
Listed For $1,795,000
Added 1 month ago
1957 Square Feet
Investment
$7,903 Tax / yr
-
Bedrooms
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Bathrooms
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Garages
1957
Square Feet
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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 Dunda
Census area 35201361; area-wide figures, not facts about this home.
Adapted from Statistics Canada, 2021 Census of Population, Census Profile, 2021. This does not constitute an endorsement by Statistics Canada of this product.