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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