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. (id:60365)
BusinessType | Residential |
BusinessSubType | Apartments |
MLS® Number | E12320481 |
Property Type | Multi-family |
Community Name | The Beaches |
Appliances | Dishwasher, Microwave, Window Coverings |
CoolingType | Fully Air Conditioned |
HeatingFuel | Natural Gas |
HeatingType | Other |
SizeInterior | 6000 Sqft |
Type | Multi-family |
UtilityWater | Municipal Water |
Acreage | No |
SizeDepth | 100 Ft |
SizeFrontage | 44 Ft |
SizeIrregular | 44 X 100 Ft |
SizeTotalText | 44 X 100 Ft |
ZoningDescription | Multi Family |
https://www.realtor.ca/real-estate/28681379/49-51-wineva-avenue-toronto-the-beaches-the-beaches
Evan Ekstein
Salesperson