Scout N Secure

$1,099,000

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241 Langley Avenue

North Riverdale, Toronto, Ontario M4K1C1

For sale· Added

3 bed4 bath1,500–2,000 sqft

About this home

**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 neighbourhoods. 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. 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 neighbourhood. 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.

Location

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Property details

Listing

MLS® number
E13819058
Added
Sep 23, 2026 ()
Updated
Sep 23, 2026 ()
Info refreshed

Overview

Property type
Multi-family
Building type
Triplex
Storeys
2.5

Inside

Bedrooms
3
Bathrooms
4
Half baths
1
Heating
Heat Pump, Forced air, Natural gas
Cooling
Wall unit
Fireplace
No
Flooring
Hardwood, Laminate, Carpeted, Vinyl
Appliances
Washer, Refrigerator, Dishwasher, Stove, Dryer, Microwave, Water Heater
Features
Ravine

Building

Basement
Partially finished, Walk out, Walk-up
Exterior
Brick, Aluminum siding
Foundation
Brick
Parking
No Garage · 1 space

Land

Lot size
17.2 x 135.5 ft

Services

Water
Municipal water
Sewer
Sanitary sewer
Utilities
Sewer, Electricity, Cable

Location

Cross streets
Langley/Pape Ave
Directions
East on Langley Avenue off of Carlaw.

Running costs

Annual property tax
$6,798

Rooms

Living roomMain level3.6576 x 3.9624 m
BedroomThird level3.81 x 1.9812 m
Recreational, Games roomBasement9.7536 x 3.0785 m
Dining roomMain level2.7737 x 1.6459 m
BedroomMain level3.1394 x 3.2309 m
KitchenMain level3.2918 x 3.6881 m
Living roomSecond level5.7302 x 3.4442 m
Dining roomSecond level5.73 x 3.44 m
KitchenSecond level3.7795 x 3.0785 m
BedroomSecond level3.871 x 2.8346 m
Living roomThird level4.3007 x 3.5052 m
KitchenThird level1.8898 x 1.8623 m

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$1,099,000
241 Langley Avenue
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