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97 Lee Avenue Toronto (The Beaches), Ontario M4E 2P2

17 Bedroom 11 Bathroom
Fireplace Wall Unit Baseboard Heaters

$8,299,000

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 has provided N11. (id:35492)

Property Details

MLS® Number E9372819
Property Type Multi-family
Community Name The Beaches
Parking Space Total 10

Building

Bathroom Total 11
Bedrooms Above Ground 9
Bedrooms Below Ground 8
Bedrooms Total 17
Appliances Dishwasher, Dryer, Refrigerator, Stove, Washer, Window Coverings
Basement Features Apartment In Basement
Basement Type N/a
Cooling Type Wall Unit
Exterior Finish Brick
Fireplace Present Yes
Flooring Type Hardwood
Foundation Type Block, Brick
Heating Fuel Electric
Heating Type Baseboard Heaters
Stories Total 3
Type Other
Utility Water Municipal Water

Land

Acreage No
Sewer Sanitary Sewer
Size Depth 125 Ft
Size Frontage 75 Ft
Size Irregular 75 X 125 Ft
Size Total Text 75 X 125 Ft
Zoning Description Multi-residential

Rooms

Level Type Dimensions
Second Level Bedroom 2 3.42 m x 2.71 m
Second Level Bedroom 4.05 m x 3.11 m
Second Level Bedroom 2 3.72 m x 2.74 m
Second Level Bedroom 3 3.67 m x 2.74 m
Second Level Bedroom 4.1 m x 2.71 m
Third Level Loft 4.09 m x 4.01 m
Third Level Loft 3.7 m x 3.63 m
Main Level Kitchen 3.85 m x 2.43 m
Main Level Living Room 9.08 m x 4.97 m
Main Level Office 2.74 m x 2.07 m
Main Level Kitchen 3.85 m x 2.38 m
Main Level Living Room 6.57 m x 3.85 m

https://www.realtor.ca/real-estate/27480255/97-lee-avenue-toronto-the-beaches-the-beaches

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Leonard Fridman
Broker

(416) 363-3473

Forest Hill Real Estate Inc.
235 Clinton Street
Toronto, Ontario M6G 2Y4

(416) 363-3473

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