1 / 28

Investment signal

$2,999,000

233 BORDEN STREET

Save this home

Beds

Baths

Sqft

—

Year

—

Type

Multi-family

Suite

Suite potential

Text Hasan Open map Ask a question

Location nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Toronto (University). The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

About this home

Amazing Investment Opportunity In The Heart Of The Annex! Detached Legal Triplex Featuring 3 Spacious & bright Self-Contained Units With Separate Entrances, 12 Bedrooms, 6 Bathrooms & 3 Kitchens. High Ceilings And A Large Backyard with walk-out basement. $$$ Spent On Renovations Over The Years. Fully Tenanted With Reliable Occupants, Generating Strong Rental Income Of Over $15,000/Month. Shared Coin Laundry Provides Additional Income, The Private Driveway And Detached Garage Offer Extra Value With Parking Rental Income. Low Maintenance Costs. Potential Lot Severance & Laneway Garden Suite Option. Steps To UofT, Subway, TTC, Shops & Restaurants. This Exceptional Property Is Perfect For Investors Seeking Solid Income In A Prime Location. Photos Were Taken When The Property Was Previously Staged (id:65958)

Subtype: Multi-family
Structure: Triplex
Community: University
Lot dimensions: 25 x 114 FT
Bedrooms: 8 above grade, 4 below grade
Parking: 2 total
Stories: 2
On market: Apr 23, 2026
Status changed: Apr 23, 2026
Annual tax: $10,866
Photos: 28
MLS#: C13037098
Area: TORONTO_(UNIVERSITY)

Features and systems

Parking

Garage

Basement

FinishedSeparate entranceWalk outN/AN/A

Appliances

AllWasherRefrigeratorStoveDryer

Heating

Radiant heatNatural gas

Cooling

None

Exterior

BrickAluminum siding

Flooring

TileWood

Lot

Carpet Free

Negative cash flow ~$3,110/mo at these assumptions

Monthly rent (CAD)Adjust to your local market estimateDown payment (%)Investment props typically 20-25%Mortgage rate (% annual)Default 4.5% — adjust to your rate holdAmortization (years)

Cash on cash

-6.22%

Cap rate

3.62%

GRM

16.7

Break-even rent

$18,273

Financing

Down payment$599,800

Loan amount$2,399,200

Mortgage$12,156/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$1,375

Insurance$80

Maintenance$2,499

CapEx reserve$1,250

Vacancy loss$750

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.

Mortgage estimate

Estimated $12,156/mo at 4.5% with 20% down, 30-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 23, 2026.