For SaleTriplex · 2 1/2 StoreyMLS® #E13819058 · TRREB MLS®
241 Langley Ave, Toronto, Ontario
North Riverdale, Toronto, Ontario M4K 1C1
- Bedrooms
- 3
- Lot Size
- 17.21 x 135.5 ft
- Bathrooms
- 4
- Type
- Triplex
- Basement
- Partly Finished
$1,099,000
Estimated market value
About 241 Langley Ave
241 Langley Ave is a 3-bedroom, 4-bathroom triplex in North Riverdale, Toronto, listed for sale at an asking price of $1,099,000 (MLS® E13819058).
**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.
Insights
Condition Score
Good2 documented update signals
Source: Listing age, structured features and disclosed update language; not an inspection.
Condition uses listing-record signals, not an inspection.
Key facts
- Tax
- $6,798 / 2026
- MLS® number
- E13819058
- Board
- TRREB MLS®
- Property Type
- Triplex
- Building Age
- 100+
- Days on market
- Size
- 1500-2000 sqft
- Lot Size
- 17.21 x 135.5 ft
- Listed on
- Parking
- None, 1 Parking
Listing history
Buy/sell history for 241 Langley Ave, Toronto, Ontario
Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.
Dates and closing prices are shown to signed-in members.
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| Date Start— | — | $1,099,000 | — | For Sale | E13819058 |
Members see the full history. Prices are hidden from signed-out visitors.
Estimate
Estimated value requires sign in
Market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.
The estimate is an automated value built from public and MLS® data. It is not an appraisal; ask Kishan Patel for a full comparative market analysis.
Property details
Property
- Property Type
- Triplex
- Style
- 2 1/2 Storey
- Community
- North Riverdale
- Municipality
- Toronto
Building
- Size
- 1500-2000 sqft
- Building Age
- 100+
- Construction
- Alum Siding
Inside
- Bedrooms
- 3
- Bathrooms
- 4
- Bathroom Details
- 1 × 4pc Main, 1 × 2pc Bsmt, 1 × 4pc 2nd, 1 × 4pc 3rd
- Basement Type
- Partly Finished
- Kitchens
- 3
Parking
- Driveway
- Private
- Garage Type
- None
- Additional Parking
- 1
- Total Parking
- 1
Utilities
- Water
- Municipal
- Cooling
- Wall Unit
- Heating Type
- Forced Air
Land
- Sewer
- Sewers
- Frontage
- 17.21 ft
- Depth
- 135.5 ft
- Lot Size
- 17.21 x 135.5 ft
Additional
- Foundation
- Brick
- Roof
- Asphalt Shingle
- Fireplace
- No
- Pool
- None
- Den
- No
- Family room
- No
- Extras
- Unit 1: Fridge, Stove, Dishwasher, Microwave/Hoodvent, Washer&Dryer, Unit 2: Fridge, Stove, Dishwasher. Unit 3: Fridge, Stove. GB&E. Parking @ Rear off of Laneway.
Rooms
| Room | Size | Features | Level |
|---|---|---|---|
| Living | 3.9624 × 3.6576 m | hardwood floor, Sliding Doors, Window | Main |
| Dining | 1.64592 × 2.77369 m | Vinyl Floor, Pot Lights, W/O To Deck | Main |
| Br | 3.23088 × 3.13944 m | hardwood floor, Closet, Window | Main |
| Kitchen | 3.68808 × 3.29184 m | Vinyl Floor, Pot Lights | Main |
| Living | 3.44424 × 5.73024 m | Laminate, Window | 2nd |
| Dining | 3.44 × 5.73 m | Laminate, Window, Combined W/Living | 2nd |
| Kitchen | 3.07848 × 3.77952 m | 2 Way Fireplace, W/O To Deck | 2nd |
| Br | 2.83464 × 3.87096 m | Laminate, Closet, Bay Window | 2nd |
| Living | 3.5052 × 4.300728 m | Broadloom, W/O To Sundeck | 3rd |
| Kitchen | 1.862328 × 1.88976 m | — | 3rd |
| Br | 1.9812 × 3.81 m | Broadloom, Closet, Window | 3rd |
| Rec | 3.07848 × 9.7536 m | Laminate, Open Concept, 2 Pc Bath | Bsmt |
Map and tour
Signals around this home
Land transfer tax on this home
- Ontario land transfer tax
- $18,455
- Toronto municipal land transfer tax
- $18,455
- Total land transfer tax
- $36,910
- First-time buyer rebates (Ontario up to $4,000 + Toronto up to $4,475)
- −$8,475
- Total for first-time buyers
- $28,435
See how this is worked out
- 0.5% on the first $55,000
- $275
- 1.0% from $55,000 to $250,000
- $1,950
- 1.5% from $250,000 to $400,000
- $2,250
- 2.0% from $400,000 to $1,099,000
- $13,980
- Ontario total
- $18,455
Toronto’s municipal tax uses the same brackets at this price, so it adds another $18,455.
