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.
4 bedrooms, 4 bathrooms, about 1,500 sq ft, works out to roughly $1,197 per square foot, the bed-to-bath ratio is generous. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.
Inside 61 Chelsea Ave
Every detail from the listing, in one place.
Type
Detached
Style
3-Storey
Living space
1500-2000 sq ftas stated on the listing
Parking
2 spacesYes garage
Basement
Apartment
Features & systems
Parking & garage
Garage
Yes
Parking spaces
2
Interior
Basement
Apartment
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
3-Storey
Property class
Detached
61 Chelsea Ave Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® W13751774$1,795,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 61 Chelsea Ave Compares to the Toronto Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$8,818
/mo
based on the purchase price of $1,795,000
$359,000 cash
$1,436,000 financed
$1,209,489 total interest
Principal54%$1,436,000
Interest46%$1,209,489
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
Want rate-drop alerts and a saved shortlist?
Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
For homeowners nearby
Own a home on Chelsea Avenue? See what yours is worth
Get an instant estimate for your own home, based on recent sales around you. A free account shows the number and emails you the full report.
Free · No obligation · Backed by Coldwell Banker
Book a tour of 61 Chelsea Ave with a licensed buyer's agent
Your agent is usually paid from the seller's side. We'll confirm the co-operating commission on this listing before you sign anything.
Zara, any time
Zara · AI virtual agent
Ask about 61 Chelsea Ave day or night. Zara reads this listing and answers in plain words. When you want a person, she hands you to a licensed agent.
A licensed local agent
Your agent shows you the home, checks the paperwork and negotiates your offer, on your side, not the seller's.
Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Similar homes for sale nearby in Toronto
Other 3–4 bed homes for sale in Toronto around $1.8M.
Average days on market31Homes sold in about 31 days on average.
Sale-to-list ratio4987.8%On average, homes sold at or above asking.
Active listings12,136Homes for sale here right now.
Median vs prior 90 days0.0%Compared with Apr 29 – Jul 28, 2026.
Based on 9,511 sales from Jul 28 – Oct 26, 2026 (6,903 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
61 Chelsea Ave is listed at $1,795,000 (MLS® W13751774). Summitly updates the price as soon as the MLS® record changes.
Is $1,795,000 a good price for 61 Chelsea Ave?
Summitly rates it Well Above Market: the asking price is 15% or more above Zara's estimate, an estimate built from recent sales in Toronto. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 61 Chelsea Ave changed?
No — 61 Chelsea Ave is still listed at its original asking price of $1,795,000.
How many bedrooms and bathrooms does 61 Chelsea Ave have?
61 Chelsea Ave has 4 bedrooms and 4 bathrooms, with about 1,500–2,000 square feet of living space. It is a detached home in Toronto.
Is 61 Chelsea Ave close to transit?
The nearest rapid-transit station is Dundas West Station (Line 2), about 120 m (about a 2-minute walk) in a straight line. Bloor GO Station is about 260 m (about a 3-minute walk), and Keele Station is about 520 m (about a 6-minute walk). Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
How much would the monthly mortgage be on 61 Chelsea Ave?
About $8,818 a month — principal and interest on $1,795,000 with 20% down ($359,000), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 61 Chelsea Ave compare with other homes in Toronto?
Its asking price of $1,795,000 is about 114% above the median sold price in Toronto over the last 90 days, $840,000, across 9,511 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 61 Chelsea Ave been sold before?
Summitly has no earlier MLS® sale or lease of 61 Chelsea Ave on record from the last two years. Older records aren't shown under TRREB rules.
Where is 61 Chelsea Ave?
61 Chelsea Ave is in Toronto, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 61 Chelsea Ave been on the market?
48 days — 61 Chelsea Ave was listed on September 8, 2026.
What is the price per square foot of 61 Chelsea Ave?
About $898 to $1,197 per square foot: the asking price of $1,795,000 over the 1,500–2,000 sq ft the listing gives as its size range.
Does 61 Chelsea Ave have parking or a garage?
Yes — the listing gives 2 parking spaces. Garage: Yes.