9 Beds 11 Bath

97 Lee Avenue, Toronto, ON M4E 2P2

Toronto E02 M4E 2P2 Ontario

MLS: E12009935

$8,599,000

Added 82 days ago | For Sale

Listed by: PROPERTY.CA INC.

About Property

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 that is almost complete. Suite 10 is also now vacant!

Features

  • House Style:Multiplex
  • Bathrooms:11
  • Land Size: 75 X 125
  • Water:Municipal
  • Garage Spaces: /None
  • Driveway:
  • Heating Fuel:Electric
  • Cross Street:Queen St. E & Lee Ave.
  • Basement:Apartment , Apartment
  • Possession Date:TBD.
  • Annual Property taxes: $22203.33
  • Bedrooms:9 +8
  • Total Parking Spaces:10
  • Parking Places:10
  • Heating Type:Baseboard
  • Pool Type:None
  • Exterior:
  • Direction Facing:West
  • Front Footage:
  • Listing ID:E12009935

Level Type Features Dimensions
Main Kitchen Renovated, Stainless Steel Appl, Eat-in Kitchen 12 ft, 8 in x 8 ft
Living Room Hardwood Floor, Bay Window, Open Concept 29 ft, 9 in x 16 ft, 4 in
Office B/I Closet, Window, Hardwood Floor 9 ft x 6 ft, 9 in
Kitchen Renovated, Stainless Steel Appl, Breakfast Bar 12 ft, 8 in x 7 ft, 10 in
Living Room Hardwood Floor, Open Concept, Combined w/Dining 21 ft, 7 in x 12 ft, 8 in
Second Bedroom Hardwood Floor, Window, Closet 13 ft, 3 in x 10 ft, 2 in
Bedroom 2 3 Pc Ensuite, Walk-In Closet(s), W/O To Terrace 12 ft, 2 in x 9 ft
Bedroom 3 Hardwood Floor, Large Window, Closet 12 ft x 9 ft
Bedroom Hardwood Floor, Large Window, Closet 13 ft, 5 in x 8 ft, 11 in
Bedroom 2 Hardwood Floor, Closet, Large Window 11 ft, 3 in x 8 ft, 11 in
Third Loft Fireplace, Balcony, Hardwood Floor 12 ft, 2 in x 11 ft, 11 in
Loft Balcony, Fireplace, Hardwood Floor 13 ft, 5 in x 13 ft, 2 in

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