Beaches Investment Opportunity 7-Unit Multiplex in Prime Location Welcome to 49-51 Wineva Avenue, a multi-residential gem nestled in the heart of The Beaches one of Torontos most desirable and walkable communities. This well-maintained 7-unit apartment building offers a unique opportunity for investors or end-users seeking strong income potential and future value appreciation. Situated on a quiet, tree-lined street just steps from Queen Street East, Woodbine Beach, and the waterfront, this purpose-built multiplex features a mix of spacious 1 and 2-bedroom units, each with excellent layouts and natural light. Tenants enjoy access to a large backyard, on-site laundry, and parking. The building has been consistently maintained with updated mechanicals, a solid brick façade, and separate hydro meters for added efficiency. Whether you're looking to hold and generate stable rental income or redevelop in an area with strong demand and limited supply, this property checks all the boxes. Steps to TTC, shops, cafes, parks, schools, and the lake urban convenience with a true neighbourhood feel. |
Price | $4,150,000 |
Taxes: | $17650.00 |
Tax Type: | Annual |
Occupancy: | Tenant |
Address: | 49 & 51 Wineva Aven , Toronto, M4E 2T1, Toronto |
Postal Code: | M4E 2T1 |
Province/State: | Toronto |
Legal Description: | Plan M490 Pt Lot 34 Pt Lot 35 |
Directions/Cross Streets: | Queen E And Wineva Ave |
Washroom Type | No. of Pieces | Level |
Washroom Type 1 | 0 | |
Washroom Type 2 | 0 | |
Washroom Type 3 | 0 | |
Washroom Type 4 | 0 | |
Washroom Type 5 | 0 | |
Washroom Type 6 | 0 | |
Washroom Type 7 | 0 | |
Washroom Type 8 | 0 | |
Washroom Type 9 | 0 | |
Washroom Type 10 | 0 |
Category: | Apartment |
Use: | Apts - 6 To 12 Units |
Building Percentage: | T |
Total Area: | 6000.00 |
Total Area Code: | Square Feet |
Financial Statement: | T |
Chattels: | T |
Franchise: | F |
Expenses Actual/Estimated: | $Est |
Sprinklers: | No |
Washrooms: | 0 |
Heat Type: | Gas Forced Air Open |
Central Air Conditioning: | Yes |
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
SUTTON GROUP-ADMIRAL REALTY INC. |
|
Book Showing | Email a Friend |
Type: | Com - Investment |
Area: | Toronto |
Municipality: | Toronto E02 |
Neighbourhood: | The Beaches |
Tax: | $17,650 |
Fireplace: | N |