$1,999,000Asking Price
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 strong in-place income 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.
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 strong in-place income 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.
See More| Room | Floor | Dimensions | Details | |
|---|---|---|---|---|
| 1 | Kitchen | Ground | 11.32' x 14.76' | Combined with Dining, Stainless Steel Appliances, Window |
| 2 | Foyer | Ground | 4.17' x 4.17' | Walkout To Porch |
| 1 3-Piece Bathroom | ||||
| 1 4-Piece Bathroom on Ground Floor | ||||
| 1 3-Piece Bathroom | ||||
| 1 3-Piece Bathroom | ||||
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High Park, Toronto is a west Toronto neighbourhood notable for its renters, university grads, executives and business, science, education, law & public sector and arts & culture professionals. Residents tend to be younger with a significant number of adults aged 25 to 49.
Kids Per Family
0.9
kids per family
in the neighbourhood.
49%
of residents are
single and loving it.
49% singles
Toronto (50%)
63%
of residents
are renters.
63% renters
Toronto (47%)
64%
of residents are
university grads.
64% university grads
Toronto (48%)Average Household Income
$132K
is the average household
income in the neighbourhood.
Professions
| Sales | 13% |
| Government | 13% |
| Business | 12% |
| Management | 10% |
| Sciences | 9% |
32%
of residents were
born outside of Canada.
32% immigrants
Toronto (48%)2.7% from Poland
All-time
0.5% from India
Recent
Foreign Languages
| Polish | 3% |
| French | 3% |
| Spanish | 3% |
| Russian | 2% |
| Ukrainian | 2% |
Religions
| Christian | 54% |
| Muslim | 3% |
| Hindu | 2% |
| Jewish | 1% |
| Buddhist | 1% |
Social Housing Buildings
2
Social housing buildings
in the neighbourhood.
Shelters
0
Homeless shelters in
the neighbourhood.