Gurvinder Nokwal REALTOR®
For Sale Triplex 27 days on market

$1,099,000

Est. payment $4,866/moCalculate yours

241 Langley Avenue, Toronto, ON M4K 1C1

North Riverdale, Toronto, ON M4K 1C1

  • 3 Beds
  • 4 Baths
  • 1,500 Sq Ft

Listing courtesy of SAGE REAL ESTATE LIMITED MLS® E13819058

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 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

Overview

Property Type
Triplex
Style
2 1/2 Storey
For
For Sale
Status
New
Approximate Age
100+
Size
1,500 sqft

Interior

Bedrooms
3
Bathrooms
4
Kitchens
3
Basement
Partially Finished, Walk-Out, Walk-Up

Building & Systems

Heating
Forced Air (Gas)
Cooling
Wall Unit(s)
Exterior
Aluminum Siding, Brick
Foundation
Brick
Roof
Asphalt Shingle
Water
Municipal
Sewer
Sewer

Lot & Parking

Lot Size
17.21 x 135.5 Feet
Parking
None garage · 1 total

Financial

Property Taxes
$6,798 (2026)

Location

Neighbourhood
North Riverdale
Cross Street
Langley/Pape Ave
Direction Faces
South

Listing

MLS® Number
E13819058
Days on Market
27
Listed On
2026-09-21
Possession
Flexible
Listed By
SAGE REAL ESTATE LIMITED

Rooms

Room Level Dimensions
Living Room Main 12′ 0″ × 13′ 0″
Dining Room Second 18′ 10″ × 11′ 3″
Recreation Basement 32′ 0″ × 10′ 1″
Kitchen Second 12′ 5″ × 10′ 1″
Bedroom Second 12′ 8″ × 9′ 4″
Bedroom Third 12′ 6″ × 6′ 6″
Dining Room Main 9′ 1″ × 5′ 5″
Bedroom Main 10′ 4″ × 10′ 7″
Living Room Third 14′ 1″ × 11′ 6″
Kitchen Main 10′ 10″ × 12′ 1″
Living Room Second 18′ 10″ × 11′ 4″
Kitchen Third 6′ 2″ × 6′ 1″

Features

Interior

  • Primary Bedroom - Main Floor
  • Storage Area Lockers
  • Water Heater

Property

  • Park
  • Ravine
  • Public Transit

Pool

  • None
Included
Unit 1: Fridge, Stove, Dishwasher, Microwave/Hoodvent, Washer&Dryer, Unit 2: Fridge, Stove, Dishwasher. Unit 3: Fridge, Stove. GB&E. Parking @ Rear off of Laneway.
Excluded
Unit 2: Window Air Conditioner and Freezer (Belongs to Tenant)
Rental items
Tosot Heat Pump & Equipment for Main Floor, Hot Water Tank

Mortgage calculator

Minimum for this price: $84,900 (7.73%)

Amortization, years

Estimated mortgage payment

$4,866 per month

Principal and interest
$4,866
Property tax
$567
Estimated monthly cost
$5,433

Your mortgage

Mortgage amount
$879,200
Mortgage insurance
Not needed
Interest over 25 years
$580,640

Cash to close

Down payment
$219,800
Land transfer tax (Ontario + Toronto)
$36,910
Total, before legal fees
$256,710
Talk to me about financing

Estimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.

Location

241 Langley Avenue, Toronto, ON M4K 1C1 North Riverdale, Toronto, ON M4K 1C1
Open in Google Maps

Listing data is provided under license and deemed reliable but not guaranteed. MLS®, Multiple Listing Service® and associated logos are trademarks of The Canadian Real Estate Association (CREA).

$1,099,000 241 Langley Avenue, Toronto, ON M4K 1C1
Request a showing