97 LEE AVENUE, Toronto, Ontario

$8,499,000

17 Beds
11 Baths

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. (id:56241)

Listing ID: E9372819
Property Type: Multi-family

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Rooms

Level	Type	Dimensions
Bedroom 2	Second level	3.42 m x 2.71 m
Bedroom	Second level	4.05 m x 3.11 m
Bedroom 2	Second level	3.72 m x 2.74 m
Bedroom 3	Second level	3.67 m x 2.74 m
Bedroom	Second level	4.1 m x 2.71 m
Loft	Third level	4.09 m x 4.01 m
Loft	Third level	3.7 m x 3.63 m
Kitchen	Main level	3.85 m x 2.43 m
Living room	Main level	9.08 m x 4.97 m
Office	Main level	2.74 m x 2.07 m
Kitchen	Main level	3.85 m x 2.38 m
Living room	Main level	6.57 m x 3.85 m

Details

Parking Spaces: 10
Transaction: For sale
Zoning Description: Multi-Residential

Building

Appliances: Dishwasher, Dryer, Refrigerator, Stove, Washer, Window Coverings
BasementType: N/A
Basement Features: Apartment in basement
Bedrooms Main Level: 9
Bedrooms Lower Level: 8
Cooling: Wall unit
Exterior Finish: Brick
Fireplace Present: True
Flooring: Hardwood
Foundation: Block, Brick
Bathrooms (Total): 11
Heating: Baseboard heaters
Heating Fuel: Electric
Stories Total: 3
Type: Other
Utility Water: Municipal water

Land

Sewer: Sanitary sewer
Size Frontage: 75 ft
Size Irregular: 75 x 125 FT

Listing provided by FOREST HILL REAL ESTATE INC.
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This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 97 LEE AVENUE in Toronto Ontario. It was last modified on September 29th, 2024. Contact us to schedule a viewing or to discover other Toronto real estate for sale.

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