For Sale

97 Lee Avenue, Toronto (The Beaches), Ontario M4E2P2

$8,499,000

97 Lee Avenue, Toronto (The Beaches), Ontario M4E2P2 is For Sale and has a listing price of 8,499,000. The property is located in the The Beaches neighbourhood. It's been on the website for 52 Days.

  • Multi-family
    Property Type
  • Multi-family
    Building Type
  • 11
    Bathrooms
  • 10
    Parking Spaces
  • MLS ID: E9372826
  • Office Name FOREST HILL REAL ESTATE INC.
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 75×125 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. **** EXTRAS **** 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:43137)

Property Details
  • MLS ID: E9372826
  • Bathrooms: 11
  • Price: $8,499,000
  • Transaction Types: For Sale
  • Ref ID: 27480256
  • Year Built: N/A
  • Building Type: Multi-family
  • Property Type: Multi-family
  • Property Type: All Houses
  • Property Sub Category: All Houses
Price History
List Date MLS ID List Price Status End Date Closed Price
09/29/2024 E9372826 $8,499,000 For Sale - -
09/29/2024 E9372819 $8,499,000 For Sale - -
07/29/2024 E9229593 $7,999,995 For Sale - -
07/29/2024 E9229592 $7,999,995 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
The Beaches
  • $1,811,864 Average List Price
    based on 1 year
  • 47 New Listings
    based on 30 days
  • 36 Median Days on Market
    based on 1 year
  • List vs. Selling Price 1.2 % Below
  • Sold (12mo) 201
  • Rented (12mo) 206

  • 1 Month Change +22.1%
  • 3 Month Change +27.6%
  • 6 Month Change -68.1%
Walkscore
  • 97 Walk Score
    Walker's Paradise
  • 68 Transit Score
    Good Transit
  • 88 Bike Score
    Very Bikeable
Property Type Distribution
  • All Houses
    67.62%
  • Commercial
    9.15%
  • Condo
    23.23%
Additional Details
  • Sewers Storm Sewer
  • Heating System Baseboard Heaters
  • Water Municipal Water
  • Cooling System Fully Air Conditioned
  • Total Parking Spaces: 10
  • Fireplace False
  • Taxes: N/A
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Listing Entry Date: 29/09/2024 00:00:00
  • Zoning Rm3
  • Agent Name: LEONARD FRIDMAN
  • Last Updated: 11/11/2024 17:59:06
Open House Dates
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