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Main Photo: 97 Lee Avenue in Toronto: The Beaches Commercial for sale (Toronto E02)  : MLS®# E13436052
Photo 1: 97 Lee Avenue in Toronto: The Beaches Commercial for sale (Toronto E02)  : MLS®# E13436052
Photo 2: 97 Lee Avenue in Toronto: The Beaches Commercial for sale (Toronto E02)  : MLS®# E13436052
Photo 3: 97 Lee Avenue in Toronto: The Beaches Commercial for sale (Toronto E02)  : MLS®# E13436052
Photo 4: 97 Lee Avenue in Toronto: The Beaches Commercial for sale (Toronto E02)  : MLS®# E13436052
Photo 5: 97 Lee Avenue in Toronto: The Beaches Commercial for sale (Toronto E02)  : MLS®# E13436052
Photo 6: 97 Lee Avenue in Toronto: The Beaches Commercial for sale (Toronto E02)  : MLS®# E13436052
Photo 7: 97 Lee Avenue in Toronto: The Beaches Commercial for sale (Toronto E02)  : MLS®# E13436052
Photo 8: 97 Lee Avenue in Toronto: The Beaches Commercial for sale (Toronto E02)  : MLS®# E13436052
Photo 9: 97 Lee Avenue in Toronto: The Beaches Commercial for sale (Toronto E02)  : MLS®# E13436052
Photo 10: 97 Lee Avenue in Toronto: The Beaches Commercial for sale (Toronto E02)  : MLS®# E13436052
Photo 11: 97 Lee Avenue in Toronto: The Beaches Commercial for sale (Toronto E02)  : MLS®# E13436052
Photo 12: 97 Lee Avenue in Toronto: The Beaches Commercial for sale (Toronto E02)  : MLS®# E13436052
Photo 13: 97 Lee Avenue in Toronto: The Beaches Commercial for sale (Toronto E02)  : MLS®# E13436052
Photo 14: 97 Lee Avenue in Toronto: The Beaches Commercial for sale (Toronto E02)  : MLS®# E13436052
Photo 15: 97 Lee Avenue in Toronto: The Beaches Commercial for sale (Toronto E02)  : MLS®# E13436052
Photo 16: 97 Lee Avenue in Toronto: The Beaches Commercial for sale (Toronto E02)  : MLS®# E13436052
Photo 17: 97 Lee Avenue in Toronto: The Beaches Commercial for sale (Toronto E02)  : MLS®# E13436052
Photo 18: 97 Lee Avenue in Toronto: The Beaches Commercial for sale (Toronto E02)  : MLS®# E13436052
Photo 19: 97 Lee Avenue in Toronto: The Beaches Commercial for sale (Toronto E02)  : MLS®# E13436052
Photo 20: 97 Lee Avenue in Toronto: The Beaches Commercial for sale (Toronto E02)  : MLS®# E13436052
Photo 21: 97 Lee Avenue in Toronto: The Beaches Commercial for sale (Toronto E02)  : MLS®# E13436052
Photo 22: 97 Lee Avenue in Toronto: The Beaches Commercial for sale (Toronto E02)  : MLS®# E13436052
Photo 23: 97 Lee Avenue in Toronto: The Beaches Commercial for sale (Toronto E02)  : MLS®# E13436052
Photo 24: 97 Lee Avenue in Toronto: The Beaches Commercial for sale (Toronto E02)  : MLS®# E13436052
Photo 25: 97 Lee Avenue in Toronto: The Beaches Commercial for sale (Toronto E02)  : MLS®# E13436052
Photo 26: 97 Lee Avenue in Toronto: The Beaches Commercial for sale (Toronto E02)  : MLS®# E13436052
Photo 27: 97 Lee Avenue in Toronto: The Beaches Commercial for sale (Toronto E02)  : MLS®# E13436052
Photo 28: 97 Lee Avenue in Toronto: The Beaches Commercial for sale (Toronto E02)  : MLS®# E13436052
Photo 29: 97 Lee Avenue in Toronto: The Beaches Commercial for sale (Toronto E02)  : MLS®# E13436052
Photo 30: 97 Lee Avenue in Toronto: The Beaches Commercial for sale (Toronto E02)  : MLS®# E13436052
Photo 31: 97 Lee Avenue in Toronto: The Beaches Commercial for sale (Toronto E02)  : MLS®# E13436052
Photo 32: 97 Lee Avenue in Toronto: The Beaches Commercial for sale (Toronto E02)  : MLS®# E13436052
Photo 33: 97 Lee Avenue in Toronto: The Beaches Commercial for sale (Toronto E02)  : MLS®# E13436052
Photo 34: 97 Lee Avenue in Toronto: The Beaches Commercial for sale (Toronto E02)  : MLS®# E13436052
Photo 35: 97 Lee Avenue in Toronto: The Beaches Commercial for sale (Toronto E02)  : MLS®# E13436052
Photo 36: 97 Lee Avenue in Toronto: The Beaches Commercial for sale (Toronto E02)  : MLS®# E13436052
Photo 37: 97 Lee Avenue in Toronto: The Beaches Commercial for sale (Toronto E02)  : MLS®# E13436052
Photo 38: 97 Lee Avenue in Toronto: The Beaches Commercial for sale (Toronto E02)  : MLS®# E13436052
Photo 39: 97 Lee Avenue in Toronto: The Beaches Commercial for sale (Toronto E02)  : MLS®# E13436052
Photo 40: 97 Lee Avenue in Toronto: The Beaches Commercial for sale (Toronto E02)  : MLS®# E13436052
Photo 41: 97 Lee Avenue in Toronto: The Beaches Commercial for sale (Toronto E02)  : MLS®# E13436052
Photo 42: 97 Lee Avenue in Toronto: The Beaches Commercial for sale (Toronto E02)  : MLS®# E13436052
Photo 43: 97 Lee Avenue in Toronto: The Beaches Commercial for sale (Toronto E02)  : MLS®# E13436052
Photo 44: 97 Lee Avenue in Toronto: The Beaches Commercial for sale (Toronto E02)  : MLS®# E13436052
Photo 45: 97 Lee Avenue in Toronto: The Beaches Commercial for sale (Toronto E02)  : MLS®# E13436052
Photo 46: 97 Lee Avenue in Toronto: The Beaches Commercial for sale (Toronto E02)  : MLS®# E13436052
Status:
Active
Prop. Type:
Commercial
MLS® Num:
E13436052
Bus Major:
Apts - 6 To 12 Units
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 Type:
Commercial
Property Sub Type:
Investment
Freestanding:
Yes
Total Area:
11232 sq. ft. Square Feet
Total Area:
11,232 sq. ft.
Lot Depth:
125'
Lot Frontage:
75'
Lot Details:
75.00 x 125.00 Feet
Bathrooms:
11.0
Water supply:
Municipal
Rooms:
0
Zoning:
Multi-Residential
Heating type:
Baseboard
Cooling:
Yes
Garage:
None
Parking Spaces:
10
Possession Details:
Flexible
HST Applicable To Sale Price:
In Addition To
Type Taxes:
Annual
Taxes:
$22,203.33 / 2025
Assessment:
$- / -
Toronto
Toronto E02
The Beaches
Public Transit, Recreation/Community Centre
10 fridges, 10 stoves, 6 dishwashers, 6 washers, 6 dryers, 2 coin operated washers, 2 coin operated dryers, elfs, window coverings, hot water tank
Tenants Property
No
Utilities:
Yes
Energy Certification:
No
Green Property Information Statement:
No
Sewers:
Storm
Air Conditioning:
Yes
Seller Property Info Statement:
No
Major Business Type:
Apts - 6 To 12 Units
Category:
Apartment
Franchise:
No
Outside Storage:
No
Date Listed:
Jun 12, 2026
Original Price:
Previous Price:
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Listed by PROPERTY.CA INC.
Data was last updated June 15, 2026 at 04:15 AM (UTC)
DARYL  KING
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Why Invest in Apartment Buildings for Sale?

