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 5.03%**, 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.
The home
- Type
- 3-storey detached home
- Style
- 3-Storey
- Square footage
- 1500-2000 sq ft
- Bedrooms
- 4
- Basement bedrooms
- 1
- Bathrooms
- 4
- Kitchens
- 4
- Rooms
- 15
- Basement
- Apartment
- Lot size
- 19.3 x 126 ft
- Faces
- South
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
- Exterior
- Brick
Heating & cooling
- Heating fuel
- Gas
- Heating type
- Forced Air
- Air conditioning
- Central Air
- Fireplace
- No
Garage & parking
- Garage
- Detached
- Garage spaces
- 2
- Total parking
- 2
- Parking features
- Lane
Taxes & other
- Property taxes
- $7,903/yr
- Tax year
- 2026
- Occupancy
- Tenant
- Possession
- 30/60/TBA
- Cross street
- Bloor St. W and Dundas St. W
- Neighbourhood
- High Park North
More
- Price per sq ft
- ~$1,026 (at 1,750 sq ft)
- MLS® number
- W13751774
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The home and its surroundings
- Carpet Free
- Hospital
- Library
- Park
- Place Of Worship
- Public Transit
- School
- 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 $1,795,000. With 20% down ($359,000), the mortgage payment would be roughly $7,241 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $7,899 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 3-storey detached home 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.
How many bedrooms and bathrooms does 61 Chelsea Avenue have?
61 Chelsea Avenue has 4 bedrooms, plus 1 more bedroom in the basement, and 4 bathrooms.
Does 61 Chelsea Avenue have a garage and parking?
Yes. The listing shows the garage as detached, with room for 2 cars. In total the listing counts 2 parking spaces.
Does 61 Chelsea Avenue have a finished basement?
The listing describes the basement as apartment. It counts 1 bedroom on that level. A listing description is not proof of a legal second unit, so confirm zoning and permits with the municipality before counting on rental income.
What style of home is 61 Chelsea Avenue?
61 Chelsea Avenue is a 3-storey detached home. A 3-storey detached house spreads its rooms over three floors, often on a narrower city lot.
How big is 61 Chelsea Avenue, and what is the lot size?
The listing puts the home between 1,500 and 2,000 sq ft. The board reports a range rather than an exact figure, and it usually leaves out the basement. The lot is listed as 19.3 x 126 ft.
How is 61 Chelsea Avenue heated and cooled?
Heating is forced air (gas). Cooling is central air.
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® W13751774). Listings here update from the board through the day and come down once a home sells.
What are similar detached homes near 61 Chelsea Avenue asking?
Similar detached homes for sale nearby right now include 7 Louise Avenue at $1,899,000 (4+1 bed), 456 Manse Road at $1,999,988 (4 bed) and 19 Hollyhock Court at $2,049,000 (4 bed). 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 detached homes nearby
More detached homes for sale near High Park North, picked by style, size and price.
3-storey detached home$1,899,0007 Louise Avenue, Toronto4+1 bed · 4 bath · Humewood-CedarvaleCourtesy of: RE/MAX REALTRON REALTY INC.View home →
3-storey detached home$1,999,988456 Manse Road, Toronto4 bed · 2 bath · West HillCourtesy of: RE/MAX ULTIMATE REALTY INC.View home →
3-storey detached home$2,049,00019 Hollyhock Court, Toronto4 bed · 4 bath · Banbury-Don MillsCourtesy of: ROYAL LEPAGE SIGNATURE REALTYView 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.