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Renanza Realty
For sale

241 LANGLEY AVENUE

Toronto (North Riverdale), Ontario

MLS® E13690344

$1,149,000

Status
Active
Property type
Multi-family
MLS® number
E13690344
Bedrooms
3
Bathrooms
4
Year built

Listing description

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.

Property summary

MLS® number
E13690344
Property type
Multi-family
Building type
Triplex
Land size
17.2 x 135.5 FT
Annual property taxes
$6,798.37
Parking
1 space · No Garage
Days on market
29 days

Features & details

Heating
Heat Pump, Forced air, Natural gas
Cooling
Wall unit
Basement
Partially finished, Walk out, Walk-up, N/A, N/A, N/A
Flooring
Hardwood, Laminate, Carpeted, Vinyl
Appliances
Washer, Refrigerator, Dishwasher, Stove, Dryer, Microwave, Water Heater
Exterior features
Brick, Aluminum siding
Lot features
Ravine

What would this home cost you?

Based on the $1,149,000 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$5,346 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.

Listing courtesy of SAGE REAL ESTATE LIMITED, TORONTO.

The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.