97 Lee Avenue, Toronto E02, ON M4E 2P2, Toronto E02, ON
Bath 11
11232.0 sqft
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.
E12685396
Type
Commercial
Sub Type
Investment
Bathrooms
11
Square Footage
11232.0 sqft
Complete Property Details
Property Type
Commercial
Sub Type
Investment
Transaction Type
For Sale
Status
Active
Contract Status
Available
MLS® Number
E12685396
Total Bathrooms
11
Lot Width
75.0
Garage Type
None
Cooling
Yes
Cooling Installed
Yes
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 & Lee Ave.
Country
CA
List Price
$8,499,000
Annual Taxes
$22,203
Tax Year
2025
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
2026-01-12T05:02:17Z
Media Updated
2026-01-12T05:02:17Z
Photos Updated
2026-01-12T05:02:17Z
Last Modified
2026-01-12T05:02:17Z
System Modified
2026-01-12T05:02:17.825644Z
MLS Status
New
Basement Yn
Yes
Board Property Type
Com
Ddfyn
Yes
Expiration Date
2026-06-11
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.
