97 LEE AVENUE
Toronto (The Beaches), Ontario
MLS® E13436144
$8,474,000
- Status
- Active
- Property type
- Multi-family
- MLS® number
- E13436144
- Bedrooms
- 17
- Bathrooms
- 11
- Year built
- —
1 / 50Listing 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 summary
- MLS® number
- E13436144
- Property type
- Multi-family
- Building type
- Other
- Land size
- 75 x 125 FT
- Annual property taxes
- $22,203.33
- Parking
- 10 spaces · No Garage
- Days on market
- 83 days
Features & details
- Heating
- Baseboard heaters, Electric
- Cooling
- Wall unit
- Basement
- Apartment in basement, N/A
- Flooring
- Hardwood
- Appliances
- Washer, Refrigerator, Dishwasher, Stove, Dryer, Window Coverings, Water Heater
- Exterior features
- Brick
What would this home cost you?
Based on the $8,474,000 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of PROPERTY.CA INC., TORONTO.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.