241 Langley Avenue, Toronto, ON M4K 1C1
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.
Living Room
Hardwood Floor, Sliding Doors, Window
3.6576 x 3.9624 m
Main
Kitchen
Vinyl Floor, Pot Lights
3.29184 x 3.68808 m
Main
Dining Room
Vinyl Floor, Pot Lights, W/O To Deck
2.77369 x 1.64592 m
Main
Bedroom
Hardwood Floor, Closet, Window
3.13944 x 3.23088 m
Main
Living Room
Laminate, Window
5.73024 x 3.44424 m
Second
Dining Room
Laminate, Window, Combined w/Living
5.73 x 3.44 m
Second
Kitchen
2 Way Fireplace, W/O To Deck
3.77952 x 3.07848 m
Second
Bedroom
Laminate, Closet, Bay Window
3.87096 x 2.83464 m
Second
Living Room
Broadloom, W/O To Sundeck
4.300728 x 3.5052 m
Third
Kitchen
1.88976 x 1.862328 m
Third
Bedroom
Broadloom, Closet, Window
3.81 x 1.9812 m
Third
Recreation
Laminate, Open Concept, 2 Pc Bath
9.7536 x 3.07848 m
Basement
Interior features
Primary Bedroom - Main Floor, Storage Area Lockers, Water Heater
Basement
Partially Finished, Walk-Out, Walk-Up
Bathrooms
1 × 4-piece — Main, 1 × 2-piece — Basement, 1 × 4-piece — Second, 1 × 4-piece — Third
Fireplace
No
Family room
No
Kitchens
3
Rooms (above / below grade)
11 above, 0 below
Approximate age
100+
Architectural style
2 1/2 Storey
Construction materials
Aluminum Siding, Brick
Foundation
Brick
Roof
Asphalt Shingle
Direction faces
South
Garage type
None
Garage spaces
0
Total parking spaces
1
Driveway parking
1
Parking features
Private
Lot size
17.21 x 135.5 ft
Lot size area
2332 SquareFeet
Cross street
Langley/Pape Ave
Directions
East on Langley Avenue off of Carlaw
Neighbourhood
North Riverdale
Heating
Forced Air — Gas
Cooling
Wall Unit(s)
Water
Sewer
Sewer
List price
$1,149,000
Original list price
Annual taxes
$6,798
Tax year
2026
Assessment year
2026
Legal description
PT LT 9 PL 653 CITY EAST AS IN CT952687; CITY OF TORONTO
Inclusions
Exclusions
MLS #
E13690344
Status
Active
Transaction type
For Sale
Property type
Residential Freehold
Property sub type
Triplex
Days on market
List date
Possession
Flex/30/45/60/90
Occupancy
Owner+Tenant
Listing brokerage
SAGE REAL ESTATE LIMITED
Co-listing brokerage
SAGE REAL ESTATE LIMITED
Estimated monthly payment
$5,508
Educational estimate only — actual payment depends on your lender, credit, and insurance requirements.
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