Owning an apartment building for sale provides unique advantages:

  • Multiple rental units generate consistent monthly income
  • Economies of scale make property management more efficient
  • Opportunity to increase property value through renovations and upgrades
  • High demand for rental housing in urban and suburban markets

What to Look for in Apartment Buildings for Sale

When evaluating apartment buildings for sale, consider:

  • Vacancy rates and tenant demand in the area
  • Location and proximity to transit, schools, and employment hubs
  • Building condition, age, and potential maintenance costs
  • Current rental income and future appreciation potential

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Whether you’re looking for small multi-family units or larger residential complexes, we offer a wide selection of apartment buildings for sale to match your investment goals. Let us help you find a property that offers steady income and long-term value.

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FAQs – Apartment Buildings for Sale

1. Are apartment buildings a good investment?
Yes, apartment buildings provide steady rental income, potential tax benefits, and property value appreciation over time.

2. What should I consider before buying an apartment building?
Evaluate location, tenant demand, building condition, rental income, and management costs.

3. Can first-time investors buy apartment buildings?
Yes, many financing options are available for new investors, including CMHC-backed loans and commercial mortgages.

4. How many units are considered an apartment building?
Typically, any property with five or more units is classified as an apartment building for investment purposes.

5. Where can I find apartment buildings for sale?
You can find listings across major cities and growing suburbs where rental demand remains strong.