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RE/MAX Aboutowne Lakeshore

info@lakeshoreremax.com +1(905) 844-8068

$ 1,149,000

Est. payment -/mo

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241 Langley AVE Toronto E01, ON M4K 1C1

3 Beds

4 Baths

UPDATED:

Key Details

Property Type Multi-Family, freehold, residential

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1500-2000

Municipality Toronto E01

Subdivision North Riverdale

MLS Listing ID E13690344

Style 2 1/2 Storey

Bedrooms 3

Annual Tax Amount $6,798

Tax Year 2026

Property Sub-Type Triplex

Property 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.

Location

Province ON

County Toronto

Community Toronto E01

Area Toronto

Rooms

Family Room No

Basement Partially Finished, Walk-Out, Walk-Up

Kitchen 3

Interior

Interior Features Primary Bedroom - Main Floor, Storage Area Lockers, Water Heater

Cooling Wall Unit(s)

Fireplace No

Heat Source Gas

Exterior

Parking Features Private

Pool None

Roof Type Asphalt Shingle

Lot Frontage 17.21

Lot Depth 135.5

Total Parking Spaces 1

Building

Building Age 100+

Unit Features Park,Ravine,Public Transit

Foundation Brick

Others

ParcelsYN No

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Listed by SAGE REAL ESTATE LIMITED

RE/MAX Aboutowne Lakeshore

Brokerage

+1(905) 844-8068

RE/MAX Aboutowne Lakeshore

241 Langley AVE Toronto E01, ON M4K 1C1

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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241 Langley AVE