Nikolay and Tatiana Team

241 Langley Avenue Toronto, Ontario M4K 1C1

3 Bedroom 4 Bathroom 1,500 - 2,000 ft2
Wall Unit Forced Air, Heat Pump

$1,149,000

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. (id:55499)

Property Details

MLS® Number E13690344
Property Type Multi-family
Community Name North Riverdale
Amenities Near By Park, Public Transit
Equipment Type Water Heater, Heat Pump
Features Ravine
Parking Space Total 1
Rental Equipment Type Water Heater, Heat Pump

Building

Bathroom Total 4
Bedrooms Above Ground 3
Bedrooms Total 3
Age 100+ Years
Appliances Water Heater, Dishwasher, Dryer, Microwave, Stove, Washer, Refrigerator
Basement Development Partially Finished
Basement Features Walk Out, Walk-up
Basement Type N/a (partially Finished), N/a, N/a
Cooling Type Wall Unit
Exterior Finish Aluminum Siding, Brick
Flooring Type Hardwood, Carpeted, Laminate, Vinyl
Foundation Type Brick
Half Bath Total 1
Heating Fuel Natural Gas
Heating Type Forced Air, Heat Pump
Stories Total 3
Size Interior 1,500 - 2,000 Ft2
Type Triplex
Utility Water Municipal Water

Parking

No Garage

Land

Acreage No
Land Amenities Park, Public Transit
Sewer Sanitary Sewer
Size Depth 135 Ft ,6 In
Size Frontage 17 Ft ,2 In
Size Irregular 17.2 X 135.5 Ft
Size Total Text 17.2 X 135.5 Ft

Rooms

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

Utilities

Cable Available
Electricity Installed
Sewer Installed

https://www.realtor.ca/real-estate/30172362/241-langley-avenue-toronto-north-riverdale-north-riverdale

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