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241 Langley Avenue

North Riverdale / Toronto E01, ON M4K 1C1

ActiveFor Sale
3 Beds
4 Baths
1,500 Sq Ft
2,332 Lot Sq Ft
Multi-Family
Virtual Tour Available

About This Property

**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

StatusActive
Property TypeMulti-Family
Listing TypeFor Sale
Interior Size1,500 sq ft
Lot Size2,332 sq ft
Bedrooms3
Bathrooms4
Taxes (2026)$6,798
Postal CodeM4K 1C1
Last UpdatedOct 29, 2026 · 1:54 a.m.

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Features & Amenities

  • Air Conditioning
  • Basement

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Filipe & Isabel Ferreira and the Team Filipe (RE/MAX Ultimate Realty Inc., Brokerage) represent buyers and sellers here. Local guides and live listings below.

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TRREB MLS® Attribution

MLS® E13819058

Listed by SAGE REAL ESTATE LIMITED

The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). The information contained herein is from sources believed to be reliable but is not guaranteed. Information deemed reliable but not guaranteed accurate by TRREB or Team Filipe / RE/MAX.

$1,099,000

asking price

MLS®E13819058
TypeMulti-Family
CityToronto E01
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Team Filipe · RE/MAX · (647) 210-6070

Mortgage Estimate

Est. Monthly Payment

$5,367

/month · $879,200 mortgage

Down Payment20% — $219,800
Interest Rate5.5%

Amortization

Total Interest

$730,769

Total Cost

$1,609,969

Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.

Full Mortgage Calculator →

Listed By

SAGE REAL ESTATE LIMITED