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
Commercial
Type of Dwelling
Investment
Transaction Type
For Sale
Area
Toronto E02
Sub-Area
The Beaches
Region
Toronto
Lot Depth
100
Lot Type
Lot
Lot Size Units
Feet
Lot Width
44
Total Building Area
6000
Occupant Type
Tenant
Cross Street
Queen E And Wineva Ave
MLS® Number
E12320481
Listing Brokerage
SUTTON GROUP-ADMIRAL REALTY INC.
Basement
Yes
Postal Code
M4E 2T1
Posession Details
Immediate
Tax Amount
$17,650.00
Tax Year
2025
Standard Status
Active
Board Or Association
Toronto Regional Real Estate Board
Heat Type
Gas Forced Air Open
Cooling Features
Yes
Garage Type
Single Detached
Tax Legal Description
Plan M490 Pt Lot 34 Pt Lot 35
Security Features
No
