241 Langley Avenue

For Sale: $1,149,000

  • 3 Bedrooms
  • 4 Bathrooms

NORTH RIVERDALE INVESTMENT WITH SPACE, PARKING & 135′ OF POTENTIAL.
A rare opportunity to own a classic 2.5-storey semi-detached home in one of Toronto’s most established neighbourhoods, offering three self-contained living spaces, a generous 135′ deep lot and the increasingly elusive luxury of parking. Built in 1918, this well-maintained home offers approximately 1,710 square feet above grade plus a partially finished walk-up basement, with three one-bedroom units providing flexibility for investors, multigenerational buyers or those looking to live in one unit while generating income from the others. The main-floor/basement suite is particularly appealing, with a beautifully renovated kitchen, hardwood floors, yard access and an open-concept lower level with additional recreation, storage and utility space. The two upper one-bedroom apartments each offer their own living space, kitchens and outdoor access.

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The upper units are occupied by month-to-month tenants who would like to remain, offering immediate rental continuity and future upside. The main suite is currently owner-occupied, with the owner prepared to discuss a purchase arrangement providing a credit equivalent to two years’ rent, or vacant possession is also an option. Most major mechanical systems have been updated within the past 10 years. Outside, the 135′ deep lot delivers a fully fenced rear yard with decking and landscaping, while rear parking off the laneway adds genuine value in North Riverdale. The location is equally compelling: Riverdale Park, local shops, restaurants, cafes and everyday amenities are all close at hand, while major subway infrastructure construction nearby is expected to improve transit access as the project progresses. A property with flexibility today and plenty of room to evolve tomorrow.

  • Classic 2.5-storey semi-detached home built in 1918
  • Three one-bedroom apartments with three kitchens
  • Approximately 1,710 square feet above grade plus 677 square feet below grade
  • Generous 17.21′ x 135.5′ lot
  • Main-floor/basement suite with renovated kitchen | 4-Pce Bath + 2-Pce Bath in Basement
  • Main-floor unit with hardwood flooring and yard access
  • Second-floor one-bedroom suite with large combined living/dining space | 1 x 4-Pce Bath
  • Third-floor one-bedroom suite with private sundeck | 1 x 4-Pce Bath
  • Fully fenced rear yard with decking and landscaping
  • Private rear parking accessed from laneway
  • Most major mechanical systems updated within the past 10 years
  • Forced-air gas heating with heat pump
  • Main-floor suite currently owner-occupied with flexible possession options
  • North Riverdale location near Langley Avenue & Pape Avenue
  • Close to Riverdale Park
  • Local shops, restaurants, cafes and everyday amenities nearby
  • Public transit and major subway infrastructure improvements underway nearby
  • 135′ deep lot offering exceptional outdoor space and future flexibility
  • Parking at rear — increasingly rare for the neighbourhood

Possession | Flexible
Property Taxes | $6,798.37 / 2026
Lot Size | 17.21′ x 135.5′
Above Grade | Approx. 1,710 square feet
Below Grade | Approx. 677 square feet
Units  | 3 x 1 Bedroom Apartments
Washrooms | 4
Basement | Partially finished / walk-up / walk-out
Parking | 1 space at rear off laneway
Inclusions | Unit 1: fridge, stove, dishwasher, microwave/hoodvent, washer & dryer. Unit 2: fridge, stove, dishwasher. Unit 3: fridge, stove.
Rental Items | Tosot heat pump & equipment for main floor; hot water tank