$4,150,000Asking Price
49 & 51 Wineva Avenue, Toronto, ON M4E 2T1
The Beach, Toronto
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.
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.
See MoreKey Info
- 2-Storey Multiplex
- 3 Parking
- Detached Garage
- Queen St E & Wineva Ave
- 5000 + Approximate Sq Feet
- No Ensuite Laundry
- Forced Air Gas Heating
Property
- Excludes: Heat, Hydro, Water, Cable TV, Central A/C, Common Elements, Building Insurance, Parking
- Taxes were $17,650 in 2025
- Possession: Immediate
Details
- Brick Exterior
- No Fireplace
- 6 Kitchens
- MLS #E12166522
- SUTTON GROUP-ADMIRAL REALTY INC.
Extras
Rooms
| Room | Floor | Dimensions | Details | |
|---|---|---|---|---|
 | 7 4-Piece Bathrooms | |||
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Who lives here?
The Beach, Toronto is a central Toronto neighbourhood notable for its university grads, executives and business, education, law & public sector and arts & culture professionals. Residents tend to be older with a significant number of babies, kids aged 5 to 14, adults aged 40 to 64 and seniors aged 65 to 69.
Families
Kids Per Family
1.1
kids per family
in the neighbourhood.
Gta (1.3)
Singles
44%
of residents are
single and loving it.
44% singles
Toronto (50%)Gta (45%)
Renters
38%
of residents
are renters.
38% renters
Toronto (47%)Gta (33%)
Education
63%
of residents are
university grads.
63% university grads
Toronto (48%)Gta (44%)
Income
Average Household Income
$207K
is the average household
income in the neighbourhood.
Gta ($135K)
Professions
Professions
| Government | 13% |
| Management | 13% |
| Sales | 12% |
| Business | 12% |
| Culture | 8% |
Immigrants
20%
of residents were
born outside of Canada.
20% immigrants
Toronto (48%)Gta (45%)
Birthplace - All
4.0% from UK
All-time
Birthplace - Recent
0.4% from UK
Recent
Foreign Languages
Foreign Languages
| French | 3% |
| German | 1% |
| Spanish | 1% |
| Cantonese | 1% |
| Italian | 1% |
Religions
Religions
| Christian | 55% |
| Jewish | 2% |
| Buddhist | 1% |
| Hindu | 1% |
| Muslim | 1% |
Social Housing
Social Housing Buildings
6
Social housing buildings
in the neighbourhood.
Shelters
Shelters
0
Homeless shelters in
the neighbourhood.
