241 Langley Avenue

Toronto (North Riverdale), Ontario M4K1C1

MLS # E13819058

$1,099,000

Property Details

Type

Triplex

Beds

Baths

Status

For Sale

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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 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.

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Rooms

Room	Level	Dimensions
Living room	Main level	3.6576 x 3.9624
Bedroom	Third level	3.81 x 1.9812
Recreational, Games room	Basement	9.7536 x 3.0785
Dining room	Main level	2.7737 x 1.6459
Bedroom	Main level	3.1394 x 3.2309
Kitchen	Main level	3.2918 x 3.6881
Living room	Second level	5.7302 x 3.4442
Dining room	Second level	5.73 x 3.44
Kitchen	Second level	3.7795 x 3.0785
Bedroom	Second level	3.871 x 2.8346
Living room	Third level	4.3007 x 3.5052
Kitchen	Third level	1.8898 x 1.8623