$2,795,000 - 292 Borden Street, Downtown Toronto
Townhouse for Sale in Downtown Toronto
49 days on market- MLS Number
- C12640816
- Property Type
- Townhouse
- Status
- active
- Days on Site
- 49
- Bedrooms
- 3
- Bathrooms
- 5
- Square Feet
- 1,500 - 1,999 sqft
- Neighbourhood
- Downtown Toronto / Waterfront
- Listing Brokerage
- RIGHT AT HOME REALTY
Complete quality renovation in South Annex - close to Yorkville, as well as walking distance to some of the best schools in the city! No detail has been overlooked - everything in front AND behind the walls has been updated - HVAC, plumbing, electrical - in addition to the stunning designer finishes throughout. Large aluminum windows provide ample light into the open concept main floor featuring a spacious living room and dining room with a large arch window that flows into the open concept space. The space flows into the kitchen that features custom millwork, ample storage & integrated appliances, as well as a double door walk-out to the deep back yard. The 2nd floor is a must-see primary retreat - complete with a large walk-in closet, and a spa-like primary ensuite. Another secondary bedroom with an ensuite rounds out the second floor. The 3rd floor features a wow loft space - the room has a 3 piece ensuite so it could be a large third bedroom, or it could be utilized as an amazing work loft. Step down to the basement & uncover a wine-tasting room, as well as additional living space that could serve as an entertainment area, exercise space, or an art studio! The home features a deep lot that can accommodate two car parking. This house is a dream!
Estimate your monthly payments for this property
Estimated Payment
$12,363.23/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.
292 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 25+ years of GTA real estate experience
Premium Pricing
At $1863/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.
Negotiation Opportunity
At 49 days on site, this property has exceeded the typical selling timeline for Downtown Toronto. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.
Townhouse Benefits
Townhouses offer an excellent balance of space and maintenance. You get more room than a condo with lower upkeep than a detached home. Key things to verify: whether it's freehold or condo-titled (affects fees and rules), and the condition of shared walls for noise considerations. Townhouses in Downtown Toronto have shown strong appreciation as families seek more space.
Starter Home Potential
3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.
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 $11,646 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.