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STAN KHURANA
Sales Representative


Cell: 647-383-6000
Office: 905-883-1988
Fax: 905-883-8108

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CENTURY 21 ATRIA REALTY INC., BROKERAGE
Independently owned and operated.
C200-1550 Sixteenth Ave Bldg C Richmond Hill, ON L4B3K9


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$1,795,000
Available - For Sale
Listing ID: W13772354
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.
Price $1,795,000
Taxes: $7,903.3
Tax Type: Annual
Assessment Year: 2025
Occupancy by: Tenant
Address: 61 Chelsea Avenue , Toronto, M6P 1B9, Toronto
Postal Code: M6P 1B9
Province/State: Toronto
Legal Description: PLAN M123 PT LOTS 36 & 37
Directions/Cross Streets: Bloor St. W and Dundas St. W
No. of Pieces Level
Washroom 1:  0
Washroom 2:  0
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Category: Apartment
Use: Apts - 2 To 5 Units
Building Percentage: T
Total Area: 1,957
Total Area Code:  Square Feet
Maintenance: 0
Heat Type: Gas Forced Air Close
Central Air Conditioning: Yes
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Asking Price: $ Heating: $ /Year  
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Taxes:   $ /Year Other Debt: $ /Year  
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Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
ROYAL LEPAGE TERREQUITY BESPOKE REALTY

61 Chelsea Avenue , Toronto, M6P 1B9, Toronto

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Stan Khurana
Sales Representative
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6473836000
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Type: Com - Investment
Area: Toronto
Municipality: Toronto W02
Neighbourhood: High Park North
Style:
Lot Size: x 126.00(Feet)
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Tax: $7,903.3
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
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