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.
For sale
C$3,950,000
49 & 51 Wineva Ave, Toronto, ON M4E 2S9
11beds
7baths
Multi Family
Built in ----
-- sqft lot
$-- Zestimate®
C$--/sqft
C$-- HOA
What's special
- 8 days
- on Zillow |
- 72 |
- 2 |
Zillow last checked: 7 hours ago
Listing updated: August 01, 2025 at 10:53am
Listed by:
SUTTON GROUP-ADMIRAL REALTY INC.
Source: TRREB,MLS®#: E12320335
Originating MLS®#: Toronto Regional Real Estate Board

Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 11
- Bathrooms: 7
Heating
- Forced Air, Gas
Cooling
- Wall Unit(s)
Features
- Other
- Basement: Apartment
- Has fireplace: No
Interior area
- Living area range: 5000 + null
Property
Parking
- Total spaces: 3
- Parking features: Available
- Has garage: Yes
Features
- Stories: 2
- Pool features: None
Lot
- Size: 4,400 Square Feet
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick
- Foundation: Other
- Roof: Other
Utilities & green energy
- Sewer: Sewer
Community & HOA
Location
- Region: Toronto
Financial & listing details
- Annual tax amount: C$17,650
- Date on market: 8/1/2025
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