NewFor Sale

97 Lee Avenue
Toronto E02, Toronto, ON, M4E 2P2

Investment
TRREB
MLS® Number: E13436052
$8,474,000List Price
InvestmentProperty Type
11,232 sq ftSize
$22,203.33 / 2025Taxes (Annual)
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Listing History

Buy/sell history for 97 Lee Avenue, Toronto E02, ON M4E 2P2

0 Transactions by CPRB Agents

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Description

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.

Features

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Amenities

No amenities available

Summary

Tax (Annual):$22,203.33 / 2025
Listing #:E13436052
Property Type:Investment
Size:11,232 sq ft
Land Size:75 x 125
Days on CPRB:
Garage:None
Locker:None
On CPRB Since:
Listing Brokerage:PROPERTY.CA INC.

Rooms

Details

Property

Property Type:Investment
Community:The Beaches
Municipality:Toronto

Building

Size:11,232 sq ft

Inside

Bedrooms:0
Bathrooms:11
Kitchens:0
Rooms:0
Family Room:No

Parking

Garage Type:None
Garage Spaces:0
Total Parking Spaces:0

Utilities

Cooling:Yes
Heating Type:Baseboard
Utility Sewer:Storm

Land

Cross Street:Queen St. E & Lee Ave.

$8,474,000

List price

97 Lee Avenue, Toronto E02 – Investment for sale · MLS® # E13436052 | CPRB