97 Lee Avenue, Toronto | Image 1

97 Lee Avenue

Toronto, The Beaches

  • 9 bed 11 bath
$8,398,950 est.*: $28,452/mo
For Sale

Added 5 days ago

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  • Type: Multiplex

  • Style: 3-Storey

  • Lot Size: 75 x 125 Feet

  • Age: No Data

  • Taxes: $22,203 per year

  • Added: Jun 11, 2024 (5 days ago)

  • Updated:

  • Last Checked: 15 minutes ago

  • MLS®#: E8426156

  • Listed By: Forest hill real estate inc.

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

1,3,4,8 were completely remodeled to luxury status (2021-2023). Suite 6 & 10 have provided N11 forms and will be moving out soon presenting a unique rear Suite with private entrance that is expected to boost ROI post a luxury renovation.

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Property

  • Status: Sale

  • Property Type: Multiplex

  • Style: 3-Storey

  • Area: Toronto

  • Community: The Beaches

  • Availability Date: TBD.

Inside

  • Bedrooms: 9

  • Bedrooms Plus: 8

  • Bathrooms: 11

  • Kitchens: 9

  • Kitchens Plus: 1

  • Rooms: 43

  • Den/Family Room: Yes

  • Air Conditioning: Wall Unit

  • Fireplace: Yes

  • Washrooms: 11

Building

  • Basement: Apartment

  • Heat Type: Baseboard

  • Heat Source: Electric

  • Exterior: Brick

  • Elevator: N

  • Energy Certificate: N

  • Green Verification Status: N

  • Water Supply: Municipal

  • Special Designation: Unknown

  • Retirement: N

Parking

  • Driveway: Private

  • Garage Type: None

  • Covered Parking Spaces: 10

  • Total Parking Spaces: 10

Fees

  • Tax Year: 2024

  • Tax Legal Description: Plan M238 Lots 140 To 141 Pt Lot 139

  • Taxes: $22,203

Land

  • Cross Street: Queen St. E & Lee Av

  • Municipality District: Toronto E02

  • Fronting On: West

  • Pool: None

  • Sewer: Sewers

  • Lot Depth: 125 Feet

  • Lot Frontage: 75 Feet

  • Zoning: Multi-Residentia

Rooms

Room details for 97 Lee Avenue, Toronto

Type Dimensions
Kitchen Main 2.43 x 3.85
Living Main 4.97 x 9.08
Office Main 2.07 x 2.74
Br 2nd 3.11 x 4.05
2nd Br 2nd 2.74 x 3.72
3rd Br 2nd 2.74 x 3.67
Loft 3rd 3.63 x 3.70
Kitchen Main 2.38 x 3.85
Living Main 3.85 x 6.57
Br 2nd 2.71 x 4.10
2nd Br 2nd 2.71 x 3.42
Loft 3rd 4.01 x 4.09
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Walker's Paradise

  • Daily errands do not require a car.
93 /100

Good Transit

  • Some errands can be accomplished by public transportation.
68 /100

Very Bikeable

  • Most errands can be accomplished on bike.
88 /100
JK-6

Norway Junior Public School

Elementary: Public
0.89 km
JK-8

St Denis Catholic School

Elementary: Catholic
0.69 km
JK-6

Balmy Beach Community School

Elementary: Public
0.89 km
7-8

Glen Ames Senior Public School

Elementary: Public
0.35 km
JK-6

Kew Beach Junior Public School

Elementary: Public
0.47 km
JK-6

Williamson Road Junior Public School

Elementary: Public
0.37 km
9-12

Greenwood Secondary School

Secondary: Public
2.83 km
9-12

Notre Dame Catholic High School

Secondary: Catholic
1.17 km
9-12

St Patrick Catholic Secondary School

Secondary: Catholic
2.56 km
Pre-Grade 9-12

Monarch Park Collegiate Institute

Secondary: Public
2.22 km
9-12

Neil McNeil High School

Secondary: Catholic
1.50 km
9-12

Malvern Collegiate Institute

Secondary: Public
1.38 km
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