For Sale: 241 Langley Avenue, Toronto, ON - REW
Boost your listing
Listing featured. Your listing will be featured on REW.
View featured placement
$1,149,000
3 bd 4 ba 1500 - 1999 sf Multifamily

241 Langley AvenueToronto, ON, M4K 1C1

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

About this home

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:63626)
Listed by: ERIC JENSEN ANDREWS, Salesperson, SAGE REAL ESTATE LIMITED

Home facts and features

Price details
List Price
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
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
1 Day
MLS® Number
E13690344
Source
Canadian Real Estate Association
Is this your listing? Help it to stand out.

Mortgage Calculator

Estimated Payments
Purchase Price
Mortgage Total
Down Payment
Amortization
25 Years
Interest Rate
3.99%

Connect with our mortgage partner

REW Money

REW Money

REW Money

Connect with a mortgage expert

The displayed rates are provided as guidance only, are not guaranteed, or are to be considered an approval of credit. Approval will be based solely on your personal situation. You are encouraged to speak with a Mortgage Professional for the most accurate information and to determine your eligibility.

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
Listing data is subject to copyright, disclaimer, and additional requirements from the data provider. See our Terms of Use for terms applicable to this listing. Listing data was last updated on 2026-08-19.
We use cookies and other technologies for functionality, security, and to provide you with a personalized experience on our online services. By continuing to use our online services, you agree to our Privacy Policy and Terms of Use. For information on how to adjust your privacy settings, visit our Cookie Policy.
Dismiss