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$8,499,000
Available - For Sale
Listing ID: E9372819
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.
Price $8,499,000
Taxes: $22,203.33
Address: 97 Lee Ave , Toronto, M4E 2P2, Ontario
Lot Size: 75 x 125 (Feet)
Directions/Cross Streets: Queen St. E & Lee Ave.
Rooms: 43
Bedrooms: 9
Bedrooms +: 8
Washrooms: 11
Kitchens: 9
Kitchens +: 1
Family Room: Y
Basement: Apartment
  Level/Floor Room Length(ft) Width(ft) Descriptions
Room 1: Main Kitchen 12.63 7.97 Renovated, Stainless Steel Appl, Eat-In Kitchen
Room 2: Main Living 29.78 16.30 Hardwood Floor, Bay Window, Open Concept
Room 3: Main Office 8.99 6.79 B/I Closet, Window, Hardwood Floor
Room 4: 2nd Br 13.28 10.20 Hardwood Floor, Window, Closet
Room 5: 2nd 2nd Br 12.20 8.99 3 Pc Ensuite, W/I Closet, W/O To Terrace
Room 6: 2nd 3rd Br 12.04 8.99 Hardwood Floor, Large Window, Closet
Room 7: 3rd Loft 12.14 11.91 Fireplace, Balcony, Hardwood Floor
Room 8: Main Kitchen 12.63 7.81 Renovated, Stainless Steel Appl, Breakfast Bar
Room 9: Main Living 21.55 12.63 Hardwood Floor, Open Concept, Combined W/Dining
Room 10: 2nd Br 13.45 8.89 Hardwood Floor, Large Window, Closet
Room 11: 2nd 2nd Br 11.22 8.89 Hardwood Floor, Closet, Large Window
Room 12: 3rd Loft 13.42 13.15 Balcony, Fireplace, Hardwood Floor
No. of Pieces Level
Washroom 1:  4 2nd
Washroom 2:  3 2nd
Washroom 3:  4 Lower
Property Type: Multiplex
Style: 3-Storey
Exterior: Brick
Garage Type: None
(Parking/)Drive: Private
Drive Parking Spaces: 10
Pool: None
Fireplace/Stove: Y
Heat Source: Electric
Heat Type: Baseboard
Central Air Conditioning: Wall Unit
Elevator Lift: N
Sewers: Sewers
Water: Municipal
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FOREST HILL REAL ESTATE INC.

97 Lee Ave , Toronto, M4E 2P2, Ontario


 
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At a Glance:
Type: Freehold - Multiplex
Area: Toronto
Municipality: Toronto
Neighbourhood: The Beaches
Style: 3-Storey
Lot Size: 75.00 x 125.00(Feet)
Approximate Age:
Tax: $22,203.33
Maintenance Fee: $0
Beds: 9+8
Baths: 11
Garage: 0
Fireplace: Y
Air Conditioning:
Pool: None
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