241 LANGLEY AVENUE, Toronto, Ontario, M4K 1C1

MLS® # E13819058

Investment For Sale In Toronto, Ontario

$1,099,000

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241 LANGLEY AVENUE, Toronto, Ontario, M4K 1C1

$1,099,000

Property Information:

**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. (id:27)

Building Features:

Style: Triplex
Building Type: Triplex
Air Conditioning: Yes
Basement Development: Partially finished
Basement Type: N/A, N/A, N/A
Exterior Finish: Aluminum siding, Brick
Floor Space: 1500 - 2000 sqft
Flooring Type: Hardwood, Carpeted, Laminate, Vinyl
Foundation Type:
Heating Type: Forced air, Heat Pump
Heating Fuel: Natural gas
Cooling Type: Wall unit
Appliances: Dishwasher, Dryer, Microwave, Stove, Washer, Refrigerator

Property Features:

Property Type: Multi-family
Half Bathrooms: 1
Amenities Nearby: Park, Public Transit
Features: Ravine
Floor Space (approx): 1500 - 2000 Square Feet
Irregular: Yes
Lot Depth: 135.5 Feet
Lot Frontage: 17.2 Feet
Lot Size: 17.2 x 135.5 FT
Utility Type: Cable - Available, Sewer - Installed, Hydro - Installed
Sewer: Sanitary sewer
Parking Type: No Garage
No. of Parking Spaces: 1

Rooms:

Living 2nd Level 5.73 m x 3.44 m
Dining 2nd Level 5.73 m x 3.44 m
Kitchen 2nd Level 3.78 m x 3.08 m
Bedroom 2nd Level 3.87 m x 2.83 m
Bedroom 3rd Level 3.81 m x 1.98 m
Living 3rd Level 4.30 m x 3.51 m
Kitchen 3rd Level 1.89 m x 1.86 m
Recreation Room Basement Level 9.75 m x 3.08 m
Living Main Level 3.66 m x 3.96 m
Dining Main Level 2.77 m x 1.65 m
Bedroom Main Level 3.14 m x 3.23 m
Kitchen Main Level 3.29 m x 3.69 m

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Courtesy of: SAGE REAL ESTATE LIMITED

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