241, Langley, North Riverdale, Toronto, Residential Freehold

MLS® Number E13819058
For Sale   $ 1,099,000
  • 3 beds | 
  • 4 baths | 
  • 2332 SQFT
Kate Naccarato
Kate Naccarato Sales Representative 416-779-6085
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Description

Residential Freehold Triplex For Sale.

**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 Features: Park, Ravine, Public Transit

Interior Features: Primary Bedroom - Main Floor, Storage Area Lockers, Water Heater

Cross Street: Langley/Pape Ave

Direction Faces: South

Key Facts

  • Days on: 0 days
  • Mls Status: New
  • Bedrooms Total: 3
  • Bedrooms Above Grade: 3
  • Bathrooms Total Integer: 4
  • Lot Width: 17.21
  • Kitchens Total: 3
  • Parking Total: 1
  • Parking Spaces: 1
  • Parking Features: Private
  • Garage Type: None
  • Heat Source: Gas
  • Heat Type: Forced Air
  • Cooling: Wall Unit(s)
  • Lot Size Area: 2332 SquareFeet
  • Living Area Range: 1500-2000 Square Feet

Location 241, Langley, North Riverdale, Toronto

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Kate Naccarato
Sales Representative 416-779-6085