61 Chelsea Avenue, Toronto, ON M6P 1B9
Toronto W02
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.
Estimate only - excludes property tax, condo fees, utilities and home insurance. Rates vary by lender and term; based on semi-annual compounding.
Walkability, transit, and bike-friendliness for 61 Chelsea Avenue, Toronto, ON M6P 1B9
Provided by Walk Score®. Walk Score, Transit Score, and Bike Score are trademarks of Walk Score.
MLS# W13050756
Listed by ROYAL LEPAGE TERREQUITY BESPOKE REALTY
On market since Apr 28, 2026
What comparable homes actually sold for in the last 12 months.
61 Chelsea Avenue, Toronto, ON M6P 1B9 is listed for $1,849,000 CAD.
61 Chelsea Avenue, Toronto, ON M6P 1B9 has 5 bedrooms and 4 bathrooms.
61 Chelsea Avenue, Toronto, ON M6P 1B9 is a Detached.
61 Chelsea Avenue, Toronto, ON M6P 1B9 is in Toronto W02, Ontario.
61 Chelsea Avenue, Toronto, ON M6P 1B9 is currently for sale.
Contact Michael Mezheritsky at +1 (416) 716-4439 to arrange a private showing of 61 Chelsea Avenue, Toronto, ON M6P 1B9 (MLS# W13050756). You can also send a message through the contact form on this site.
