenance income property. With its prime location in the University community and a wealth of features designed for independent living, this property is a rare find that should not be missed. Whether you’re looking to invest or envisioning an upscale urban residence, this Multi-Family Home for sale in Toronto is sure to meet your needs and exceed your expectations.

The University community in Toronto is a vibrant and dynamic area, characterised by its rich tapestry of academic institutions, cultural diversity, and lively social scene. Nestled amidst tree-lined streets and historic architecture, this neighbourhood is home to a plethora of students, faculty, and residents, fostering an atmosphere of intellectual curiosity and collaboration. With an array of cafes, bookstores, and cultural venues, the community buzzes with energy, offering countless opportunities for engagement and exploration. The proximity to parks and public transport ensures easy access to the wider city, making it an ideal place for those seeking a stimulating environment that blends education, culture, and urban living.

Schools in the Neighbourhood

This property is conveniently located near several educational institutions, making it an excellent choice for families. The closest option is King Edward Junior and Senior Public School, just 0.3 km away, offering grades JK to 8 with a school rating of 6.8. For secondary education, Harbord Collegiate Institute is only 0.6 km from the property, boasting an impressive rating of 8.8 for grades 9 to 12. Additionally, Lord Lansdowne Junior Public School, located 0.5 km away, provides French language instruction for JK to 8, although it currently has a rating of 0. St. Francis Assisi Catholic School, 0.8 km away, offers English instruction for JK to 8 with a rating of 4.7, while St. Joseph's College School, 1.5 km away, serves grades 9 to 12 and has a rating of 7.6. St. Mary Catholic School, located 1.7 km from the property, caters to younger students with a rating of 5.7. Lastly, St. John Bosco Catholic School is situated 4.7 km away, offering French language education for JK to 6. This diverse range of schools provides excellent options for families with children of all ages.

Key Statistics of the Neighbourhood

The area surrounding the property has a population of 468 residents, with an average household size of 2.4 individuals. The demographic profile indicates a mature community, with an average age of 40.6 years. The economic landscape is relatively affluent, characterized by an average household income of $127,000, although 10.4% of the population falls within the low-income bracket. The average property price in the area is $1,360,000, reflecting the high demand for housing. A significant portion of the community, 57.47%, is single, while 40.91% of households include children, indicating a mix of family structures. The area is also diverse, with 36.63% of residents being immigrants. Renting is common, with 42.86% of the population identified as renters, and there are no condominiums available. Education levels are high, with 63.83% of residents holding a college or university degree. However, a notable 36.17% of the population is not actively participating in the labor force. This demographic snapshot highlights a well-educated, diverse, and relatively affluent community, making it an attractive location for potential homeowners and investors alike.