$1,999,000
FOR SALE

Detached 3-Storey

Bedrooms: 5Bathrooms: 4Lot: 19.33 x 126 ft
2025 Taxes: $7,767.1

61 Chelsea Ave
Toronto, ON M6P 1B9 | High Park North

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
Carpet Free
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Listed By ROYAL LEPAGE TERREQUITY BESPOKE REALTY
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number W13050756
Last Updated May 04, 2026
Property Summary
Property Type Detached

More like this:
PIN 213510059
Legal Description PLAN M123 PT LOTS 36 & 37
Possession Date 30/60/TBA
Taxes (2025) $7,767.1
Directions/Cross Streets Bloor St. W and Dundas St. W
Neighbourhood High Park North
Area Toronto
Price History

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Detailed Information
Fronting On South
Special Designations Unknown
Bedrooms 5
Bathrooms 4
Lot 19.33 x 126 ft
Exterior Brick
Air Conditioning Central Air
Basement Apartment
Garage Type Detached
Garage/Park Spaces Y
Heat Source Gas
Heat Type Forced Air
Sewers Sewer

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