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Multiplex for sale at 97 Lee Avenue, Toronto E02 - 17 bedroom, 11 bathroom - Photo 1 of 50
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$8,449,000

97 Lee Ave

Toronto E02, ON M4E 2P2

97 Lee Ave, Toronto E02Listed at $8,449,000. 17 bedroom, 11 bathroom 3-Storey Multiplex. MLS® E13780770.

New this week

Possession · seller's timeline

Flexible

17Beds
11Baths
5000 +sqft
Multiplex
3-Storey
10Parking
$22,203.33Taxes/yr · 2026

What's this home worth?

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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.

Property Details

Property TypeMultiplex
Style3-Storey
CommunityThe Beaches
Rooms43
Kitchens10
Washrooms11
Square Feet5000 + sqft
Lot Dimensions75 × 125 ft
Fronting OnWest
Dir/Cross StQueen St. E & Lee Ave.
Garage TypeNone
DrivePrivate
Parking Drive Spaces10
Total Parking Spaces10
ExteriorBrick
RoofMembrane
FoundationConcrete Block, Brick
BasementApartment
Fireplace FeaturesYes
Heating TypeBaseboard
Heating SourceElectric
A/CWall Unit(s)
SewersSewer
Taxes (2026)$22,203.33
HSTIn Addition To
Listed Date9/14/2026
Days on Market6 days
PossessionFlexible
Same-day showings available
5.0Rated 5 stars on Google ReviewsWhatsApp Us About This Listing

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Listing Courtesy of: PROPERTY.CA INC.

MLS® #E13780770

TRREBMLS®

The listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The listing data is deemed reliable but is not guaranteed accurate by TRREB. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

© 2026 Toronto Regional Real Estate Board. All rights reserved.

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HouseIndex Take: 97 Lee Avenue

This multiplex (3-Storey) is located in the The Beaches neighbourhood of Toronto.

The home offers 17+8 bedrooms, 11 bathrooms.

Features include a apartment basement, 10 parking spaces, a fireplace.

Additional details: lot dimensions of 75 × 125 feet.

Listed at $8,449,000 CAD with annual property taxes of $22,203.33 (2026).

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About Toronto Real Estate

This Multiplex 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.

TTC subway & streetcar networkWorld-class dining & entertainmentUniversity of Toronto & major hospitals nearbyWaterfront trails & ravine parks
Walkability: Highly walkable — many neighbourhoods score 80+ on Walk Score
View full Toronto neighbourhood guide →