241 Langley Ave, Toronto

Name: 241 Langley Avenue
SKU: E13819058
Price: 1099000 CAD
Availability: InStock

3 Bed, 3 Bath Triplex in Toronto

About 241 Langley Avenue

**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.

3 bedrooms, 3 bathrooms, about 1,500 sq ft, works out to roughly $733 per square foot, the bed-to-bath ratio is generous. Chat with Zara if you'd like a deeper read on whether this triplex fits your budget and timing.

Inside 241 Langley Ave

Every detail from the listing, in one place.

Type: Triplex
Style: 2 1/2 Storey
Living space: 1500-2000 sq ftas stated on the listing
Parking: 1 space
Basement: Partially Finished, Walk-Out

Features & systems

Parking & garage

Parking spaces: 1

Interior

Basement: Partially Finished · Walk-Out

Lot & land

Lot size (sqft): 2332

Listing & possession

Property style: 2 1/2 Storey
Property class: Triplex

241 Langley Ave Price & Sale History

Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.

Sep 21, 2026For saleListedThis listingMLS® E13819058$1,099,000

Sourced from MLS®. Includes earlier listings of this property on record.

What's it worth?

How 241 Langley Ave Compares to the Toronto Market

Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.

Zara’s estimate

Excellent Deal· based on 16,058 recent sales

Value your own home →How accurate are Zara’s estimates?

Summitly estimate, not from TRREB, the MLS® or the listing brokerage. Not an appraisal. How it works

Toronto market, last 90 days

Median sold price: $840,000
Average sold price: $1,084,396
Average days on market: 32
Homes sold: 9,205

Closed sales on the TRREB MLS®.

Full Toronto market report

Market pulse · Toronto

Toronto market

Median sold price$840,000Last 90 days
Average days on market32Homes sold in about 32 days on average.
Sale-to-list ratio5150.2%On average, homes sold at or above asking.
Active listings13,023Homes for sale here right now.
Median vs prior 90 days−0.6%Compared with May 14 – Aug 12, 2026: prices down.

Based on 9,205 sales from Aug 12 – Nov 10, 2026 (7,279 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.

Recently sold nearby in Toronto

Sold prices are shown free to signed-in members, as board rules require.

6 nearby sales vs. this home

Closed sales from MLS®, compared with this home's asking price.

See what these homes actually sold for

Free with a Summitly account. Sign in once and sold prices unlock across the site.

Home	Sold price	$ / sqft	% of asking	Sold
This home241 Langley Avenue 3 bd · 3 ba · 1,500 sqft	$1,099,000asking	$733	—	—
209 St Clements Avenue 8 bd · 3 ba · 3,500 sqft
185 Walmer Road 5 bd · 4 ba · 2,000 sqft
32 Ashdale Avenue 3 bd · 3 ba · 1,500 sqft
497 Nairn Avenue 4 bd · 3 ba · 1,500 sqft
64 Purdon Drive 6 bd · 5 ba · 2,500 sqft
219 Withrow Avenue 3 bd · 3 ba · 2,000 sqft

209 St Clements Avenue
8 bd · 3 ba · 3,500 sqft
185 Walmer Road
5 bd · 4 ba · 2,000 sqft
32 Ashdale Avenue
3 bd · 3 ba · 1,500 sqft
497 Nairn Avenue
4 bd · 3 ba · 1,500 sqft
64 Purdon Drive
6 bd · 5 ba · 2,500 sqft
219 Withrow Avenue
3 bd · 3 ba · 2,000 sqft

Living in Toronto: Location & Amenities

Transit, schools, parks and everyday places near this home. Select any place to open it on Google Maps.

Transit nearby

Stations and stops, straight-line distance

Pape StationLine 21.1 km14 min walk
Chester StationLine 21.3 km16 min walk
Donlands StationLine 21.3 km16 min walk

Places from OpenStreetMap (© OpenStreetMap contributors) and Summitly's station list. Distances are straight-line, not routes.

Loading schools, parks, groceries and more nearby…

Transit

Pape Station (Line 2)14 min walk
Chester Station (Line 2)16 min walk
Donlands Station (Line 2)16 min walk

Nearest subway, GO and LRT stations first, then bus and streetcar stops.

Pape Station
1.1 km14 minClosest· Line 2
Homes near Pape Station
Chester Station
1.3 km16 min· Line 2
Homes near Chester Station
Donlands Station
1.3 km16 min· Line 2
Homes near Donlands Station

Straight-line distances from the listing; walking times assume about 80 m a minute. Places © OpenStreetMap contributors, a community-maintained map that may miss or misplace some places. Directions and place details open on Google Maps.

How long is your commute?

From 241 Langley Ave. Typical times without traffic delays; transit times aren't available yet.

Costs, Mortgage & Rental Return for 241 Langley Ave

What it could cost each month, today's rates from our mortgage partner, and what it could return as a rental.

Mortgage: $5,399; 20% down · 25 years · 5.5% assumed
Property tax: $604; 0.66% mill rate · ON
Total per month: $6,003; Before utilities, insurance and fees

Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.

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Monthly cost

Enter a rate to see the monthly cost

Down payment

Rate (%)

Years

An estimate, not a quote. Utilities and insurance are extra.

