97 Lee Avenue, Toronto,
Ontario
For Sale — $8,690,000
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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. **** 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.
Details
Property
97 Lee AvenueToronto, Ontario, Canada
3-Storey
Brick
75X125 Feet
E8287530
Listing provided by
Forest Hill Real Estate Inc., Brokerage
April 30, 2024
April 30, 2024
Financial
For Sale$8,690,000
$21,543 (2023)
Utilities
NoElectric
Baseboard
Municipal
Sewers
Rooms
9+811
43
Apartment
Parking
10.0Private
None
Rooms
| Floor | Rooms | Dimensions | Description |
|---|---|---|---|
| Main | Kitchen | 3.85 x 2.43 | Renovated,Stainless Steel Appl,Eat-In Kitchen |
| Main | Living | 9.08 x 4.97 | Hardwood Floor,Bay Window,Open Concept |
| Main | Office | 2.74 x 2.07 | B/I Closet,Window,Hardwood Floor |
| 2nd | Br | 4.05 x 3.11 | Hardwood Floor,Window,Closet |
| 2nd | 2nd Br | 3.72 x 2.74 | 3 Pc Ensuite,W/I Closet,W/O To Terrace |
| 2nd | 3rd Br | 3.67 x 2.74 | Hardwood Floor,Large Window,Closet |
| 3rd | Loft | 3.70 x 3.63 | Fireplace,Balcony,Hardwood Floor |
| Main | Kitchen | 3.85 x 2.38 | Renovated,Stainless Steel Appl,Breakfast Bar |
| Main | Living | 6.57 x 3.85 | Hardwood Floor,Open Concept,Combined W/Dining |
| 2nd | Br | 4.10 x 2.71 | Hardwood Floor,Large Window,Closet |
| 2nd | 2nd Br | 3.42 x 2.71 | Hardwood Floor,Closet,Large Window |
| 3rd | Loft | 4.09 x 4.01 | Balcony,Fireplace,Hardwood Floor |
| 2nd | Bathroom | — | 6x4-piece |
| 2nd | Bathroom | — | 1x3-piece |
| Lower | Bathroom | — | 4x4-piece |
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✓ Fitness
✓ Pools
✓ Tennis Courts
✓ Ice Rinks
✓ Salon / Spa
✓ Banks
✓ Dry Cleaners
✓ Car Wash
✓ Attractions
✓ Places of Worship
✓ Medical Clinics
✓ Recreation Centres
✓ Secondary Schools
✓ Day Care
✓ Hospitals
✓ Doctors
✓ Dentists
✓ Veterinarians
✓ Pharmacies
✓ Cinemas
✓ Restaurants
✓ Grocery Stores
✓ Liquor, Beer & Wine
✓ Fitness
✓ Pools
✓ Tennis Courts
✓ Ice Rinks
✓ Salon / Spa
✓ Banks
✓ Dry Cleaners
✓ Car Wash
✓ Attractions
✓ Places of Worship
✓ Medical Clinics
✓ Recreation Centres
Market Statistics
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The information contained on this site is based in whole or in part on information that is provided by members of The Canadian Real Estate Association, who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members and assumes no responsibility for its accuracy.
This website is operated by a brokerage or salesperson who is a member of The Canadian Real Estate Association.
The listing content on this website is protected by copyright and other laws, and is intended solely for the private, non-commercial use by individuals. Any other reproduction, distribution or use of the content, in whole or in part, is specifically forbidden. The prohibited uses include commercial use, "screen scraping", "database scraping", and any other activity intended to collect, store, reorganize or manipulate data on the pages produced by or displayed on this website.
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