61 Chelsea Avenue
Toronto W02, ON
- 1,957 sqft
- Investment
- 7 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 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.
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Listing Details
- Taxes (2026)
- $7,903
- Listed
- September 11, 2026
Price History
Listing history
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Property
- Lot Size
- 19.33 x 126 Feet
Parking
- Garage
- Double Detached
Location & Legal
- Cross Street
- Bloor St. W and Dundas St. W
- Zoning
- R (d0.6) (x737)
- Parcel Number
- 213510059
- Possession
- Flexible
- Occupancy
- Tenant
Commercial
- Business Type
- Apts - 2 To 5 Units
Included
- 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)
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
Commercial in Toronto W02 · last 12 months
- Median sold price
- $1,168,000
- Homes sold
- 776
- Median days on market
- 11
- Sale-to-list price
- 102.9%
Based on 776 recorded sales of commercial properties in Toronto W02 over the last 12 months.
Listed by
ROYAL LEPAGE TERREQUITY BESPOKE REALTY
Walk Score
Walk Score is unavailable for this address right now.
Location
Street View
Commercial figures
- Building area
- 1,957 sq ft
- Price per sq ft
- $917.22
- Annual property tax
- $7,903
- Tax per sq ft
- $4.04
Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.
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