$8,499,000

Multiplex

97 Lee Avenue, Toronto, ON

1 DAY
9+8
11
0
5,000
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Listed by PROPERTY.CA INC.

Property Highlights

Parking

10 spaces

Property Tax

$22,203/yr

Lot Size

9,375 sqft

Style

3-Storey

Basement

Apartment

Monthly Cost

$37,739/mo

About This Home

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.

Monthly Cost

Monthly Mortgage$35,889
Property Tax ($22,203/yr)$1,850
Total$37,739

Price & Listing History

Schools

Location

Tap to view full map

Rooms

Main Level

Kitchen: 3.85m × 2.38m
Living Room: 6.57m × 3.85m
Office: 2.74m × 2.07m
Living Room: 9.08m × 4.97m
Kitchen: 3.85m × 2.43m

Second Level

Bedroom: 4.10m × 2.71m
Bedroom 2: 3.72m × 2.74m
Bedroom 3: 3.67m × 2.74m
Bedroom 2: 3.42m × 2.71m
Bedroom: 4.05m × 3.11m

Third Level

Loft: 4.09m × 4.01m
Loft: 3.70m × 3.63m

Listing Presented By

iryna.tarabanovska@cirealty.com
CiRealty, Brokerage

CiRealty, Brokerage