$1,099,000
241 Langley Ave
Toronto E01, ON M4K 1C1
241 Langley Ave, Toronto E01 — Listed at $1,099,000. 3 bedroom, 4 bathroom 2 1/2 Storey Triplex. MLS® E13819058.
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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.
Property Details
Property Insights
Listing Courtesy of: SAGE REAL ESTATE LIMITED
MLS® #E13819058


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HouseIndex Take: 241 Langley Avenue
This triplex (2 1/2 Storey) is located in the North Riverdale neighbourhood of Toronto.
The home offers 3 bedrooms, 4 bathrooms.
Features include a partially finished, walk-out, walk-up basement, 1 parking space.
Additional details: lot dimensions of 17.21 × 135.5 feet.
Listed at $1,099,000 CAD with annual property taxes of $6,798.37 (2026).
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About Toronto Real Estate
This Triplex is located in the North Riverdale community in Toronto. Toronto is Canada's largest city and the economic hub of the Greater Toronto Area. With world-class transit, diverse neighbourhoods from the Annex to Scarborough, and proximity to major employers in the Financial District, it remains the most sought-after real estate market in Ontario. Buyers benefit from extensive GO Transit and TTC subway connectivity.














































