61 Chelsea Avenue

Toronto, ON M6P 1B9 ( High Park North)

Quick Facts

Type: Detached

Style: 3-Storey

Size: Sq Ft

Age: Years

Taxes: $ 7,767 ( 2025)

Updated: 2026-05-04 13:09:10

Description

An outstanding opportunity to acquire a turnkey property with 4 self-contained units in the highly sought-after High Park North neighbourhood, just steps from Dundas West TTC Station. 61 Chelsea Ave has been lovingly maintained by an experienced owner, offering both stability and long-term investment appeal. Recent upgrades include vinyl flooring throughout, 200 Amp electrical panel, new furnace, AC and tankless water heaters (2), new bathrooms and kitchens, new composite decks (3), garbage pad, front and back walkways and patio, fencing, interior waterproofing, and most appliances. Current rents are at market level and investors benefit from a **strong cap rate of 4.54%**, with minimal need for repositioning.Tenants benefit from efficient floorplans and exceptional convenience, with Dundas West Subway Station just a 5-minute walk away and the UP Express only a 7-minute walk away, allowing for quick access to both downtown and Pearson Airport. The property is also just minutes from High Park, offering expansive green space, trails, and recreational amenities.Located near the vibrant Roncesvalles Village, residents enjoy easy access to some of the city\'s best cafés, restaurants, and boutique shops-enhancing the overall lifestyle appeal and supporting strong rental demand.A turnkey asset in a premier location, 61 Chelsea Ave presents a compelling opportunity for investors seeking stable income, strong fundamentals, and enduring rental demand in one of Toronto\'s most desirable communities.

Extras

Detached

Property

Status: For Sale

MLS #: W13050756

Price: $ 1,999,000

Address: 61 Chelsea Avenue

Type:

Style: 3-Storey

Size: Sq Ft

Age: Years

Front On:

Taxes: $ 7,767

Tax Year: 2025

Lot Size:

Neighbourhood: High Park North

Nearest Intersection: Bloor St. W and Dundas St. W

City: Toronto

Postal Code: M6P 1B9

DOM: 1 Hour

Last Update: 2026-05-04 13:09:10

Building

Interior

Bedrooms: 5

Bathrooms: 4

Rooms: 0

Kitchens: 4

Family Room:

Fireplace:

Basement: Apartment,

Central Vacuum:

Exterior

Exterior: Brick,

Driveway:

Garage: Lane

Garage Spaces:

Parking Spaces: 2.00

Pool:

Utilities

Electricity (Hydro):

Gas:

Phone:

Cable TV:

Heat Type: Forced Air

Heat Source: Gas

Air Conditioning: Central Air

Water:

Sewers:

Features

Rooms