97 LEE AVENUE Active

Toronto (the Beaches),ON M4E2P2

$ 8499000

17 Beds

11 Baths

0 SqFt


Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Subdivision The Beaches

MLS Listing ID E9372819

Bedrooms 17

Originating Board Toronto Regional Real Estate Board

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. **** EXTRAS **** Suites 1,3,4,8 were completely remodeled to luxury status (2021/23). Suite 6 is vacant presenting a unique rear Suite with private entrance that is expected to boost ROI post a luxury renovation. Suite 10 has provided N11. (id:24570)

Location

Province ON

Rooms

Extra Room 1 Second level 3.42 m X 2.71 m Bedroom 2

Extra Room 2 Second level 4.05 m X 3.11 m Bedroom

Extra Room 3 Second level 3.72 m X 2.74 m Bedroom 2

Extra Room 4 Second level 3.67 m X 2.74 m Bedroom 3

Extra Room 5 Second level 4.1 m X 2.71 m Bedroom

Extra Room 6 Third level 4.09 m X 4.01 m Loft

Interior

Heating Baseboard heaters

Cooling Wall unit

Flooring Hardwood

Exterior

Garage No

Waterfront No

View Y/N No

Total Parking Spaces 10

Private Pool No

Building

Story 3

Sewer Sanitary sewer

View More
Favorite Go Tour