97 Lee Avenue, The Beaches in Toronto, ON
This is a Multi-family Listing with an Apartment in basement basement.
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97 Lee Avenue, The Beaches in Toronto
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. (id:6289)
$8,690,000
97 Lee Avenue, Toronto, Ontario
Essential Information
- MLS® #E8287530
- Price$8,690,000
- Bedrooms17
- Bathrooms11.00
- Acres0.00
- TypeMulti-family
- Days on Website18
Amenities
- Parking Spaces10
Exterior
- ExteriorBrick
- Lot Description75 x 125 FT
- FoundationBlock, Brick
Community Information
- Address97 Lee Avenue
- SubdivisionThe Beaches
- CityToronto
- Postal CodeM4E2P2
Interior
- AppliancesDishwasher, Dryer, Refrigerator, Stove, Two Washers, Two stoves, Washer, Window Coverings
- HeatingElectric Baseboard heaters
- CoolingWall unit
- BasementApartment in basement
- FireplaceYes
- # of Stories3
Listing Details
- Listing OfficeFOREST HILL REAL ESTATE INC.