61 Chelsea Avenue, Toronto, ON M6P 1B9
High Park North, Toronto · Near Bloor St. W and Dundas St. W · View map
About this home
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.
The home
- Type
- Investment
- Square footage
- 1957 sq ft
- Lot size
- 19.3 x 126 ft
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
Heating & cooling
- Heating type
- Gas Forced Air Closed
- Air conditioning
- Yes
Garage & parking
- Garage
- Double Detached
- Total parking
- None
Taxes & other
- Property taxes
- $7,903/yr
- Tax year
- 2026
- Occupancy
- Tenant
- Possession
- 30/60/tbd
- Cross street
- Bloor St. W and Dundas St. W
- Neighbourhood
- High Park North
More
- MLS® number
- W13772354
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No features listed yet.
- Mortgage
- Property tax
- Maintenance fee
Cash needed to close
Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax and Toronto municipal land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.
61 Chelsea Avenue, Toronto, ON M6P 1B9
High Park North, Toronto · Near Bloor St. W and Dundas St. W
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Listing history for 61 Chelsea Avenue
See what this home and others at the same address were listed for, what they sold for, and how long it took.
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Frequently asked questions about 61 Chelsea Avenue
Answers come straight from this home’s MLS® listing.
How much is 61 Chelsea Avenue listed for, and what would it cost each month?
61 Chelsea Avenue is listed for $1,695,000. With 20% down ($339,000), the mortgage payment would be roughly $6,837 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $7,496 a month, all in. That figure is an illustration, not a quote.
Is 61 Chelsea Avenue freehold or a condo, and is there a monthly fee?
61 Chelsea Avenue is a investment in High Park North, Toronto. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.
Does 61 Chelsea Avenue have a garage and parking?
Yes. The listing shows the garage as double detached. The listing does not include a parking space.
What style of home is 61 Chelsea Avenue?
61 Chelsea Avenue is an investment. Commercial property covers retail, office, industrial and investment buildings and businesses for sale or lease.
How big is 61 Chelsea Avenue, and what is the lot size?
The lot is listed as 19.3 x 126 ft.
How is 61 Chelsea Avenue heated and cooled?
Heating is gas forced air closed. Cooling is yes.
What are the property taxes for 61 Chelsea Avenue?
Property taxes are $7,903 a year (2026), or about $659 a month.
Where is 61 Chelsea Avenue?
61 Chelsea Avenue is in the High Park North community of Toronto. The nearest main intersection is Bloor St. W and Dundas St. W. The postal code is M6P 1B9.
Is 61 Chelsea Avenue still for sale?
Yes. It is an active listing (MLS® W13772354). Listings here update from the board through the day and come down once a home sells.
What are similar properties near 61 Chelsea Avenue asking?
Similar properties for sale nearby right now include 61 Chelsea Avenue at $1,695,000 (4+1 bed), 24 Indian Road Crescent at $1,399,990 and 1620 Bloor Street W at $1,299,000. These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 61 Chelsea Avenue sold for?
Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.
How do I book a showing at 61 Chelsea Avenue?
Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.
Have a different question? Ask about this home and get an answer, usually within the hour.
Similar properties nearby
More properties for sale near High Park North, picked by style, size and price.
Detached home$1,695,00061 Chelsea Avenue, Toronto4+1 bed · 4 bath · High Park NorthCourtesy of: ROYAL LEPAGE TERREQUITY BESPOKE REALTYView home →
Investment$1,399,99024 Indian Road Crescent, TorontoHigh Park NorthCourtesy of: KELLER WILLIAMS ADVANTAGE REALTYView home →
Commercial retail$1,299,0001620 Bloor Street W, Toronto3 bath · High Park NorthCourtesy of: RE/MAX REALTRON REALTY INC.View home →Courtesy of: ROYAL LEPAGE TERREQUITY BESPOKE REALTY
Listing information comes from the Toronto Regional Real Estate Board through PropTx and is deemed reliable but is not guaranteed accurate. It is provided for consumers' personal, non-commercial use. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.