$ 8,499,000
97 Lee AVE Toronto E02, ON M4E 2P2
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$ 8,499,000
Est. payment | /mo
9 Beds
11 Baths
$ 8,499,000
Est. payment | /mo
9 Beds
11 Baths
Key Details
Property Type Multi-Family
Sub Type Multiplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID E9372819
Style 3-Storey
Bedrooms 9
Annual Tax Amount $22,203
Tax Year 2024
Property 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 (2021-23). 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.
Location
Province ON
County Toronto
Area The Beaches
Rooms
Family Room Yes
Basement Apartment
Kitchen 10
Separate Den/Office 8
Interior
Interior Features None
Heating Yes
Cooling Wall Unit(s)
Fireplace Yes
Heat Source Electric
Exterior
Garage Private
Garage Spaces 10.0
Pool None
Waterfront No
Roof Type Membrane
Parking Type None
Total Parking Spaces 10
Building
Foundation Concrete Block, Brick
Listed by FOREST HILL REAL ESTATE INC.
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