6 Wheeler Avenue, Toronto E02

Price: $1,469,000

5 bedrooms, 2 bathrooms

1,500 - 1,999 sqft

Property Type: Multi-Family

MLS#: E13881736

Lofty co-living in the heart of the Beach! Steps from Kew Gardens and just a five minute stroll to the lake, this one-of-a-kind detached duplex offers two independent two-bedroom suites, a stunning perennial garden and parking for THREE cars. Perfect for co-ownership, multigenerational living or enjoying your own space with rental income! The spacious main floor suite features two generous bedrooms, an expansive living/dining area and soaring 10 foot ceilings. Upstairs, a spectacular loft-style suite offers a spacious primary bedroom overlooking the garden, a second bedroom currently reimagined as a dressing room (seller will convert back upon request), an oversized kitchen with a massive centre island, a private wraparound balcony and a bonus loft ideal for guests, a home office or gym.Outside, discover a lush perennial garden with inviting spaces to relax, recharge and entertain. Ample parking include a legal front parking pad, rear garage and additional parking behind the house.The unfinished, full size basement has its own separate entrance. Recent updates include a new roof, tankless water heater, central air, complete backyard makeover and weeping tiles/sump pump. A rare opportunity to enjoy the best of Beach living, with flexibility for today and possibilities for tomorrow.

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active
New Listing

$1,469,000 - 6 Wheeler Avenue, The Beaches

Multi-Family for Sale in The Beaches

New — Listed 6 days ago

Neighbourhood: The Beaches

5Beds
2Baths
1,500 - 1,999Sq Ft
Multi-Family

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Property Details
MLS Number
E13881736
Property Type
Multi-Family
Status
active
Days on Site
6
Bedrooms
5
Bathrooms
2
Square Feet
1,500 - 1,999 sqft
Neighbourhood
The Beaches / Upper Beaches
Taxes (2026)
$8,126
Listing Brokerage
ROYAL LEPAGE SIGNATURE CONNECT.CA REALTY
Description

Lofty co-living in the heart of the Beach! Steps from Kew Gardens and just a five minute stroll to the lake, this one-of-a-kind detached duplex offers two independent two-bedroom suites, a stunning perennial garden and parking for THREE cars. Perfect for co-ownership, multigenerational living or enjoying your own space with rental income! The spacious main floor suite features two generous bedrooms, an expansive living/dining area and soaring 10 foot ceilings. Upstairs, a spectacular loft-style suite offers a spacious primary bedroom overlooking the garden, a second bedroom currently reimagined as a dressing room (seller will convert back upon request), an oversized kitchen with a massive centre island, a private wraparound balcony and a bonus loft ideal for guests, a home office or gym.Outside, discover a lush perennial garden with inviting spaces to relax, recharge and entertain. Ample parking include a legal front parking pad, rear garage and additional parking behind the house.The unfinished, full size basement has its own separate entrance. Recent updates include a new roof, tankless water heater, central air, complete backyard makeover and weeping tiles/sump pump. A rare opportunity to enjoy the best of Beach living, with flexibility for today and possibilities for tomorrow.

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Estimated Payment

$6,497.88/mo

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5-yr fixed avg.

Principal: $1,175,200Interest: $774,165
Mortgage Amount$1,175,200
Total Interest$774,165
Est. Property Tax$1,041/mo
Total Cost$1,949,365

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: The Beaches

Discover The Beaches

The Beaches is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in The Beaches

  • •Convenient location in The Beaches / Upper Beaches
  • •Access to local shops and dining
  • •Good public transit connections
  • •Community parks and green spaces
  • •Well-maintained neighbourhoods

Nearby Schools

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

Transit & Commuting

  • •MiWay bus routes throughout the area
  • •GO Transit stations within driving distance
  • •Easy highway access to 401/403/QEW
  • •Walking distance to local amenities

Parks & Amenities

  • •Local parks and recreational facilities
  • •Community centres
  • •Shopping plazas nearby
  • •Restaurants and cafes

Lifestyle & Community

The Beaches offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

6 Wheeler Avenue, The Beaches / Upper Beaches

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,600/mo
Range: $3,060 - $4,140
Cap Rate (ROI)
1.8%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$3,600
Maintenance Fees-$0
Property Tax (est.)-$1,041
Insurance (est.)-$306
Net Cash Flow+$2,253

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Fair Market Value

At $979/sqft, this property is priced in line with current The Beaches market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.

Just Listed - Act Strategically

This property hit the market within the last week. In The Beaches's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

Excellent Flexibility

With 5 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in The Beaches.

About The Beaches

I know The Beaches well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.

Investment Perspective

Looking at this as an investment: The Beaches properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $6,121 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

Let's See It Together

Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.

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    6 Wheeler Avenue | $1,469,000 | Battaglia Team