241 Langley Ave, Toronto, Ontario, M4K 1C1





Description
**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 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 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. 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 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.
Home Details
List Date
2026-09-21
Style
2 1/2 Storey
Type
Triplex
Status
Active
Year Built
100+
Features
Bedrooms
3
Bathrooms
4
Heating
Forced Air
Cooling
-
Parking
1 Spaces
Appliances & Equipment
Inclusions
Unit 1: Fridge, Stove, Dishwasher, Microwave/Hoodvent, Washer&Dryer, Unit 2: Fridge, Stove, Dishwasher. Unit 3: Fridge, Stove. GB&E. Parking @ Rear off of Laneway.
Exterior
Construction
Alum Siding
Water & Sewer
Municipal
Lot Size
17.21 x 135.5 Feet
Garage
None
Taxes
$7K (2026)
Listing Brokerage
Brokerage Name
SAGE REAL ESTATE LIMITED

Samuel Muttiah
Transition Realtor | Canada to Southern California
KW Beverly Hills
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