49 & 51 Wineva Avenue, Toronto E02, ON M4E 2T1, Toronto E02, ON
Bed 11
Bath 7
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.
Property Highlights
For Sale
MLS NO.
E12166522
Type
Residential Freehold
Sub Type
Multiplex
Bedrooms
11
Bathrooms
7
Parking
3.0
Garage
Yes
Complete Property Details
Property Type
Residential Freehold
Sub Type
Multiplex
Transaction Type
For Sale
Status
Cancelled
Contract Status
Unavailable
MLS® Number
E12166522
Living Area Range
5000 +
Total Bedrooms
11
Bedrooms Above Grade
11
Total Bathrooms
7
Total Kitchens
6
Kitchens Above Grade
6
Rooms Above Grade
21
Interior Features
Other
Fireplace
No
Central Vacuum Yn
No
Construction
Brick
Roof
Other
Lot Width
44.0
Parking Features
Available
Parking Total
3.0
Covered Spaces
3.0
Garage Type
Detached
Garage
Yes
Pool
None
Direction Facing
East
Cooling
Wall Unit(s)
Heat Source
Gas
Heat Type
Forced Air
Internet Address Display Yn
Yes
Internet Entire Listing Display Yn
Yes
Full Address
49 & 51 Wineva Avenue, Toronto E02, ON M4E 2T1
City
Toronto E02
Neighbourhood
The Beaches
County / Region
Toronto
Province / State
ON
Postal Code
M4E 2T1
Cross Street
Queen St E & Wineva Ave
List Price
$4,150,000
Annual Taxes
$17,650
Tax Year
2025
Legal Description
Plan M490 {t :pt 34 {t :pt 35
Possession Type
Flexible
Possession Details
Immediate
Listing Office
SUTTON GROUP-ADMIRAL REALTY INC.
Board
Toronto Regional Real Estate Board
Original Entry
2025-05-22T18:15:04Z
Media Updated
2025-05-22T18:15:04Z
Photos Updated
2025-05-22T18:15:04Z
Last Modified
2025-08-01T17:51:07Z
System Modified
2025-10-12T10:00:14.294341Z
MLS Status
Terminated
Architectural Style
2-Storey
Basement
Apartment
Ddfyn
Yes
Expiration Date
2025-11-01
Foundation Details
Other
Heat Source Multi
Gas
Heat Type Multi
Forced Air
Hstapplication
Included In
Occupant Type
Tenant
Originating System Id
A00001796
Parking Spaces
3
Public Remarks
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.
