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    For Sale - 241 Langley Avenue, Toronto, Ontario

    Est payment $5,277/mo
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    Time on Jump  7 day

    AI Summary *

    • Versatile three-unit property in a well-established Toronto neighborhood.
    • Main-floor suite features a renovated kitchen and private access to a landscaped yard.
    • Two upper one-bedroom apartments provide immediate rental continuity and extra income.
    • Parking available at the rear for added convenience.
    • Close to parks, shops, restaurants, and new subway infrastructure.




    **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.
    Listing IDE13819058
    Address241 Langley Avenue
    CityToronto, Ontario
    Price$1,099,000
    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

    Parking 1.00
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    Listing Brokerage: 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 $1,099,000
    Get more info