49 & 51 Wineva AVE new

Toronto E02,ON M4E 2T1

$ 3950000

- Bed

- Bath

6000 SqFt


Key Details

Property Type Commercial

Sub Type Investment

Listing Status Active

Purchase Type For Sale

Square Footage 6,000 sqft

Price per Sqft $658

Subdivision The Beaches

MLS Listing ID E12320481

Annual Tax Amount $17,650

Tax Year 2025

Property Sub-Type Investment

Property Description

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.

Location

Province ON

County Toronto

Community The Beaches

Area Toronto

Interior

Cooling Yes

Exterior

Utilities Available Yes

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