Located in the heart of Torontos coveted Beaches neighborhood, 49-51 Wineva Avenue presents a rare opportunity to own a well-maintained 7-unit apartment building on a quiet, tree-lined street just steps from Queen Street East and the waterfront. This solid brick multiplex features a mix of spacious one- and two-bedroom units, each offering bright interiors,functional layouts, and excellent rental appeal.The property boasts updated mechanicals, separate hydro meters for each unit, on-site laundry,private parking, and a large backyard making it a turnkey investment with strong income-generating potential. With limited supply and high demand in the area, this building offers not only steady rental returns but also potential for long-term value appreciation or future redevelopment.Surrounded by local shops, cafes, parks, and top-rated schools, and with easy access to public transit and downtown Toronto, this property seamlessly blends urban convenience with a tight-knit community atmosphere. A prime opportunity for investors seeking a stable asset in one of the city's most desirable neighborhoods.
Address
49 & 51 Wineva Avenue
List Price
$4,150,000
Property Type
Residential Freehold
Type of Dwelling
Multiplex
Style of Home
2-Storey
Area
Toronto E02
Sub-Area
The Beaches
County
Toronto
Bedrooms
11
Bathrooms
7
Floor Area
5000 + Sq. Ft.
Lot Depth
100
Lot Size Units
Feet
Lot Width
44
MLS® Number
E12166522
Listing Brokerage
SUTTON GROUP-ADMIRAL REALTY INC.
Basement Area
Apartment
Postal Code
M4E 2T1
Parking
Available
Parking Places (Total)
3
Tax Amount
$17,650.00
Tax Year
2025
Interior Features
Other
Heat Source
Gas
Heat Type
Forced Air
Cooling Features
Wall Unit(s)
Construction Materials
Brick
Direction Faces
East
Foundation Details
Other
Garage Type
Detached
Kitchens Total
6
Pool Features
None
Roof
Other
Sewer
Sewer