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Listed by Forest Hill Real Estate Inc..
97 Lee Avenue is a Multiplex, 3-Storey and is currently for Sale @ $8,690,000. Taxes in 2023 were $21,542.80.
More homes for sale under 8.7M in Toronto
Boutique living redefined in the heart of the Beaches. The 3-Storey on 97 Lee Avenue has 9 bedrooms, 11 bathrooms, and is located on a 125.00 x 75.00 ft lot in the community 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.
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.
The address 97 Lee Avenue was listed for sale (MLS# E8287530) on Tuesday, April 30, 2024.
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| List Date | List Price | Last Status | Sold Date | Sold Price | Days On Market |
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| 0000-00-00 | $00000 | Sld | N/A | N/A | |
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| 0000-00-00 | $00000 | Ter | N/A | N/A | N/A |
| 0000-00-00 | $00000 | Sld | Oct 26, 2020 | $4,665,000 | |
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| 0000-00-00 | $00000 | Sus | N/A | N/A | N/A |
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9+8
9+8
75.00 x 125.00 ft lot
