97 Lee Avenue, Toronto E02, ON M4E 2P2, Toronto E02, ON
Bed 17
Bath 11
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.
Property Highlights
For Sale
MLS NO.
E12448032
Type
Residential Freehold
Sub Type
Multiplex
Bedrooms
17
Bathrooms
11
Parking
10.0
Complete Property Details
Property Type
Residential Freehold
Sub Type
Multiplex
Transaction Type
For Sale
Status
Expired
Contract Status
Unavailable
MLS® Number
E12448032
Living Area Range
5000 +
Total Bedrooms
17
Bedrooms Above Grade
9
Bedrooms Below Grade
8
Total Bathrooms
11
Total Kitchens
10
Kitchens Above Grade
9
Kitchens Below Grade
1
Rooms Above Grade
43
Interior Features
None
Fireplace
Yes
Central Vacuum Yn
No
Construction
Brick
Roof
Membrane
Lot Width
75.0
Parking Features
Private
Parking Total
10.0
Covered Spaces
0.0
Garage Type
None
Garage
No
Pool
None
Direction Facing
West
Cooling
Wall Unit(s)
Cooling Installed
Yes
Heat Source
Electric
Heat Type
Baseboard
Internet Address Display Yn
Yes
Internet Entire Listing Display Yn
Yes
Full Address
97 Lee Avenue, Toronto E02, ON M4E 2P2
City
Toronto E02
Neighbourhood
The Beaches
County / Region
Toronto
Province / State
ON
Postal Code
M4E 2P2
Cross Street
Queen St. E & Lee Ave.
Directions
Just North of Queen St E on Lee Ave
Country
CA
List Price
$8,524,000
Annual Taxes
$22,203
Tax Year
2024
Legal Description
Plan M238 Lots 140 To 141 Pt Lot 139
Possession Type
Flexible
Possession Details
Flexible
Listing Office
PROPERTY.CA INC.
Board
Toronto Regional Real Estate Board
Original Entry
2025-10-06T20:43:02Z
Media Updated
2025-10-06T20:43:03Z
Photos Updated
2025-10-06T20:43:03Z
Last Modified
2026-01-12T05:15:10Z
System Modified
2026-01-12T05:15:10.528457Z
MLS Status
Expired
Architectural Style
3-Storey
Basement
Apartment
Board Property Type
Com
Ddfyn
Yes
Expiration Date
2026-01-11
Foundation Details
Concrete Block, Brick
Heat Source Multi
Electric
Heat Type Multi
Baseboard
Heating Yn
Yes
Hstapplication
In Addition To
Occupant Type
Tenant
Originating System Id
A00001796
Parking Spaces
10
Public Remarks
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.
