$1,099,000
11.80 BTC
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241 Langley Avenue, Toronto
$1,099,000
PRICE
3
BEDROOMS
4
BATHROOMS
E13819058
MLSID

241 Langley Avenue, Toronto

**North Riverdale Three-Unit Property with Parking & 135' Deep Lot.** A rare opportunity to own a versatile three-unit property in one of Toronto's most established neighbourhoods. This classic 2.5-storey semi-detached home offers a spacious one-bedroom main-floor/basement suite with a beautifully renovated kitchen and excellent overall condition, plus two additional one-bedroom apartments above. The upper suites are occupied by month-to-month tenants who would like to remain, providing immediate rental continuity and future opportunity to upgrade. The outdoor space is a standout feature. The main-floor suite enjoys private access to a beautifully landscaped, fully fenced rear yard with mature greenery, multiple decks and plenty of room to relax, entertain or simply escape the city adding a lifestyle component not often found on an income property. The upper suites also enjoy their own decks, while parking at the rear adds practicality and value. Most major mechanical systems have been updated within the past 10 years. The partially finished basement provides additional storage, living and utility space for the main-floor suite, along with laundry and an additional 2-piece bathroom. The main-floor/basement suite is currently owner-occupied. The owner would like to remain and is prepared to discuss a purchase arrangement providing a credit equivalent to two years' rent for the suite, or vacant possession is also an option. An ideal opportunity for investors, multigenerational buyers, or those looking to live in one unit while generating income from the others. And then there's the neighbourhood. Riverdale Park, local shops, restaurants, cafes and everyday amenities are all close at hand. Major subway infrastructure construction is underway nearby and will bring enhanced transit options and connectivity to the area upon completion. A versatile three unit property with parking , a 135' deep lot, established tenants and genuine income potential.
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Summary

Address
241 Langley Avenue
MLSID
E13819058
Property Type
Triplex
Property Category
Bedrooms
3
Bathrooms
4
Kitchens
3
Taxes (Annual)
$6,798.37
Tax Year
2026
Published
September 23, 2026
Days on Market
0 Days
Possession Type
Flexible
Possession Details
Flexible
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Inclusions

Unit 1: Fridge, Stove, Dishwasher, Microwave/Hoodvent, Washer&Dryer, Unit 2: Fridge, Stove, Dishwasher. Unit 3: Fridge, Stove. GB&E. Parking @ Rear off of Laneway.

Exclusions

Unit 2: Window Air Conditioner and Freezer (Belongs to Tenant)

Details

Property Features
Park, Ravine, Public Transit
Bathroom 1
4-Piece Main Level
Bathroom 2
2-Piece Basement Level
Bathroom 3
4-Piece Second Level
Bathroom 4
4-Piece Third Level
Basement
Partially Finished, Walk-Out, Walk-Up
Interior Features
Primary Bedroom - Main Floor, Storage Area Lockers, Water Heater
Parking Spaces
1
Parking Total
1
Parking Features
Private
Architectural Style
2 1/2 Storey
Roof
Asphalt Shingle
Construction Materials
Aluminum Siding, Brick
Lot Size
2,332 SquareFeet
Lot Width
17 Feet
Lot Depth
136 Feet
Water
Municipal
Heat Source
Gas
Heat Type
Forced Air
New Construction
No
Occupant Type
Owner+Tenant
Private Entrance
No
Sauna
No
Seasonal Property
No
Hot Tub / Spa
No
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Listing Contracted with SAGE REAL ESTATE LIMITED
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