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🛏️
9+8 Beds
🚿
11 Baths
🚗
10 Parking
📐
5000 +

$8,499,000

Multiplex

97 Lee Avenue, Toronto, ON M4E 2P2The Beaches

Listing Overview

MLS ID:E12685388
Status:New
Type:Residential Freehold / Multiplex
Style:3-Storey
Living Area:5000 +
Taxes:$22,203.33 / yr (2025)
Days on Market:86
Listed:2026-01-12
Last Updated:Jan 12, 2026
Cross Street:Queen St. E & Lee Ave.
Data Source:PROPTX

Interior

Beds (above):9
Beds (below):8
Bathrooms:11
Kitchens (above):9
Kitchens (below):1
Den / Family Room:Yes
Basement:Apartment

Utilities

Heat Type:Baseboard
Heat Source:Electric

Outdoor / Lot

Lot Size:× 125ft
Direction Faces:West

Parking

Garage Type:None
Covered Spaces:0
Parking Spaces:10
Total Parking:10

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 (2021-25). 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.

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