$8,298,950.00

97 LEE AVENUE, Toronto, Ontario, M4E2P2, Canada Listing ID: E8481616
view my favourites
photo 1 / 39
Bathrooms Bedrooms Property Type
11 Multi-family

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.

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. (id:31565)

Paul McDonald, Sales Representative
Paul McDonald is no stranger to the Toronto real estate market. With over 21 years experience and having dealt with every aspect of the business from simple house purchases to condo developments, you can feel confident in his ability to get the job done.
Book appointment/showing: 97 LEE AVENUE (E8481616)
Additional Information
Amenity Near By Public Transit, Recreation
Features
Maintenance Fee
Maintenance Fee Payment Unit
Management Company
Ownership
Parking
Transaction For sale
Building
Bathroom Total 11
Appliances Dishwasher, Dryer, Refrigerator, Stove, Two Washers, Two stoves, Washer, Window Coverings
Cooling Type Fully air conditioned
Fireplace Present
Heating Type Baseboard heaters
Size Interior 11232 sqft
Type Multi-Family
Utility Water Municipal water
TOP