$4,599,000 - 239 Borden Street, Downtown Toronto
Detached for Sale in Downtown Toronto
New — Listed 2 days ago- MLS Number
- C13432518
- Property Type
- Detached
- Status
- active
- Days on Site
- 2
- Bedrooms
- 4
- Bathrooms
- 5
- Square Feet
- 2,000 - 2,499 sqft
- Neighbourhood
- Downtown Toronto / Waterfront
- Listing Brokerage
- HARVEY KALLES REAL ESTATE LTD.
Experience a truly exceptional, fully rebuilt residence in the heart of the Annex, where timeless character meets uncompromising modern design. Completed in July 2023, this home retains only its original facade, with every other element thoughtfully reimagined to deliver over 3,400 square feet of refined living space across four levels. Inside, the home offers 3 spacious bedrooms on the second level, including a stunning principal retreat with a luxurious 5-piece ensuite, while a fully self-contained lower-level suite provides a fourth bedroom or ideal in-law accommodation with its own kitchen, laundry, and private walkout. In total, five beautifully appointed washrooms serve the home, each finished with elevated materials and meticulous attention to detail. Designed by Lyndsay Jacobs Interiors and featured in House & Home and Timeless Living, the interiors showcase custom millwork, restored 1878 stained glass, white oak herringbone floors, and hand-selected marble and limestone finishes imported from Greece. A dramatic three-storey staircase, illuminated by skylights, fills the home with natural light, while curved architectural lines and premium fixtures from Waterworks, Kallista, and Forbes & Lomax create a cohesive, elevated aesthetic throughout. The kitchen is both functional and striking, anchored by custom cabinetry, a 17-foot floating Nero Borghini marble shelf, premium Thermador appliances, and seamless indoor-outdoor flow through a 10-foot bifold door. The living spaces extend outdoors to a beautifully landscaped yard designed for entertaining, as well as a rooftop terrace complete with a saltwater hot tub and gas hookup-offering breathtaking treetop and CN Tower views. The lower level is equally impressive, featuring a custom media room with integrated Bowers & Wilkins surround sound, a 400-bottle climate-controlled wine cellar, and thoughtful additions such as a dog wash station and extensive built-in storage.
Estimate your monthly payments for this property
Estimated Payment
$20,342.93/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 Downtown Toronto / Waterfront
Downtown Toronto / Waterfront 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 Downtown Toronto / Waterfront
- •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
Downtown Toronto / Waterfront 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.
239 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
Premium Pricing
At $2300/sqft, this property is priced above the Downtown Toronto average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.
Just Listed - Act Strategically
This property hit the market within the last week. In Downtown Toronto's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.
Detached Home Advantages
Detached homes in Downtown Toronto are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.
Family-Friendly Layout
4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Downtown Toronto. Good resale value as demand remains consistent.
Bathroom Count Matters
With 5 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.
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 $19,163 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.