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Active
MLS® E12685396

97 Lee Ave

Toronto E02, ON M4E 2P2

$8,499,000

Bathrooms

11

Type

Investment

Taxes (2025)

$22,203.33

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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.

Price & Status History

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Property Details

Property TypeInvestment
CommunityThe Beaches
Washrooms11
Lot Dimensions75 × 125 ft
Dir/Cross StQueen St. E & Lee Ave.
Garage TypeNone
Heating TypeBaseboard
A/CYes
SewersStorm
Taxes (2025)$22,203.33
HSTIn Addition To
Listed Date1/12/2026
Days on Market129 days
PossessionFlexible
Vick Yogeswaran - REALTOR

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MLS® #E12685396

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