Active
97 LEE AVENUE
Toronto (The Beaches) Ontario, M4E2P2
C$8,299,000
Active
17 Beds
11 Baths
Residential
Courtesy of FOREST HILL REAL ESTATE INC.
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. **** EXTRAS **** 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. Suite 10 has provided N11. (id:41202)
E9372819
MLSⓇ ID
October 2, 2024
Updated
Map
97 LEE AVENUE
Toronto (The Beaches) Ontario, M4E2P2
Interior Features
Total Stories
3
Bedrooms
17
Total Bathrooms
11
Appliances
Dishwasher, Dryer, Refrigerator, Stove, Washer, Window Coverings
Floor Description
Hardwood
Fireplace
No
Cooling
Yes
Cooling Description
Wall unit
Heating
Yes
Heating Description
Baseboard heaters, Electric
Exterior/Building Features
Sewer
Sanitary sewer
Other Property Details
Garage
No
Parking Total
10
View
No
Pool
No
Courtesy of FOREST HILL REAL ESTATE INC.
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