
Toronto
Toronto
$1,099,000
241 LANGLEY AVENUE, Toronto, M4K1C1
MLS Number: E13819058
Beds
3
Baths
4
Listing
For Sale
Type
Freehold
Square Feet
1,500 - 2,000
**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.
Location
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241 LANGLEY AVENUE, Toronto, M4K1C1
Nearby Schools
Schools near 241 LANGLEY AVENUE
Distances are measured in a straight line from this property.
Pape Avenue Junior Public School
Elementary school · Grades JK-6
Toronto DSB
220 Langley Ave, Toronto, Ontario, M4K1B9
Blake Street Junior Public School
Elementary school · Grades JK-6
Toronto DSB
21 Boultbee Ave, Toronto, Ontario, M4J1A7
East Alternative School of Toronto
Elementary school · Grades 7-8
Toronto DSB
21 Boultbee Ave, Toronto, Ontario, M4J1A7
ÉÉC du Bon-Berger
Elementary school · Grades JK-6
CS catholique MonAvenir
343 Jones Avenue, Toronto, Ontario, M4J3G4
Riverdale Collegiate Institute
Secondary school · Grades 9-12
Toronto DSB
1094 Gerrard St E, Toronto, Ontario, M4M2A1
Eastdale Collegiate Institute
Secondary school · Grades 9-12
Toronto DSB
701 Gerrard St E, Toronto, Ontario, M4M1Y4
Earl Grey Senior Public School
Elementary school · Grades 7-8
Toronto DSB
100 Strathcona Ave, Toronto, Ontario, M4J1G8
Leslieville Junior Public School
Elementary school · Grades JK-6
Toronto DSB
254 Leslie St, Toronto, Ontario, M4M3C9
Proximity does not guarantee enrollment eligibility. Verify attendance boundaries and admission requirements with the relevant school board before making a decision.
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Down Payment
$219,800
Mortgage Amount
$879,200
Principal + Interest
$5,084 / mo
5-Year Term Payments
$305,012
Estimated Monthly Carrying Cost
$5,734
Includes principal, interest, property tax, condo fees, and heating estimates.
This is a planning estimate only. It excludes mortgage insurance, lender qualification rules, legal fees, insurance, utilities beyond heating, and other closing or ownership costs.
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