Selling

97 Lee Avenue, Toronto, ON M4E 2P2

$8,599,000

  • Jun 13, 2025
  • Toronto E02, Ontario

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. 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 that is almost complete. Suite 10 is also now vacant!
Overview
MLS ID: E12009935
Type: Others
Bedrooms: 17
Bathrooms: 11
Price: $8,599,000
PropertyType: Residential Freehold
TransactionType: For Sale
BuildingAreaUnits: Square Feet
Cooling: Wall Unit(s)
Heating: Baseboard
ParkingFeatures: None
YearBuilt: Unknown
TaxAnnualAmount: 22203.33
PossessionDetails: TBD.

🏠 Room Details
# Room Type Level Length (m) Width (m) Feature 1 Feature 2 Feature 3
1 Kitchen Main 3.85 2.43 Renovated Stainless Steel Appl Eat-in Kitchen
2 Living Room Main 9.08 4.97 Hardwood Floor Bay Window Open Concept
3 Office Main 2.74 2.07 B/I Closet Window Hardwood Floor
4 Bedroom Second 4.05 3.11 Hardwood Floor Window Closet
5 Bedroom 2 Second 3.72 2.74 3 Pc Ensuite Walk-In Closet(s) W/O To Terrace
6 Bedroom 3 Second 3.67 2.74 Hardwood Floor Large Window Closet
7 Loft Third 3.7 3.63 Fireplace Balcony Hardwood Floor
8 Kitchen Main 3.85 2.38 Renovated Stainless Steel Appl Breakfast Bar
9 Living Room Main 6.57 3.85 Hardwood Floor Open Concept Combined w/Dining
10 Bedroom Second 4.1 2.71 Hardwood Floor Large Window Closet
11 Bedroom 2 Second 3.42 2.71 Hardwood Floor Closet Large Window
12 Loft Third 4.09 4.01 Balcony Fireplace Hardwood Floor
Map
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