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97 LEE AVENUE, Toronto, Ontario

$8,499,000

11 Baths
11,232 Square Feet

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. (id:23309)

Listing ID: E9372826
Property Type: Multi-family

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Details

Amenities Nearby: Public Transit, Recreation
Parking Spaces: 10
Transaction: For sale
Zoning Description: Multi-Residential

Building

Appliances: Dishwasher, Dryer, Refrigerator, Stove, Washer, Window Coverings
Cooling: Fully air conditioned
Fireplace Present: False
Bathrooms (Total): 11
Heating: Baseboard heaters
Size Interior: 11232 sqft
Type: Multi-Family
Utility Water: Municipal water

Land

Amenities: Public Transit, Recreation
Sewer: Storm sewer
Size Frontage: 75 ft
Size Irregular: 75 x 125 FT

Listing provided by FOREST HILL REAL ESTATE INC.
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This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 97 LEE AVENUE in Toronto Ontario. It was last modified on September 29th, 2024. Contact Tom Linkletter to schedule a viewing or to discover other Toronto real estate for sale.

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