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.
Address
97 Lee Ave
List Price
$8,699,000
Property Type
Free
Type of Dwelling
Multiplex
Style of Home
3-Storey
Area
Toronto E02
Sub-Area
The Beaches
Bedrooms
9 + 8
Bathrooms
11
MLS® Number
E11943898
Listing Brokerage
PROPERTY.CA INC.
Postal Code
M4E 2P2
Tax Amount
$22,203.33
Tax Year
2024
