97 Lee Ave Toronto, ON M4E 2P2
Listing Courtesy of: TORONTO IDX / Forest Hill Real Estate Inc.

  97 Lee Ave Toronto, ON M4E 2P2

Active
$8,398,950
17
BED
11
BATH

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.

MLS®:
E8426156
Taxes
$22,203(2024)
Type
Multifamily
Style
3-Storey
County
Toronto
Community
The Beaches

Listed By

Forest Hill Real Estate Inc.
Source
TORONTO IDX
Last checked Jun 20 2024 at 1:01 AM GMT+0000
Bathroom Details
Interior Features
  • 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.
  • 4
  • 3
  • 1
Kitchen
  • Eat-In Kitchen
  • Stainless Steel Appl
  • Renovated
Property Features
  • Fireplace: Fireplace
Heating and Cooling
  • Baseboard
  • Wall Unit
Basement Information
  • Apartment
Exterior Features
  • Brick
Utility Information
  • Sewer: Sewers
  • Fuel: Electric
Garage
  • None
Location
   
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Disclaimer: Copyright 2024 Toronto IDX. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 6/19/24 18:01