An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.
Heritage and ravine protection
- Not found on the Heritage Register
- Not in a mapped Heritage Conservation District
- Not in the mapped ravine protection area
What this means: None of these City records was found at this address. That does not rule out other approvals, such as a conservation authority permit, so check before you plan work.
City of Toronto Heritage Register, Heritage Conservation Districts and the Ravine and Natural Feature Protection by-law, read at this address from the City’s maps. Contains information licensed under the Open Government Licence – Toronto.
Permit history
Schools nearby
| Elementary | Type | Distance | EQAO average 2024–25 |
|---|---|---|---|
| Pape Avenue Junior Public SchoolToronto DSB | Public · grades JK–6 | 50 m | 89%Grade 6 average |
| Blake Street Junior Public SchoolToronto DSB | Public · grades JK–6 · French Immersion | 350 m | 76%Grade 6 average |
| ÉÉC du Bon-BergerConseil scolaire catholique MonAvenir | French-language Catholic · grades JK–6 | 500 m | — |
| St Joseph Catholic SchoolToronto CDSB | Catholic · grades JK–8 | 950 m | 78%Grade 6 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| Riverdale Collegiate InstituteToronto DSB | Public · grades 9–12 | 550 m | 77%Grade 9 math |
| Eastdale Collegiate InstituteToronto DSB | Public · grades 9–12 | 700 m | — |
| St Patrick Catholic Secondary SchoolToronto CDSB | Catholic · grades 9–12 | 1.5 km | 66%Grade 9 math |
| École secondaire Michelle-O'BonsawinConseil scolaire Viamonde | French-language public · grades 9–12 | 1.5 km | 79%Grade 9 math |
EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.
Transit nearby
| Station | Lines | Distance |
|---|---|---|
| Pape Station | TTC subway: Line 2 Bloor-Danforth | 1.2 km |
| Chester Station | TTC subway: Line 2 Bloor-Danforth | 1.3 km |
| Donlands Station | TTC subway: Line 2 Bloor-Danforth | 1.3 km |
| Broadview Station | TTC subway: Line 2 Bloor-Danforth | 1.5 km |
| Danforth GO | GO Transit train: Lakeshore East | 3.8 km |
The nearest subway, light rail, train, bus rapid transit stations 5 km, as the crow flies. Source: TTC schedule data (GTFS) from the Toronto Transit Commission under the Open Government Licence – Toronto; GO Transit schedule data (GTFS) from Metrolinx under the Open Government Licence – Ontario – Metrolinx, downloaded October 18, 2026. Contains information licensed under the Open Government Licence – Toronto. Data used in this product or service is provided with the permission of Metrolinx. Metrolinx makes no representations or warranties of any kind, express or implied, with respect to the Data and assumes no responsibility for the accuracy or currency of the data used in this product or service. Contains information licensed under the Open Government Licence – Ontario – Metrolinx.
Zoning
Zone
R (d0.6) (x736)By-law
569-2013Municipality
Toronto1 d0.6
Density: floor area is capped at 0.6 times the lot area.
2 x736
Site-specific exception 736: this site has rules of its own, written in the by-law.
3 Where this is written
Chapter 10, section 10.10 of By-law 569-2013 · Exception 900.2.10(736)
4 What that means in practice
These are the zone’s rules, not permission for this lot. What can be built also depends on the exceptions, overlays and setbacks that apply here. Confirm with the City before you plan.
City of Toronto Zoning By-law 569-2013, read at this address from the City’s zoning map. Open the City’s zoning map. Contains information licensed under the Open Government Licence – Toronto.
Lot
- Lot area
- 2,332 sq ft217 m²
- Street frontage
- 17.21 ft5.2 m
- Depth
- 135.5 ft41.3 m
The area is the frontage multiplied by the depth, so boundaries are approximate. Confirm with a survey before you buy.
Source: the MLS® listing record, measured by MPAC.
Comparable sales
Comparable sales require sign in
Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.
Mortgage Calculator
Plan with the current asking price
CMHC insurance: not required at 20% down. Payments use Canadian semi-annual compounding.
Mortgage Details
4.8% · 5-year term · 25-year amortization · 20% down
- Total down payment
- $219,800
- Total mortgage amount
- $879,200
- Total interest payment
- $625,000
- Total purchase cost
- $1,724,000
- Mortgage payment
- $5,014/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
—Monthly carrying cost
$5,581- Rent $0
- Shortfall $5,581
Rental income starts at $0: enter the rent you expect. This is a planning tool, not advice.
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