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For Sale

97 Lee Avenue, Toronto, ON M4E 2P2

$8,449,000

  • 11 Bathrooms
  • Investment
  • MLS® E13780830

Listing Brokerage: PROPERTY.CA INC.

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.

Property details

MLS® number
E13780830
Transaction
For Sale
Property type
Commercial
Style / use
Investment
Community
The Beaches
City
Toronto E02
Bathrooms
11
Building area
11232 Square Feet
Lot width
75 Feet
Lot depth
125 Feet
Heating
Baseboard
Cooling
Yes
Garage
None
Taxes
$22,203.33
Tax year
2026
Business type
Apts - 6 To 12 Units
Listing brokerage
PROPERTY.CA INC.

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