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$8,524,000Asking Price

97 Lee Avenue, Toronto E02, ON M4E 2P2

The Beach, Toronto

Multiplex
9 + 8
Bedrooms
11
Baths
10
Parking
Days on Market

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.

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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 Info

  • 3-Storey Multiplex
  • 4+ Parking
  • No Garage
  • Queen St. E & Lee Ave.
  • 5000 + Approximate Sq Feet
  • No Ensuite Laundry
  • Baseboard Electric Heating

Property

  • Excludes: Heat, Hydro, Water, Cable TV, Central A/C, Common Elements, Building Insurance, Parking
  • Taxes were $22,203 in 2024
  • Possession: Flexible

Details

  • Brick Exterior
  • Fireplace
  • 10 + 1 Kitchens
  •  
  • MLS #E12448032
  • PROPERTY.CA INC.

Extras

Room Floor Dimensions Details
1 Kitchen Main 12.63' x 7.97' Renovated, Stainless Steel Appliances, Eat-in Kitchen
2 Office Main 8.99' x 6.79' Built-in Closet, Window, Hardwood Floor
3 Kitchen Main 12.63' x 7.81' Renovated, Stainless Steel Appliances, Breakfast Bar
Washroom6 4-Piece Bathrooms
Washroom1 3-Piece Bathroom
Washroom4 4-Piece Bathrooms on Lower

Who lives here?

The Beach, Toronto is a central Toronto neighbourhood notable for its university grads, executives and business, education, law & public sector and arts & culture professionals. Residents tend to be older with a significant number of babies, kids aged 5 to 14, adults aged 40 to 64 and seniors aged 65 to 69.

Families

Kids Per Family

1.1

kids per family
in the neighbourhood.

Toronto  (1.2)
Gta  ({{ '1.29999995231628' | number: 1 }})

Singles

44% of residents are
single and loving it.

44% singles

Toronto (50%)
Gta ({{ '44.8800010681152' | number: 0 }}%)

Renters

38% of residents
are renters.

38% renters

Toronto (47%)
Gta ({{ '33.0200004577637' | number: 0 }}%)

Education

63% of residents are
university grads.

63% university grads

Toronto (48%)
Gta ({{ '43.6699981689453' | number: 0 }}%)

Income

Average Household Income

$207K

is the average household
income in the neighbourhood.

Toronto  ($132K)
Gta  ({{ '135056.828125' | minifiedCurrency }})

Professions

Professions

Government 13%
Management 13%
Sales 12%
Business 12%
Culture 8%

Immigrants

20% of residents were
born outside of Canada.

20% immigrants

Toronto (48%)
Gta ({{ '45.4300003051758' | number: 0 }}%)

Birthplace - All

UK was once home to 4.0% of immigrants.
USA 2.2%
Caribbean 0.9%
Germany 0.8%
Ireland 0.7%

4.0% from UK
All-time

Birthplace - Recent

UK was once home to 0.4% of immigrants.
USA 0.2%
Philippines 0.2%
Germany 0.1%
France 0.1%

0.4% from UK
Recent

Foreign Languages

Foreign Languages

French 3%
German 1%
Spanish 1%
Cantonese 1%
Italian 1%

Religions

Religions

Christian 55%
Jewish 2%
Buddhist 1%
Hindu 1%
Muslim 1%

Social Housing

Social Housing Buildings

6

Social housing buildings
in the neighbourhood.

Gta Avg (5.19)

Shelters

Shelters

0

Homeless shelters in
the neighbourhood.

Gta Avg (0.54)