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    For Sale - 241 Langley Avenue, Toronto, Ontario

    Est payment $5,517/mo
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    Time on Jump  1 days




    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.
    Listing IDE13690344
    Address241 Langley Avenue
    CityToronto, Ontario
    Price$1,149,000
    Bed / Bath3 / 4 Full
    Style2 1/2 Storey, Triplex
    ConstructionAluminum Siding, Brick
    Land Size2332
    TypeMulti-Family
    StatusFor Sale

    Subtype TriplexIndoor Features Primary Bedroom - Main Floor, Storage Area Lockers, Water HeaterAmenities Park, Ravine, Public TransitOwnership FreeholdBasement Partially Finished, Walk-Out, Walk-UpFoundation BrickHeating / Cooling Forced AirHeating Fuel GasSewer Sewer

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    Listing Agency:  SAGE REAL ESTATE LIMITED

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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    241 Langley Avenue
    Toronto , Ontario
    3 4 $1,149,000
    Get more info