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$8,449,000

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97 Lee Avenue

The Beaches, Toronto, Ontario M4E2P2

For sale· Added

9+8 bed11 bath5,000–100,000 sqft

About this home

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.

Location

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Property details

Listing

MLS® number
E13780770
Added
Sep 14, 2026 ()
Updated
Sep 14, 2026 ()
Info refreshed

Overview

Property type
Multi-family
Building type
Other
Storeys
3

Inside

Bedrooms
9+8
Bathrooms
11
Heating
Baseboard heaters, Electric
Cooling
Wall unit
Fireplace
Yes
Flooring
Hardwood
Appliances
Washer, Refrigerator, Dishwasher, Stove, Dryer, Window Coverings, Water Heater

Building

Basement
Apartment in basement
Exterior
Brick
Foundation
Block, Brick
Parking
No Garage · 10 spaces

Land

Lot size
75 x 125 ft
Zoning
Multi-Residential

Services

Water
Municipal water
Sewer
Sanitary sewer

Location

Cross streets
Queen St. E & Lee Ave
Directions
Just North of Queen St. E & Lee Ave.

Running costs

Annual property tax
$22,203

Rooms

KitchenMain level3.85 x 2.43 m
Bedroom 2Second level3.42 x 2.71 m
LoftThird level4.09 x 4.01 m
Living roomMain level9.08 x 4.97 m
OfficeMain level2.74 x 2.07 m
BedroomSecond level4.05 x 3.11 m
Bedroom 2Second level3.72 x 2.74 m
Bedroom 3Second level3.67 x 2.74 m
LoftThird level3.7 x 3.63 m
KitchenMain level3.85 x 2.38 m
Living roomMain level6.57 x 3.85 m
BedroomSecond level4.1 x 2.71 m

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$8,449,000
97 Lee Avenue
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