61 Chelsea Avenue, Toronto, ON, M6P 1B9

Address

61 Chelsea Avenue, Toronto, ON

Listing Type

New

Price

$ 1,795,000

Your Agent

Wins Lai

Broker

416-487-5131

Listing provided by Wins Lai, Broker, REMAX Ultimate Realty Inc

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