We use cookies and other technologies for functionality, security, and to provide you with a personalized experience on our online services. By continuing to use our online services, you agree to our Privacy Policy and Terms of Use. For information on how to adjust your privacy settings, visit our Cookie Policy.
Dismiss
Home ON Greater Toronto Area Toronto Old Toronto The Beaches
97 LEE AVENUE
Directions Print
97 LEE AVENUE $8,749,000
$8,749,000
Hide
Favourite

97 LEE AVENUE
Toronto (The Beaches), Ontario M4E2P2

MLS® Number: E11823825
11
Bathrooms
11232
Square Feet

Listing 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 (2021-23). With millions invested, 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. **** EXTRAS **** Suites 1,3,4,8 were completely remodeled to luxury status (2021/23). Suite 6 is vacant presenting a unique rear Suite with private entrance that is expected to boost ROI post a luxury renovation. Suite 10 is also now vacant! (39525975)

Location Description

Queen St. E & Lee Ave.

Property Summary

Property Type
Multi-family
Building Type
Multi-Family
Square Footage
11232 sqft
Community Name
The Beaches
Land Size
75 x 125 FT
Annual Property Taxes
$22,203.33
Total Parking Spaces
10
Time on REALTOR.ca
16 days

Building

Bathrooms
Total
11
Interior Features
Appliances Included
Dishwasher, Dryer, Refrigerator, Stove, Washer, Window Coverings
Heating & Cooling
Cooling
Fully air conditioned
Heating Type
Baseboard heaters
Utilities
Utility Sewer
Storm sewer
Water
Municipal water
Business
Business Type
Residential (Apartments)
Neighbourhood Features
Amenities Nearby
Public Transit, Recreation
Parking
Total Parking Spaces
10

Measurements

Square Footage
11232 sqft

Land

Lot Features
Frontage
75 ft
Land Depth
125 ft
Other Property Information
Zoning Description
Multi-Residential
Data provided by: Toronto Regional Real Estate Board 1400 Don Mills Road, Toronto, Ontario M3B 3N1

Similar Listings

LEONARD FRIDMAN