15 days on Market

241 Langley Ave, Toronto, Ontario M4K 1C1

Townhouse
3
4
~1500-2000 sqft
$1,099,000
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Townhouse
3
4
~1500-2000 sqft

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Highlights

Property Estimate

Days on market15 days

Estimated valueNot available

Price/Sqft$641/sqft

Monthly cost

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Description

**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.


Property Details

Style2 1/2 Storey
View-
Age of property100+
SqFt~1500-2000 SqFt
Lot Size2,331 SqFt(135.5 x 17.21)
Parking Spaces1
MLS ®NumberE13819058
Community NameRiverdale
Data SourceTRREB
Listing bySAGE REAL ESTATE LIMITED

Features

Heating: Forced Air
Cooling: Wall Unit
Basement: Part Fin, W/O

Features

Lot size: 2,331 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 1


Property History

Sep 23, 2026
ListedActive
$1,099,000
15 days on market
history photo preview47
Listing by trreb®
Property listed by SAGE REAL ESTATE LIMITED, Brokerage
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Market Data - Riverdale

Geo Zone Map ThumbnailRiverdale

Strong Buyer's Market

View Market Data

Townhouse - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

11 days

Compared to

2025

7 days

2024

15 days

2023

16 days

New Listings

Past 30 days

9 listings

Compared to

2025

15 listings

2024

6 listings

2023

11 listings

Units sold

Past 30 days

2 units

Compared to

2025

4 units

2024

4 units

2023

4 units

Median Sold Price

Past 30 days

$778,500

Compared to

2025

$1,170,000

2024

$1,320,000

2023

$1,302,500


Population and Demographics

Overview

Total population 40960
Average household income $177,475

Age (%)

0 to 19
18%
20 to 34
22%
35 to 49
24%
50 to 64
21%
65 and plus
16%

Household composition (%)

Single family
53%
Single person
40%
Multi person
7%
Multi family
0%

Mother tongue (%)

English
75%
Yue (Cantonese)
6%
Others
3%
Mandarin
3%
French
2%
Spanish
2%
Greek
2%
Tagalog (Pilipino, Filipino)
1%
Vietnamese
1%
Bengali
1%

House tenancy (%)

Renters
53%
Owners
47%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget