241 Langley Avenue Toronto (North Riverdale), Ontario M4K 1C1
$1,149,000
North Riverdale Triplex with Parking & 135' Deep Lot. A rare opportunity to own a genuine three-unit property in one of Toronto's most established neighborhoods. 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 be upgraded. The upper units enjoy decks and the main unit features yard access. Most major mechanical systems have been updated within the past 10 years. A generous 135' deep lot provides a fully fenced rear yard with decking and landscaping, while parking at rear adds an increasingly rare feature for North Riverdale. A partially finished walk-up basement provides additional storage and utility space. 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 neighborhood. Riverdale Park, local shops, restaurants, cafes and everyday amenities are all close at hand. Major subway infrastructure construction is currently underway nearby and will bring improved transit access once complete. For the buyer with a longer view, patience should be rewarded as the project is completed, bringing new connectivity and energy to an already established neighborhood. A true Toronto triplex with parking, a deep lot, established tenants and genuine income potential - a property that makes sense today while offering more upside as the neighborhood evolves. (id:40227)
Property Details
| MLS® Number | E13690344 |
| Property Type | Multi-family |
| Community Name | North Riverdale |
| AmenitiesNearBy | Park, Public Transit |
| EquipmentType | Water Heater, Heat Pump |
| Features | Ravine |
| ParkingSpaceTotal | 1 |
| RentalEquipmentType | Water Heater, Heat Pump |
Building
| BathroomTotal | 4 |
| BedroomsAboveGround | 3 |
| BedroomsTotal | 3 |
| Age | 100+ Years |
| Appliances | Water Heater, Dishwasher, Dryer, Microwave, Stove, Washer, Refrigerator |
| BasementDevelopment | Partially Finished |
| BasementFeatures | Walk Out, Walk-up |
| BasementType | N/a (partially Finished), N/a, N/a |
| CoolingType | Wall Unit |
| ExteriorFinish | Aluminum Siding, Brick |
| FlooringType | Hardwood, Carpeted, Laminate, Vinyl |
| FoundationType | Brick |
| HalfBathTotal | 1 |
| HeatingFuel | Natural Gas |
| HeatingType | Forced Air, Heat Pump |
| StoriesTotal | 3 |
| SizeInterior | 1500 - 2000 Sqft |
| Type | Triplex |
| UtilityWater | Municipal Water |
Parking
| No Garage |
Land
| Acreage | No |
| LandAmenities | Park, Public Transit |
| Sewer | Sanitary Sewer |
| SizeDepth | 135 Ft ,6 In |
| SizeFrontage | 17 Ft ,2 In |
| SizeIrregular | 17.2 X 135.5 Ft |
| SizeTotalText | 17.2 X 135.5 Ft |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Second Level | Living Room | 5.7302 m | 3.4442 m | 5.7302 m x 3.4442 m |
| Second Level | Dining Room | 5.73 m | 3.44 m | 5.73 m x 3.44 m |
| Second Level | Kitchen | 3.7795 m | 3.0785 m | 3.7795 m x 3.0785 m |
| Second Level | Bedroom | 3.871 m | 2.8346 m | 3.871 m x 2.8346 m |
| Third Level | Bedroom | 3.81 m | 1.9812 m | 3.81 m x 1.9812 m |
| Third Level | Living Room | 4.3007 m | 3.5052 m | 4.3007 m x 3.5052 m |
| Third Level | Kitchen | 1.8898 m | 1.8623 m | 1.8898 m x 1.8623 m |
| Basement | Recreational, Games Room | 9.7536 m | 3.0785 m | 9.7536 m x 3.0785 m |
| Main Level | Living Room | 3.6576 m | 3.9624 m | 3.6576 m x 3.9624 m |
| Main Level | Kitchen | 3.2918 m | 3.6881 m | 3.2918 m x 3.6881 m |
| Main Level | Dining Room | 2.7737 m | 1.6459 m | 2.7737 m x 1.6459 m |
| Main Level | Bedroom | 3.1394 m | 3.2309 m | 3.1394 m x 3.2309 m |
Utilities
| Cable | Available |
| Electricity | Installed |
| Sewer | Installed |
Interested?
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August 21 2026 12:31:07
Toronto Real Estate Board
Royal LePage Your Community Realty, Sage Real Estate Limited