ON > Toronto E02
Toronto E02, ON M4E 2P2,97 Lee AVE
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Toronto E02, ON M4E 2P2,97 Lee AVE
Toronto E02, ON M4E 2P2,97 Lee AVE
Toronto E02, ON M4E 2P2,97 Lee AVE
Toronto E02, ON M4E 2P2,97 Lee AVE
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Jeff Somlo

Jeff Somlo

+1(647) 998-3693
$ 8,749,000
Est. payment /mo
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97 Lee AVE Toronto E02, ON M4E 2P2

17 Beds

11 Baths

UPDATED:

12/02/2024 08:59 PM

Key Details

Property Type Multi-Family

Sub Type Multiplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID E11823789

Style 3-Storey

Bedrooms 17

Annual Tax Amount $22,203

Tax Year 2024

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 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.

Location

Province ON

County Toronto

Community The Beaches

Area Toronto

Zoning Multi-Residential

Region The Beaches

City Region The Beaches

Rooms

Family Room Yes

Basement Apartment

Kitchen 10

Separate Den/Office 8

Interior

Interior Features None

Cooling Wall Unit(s)

Inclusions 10 fridges, 10 stoves, 4 dishwashers, 4 washers, 4 dryers, 2 coin operated washers, 2 coin operated dryers, elfs, window coverings, hot water tank

Exterior

Parking Features Private

Garage Spaces 10.0

Pool None

Roof Type Membrane

Total Parking Spaces 10

Building

Foundation Concrete Block, Brick

Listed by PROPERTY.CA INC.
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97 Lee AVE