Listed for:Listed Sep 14, 2026
$8,449,000

97 Lee Avenue

Toronto (The Beaches), ON M4E 2P2

Multiplex For Sale
Kim Karimi
Kim Karimi

Real Estate Broker

416-838-3031
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Sale & Price History for 97 Lee Avenue, Toronto, The Beaches

No listing history available

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*Sold prices and complete sale & price history are regulated data. Under the Trust in Real Estate Services Act, 2002 (TRESA) and the rules of the Real Estate Council of Ontario (RECO), and pursuant to the Multiple Listing Service® rules of the Canadian Real Estate Association (CREA) and the Toronto Regional Real Estate Board (TRREB), this information may be shown only to registered users who have agreed to the applicable terms of use (a Virtual Office Website, or "VOW," arrangement). HOMEH Inc., Brokerage therefore provides it to signed-in members only. Creating an account is free and takes under a minute.

About 97 Lee Avenue, Toronto, The Beaches

Summarized Description

  • Boutique living in the heart of the Beaches
  • 10 luxury suites with significant renovations
  • Meticulously upgraded with exposed brick features
  • Spacious lot with ample parking and storage
  • High demand for multi-level lofts and privacy
  • Steps away from Kew Gardens and boardwalk
  • Investment potential with higher rental income
  • Newest unit completed with luxury finishes

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.

Key Facts & Features

Property Costs

Annual Property Tax Amount
$22,203
Land Transfer Tax Fee
$449,890

Basement Type
Apartment

Interior Features

Interior Extras
None
Fireplace/Stove
Yes
Elevator
No

Exterior Features

Pool
None

Building

Building Type
Multiplex
Building Style
3-Storey

Construction

Exterior Finish
Brick
Roof
Membrane
Foundation Details
Concrete Block, Brick
Special Designation
Unknown

Lot

Lot Front
75.00 ft
Lot Depth
125.00 ft
Lot Size
75.00 x 125.00 Feet
Lot Size Code
75.00 x 125.00 Feet

Inclusions

Inclusions
10 fridges, 10 stoves, 6 dishwashers, 6 washers, 6 dryers, 2 coin operated washers, 2 coin operated dryers, elfs, window coverings, hot water tank.

Exclusions

Exclusions
Tenants Property.

Parking & Garages

Garage Type
None
Garage Spaces
0
Parking Spaces
10
Total Garage And Parking Spaces
10

Heating & Cooling

Heat Source
Electric
Heat Type
Baseboard
Air Conditioning
Wall Unit(s)
Water
Municipal
Sewers
Sewer

Bedrooms
9 + 8
Washrooms
11
Kitchens
10
Family / bonus room
Yes

Room sizes

  • Loft—
    Third level, Balcony, Fireplace, Hardwood Floor
  • Living Room—
    Main level, Hardwood Floor, Open Concept, Combined w/Dining
  • Kitchen—
    Main level, Renovated, Stainless Steel Appl, Breakfast Bar
  • Kitchen—
    Main level, Renovated, Stainless Steel Appl, Eat-in Kitchen
  • Loft—
    Third level, Fireplace, Balcony, Hardwood Floor
  • Bedroom 3—
    Second level, Hardwood Floor, Large Window, Closet
  • Bedroom 2—
    Second level, Hardwood Floor, Closet, Large Window
  • Living Room—
    Main level, Hardwood Floor, Bay Window, Open Concept
  • Office—
    Main level, B/I Closet, Window, Hardwood Floor
  • Bedroom—
    Second level, Hardwood Floor, Window, Closet
  • Bedroom 2—
    Second level, 3 Pc Ensuite, Walk-In Closet(s), W/O To Terrace
  • Bedroom—
    Second level, Hardwood Floor, Large Window, Closet

Washrooms

  • 4-piece, Second
  • 3-piece, Second
  • 4-piece, Lower

Area
Toronto E02
Municipality
Toronto
Neighbourhood
The Beaches
Main cross streets
Queen St. E & Lee Ave.
Zoning
Multi-Residential
Directions
Just North of Queen St. E & Lee Ave.

MLS® number
E13780770
Data source
Toronto Regional Real Estate Board
Listed on
2026-09-14
Updated on
2026-09-14
Days on market
32 days
Possession type
Flexible
Co-op commission
2 % + HST
Seller
Listed by
PROPERTY.CA INC.

Home Market Value

Current home valuation for 97 Lee Avenue, Toronto, The Beaches, Toronto, ON. Listed for $8,449,000

HOMEH Estimate

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Estimated Sales Range

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HOMEH Estimate for 97 Lee Avenue, Toronto, The Beaches

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

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Land Transfer Tax

Provincial

$197,700

Municipal (Toronto)

$252,190

Total Land Transfer Tax

$449,890

Around this home

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