NewFor Sale

241 Langley Avenue
Toronto E01, Toronto, ON, M4K 1C1

Triplex
TRREB
MLS® Number: E13690344

SAGE REAL ESTATE LIMITED

Listing brokerage
Estimated Value
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$1,149,000List Price
3Bedrooms
4Bathrooms
0Garages
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Listing History

Buy/sell history for 241 Langley Avenue, Toronto, ON M4K 1C1

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Current valuation for 241 Langley Avenue, Toronto, ON M4K 1C1. Listed for $1,149,000 on 2026-10-19

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Description

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.

Features

ParkRavinePublic Transit

Amenities

No amenities available

Summary

Tax:$6,798.37 / 2026
Listing #:E13690344
Property Type:Triplex, 2 1/2 Storey
Building Age:100+
Size:1500-2000 feet²
Land Size:17.21 x 135.5
Days on CPRB:
Garage:None
Locker:None
On CPRB Since:
Listing Brokerage:SAGE REAL ESTATE LIMITED

Details

Property

Property Type:Triplex
Style:2 1/2 Storey
Community:North Riverdale
Municipality:Toronto

Building

Size:1500-2000 feet²
Building Age:100+
Construction:Aluminum Siding, Brick

Inside

Bedrooms:3
Bedrooms Above Grade:3
Bathrooms:4
Bathrooms Detail:1, 4pc Main floor
Bathrooms Detail:1, 2pc Basement floor
Bathrooms Detail:1, 4pc Second floor
Bathrooms Detail:1, 4pc Third floor
Kitchens:3
Family Room:No
Appliances Included:Primary Bedroom - Main Floor, Storage Area Lockers, Water Heater
Basement:Partially Finished, Walk-Out, Walk-Up

Parking

Driveway:Private
Garage Type:None
Garage Spaces:0
Total Parking Spaces:1

Utilities

Cooling:Wall Unit(s)
Heating Type:Forced Air
Heating Fuel:Gas
Utility Sewer:Sewer

Land

Cross Street:Langley/Pape Ave

$1,149,000

List price

241 Langley Avenue, Toronto E01 – 3 bed Triplex for sale · MLS® # E13690344