For Sale: 241 Langley Avenue, Toronto, ON - REW
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$1,099,000
3 bd • 4 ba • 1500 - 1999 sf • Multifamily
241 Langley Avenue
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$1,099,000
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241 Langley AvenueToronto, ON, M4K 1C1

North Riverdale
  • 3 Bed
  • 4 Bath
  • 1500 - 1999 Sqft
  • Multifamily

About this home

**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. (id:63626)
Listed by: ERIC JENSEN ANDREWS, Salesperson, SAGE REAL ESTATE LIMITED

Home facts and features

Price details
List Price
$1,099,000
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Gross Taxes for 2026
$6,798
Home facts
Bedrooms
3
Full Bathrooms
3
Partial Bathrooms
1
Parking Spaces
1
Parking Details
No Garage
Property Type
Multifamily
Lot Size
17 ft x 135 ft (2330 ft²)
Depth
135.5 feet
Frontage
17.2 feet
Exterior Finish
Brick, Aluminum siding
Heating Type
Heat Pump, Forced air, Natural gas
Cooling
Wall unit
Basement Details
Partially finished, Walk out, Walk-up, , ,
Features
Ravine
Appliances
Dishwasher, Dryer, Microwave, Refrigerator, Stove, Washer, Water Heater
Community
Agent details
Primary Agent
Primary Broker
SAGE REAL ESTATE LIMITED
Secondary Agent
Secondary Broker
SAGE REAL ESTATE LIMITED
Listing details
Days on REW
13 Days
Property Views
48
MLS® Number
E13819058
Source
Canadian Real Estate Association
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25 Years
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3.99%

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Property Insights

Pape Avenue Junior Public School
  • Public
  • JK - 6
Blake Street School
  • Public
  • JK - 6
ÉÉC du Bon-Berger
  • Catholic
  • JK - 6
Riverdale Collegiate Institute
  • Public
  • 9 - 12
Eastdale Collegiate Institute
  • Public
  • 9 - 12
Earl Grey Senior Public School
  • Public
  • 7 - 8
Withrow Avenue School
  • Public
  • JK - 6
Leslieville Junior Public School
  • Public
  • JK - 6
Holy Name Catholic School
  • Catholic
  • JK - 8
St Joseph Catholic School
  • Catholic
  • JK - 8
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
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Call Agent
Salesperson
ERIC JENSEN ANDREWS
Office:
416-483-8000
BRIAN ELDER
Phone:
(416) 921-1112
Office:
416-483-8000
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