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97 Lee Avenue, Toronto, ON M4E 2P2

Toronto E02, ON, M4E 2P2 · The Beaches

11 Baths
Sq Ft
10 Parking
Investment Type
E13436052 MLS#

About this 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 (2021-25). 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 & Amenities

  • Garage: None
  • Cooling: Yes
  • Heat Type: Baseboard
  • Sewer: Storm

Property Details

Property Type Commercial
Property Sub-Type Investment
Bathrooms 11
Garage None
Parking Spaces 10
Heat Type Baseboard
Cooling Yes
Sewer Storm
Annual Tax $22,203
Tax Year 2025

Building & Construction

Building Area Total
11232

Heating & Cooling

Heat Type
Baseboard
Cooling
Yes
Cooling
Yes
Heating
Yes

Parking & Garage

Garage Type
None
Parking Spaces
10

Lot & Land

Lot Size Units
Feet
Lot Depth
125.00
Lot Width
75.00

Community & Neighborhood

Community Features
Public Transit, Recreation/Community Centre

Financial & Tax

Tax Annual Amount
$22,203
Tax Year
2025
Possession Type
Flexible
Possession Details
Flexible

Utilities & Services

Sewer
Storm
Utilities
Yes

Room Details

Rooms Total
0

Additional Details

Occupant Type
Tenant
County Or Parish
Toronto
Cross Street
Queen St. E & Lee Ave.
Directions
Just North of Queen St. E & Lee Ave.
Showing Requirements
See Brokerage Remarks

Location

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

Listing courtesy of PROPERTY.CA INC.
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