ON > Toronto C01 > University
Toronto C01, ON M5S 2N1,116 Borden ST
Toronto C01, ON M5S 2N1,116 Borden ST
Toronto C01, ON M5S 2N1,116 Borden ST
Toronto C01, ON M5S 2N1,116 Borden ST
Toronto C01, ON M5S 2N1,116 Borden ST
Toronto C01, ON M5S 2N1,116 Borden ST
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Mahesh Khatri

Mahesh Khatri

+1(416) 464-6568
$ 1,388,000
Est. payment | /mo

2 Beds

2 Baths

Save Virtual Tour
$ 1,388,000
Est. payment | /mo
Save Virtual Tour

2 Beds

2 Baths

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Approx. Sqft 700-1100

Subdivision University

MLS Listing ID C12172380

Style Bungalow

Bedrooms 2

Annual Tax Amount $7,868

Tax Year 2024

Property Sub-Type Detached

Property Description

Incredible opportunity in the heart of Harbord Village! 116 Borden Street sits on 17ft x 138ft deep lot backing onto Croft Street, offering amazing potential for builders, investors, or end-users. The existing detached bungalow features hardwood flooring on the main level, a walkout to the private backyard, and a separate front entrance to the basement plus a second walkout from the basement to the rear yard. With a few updates, the lower level could serve as a self-contained rental unit or in-law suite, offering valuable income potential. At the rear of the property, a rare detached two-car garage opens onto Croft Street, making this home ideal for future development. A recent professional report confirms that the property qualifies for a laneway home of approx. 1,115 sq ft (plus optional garage) under Toronto's Changing Lanes program no Committee of Adjustment approval needed. Additionally, the lot may be eligible for severance, allowing for the construction of a new second home fronting Croft Street, as seen with similar nearby properties. Located on a charming, tree-lined street in one of Toronto's most sought-after neighborhood's, you're steps from College Street, Bloor Street, U of T, Kensington Market, public transit, and top-rated schools. The walkability, charm, and urban convenience of this location are unmatched. A walkability score of 91 and a transit score of 100. Whether you're planning to build, invest, or live, this is a once-in-a-lifetime chance to own in a premium downtown pocket with flexibility and future upside. Explore the possibilities at 116 Borden Street your vision starts here.

Location

Province ON

County Toronto

Community University

Area Toronto

Rooms

Family Room No

Basement Separate Entrance, Finished with Walk-Out

Kitchen 1

Separate Den/Office 1

Interior

Interior Features Carpet Free

Cooling Central Air

Fireplace No

Heat Source Gas

Exterior

Parking Features Lane

Garage Spaces 2.0

Pool None

Roof Type Unknown

Lot Frontage 17.0

Lot Depth 137.83

Total Parking Spaces 2

Building

Foundation Unknown

Others

Virtual Tour https://www.listedhq.com/mls/191268826

Listed by RE/MAX PROFESSIONALS INC.
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"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(416) 464-6568

mkhatri.teammahesh@gmail.com

7885 Tranmere Dr Unit 1, Mississauga, Ontario, L5S1V8, CAN

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116 Borden ST