Affordability calculator

Estimated monthly payment

$5,399

/mo

based on the purchase price of $1,099,000

Down payment20%

$219,800 cash

Amortization25 yr

$879,200 financed

Rate5.50%

$740,517 total interest

Principal54%$879,200

Interest46%$740,517

20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.

Want rate-drop alerts and a saved shortlist?

Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.

Rental income potential

Est. monthly rent

low–high

Gross yield

rent × 12 ÷ price

Cap rate (est.)

net of tax + fees

Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.

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Questions About 241 Langley Ave

How much is 241 Langley Ave listed for?

241 Langley Ave is listed at $1,099,000 (MLS® E13819058). Summitly updates the price as soon as the MLS® record changes.

Is $1,099,000 a good price for 241 Langley Ave?

Summitly rates it Excellent Deal: the asking price is 10% or more below Zara's estimate, an estimate built from recent sales in Toronto. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate

Has the price of 241 Langley Ave changed?

No — 241 Langley Ave is still listed at its original asking price of $1,099,000.

How many bedrooms and bathrooms does 241 Langley Ave have?

241 Langley Ave has 3 bedrooms and 3 bathrooms, with about 1,500–2,000 square feet of living space. It is a triplex in Toronto.

Is 241 Langley Ave close to transit?

The nearest rapid-transit station is Pape Station (Line 2), about 1.1 km (about a 14-minute walk) in a straight line. Chester Station is about 1.3 km (about a 16-minute walk), and Donlands Station is about 1.3 km (about a 16-minute walk). Distances are straight-line, not walking routes; check the transit agency for routes and schedules.

How much would the monthly mortgage be on 241 Langley Ave?

About $5,399 a month — principal and interest on $1,099,000 with 20% down ($219,800), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.

How does 241 Langley Ave compare with other homes in Toronto?

Its asking price of $1,099,000 is about 31% above the median sold price in Toronto over the last 90 days, $840,000, across 9,205 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.

Has 241 Langley Ave been sold before?

Summitly has no earlier MLS® sale or lease of 241 Langley Ave on record from the last two years. Older records aren't shown under TRREB rules.

Where is 241 Langley Ave?

241 Langley Ave is in Toronto, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.

How long has 241 Langley Ave been on the market?

50 days — 241 Langley Ave was listed on September 21, 2026.

What is the price per square foot of 241 Langley Ave?

About $550 to $733 per square foot: the asking price of $1,099,000 over the 1,500–2,000 sq ft the listing gives as its size range.

Does 241 Langley Ave have parking or a garage?

Yes — the listing gives 1 parking space.

What you should know

3 Bed, 3 Bath Triplex in Toronto

About 241 Langley Avenue

Inside 241 Langley Ave

Features & systems

241 Langley Ave Price & Sale History

How 241 Langley Ave Compares to the Toronto Market

Toronto market, last 90 days

Recently sold nearby in Toronto

Living in Toronto: Location & Amenities

How long is your commute?

Costs, Mortgage & Rental Return for 241 Langley Ave

Monthly cost of owning

Mortgage payments

Monthly cost

Rental income potential

Own a home on Langley Avenue? See what yours is worth

Zara, any time

A licensed local agent

See 241 Langley Ave, Toronto in person

Similar homes for sale nearby in Toronto

Explore More Triplexes in Toronto

3 Bed, 3 Bath Triplex in Toronto

About 241 Langley Avenue

Inside 241 Langley Ave

Features & systems

241 Langley Ave Price & Sale History

How 241 Langley Ave Compares to the Toronto Market

Toronto market, last 90 days

Market pulse · Toronto

Recently sold nearby in Toronto

Living in Toronto: Location & Amenities

Transit nearby

Transit

How long is your commute?

Costs, Mortgage & Rental Return for 241 Langley Ave

Monthly cost of owning

Mortgage payments

Monthly cost

Rental income potential

Own a home on Langley Avenue? See what yours is worth

Zara, any time

A licensed local agent

See 241 Langley Ave, Toronto in person

Questions About 241 Langley Ave

How much is 241 Langley Ave listed for?

Is $1,099,000 a good price for 241 Langley Ave?

Has the price of 241 Langley Ave changed?

How many bedrooms and bathrooms does 241 Langley Ave have?

Is 241 Langley Ave close to transit?

How much would the monthly mortgage be on 241 Langley Ave?

How does 241 Langley Ave compare with other homes in Toronto?

Has 241 Langley Ave been sold before?

Where is 241 Langley Ave?

How long has 241 Langley Ave been on the market?

What is the price per square foot of 241 Langley Ave?

Does 241 Langley Ave have parking or a garage?

Similar homes for sale nearby in Toronto

Explore More Triplexes in Toronto

Market pulse · Toronto

Transit nearby

Transit

Questions About 241 Langley Ave

How much is 241 Langley Ave listed for?

Is $1,099,000 a good price for 241 Langley Ave?

Has the price of 241 Langley Ave changed?

How many bedrooms and bathrooms does 241 Langley Ave have?

Is 241 Langley Ave close to transit?

How much would the monthly mortgage be on 241 Langley Ave?

How does 241 Langley Ave compare with other homes in Toronto?

Has 241 Langley Ave been sold before?

Where is 241 Langley Ave?

How long has 241 Langley Ave been on the market?

What is the price per square foot of 241 Langley Ave?

Does 241 Langley Ave have parking or a garage?