Address
61 Chelsea Avenue, Toronto, ON
Price
$ 1,795,000
Property Attributes
  • MLS#W13751774
  • TypeSingle Family
  • Listing Status New
  • CityToronto
  • AreaHigh Park North
  • NeighbourhoodHigh Park North
  • Postal CodeM6P 1B9
  • Style3-Storey
  • Taxes$ 7903
  • Price$ 1,795,000
  • Bedrooms5
  • Full Bathrooms4
  • Half Bathrooms0
  • Sqr Footage1500-2000
Data Source:
Toronto Real Estate Board (TRREB)
Property 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 5.03%**, 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 cafes, 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.

Price History
9/8/2026 Listed $1,795,000

General Features

Sewer Sewer
Cooling Central Air
Roof Asphalt Shingle
Architectural Style 3-Storey
Pool Features None
Construction Materials Brick
Heater Type Forced Air
Property Subtype Detached
Tax Year 2026
Lot Depth 126.0
PropertyFeatures Hospital,Library,Park,Place Of Worship,Public Transit,School
County Toronto
New Construction No
Property Type Residential Freehold
Attached Garage No
Facing Direction South
Garage Y/N Yes
Status New
City Toronto W02
Senior Community Y/N No
Lot Size Units Feet
Property Attached Y/N No
Tax Annual Amount 7903.3
Virtual Tour https://www.houssmax.ca/vtournb/c3255890
Standard Status Active
Occupancy Type Tenant
Legal Description PLAN M123 PT LOTS 36 & 37

Interior Features

Interior Amenities Carpet Free
Basement Apartment
Heat Source Gas
Basement (Y/N) No
Air Conditioning Y/N Yes
Heating Y/N Yes
Fireplace Y/N No
Total Bedrooms 5
Elevator? No
Total Baths 4
Bedrooms 4+1
Living Area Range 1500-2000

Exterior Features

Parking Features Lane
Total Parking 2.0
Garage Type Detached
Foundation Details Unknown
Spa No
Lot Size Source MPAC
Waterfront Y/N No
Covered Spaces 2.0

Amenities

  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in M6P 1B9

Price
AVG $1.8M
$1.8M
Taxes
AVG $7,903
$7,903
Visits
AVG 45
24
Data Provided by Inside Real Estate®