Located in the heart of Toronto's 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
$3,950,000
MLS® Status
New
Expiration Date
2025-11-01
Property Type
Residential Freehold
Type of Dwelling
Multiplex
Style of Home
2-Storey
Transaction Type
For Sale
Area
Toronto E02
Sub-Area
The Beaches
Region
Toronto
Bedrooms
11
Bedrooms (Total)
11
Rooms Above Grade
21
Bathrooms
7
Floor Area
5000 + Sq. Ft.
Lot Depth
100
Lot Size Units
Feet
Lot Width
44
Occupant Type
Vacant
Cross Street
Queen St E & Wineva Ave
MLS® Number
E12320335
Listing Brokerage
SUTTON GROUP-ADMIRAL REALTY INC.
Basement Area
Apartment
Postal Code
M4E 2T1
Posession Details
Flexible
Parking
Available
Parking Places (Total)
3
Parking Spaces
3
Tax Amount
$17,650.00
Tax Year
2025
Interior Features
Other
Central Vacuum
No
Family Room
Yes
Ensuite Laundry
No
Special Designation
Unknown
Standard Status
Active
Board Or Association
Toronto Regional Real Estate Board
Heat Source
Gas
Heat Type
Forced Air
Cooling Features
Wall Unit(s)
Construction Materials
Brick
Direction Faces
East
Fireplace
No
Foundation Details
Other
Garage
Yes
Garage Type
Detached
Covered Spaces
3
Kitchens Total
6
Kitchens Above Grade
6
Pool Features
None
Roof
Other
Tax Legal Description
Plan M490 {t :pt 34 {t :pt 35
Waterfront
No
Sewer
Sewer
