view of front of property featuring brick siding, covered porch, a residential view, and roof with shingles Features: brick siding, concrete foundation, dormer roof, porch, shingle roof, residential view, chimney, gutters, central ac More Photos

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    For Sale - 61 Chelsea Avenue, Toronto, Ontario

    Est payment $9,359/mo
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    Views   1
    Time on Jump  49 day

    AI Summary *

    • Turnkey property with 4 self-contained units in a prime neighborhood.
    • Recent upgrades throughout including new kitchens and bathrooms.
    • Strong cap rate of 4.67% with market-level rents.
    • Convenient access to public transit and nearby recreational areas.
    • Close to vibrant cafes, restaurants, and shops in Roncesvalles Village.




    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. 67%**, 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.
    Listing IDW13050756
    Address61 Chelsea Avenue
    CityToronto, Ontario
    Price$1,949,000
    Bed / Bath5 / 4 Full
    Style3-Storey, Detached
    ConstructionBrick
    TypeResidential
    StatusFor Sale

    Subtype DetachedIndoor Features Carpet FreeAmenities Hospital, Library, Park, Place Of Worship, Public Transit, SchoolOwnership FreeholdBasement ApartmentFoundation UnknownHeating / Cooling Forced AirHeating Fuel GasSewer Sewer

    Parking 2.00
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    Listing Agency:  ROYAL LEPAGE TERREQUITY BESPOKE REALTY

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

    Hospital
    Parks
    Schools
    Place of Worship
    Please select an amenity above to view a list.

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    61 Chelsea Avenue
    Toronto , Ontario
    5 4 $1,949,000
    Get more info