Welcome to this remarkable 3-Storey detached located in the coveted neighborhood of High Park North. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,849,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
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 4.92%**, 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.
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This detached home located at 61 Chelsea Avenue, Toronto is currently for sale and has been available on zoozaa for 128 days. This property is listed at $1,849,000 with an estimated mortgage of $6,155* per month. It has 5 beds, 4 bathrooms, and is 1500-2000 square feet. 61 Chelsea Avenue, Toronto is in the High Park North neighborhood.
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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Yes! Featuring 5 bedrooms and 4 bathrooms, this home offers ample space and comfort for growing families in High Park North, Toronto.
Growing families needing multi-bedroom flexibility and space in High Park North, Toronto.
None listed
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The current listing price for 61 Chelsea Avenue, Toronto, ON in High Park North, Toronto is $1,849,000.
This property features 5 bedrooms and 4 bathrooms across approximately 1500-2000 sqft.
61 Chelsea Avenue, Toronto, ON is a Detached (3-Storey) featuring a Apartment basement.
Key property features include: Hospital, Library, Park, Place Of Worship, Public Transit, School.
Interior highlights include: Carpet Free.
Yes, this property offers parking space for 2.0 vehicles (Detached).
Heating is provided via Gas and cooling via Central Air.
High Park North, Toronto
170 assaults (669.3/100k)
58 B&E (228.4/100k)
36 thefts (141.7/100k)
Stable vs previous year
Formula: (Annual Occurrences / Population) Ă— 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.
Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 61 Chelsea Avenue, Toronto, ON M6P 1B9
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Toronto.
About Purchasing a Home in Toronto, ON
For a property listed at $1,849,000 in Toronto, the legal minimum down payment is $369,800 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $33,455 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $33,455 also applies, bringing the total estimated land transfer taxes to $66,910.
Comprehensive city-wide demographics, local real estate stats, and school rankings for High Park North, Toronto.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.
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