97 Lee Avenue,Toronto E02, ON M4E 2P2
Toronto E02, ON M4E 2P2
Description
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 (2021-24). 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. 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 that is almost complete. Suite 10 is also now vacant!
Details
| MLS # | E12009904 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | New |
| Days On Site | 103 |
| Listing Provided By | PROPERTY.CA INC. | E12009904 223906 |
Features
| Bath(s) | 11 |
|---|---|
| SQ Feet | 11,232 |
| Acreage | 0.26 |
Interior
| Heating Yes / No | Yes |
|---|---|
| Cooling Yes / No | Yes |
| Cooling | Yes |
Exterior
| Community Features | Public Transit, Recreation/Community Centre |
|---|
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Learn More About This Property
| Province | ON |
|---|---|
| County | Toronto |
| City | Toronto E02 |
| Postal Code | M4E 2P2 |
| Area | The Beaches |
| Listing VS Median (in M4E 2P2) | |
Price: $8,599,000 low | high Med: $8,599,000 SqFt: 11,232 low | high Med: 11,232 $ / SqFt: $766 low | high Med: $766 On site: 103 low | high Med: 103.000000 | |
