$8,474,000
97 Lee Ave
Toronto E02, ON M4E 2P2
97 Lee Ave, Toronto E02 — Listed at $8,474,000, 11 bathroom Investment. MLS® E13436052.
Possession · seller's timeline
Flexible
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.
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Business Details
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Listing Courtesy of: PROPERTY.CA INC.
MLS® #E13436052
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HouseIndex Take: 97 Lee Avenue
This investment is located in the The Beaches neighbourhood of Toronto.
The home offers 11 bathrooms.
Additional details: lot dimensions of 75 × 125 feet.
Listed at $8,474,000 CAD with annual property taxes of $22,203.33 (2025).
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About Toronto Real Estate
This Investment is located in the The Beaches community in Toronto. Toronto is Canada's largest city and the economic hub of the Greater Toronto Area. With world-class transit, diverse neighbourhoods from the Annex to Scarborough, and proximity to major employers in the Financial District, it remains the most sought-after real estate market in Ontario. Buyers benefit from extensive GO Transit and TTC subway connectivity.