$4,150,000Asking Price
Located in the heart of Torontos 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 Torontos 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.
See MoreRoom | Floor | Dimensions | Details | |
---|---|---|---|---|
7 4-Piece Bathrooms |
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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.
Kids Per Family
1.1
kids per family
in the neighbourhood.
44%
of residents are
single and loving it.
44% singles
Toronto (50%)
38%
of residents
are renters.
38% renters
Toronto (47%)
63%
of residents are
university grads.
63% university grads
Toronto (48%)Average Household Income
$207K
is the average household
income in the neighbourhood.
Professions
Government | 13% |
Management | 13% |
Sales | 12% |
Business | 12% |
Culture | 8% |
20%
of residents were
born outside of Canada.
20% immigrants
Toronto (48%)4.0% from UK
All-time
0.4% from UK
Recent
Foreign Languages
French | 3% |
German | 1% |
Spanish | 1% |
Cantonese | 1% |
Italian | 1% |
Religions
Christian | 55% |
Jewish | 2% |
Buddhist | 1% |
Hindu | 1% |
Muslim | 1% |
Social Housing Buildings
6
Social housing buildings
in the neighbourhood.
Shelters
0
Homeless shelters in
the neighbourhood.