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$3,950,000Asking Price

49 & 51 Wineva Avenue, Toronto E02, ON M4E 2T1

The Beach, Toronto

Multiplex
11
Bedrooms
7
Baths
3
Parking
Days on Market

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.

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.

  OPEN HOUSE

Key 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: Flexible

Details

  • Brick Exterior
  • No Fireplace
  • 6 Kitchens
  •  
  • MLS #E12320335
  • SUTTON GROUP-ADMIRAL REALTY INC.

Extras

Room Floor Dimensions Details
Washroom7 4-Piece Bathrooms

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.

Toronto  (1.2)
Gta  ({{ '1.29999995231628' | number: 1 }})

Singles

44% of residents are
single and loving it.

44% singles

Toronto (50%)
Gta ({{ '44.8800010681152' | number: 0 }}%)

Renters

38% of residents
are renters.

38% renters

Toronto (47%)
Gta ({{ '33.0200004577637' | number: 0 }}%)

Education

63% of residents are
university grads.

63% university grads

Toronto (48%)
Gta ({{ '43.6699981689453' | number: 0 }}%)

Income

Average Household Income

$207K

is the average household
income in the neighbourhood.

Toronto  ($132K)
Gta  ({{ '135056.828125' | minifiedCurrency }})

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 ({{ '45.4300003051758' | number: 0 }}%)

Birthplace - All

UK was once home to 4.0% of immigrants.
USA 2.2%
Caribbean 0.9%
Germany 0.8%
Ireland 0.7%

4.0% from UK
All-time

Birthplace - Recent

UK was once home to 0.4% of immigrants.
USA 0.2%
Philippines 0.2%
Germany 0.1%
France 0.1%

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.

Gta Avg (5.19)

Shelters

Shelters

0

Homeless shelters in
the neighbourhood.

Gta Avg (0.54)