40 Borden St

FOR SALE
$1,099,000
40 Borden St, Downtown Toronto
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3 + 2
BEDROOMS
3
BATHROOMS
1 + 1
KITCHENS
8
ROOMS
C9353583
MLSID
Contact Us
Property Description
Seize this incredible opportunity ideally situated within close proximity to U of T, Kensington Market, Harbord Village, and steps from shops, cafes, restaurants, and transit. This wide semi detached offers generous principal rooms, main floor family room, 3+2 bedrooms, and lower level income suite potential. At the rear of the property is a two car garage off Croft Street, a tight knit community of artists and creatives with laneway house potential. The front porch is a perfect place to sit after a long day and relax with the view of traditional and restored Victorians across the street. The main floor has indestructible marmoleum floors, picture window overlooking the street, and open concept living and dining. The spacious kitchen has stainless steel appliances and gas stove. Family room overlooks the private backyard, and has access to main floor laundry and powder room with dog shower. The second floor holds 3+1 tandem bedrooms, with hardwood floors. The principal bedroom overlooks the pretty streetscape and has a closet. Second bedroom with tandem bedroom or dressing room makes for an ideal home office or nursery. The lower level holds an in law suite with separate entry from the backyard should you wish to have income potential. Having been thoughtfully maintained by the current owner, this home is mechanically updated and upgraded with exterior waterproofing, French drain, and tankless boiler. There is oodles of opportunity to update this home and make it your own. Set in one of the city's most vibrant neighborhoods, with quick access to all you need, 40 Borden is an amazing opportunity for both end users and investors alike.
Nearby Intersections
Property Details
Street
Community
Property Type
Semi-Detached, 2-Storey
Approximate Sq.Ft.
1500-2000
Lot Size
17' x 137'
Fronting
West
Taxes
$7,103 (2024)
Basement
Apartment, Sep Entrance
Exterior
Brick, Vinyl Siding
Heat Type
Radiant
Heat Source
Gas
Air Conditioning
Wall Unit
Water
Municipal
Parking Spaces
2
Driveway
Lane
Garage Type
Detached
Room Summary
RoomLevelSizeFeatures
LivingMain14.01' x 14.50'Open Concept, Combined W/Dining
DiningMain10.99' x 11.84'Open Concept, Combined W/Living
KitchenMain12.76' x 11.58'Stainless Steel Appl, Double Sink
FamilyMain9.68' x 14.99'O/Looks Backyard, 3 Pc Bath
Prim Bdrm2nd9.32' x 14.50'Hardwood Floor, Closet, O/Looks Frontyard
2nd Br2nd12.60' x 8.66'Hardwood Floor
3rd Br2nd8.66' x 11.58'Hardwood Floor, Closet
4th Br2nd9.68' x 9.68'Large Window, Hardwood Floor
RecLower22.01' x 13.75'Broadloom
KitchenLower15.75' x 8.50'
BrLower8.99' x 9.25'
Downtown Toronto Market Statistics
Downtown Toronto Price Trend
40 Borden St is a 3-bedroom 3-bathroom home listed for sale at $1,099,000, which is $178,059 (13.9%) lower than the average sold price of $1,277,059 in the last 30 days (August 19 - September 17). During the last 30 days the average sold price for a 3 bedroom home in Downtown Toronto declined by $11,079 (0.9%) compared to the previous 30 day period (July 20 - August 18) and down $55,861 (4.2%) from the same time one year ago.
Inventory Change
There were 935 3-bedroom homes listed in Downtown Toronto over the last 30 days (August 19 - September 17), which is up 44.5% compared with the previous 30 day period (July 20 - August 18) and up 15.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in Downtown Toronto typically sold $6,433 (0.5%) above asking price over the last 30 days (August 19 - September 17), which represents a $6,730 decrease compared to the previous 30 day period (July 20 - August 18) and $37,194 less than the same period last year.
Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 3-bedroom homes in Downtown Toronto over the last 30 days (August 19 - September 17) stood at 42.2%, down from 58.4% over the previous 30 days (July 20 - August 18) and down from 42.9% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 3-bathroom home in Downtown Toronto stood at 20 days when successfully sold over the last 30 days (August 19 - September 17), compared to 59 days before being removed from the market upon being suspended or terminated.
Listing contracted with Bosley Real Estate Ltd.
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