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Listed by Sutton Group-Admiral Realty Inc..
49 & 51 Wineva Avenue is a Multiplex, 2-Storey and is currently for Sale @ $3,950,000. Taxes in 2025 were $17,650.00.
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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. The 2-Storey on 49 & 51 Wineva Avenue has 11 bedrooms, 7 bathrooms, and is located on a 100 x 44 ft lot in the community of The Beaches . 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.
All existing appliances in each unit (fridges, stoves, and any dishwashers or microwaves). Ensuite Laundry. light fixtures and window coverings, Parking spaces as currently configured, Outdoor amenities such as a backyard with a second-floor patio.
The address 49 & 51 Wineva Avenue was listed for sale (MLS# E12320335) on Friday, August 01, 2025.