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$7,999,995Asking Price

97 Lee Ave

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 (2021-23). 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.

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.

Key Info

  • 3-Storey Multiplex
  • 4+ Parking
  • No Garage
  • Queen St. E & Lee Ave.
  • Baseboard Electric Heating
  • Wall Unit A/C

Property

  • Taxes were $22,203 in 2024
  • Possession: TBD.

Details

  • Brick Exterior
  • Fireplace
  • 9 + 1 Kitchens
  •  
  • MLS #E9229592
  • FOREST HILL REAL ESTATE INC.

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.
Room Floor Dimensions Details
1 Kitchen Main 12.63' x 7.97' Renovated, Stainless Steel Appliances, Eat-In Kitchen
2 Living Room Main 29.79' x 16.31' Hardwood Floor, Bay Window, Open Concept
3 Office Main 8.99' x 6.79' Built-in Closet, Window, Hardwood Floor
4 Bedroom 2nd 13.29' x 10.20' Hardwood Floor, Window, Closet
5 2nd Bedroom 2nd 12.20' x 8.99' 3-PieceEnsuite, Walk-in Closet, Walkout To Terrace
6 3rd Bedroom 2nd 12.04' x 8.99' Hardwood Floor, Large Window, Closet
7 Loft 3rd 12.14' x 11.91' Fireplace, Balcony, Hardwood Floor
8 Kitchen Main 12.63' x 7.81' Renovated, Stainless Steel Appliances, Breakfast Bar
9 Living Room Main 21.56' x 12.63' Hardwood Floor, Open Concept, Combined W/Dining
10 Bedroom 2nd 13.45' x 8.89' Hardwood Floor, Large Window, Closet
11 2nd Bedroom 2nd 11.22' x 8.89' Hardwood Floor, Closet, Large Window
12 Loft 3rd 13.42' x 13.16' Balcony, Fireplace, Hardwood Floor
Washroom6 4-Piece Bathrooms on 2nd Floor
Washroom1 3-Piece Bathroom on 2nd Floor
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)