$8,790,000Asking Price
97 Lee Ave
The Beach, Toronto
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.
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.
See MoreKey Info
- 3-Storey Multiplex
- 4+ Parking
- No Garage
- Queen St. E & Lee Ave.
- Baseboard Electric Heating
- Wall Unit A/C
Property
- Taxes were $21,542 in 2023
- Possession: TBD
Details
- Brick Exterior
- Fireplace
- 9 + 1 Kitchens
- MLS #E8191018
- FOREST HILL REAL ESTATE INC.
Extras
- 1,3,4,8 were completely remodeled to luxury status (2021-2023). Suite 6 & 10 have provided N11 forms and will be moving out soon presenting a unique rear Suite with private entrance that is expected to boost ROI post a luxury renovation.
Rooms
| Room | Floor | Dimensions | Details | |
|---|---|---|---|---|
| 1 | Kitchen | Main | 12.63' x 7.97' | Renovated, Stainless Steel Appliances, Eat-In Kitchen |
| 2 | Living Room | Main | 29.79' x 16.31' | Hardwood Floor, Bay Window, Open Concept |
| 3 | Office | Main | 8.99' x 6.79' | Built-in Closet, Window, Hardwood Floor |
| 4 | Bedroom | 2nd | 13.29' x 10.20' | Hardwood Floor, Window, Closet |
| 5 | 2nd Bedroom | 2nd | 12.20' x 8.99' | 3-PieceEnsuite, Walk-in Closet, Walkout To Terrace |
| 6 | 3rd Bedroom | 2nd | 12.04' x 8.99' | Hardwood Floor, Large Window, Closet |
| 7 | Loft | 3rd | 12.14' x 11.91' | Fireplace, Balcony, Hardwood Floor |
| 8 | Kitchen | Main | 12.63' x 7.81' | Renovated, Stainless Steel Appliances, Breakfast Bar |
| 9 | Living Room | Main | 21.56' x 12.63' | Hardwood Floor, Open Concept, Combined W/Dining |
| 10 | Bedroom | 2nd | 13.45' x 8.89' | Hardwood Floor, Large Window, Closet |
| 11 | 2nd Bedroom | 2nd | 11.22' x 8.89' | Hardwood Floor, Closet, Large Window |
| 12 | Loft | 3rd | 13.42' x 13.16' | Balcony, Fireplace, Hardwood Floor |
 | 6 4-Piece Bathrooms on 2nd Floor | |||
| 1 3-Piece Bathroom on 2nd Floor | |||
| 4 4-Piece Bathrooms on Lower | |||
Who lives here?
The Beach, Toronto is a central Toronto neighbourhood notable for its university grads, executives and business, education, law & public sector and arts & culture professionals. Residents tend to be older with a significant number of babies, kids aged 5 to 14, adults aged 40 to 64 and seniors aged 65 to 69.
Families
Kids Per Family
1.1
kids per family
in the neighbourhood.
Gta ({{ '1.29999995231628' | number: 1 }})
Singles
44%
of residents are
single and loving it.
44% singles
Toronto (50%)Gta ({{ '44.8800010681152' | number: 0 }}%)
Renters
38%
of residents
are renters.
38% renters
Toronto (47%)Gta ({{ '33.0200004577637' | number: 0 }}%)
Education
63%
of residents are
university grads.
63% university grads
Toronto (48%)Gta ({{ '43.6699981689453' | number: 0 }}%)
Income
Average Household Income
$207K
is the average household
income in the neighbourhood.
Gta ({{ '135056.828125' | minifiedCurrency }})
Professions
Professions
| Government | 13% |
| Management | 13% |
| Sales | 12% |
| Business | 12% |
| Culture | 8% |
Immigrants
20%
of residents were
born outside of Canada.
20% immigrants
Toronto (48%)Gta ({{ '45.4300003051758' | number: 0 }}%)
Birthplace - All
4.0% from UK
All-time
Birthplace - Recent
0.4% from UK
Recent
Foreign Languages
Foreign Languages
| French | 3% |
| German | 1% |
| Spanish | 1% |
| Cantonese | 1% |
| Italian | 1% |
Religions
Religions
| Christian | 55% |
| Jewish | 2% |
| Buddhist | 1% |
| Hindu | 1% |
| Muslim | 1% |
Social Housing
Social Housing Buildings
6
Social housing buildings
in the neighbourhood.
Shelters
Shelters
0
Homeless shelters in
the neighbourhood.
