97 Lee Avenue, Toronto, ON M4E 2P2

$8,474,000
17
BD
11
BA

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$8,474,000
MLS#
E13436144
Status
ACTIVE
Type
Multifamily
SubType
Multiplex
Style
3-Storey
Bedrooms
17
Bathrooms
11
Living Area
5000 +
Province
ON
Municipality
Toronto
Area
Toronto
Neighborhood
The Beaches
Subdivision
Queen St. E & Lee Ave.

Property Description

Boutique living redefined in the heart of the Beaches. This iconic address boasts 6 multi-story lofts and 4 exquisite suites (10 large suites in total), following a significant two-year building restoration program (2021-25). With millions invested, over 65% of the property's square footage has been meticulously upgraded to luxury standards. All remodeled suites immediately captured significantly higher rents, proving that investment case to continue with luxury renovation plans as tenants churn. Tenants desire large multi-level lofts, complete privacy, luxury renos, with surface parking and no elevators! Nestled on a spacious 75x125 ft lot, the building showcases 11,000 sq ft of living space, complemented by 10 surface parking spots, 10 personal storage lockers, and various alfresco areas. With a blend of contemporary luxury, timeless exposed brick and beam, elegant hardwood floors, and abundant natural light, steps to Kew Gardens, the boardwalk, Financial District and More. Suites 1,3,4,8,6,10 were completely remodeled to luxury status (2021/25). Suite 10s renovation and restoration are complete, making it the newest finished unit.

Additional Information

Taxes
$22,203
Heat Type
Baseboard
Heat Source
Electric
Air Conditioning
Wall Unit(s)
Family Room
Yes
Kitchens
10
Exterior
Brick
Garage Type
None
Pool
None
Parking Spaces
10
Parking Type
Private

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of PROPERTY.CA INC..