97, Lee, The Beaches, Toronto, Residential Freehold

MLS® Number E12685388
For Sale   $ 8,499,000
  • 17 beds | 
  • 11 baths | 
  • 5000 + SQFT
Kate Naccarato
Kate Naccarato Sales Representative 416-779-6085
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Description

Residential Freehold Multiplex For Sale.

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.

Interior Features: None

Cross Street: Queen St. E & Lee Ave.

Direction Faces: West

Key Facts

  • Days on: 115 days
  • Mls Status: New
  • Board Property Type: Com
  • Bedrooms Total: 17
  • Bedrooms Below Grade: 8
  • Bedrooms Above Grade: 9
  • Den / Family Room: Yes
  • Bathrooms Total Integer: 11
  • Lot Width: 75.00
  • Kitchens Total: 10
  • Parking Total: 10
  • Parking Spaces: 10
  • Parking Features: Private
  • Garage Type: None
  • Heat Source: Electric
  • Heat Type: Baseboard
  • Cooling: Wall Unit(s)
  • Living Area Range: 5000 + Square Feet

Location 97, Lee, The Beaches, Toronto

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Kate Naccarato
Sales Representative 416-779-6085