61 Chelsea Avenue
Toronto W02, ON
- 5 bed
- 4 bath
- approx. 1500-2000 sqft
- Detached
- 134 days on market
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.
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Listing Details
- Taxes (2025)
- $7,767
- Originally Listed
- $1,999,000
- Listed
- April 27, 2026
Price History
Listing history
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Property
- Style
- 3-Storey
- Construction
- Brick
- Roof
- Asphalt Shingle
- Foundation
- Unknown
- Interior
- Carpet Free
- Lot Size
- 19.33 x 126 Feet
Parking
- Garage
- Detached
- Covered Spaces
- 2
- Total Parking
- 2
Utilities
- Sewer
- Sewer
- Heat Source
- Gas
Location & Legal
- Cross Street
- Bloor St. W and Dundas St. W
- Parcel Number
- 213510059
- Possession
- Flexible
- Occupancy
- Tenant
Included
- Inclusions
- 4 Stoves, 4 Fridges, 1 B/I Dishwasher, 1 Washer, 1 Dryer. See Feature sheet for more.
- Exclusions
- None
Schools
Secondary
- Bishop Marrocco/Thomas Merton Catholic Secondary School0.2 km
Catholic · Toronto CDSB · 775 students
Grade 10 literacy: 69% met the provincial standard
- École secondaire Toronto Ouest1.2 km
French public · CS Viamonde · 195 students
Grade 10 literacy: 100% met the provincial standard
- ÉSC Saint-Frère-André1.2 km
French Catholic · CS catholique MonAvenir · 350 students
Grade 10 literacy: 96% met the provincial standard
Elementary
- St Luigi Catholic School0.6 km
Catholic · Toronto CDSB · 125 students
Grade 3 reading: 42% met the provincial standard
- Keele Street Public School0.6 km
Public · Toronto DSB · 565 students
Grade 3 reading: 80% met the provincial standard · Grade 6 math: 84% met the provincial standard
- Mountview Alternative School School0.6 km
Public · Toronto DSB · 95 students
Grade 6 math: 83% met the provincial standard
Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.
Community
Postal area M6P
- Population
- 39,870
- Private dwellings
- 20,750
- Median age
- 39.2
- Average household size
- 2.1
- Median household income
- $86,000
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Residential Freehold in Toronto W02 · last 12 months
- Median sold price
- $1,166,250
- Homes sold
- 768
- Median days on market
- 11
- Sale-to-list price
- 102.8%
Based on 768 recorded sales of residential freehold properties in Toronto W02 over the last 12 months.
Rooms
3-piece on Basement, 4-piece on Ground, 3-piece on Second, 3-piece on Third
Third
- Bedroom12'9" x 9'4"
- Kitchen15'3" x 11'9"
Second
- Bedroom10'9" x 14'9"
- Kitchen15' x 9'2"
- Living Room14'1" x 9'7"
- Sunroom8'7" x 9'9"
Ground
- Bedroom11'5" x 9'8"
- Foyer4'2" x 4'2"
- Kitchen11'4" x 14'9"
- Living Room14'1" x 9'10"
Basement
- Bedroom9'5" x 13'
- Furnace Room8'5" x 4'
- Kitchen8'7" x 10'2"
- Laundry8'2" x 9'5"
- Living Room12'10" x 13'
Listed by
ROYAL LEPAGE TERREQUITY BESPOKE REALTY
Walk Score
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Location
Street View
Mortgage Calculator
$369,800
Estimated Monthly Payment
$9,084
Land transfer tax
Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $9,084/mo (20% down, 5.5%)
Taxes: $647/mo · Insurance: $462/mo
Estimates only. Consult a financial advisor.
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