Listed for:Listed Aug 24, 2026
$2,499,000

116 Lee Avenue

Toronto (The Beaches), ON M4E 2P3

Semi-Detached House For Sale
Kim Karimi
Kim Karimi

Real Estate Broker

416-838-3031
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Sale & Price History for 116 Lee Avenue, Toronto, The Beaches

No listing history available

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About 116 Lee Avenue, Toronto, The Beaches

Summarized Description

  • Custom built luxury home in The Beaches.
  • Fully renovated with premium finishes throughout.
  • Open concept design with spacious living areas.
  • Luxurious primary retreat with spa-inspired ensuite.
  • Finished lower level ideal for in-law suite.
  • High-end kitchen with Thermador appliances.
  • Beautiful landscaped backyard with covered deck.
  • Steps away from parks, schools, and transit.

Welcome to 116 Lee Avenue, an extraordinary custom 25ft wide residence in the heart of The Beaches, ideally located just steps to Queen Street & waterfront, completely redesigned & rebuilt by Denali Design Build. This exceptional 4+1 bedroom, 4 bathroom home offers approx 3,220 sqft. of total finished living space across three beautifully redesigned levels, showcasing exceptional craftsmanship, and premium finishes throughout. ** PARTY WALL SEVERED ON MAIN AND UPPER LEVEL (making it feel more like a detached home) finished independent of adjoining property. The open concept featuring a custom DJL Kitchens chef's kitchen with Taj Mahal Brazilian Quartzite countertops and backsplash, premium Thermador Professional appliances, an oversized waterfall island, and a custom butler's pantry w/ wet bar and bev fridge. Living features a custom entertainment wall and an impressive 8' x 8' trifold glass wall with Phantom screen, opening seamlessly to the covered rear deck and landscaped backyard. The second level offers four spacious bedrooms, including a luxurious primary retreat with a custom walk-in closet and spa-inspired 5-piece ensuite with heated floors, freestanding soaker tub, double vanity, and oversized glass rain shower. Professionally underpinned with nearly 8.5-foot ceilings, the finished lower level offers exceptional flexibility with a large recreation room, custom built-ins, wet bar, fifth bedroom, full bathroom, separate laundry room, and direct garage access-ideal for an in-law or nanny suite. No expense was spared, with extensive upgrades including European White Oak engineered hardwood flooring, custom millwork, floor to ceiling solid-core doors, designer lighting and fixtures, new electrical, plumbing, HVAC, Spray foam insulation, windows, roof, & waterproofing, 5 min to Boardwalk, parks, top-rated schools, cafes, restaurants, and transit, this is a rare opportunity to own a truly turnkey luxury home in one of Toronto's most sought-after neighbourhoods.

Key Facts & Features

Property Costs

Annual Property Tax Amount
$7,631
Land Transfer Tax Fee
$97,900

Basement Type
Finished, Separate Entrance

Interior Features

Laundry Level
Lower Level
Interior Extras
Other
Fireplace/Stove
Yes
Elevator
No

Exterior Features

Pool
None
Property Features
Beach, Fenced Yard, Hospital, Library, Park, Place Of Worship

Building

Building Type
Semi-Detached
Building Style
2-Storey

Construction

Exterior Finish
Other
Roof
Asphalt Shingle
Foundation Details
Concrete
Special Designation
Unknown

Lot

Lot Front
25.00 ft
Lot Depth
102.00 ft

Inclusions

Inclusions
All existing Thermador stainless steel appliances including built-in refrigerator, WIFI 6-burner gas range, built-in dishwasher, drawer microwave, custom hood fan, built-in beverage refrigerators (2), Whirlpool washer & dryer, all existing electric light fixtures, all existing, custom built-in cabinetry and entertainment units, custom butler's pantry, custom wet bar, garage key pin pad, central air conditioning (CAC), Goodman gas furnace, HRV system, hot water recirculation system, natural gas BBQ hookup, Phantom screen system, built-in closet organizers, HWT owned and all attached fixtures and permanent improvements

Parking & Garages

Garage Type
Built-In
Garage Spaces
1
Parking Spaces
1
Total Garage And Parking Spaces
2

Heating & Cooling

Heat Source
Gas
Heat Type
Forced Air
Air Conditioning
Central Air
Water
Municipal
Sewers
Sewer
Natural Gas
Yes
Hydro
Yes
Cable
Yes
Telephone
Yes

Bedrooms
4 + 1
Washrooms
4
Kitchens
1
Family / bonus room
Yes

Room sizes

  • Kitchen—
    Main level, Stainless Steel Appl, Breakfast Bar, Open Concept
  • Bedroom 2—
    Second level, Window, Double Closet, Pot Lights
  • Bedroom 5—
    Lower level, Window, Closet, Pot Lights
  • Living Room—
    Main level, Open Concept, Pot Lights, W/O To Yard
  • Bedroom 4—
    Second level, Double Closet, Pot Lights, Hardwood Floor
  • Recreation—
    Lower level, Wet Bar, Pot Lights, Electric Fireplace
  • Bedroom 3—
    Second level, Large Window, Double Closet, Pot Lights
  • Primary Bedroom—
    Second level, 5 Pc Ensuite, Sliding Doors, Heated Floor
  • Dining Room—
    Main level, Pantry, Wall Sconce Lighting, Wet Bar

Washrooms

  • 2-piece, Main
  • 5-piece, Second
  • 4-piece, Second
  • 3-piece, Lower

Municipality
Toronto
Neighbourhood
The Beaches
Main cross streets
Lee/Queen
Directions
Lee South of Williamson

MLS® number
E13707038
Data source
Toronto Regional Real Estate Board
Listed on
2026-08-24
Updated on
2026-10-15
Days on market
55 days
Possession type
Other
Co-op commission
2.5% + HST
Seller
Listed by
SAGE REAL ESTATE LIMITED

Home Market Value

Current home valuation for 116 Lee Avenue, Toronto, The Beaches, Toronto, ON. Listed for $2,499,000

HOMEH Estimate

?

$2,872,999

Estimated Sales Range

?

$1,723,799 - $4,022,199

HOMEH Estimate for 116 Lee Avenue, Toronto, The Beaches

Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.

$2,872,999Low confidence
Based on 3 comparable properties
− $373,999 (13%) below our estimate — Good deal!
See the full analysisFree Every recent nearby sale behind this number

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Mortgage Payment Calculator

Compare up to 4 down payment scenarios

$
Toronto, ON
Minimum Down Payment Required:20.0%

20% required for homes $1.5M or more

Minimum down payment

$499,800

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
$
%
$
%
$
%
$
+CMHC insurance
$0$0$0$0
=Total mortgage
$1,999,200$1,874,250$1,749,300$1,624,350
Amortization
Mortgage rate
%
%
%
%
Payment frequency
=Mortgage payment
$9,761monthly$9,151monthly$8,541monthly$7,931monthly
Are you a first time home buyer?

Land Transfer Tax

Provincial

$48,950

Municipal (Toronto)

$48,950

Total Land Transfer Tax

$97,900

Around this home

10/100Almost All Errands Require a Car
0/100Minimal Transit
0/100Not rated
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