97 Lee Ave, Toronto E02 The Beaches
Cashback ~$108,738
$8,699,000

97 Lee Ave, Toronto E02 The Beaches

Multiplex
Property type
9
Bedrooms
11
Bathrooms
The Beaches
Community name

Property details

Status
Active
Building type
3-Storey
Roof
Membrane
A/C
Wall Unit
Heating
Baseboard
Foundation
Concrete Block,Brick
Pool
None
Lot size
75.00 X 125.00
Construction
Brick
Parking spaces
10
Updated on
2025-02-13, 11:24 a.m.
MLS® number
E11943898

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 (2021-23). 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** Suites 1,3,4,8 were completely remodeled to luxury status (2021/23). Suite 6 is vacant presenting a unique rear Suite with private entrance that is expected to boost ROI post a luxury renovation. Suite 10 is also now vacant!


$108,738 for this home
Justo provides you half of the agent’s commission on the sale.
Client Ambassador - Basma Ishaq

Here for your questions

Client Ambassador • Carolina Penuela
or call us at (315) 636-6522

Listed by: PROPERTY.CA INC.

Note: All the listing related information herein is deemed reliable but not guaranteed accurate by TRREB®, CREB® or MLS®. It is from sources deemed reliable, but should not be relied upon without independent verification.