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97 Lee Avenue

The Beaches Toronto M4E 2P2

$8,599,000

Residential Freehold beds: 9+8 baths: 11.0

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• Details
• Photos
• Map

Status:

Active

Prop. Type:

Residential Freehold

MLS® Num:

E12009935

Bedrooms:

9+8

Bathrooms:

11

• Photos (37)

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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!

General Info:

Property Type:

Residential Freehold

Property Sub Type:

Multiplex

Home Style:

3-Storey

Depth:

125'38.1 m

Frontage:

75'22.9 m

Lot Details:

75.00 x 125.00 Feet

Direction Faces:

West

Bedrooms:

9+8

Bathrooms:

11.0

Water supply:

Municipal

Kitchens:

10

Kitchens in Basement:

1

Bedrooms Above Grade:

9

Bedrooms Below Grade:

8

Kitchens Above Grade:

9

Rooms Above Grade:

43

Rooms:

0

Zoning:

Multi-Residential

Additional Info:

Heating type:

Baseboard

Heating Fuel:

Electric

Cooling:

Yes

Foundation:

Concrete Block, Brick

Roof:

Membrane

Basement:

Apartment

Fireplace/Stove:

Yes

Garage:

None

Garage Spaces:

0.0

Parking Features:

Private

Parking Spaces:

10

Total Parking Spaces:

10.0

Family Room:

Yes

Possession Details:

TBD.

Pool:

None

Financial Info:

HST Applicable To Sale Price:

In Addition To

Development Charges Paid:

No

Taxes:

$22,203.33 / 2024

Assessment:

$- / -

Listing Area:

Toronto E02

Listing Sub-Area:

The Beaches

County Or Parish:

Toronto

Interior Features:

None

Inclusions:

10 fridges, 10 stoves, 4 dishwashers, 4 washers, 4 dryers, 2 coin operated washers, 2 coin operated dryers, elfs, window coverings, hot water tank

Exclusions:

Tenants Property.

Exterior Finish:

Brick

Elevator:

No

Retirement:

No

Room Information:

Floor

Type

Size

Other

Main

Kitchen

12'8"3.86 m × 8'2.44 m

Renovated, Stainless Steel Appl, Eat-in Kitchen

Main

Living Room

29'9½"9.08 m × 16'4"4.98 m

Hardwood Floor, Bay Window, Open Concept

Main

Office

9'2.74 m × 6'9½"2.07 m

B/I Closet, Window, Hardwood Floor

Second

Bedroom

13'3½"4.05 m × 10'2½"3.11 m

Hardwood Floor, Window, Closet

Second

Bedroom 2

12'2½"3.72 m × 9'2.74 m

3 Pc Ensuite, Walk-In Closet(s), W/O To Terrace

Second

Bedroom 3

12'½"3.67 m × 9'2.74 m

Hardwood Floor, Large Window, Closet

Third

Loft

12'2"3.71 m × 11'11"3.63 m

Fireplace, Balcony, Hardwood Floor

Main

Kitchen

12'8"3.86 m × 7'10"2.39 m

Renovated, Stainless Steel Appl, Breakfast Bar

Main

Living Room

21'7"6.58 m × 12'8"3.86 m

Hardwood Floor, Open Concept, Combined w/Dining

Second

Bedroom

13'5"4.09 m × 8'11"2.72 m

Hardwood Floor, Large Window, Closet

Second

Bedroom 2

11'3"3.43 m × 8'11"2.72 m

Hardwood Floor, Closet, Large Window

Third

Loft

13'5"4.09 m × 13'2"4.01 m

Balcony, Fireplace, Hardwood Floor

Other Details:

Energy Certification:

No

Green Property Information Statement:

No

Special Designation:

Unknown

Sewers:

Sewer

Air Conditioning:

Wall Unit(s)

Central Vacuum:

No

Seller Property Info Statement:

No

Listing Info:

Date Listed:

Mar 10, 2025

Original Price:

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Previous Price:

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Listed by PROPERTY.CA INC.

Data was last updated June 18, 2025 at 03:15 AM (UTC)

• DARYL KING
• RE/MAX HALLMARK REALTY LIMITED
• 1 (905) 9075464
• homes@darylking.com

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