61 Chelsea Avenue, Toronto, ON M6P 1B9
Toronto W02, ON, M6P 1B9 · High Park North
About this property
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 4.92%**, 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.
Features & Amenities
- Basement: Apartment
- Garage: Detached
- Cooling: Central Air
- Heat Type: Forced Air
- Heat Source: Gas
- Style: 3-Storey
- Construction: Brick
- Sewer: Sewer
Property Details
| Property Type | Residential Freehold |
|---|---|
| Property Sub-Type | Detached |
| Architectural Style | 3-Storey |
| Bedrooms | 5 |
| Bathrooms | 4 |
| Basement | Apartment |
| Garage | Detached |
| Heat Type | Forced Air |
| Heat Source | Gas |
| Cooling | Central Air |
| Sewer | Sewer |
| Annual Tax | $7,767 |
| Tax Year | 2025 |
Interior Features
- Interior Features
- Carpet Free
Exterior Features
- Pool Features
- None
Building & Construction
- Architectural Style
- 3-Storey
- Construction Materials
- Brick
- Foundation Details
- Unknown
- Roof
- Asphalt Shingle
- Basement
- Apartment
Heating & Cooling
- Heat Type
- Forced Air
- Heat Source
- Gas
- Cooling
- Central Air
Parking & Garage
- Garage Type
- Detached
- Garage
- Yes
- Parking Spaces
- 0
- Parking Total
- 2.00
- Parking Features
- Lane
- Covered Spaces
- 2
Lot & Land
- Lot Size Units
- Feet
- Lot Depth
- 126.00
- Lot Width
- 19.33
Community & Neighborhood
- Property Features
- Hospital, Library, Park, Place Of Worship, Public Transit, School
Financial & Tax
- Tax Annual Amount
- $7,767
- Tax Year
- 2025
- Possession Type
- Flexible
- Possession Details
- 30/60/TBA
Utilities & Services
- Sewer
- Sewer
Room Details
- Rooms Above Grade
- 15
- Kitchens Above Grade
- 4
- Kitchens Total
- 4
- Bedrooms Above Grade
- 4
- Bedrooms Below Grade
- 1
Additional Details
- Occupant Type
- Tenant
- Direction Faces
- South
- County Or Parish
- Toronto
- Cross Street
- Bloor St. W and Dundas St. W
- Directions
- Bloor St. W and Dundas St. W
- Special Designation
- Unknown
- Showing Requirements
- Lockbox
Location
61 Chelsea Avenue, Toronto, ON M6P 1B9, Toronto W02, ON, M6P 1B9