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MLS® W13751774
High Park North, Toronto, ON
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 5.33%**, 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.
Inclusions
4 Stoves, 4 Fridges, 1 B/I Dishwasher, 1 Washer, 1 Dryer, Garage opener (2), Portable A/C (2) , 1 Dehumidfier, Portable heaters (2)
Broker
ROYAL LEPAGE TERREQUITY BESPOKE REALTY
Neighbourhood
High Park North
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Detached
61 Chelsea Avenue Toronto
High Park North
Type
Detached
Basement
Apartment
Parking
Detached (2)
Property Tax
~$7,903/yr
Heating
Forced Air
Buying Essentials
Square Feet
1750 sqft
Facing Direction
South
Parking
Detached (2)
Finances
List Price
$1,695,000
Price per SQFT
$969/sqft
Property Tax
~$7,903/yr
Property Specs
Property Type
Detached
MLS Size
1750 sqft
Basement
Apartment
Living & Amenities
Heating Type
Forced Air
Features
Carpet Free
Policies & Utilities
Neighbourhood
High Park North
Listed On
Sep 8, 2026
Hospital
Library
Park
Place Of Worship
Public Transit
School
Days on Market
Current: 60 days
Combined w/Dining, Window, Closet
12.8 x 13.0
167 sqft
Stainless Steel Appl, Window
8.6 x 10.2
87 sqft
Closet, Window
9.4 x 13.0
122 sqft
8.4 x 4.0
34 sqft
W/O To Yard
8.2 x 9.4
77 sqft
Window
14.1 x 9.8
139 sqft
Combined w/Dining, Stainless Steel Appl, Window
11.3 x 14.8
167 sqft
Window, Closet
11.4 x 9.7
111 sqft
W/O To Porch
4.2 x 4.2
17 sqft
Window, Closet
14.1 x 9.6
135 sqft
Combined w/Dining, Stainless Steel Appl, Window
15.0 x 9.2
137 sqft
Window, Closet, French Doors
10.8 x 14.8
159 sqft
Window, W/O To Balcony
8.6 x 9.7
84 sqft
Combined w/Living, Stainless Steel Appl, Window
15.3 x 11.7
179 sqft
Window, Closet Organizers, 3 Pc Ensuite
12.8 x 9.3
119 sqft
Rooms
15
Listed Room Area
1,734 sqft
Source
Estimated from MLS room dimensions
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