$8,398,950

97 Lee Ave

The Beaches, Toronto, Ontario, M4E 2P2

| 11  | 10  | sq.ft. |
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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.

Property Info
MLS®: E8426160
Listing Courtesy of FOREST HILL REAL ESTATE INC.
Total Bedrooms 0
Total Bathrooms 11
Basement Y
Floor Space 0 sq.ft.
Lot Size 9375 sq.ft.
Style other
Last Updated 2024-06-11 6:14:31
Property Type Investment
Listed Price $8,398,950
Unit Pricing $8,398,950/sq.ft.
Strata Fee $0.00
Tax Estimate $22,203/Year
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