Real EstateReal Estate
ActiveTriplex

241 Langley Avenue

Toronto, CA M4K 1C1

$1,099,000

Bedrooms

3

Bathrooms

4

Sq Ft

1,500

Year Built

100+

Garage

1

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About This Property

**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.

Property Details
Property TypeResidential Freehold
Sub TypeTriplex
Year Built100+
Living Area1,500 sqft
Listed DateSeptember 21, 2026
Days on Market4
CoolingWall Unit(s)
HeatingForced Air
Garage Spaces1
Features & Amenities

Interior Features

Primary Bedroom - Main FloorStorage Area LockersWater Heater
Building Information

Property Facts

Approximate Age100+
BasementPartially Finished, Walk-Out, Walk-Up

Lot & Parking

Total Parking1
Garage TypeNone
Parking FeaturesPrivate

Utilities & Systems

Heat TypeForced Air
Heat SourceGas
CoolingWall Unit(s)
SewerSewer
Interested in this property?

Contact Joe, Doug & Randal for more information or to schedule a viewing.

MLS #: E13819058

Listed: September 21, 2026

Additional Info
Parking: Private
Sewer: Sewer