97 Lee Avenue Toronto, Ontario M4E 2P2
$8,499,000
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:50886)
Business
| BusinessType | Residential |
| BusinessSubType | Apartments |
Property Details
| MLS® Number | E9372826 |
| Property Type | Multi-family |
| Community Name | The Beaches |
| AmenitiesNearBy | Public Transit, Recreation |
| ParkingSpaceTotal | 10 |
Building
| BathroomTotal | 11 |
| Appliances | Dishwasher, Dryer, Refrigerator, Stove, Washer, Window Coverings |
| CoolingType | Fully Air Conditioned |
| HeatingType | Baseboard Heaters |
| SizeInterior | 11232 Sqft |
| Type | Multi-family |
| UtilityWater | Municipal Water |
Land
| Acreage | No |
| LandAmenities | Public Transit, Recreation |
| Sewer | Storm Sewer |
| SizeDepth | 125 Ft |
| SizeFrontage | 75 Ft |
| SizeIrregular | 75 X 125 Ft |
| SizeTotalText | 75 X 125 Ft |
| ZoningDescription | Multi-residential |
https://www.realtor.ca/real-estate/27480256/97-lee-avenue-toronto-the-beaches-the-beaches
Interested?
Contact us for more information
Leonard Fridman
Broker
235 Clinton Street
Toronto, Ontario M6G 2Y4
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
November 11 2024 05:59:06
Toronto Real Estate Board
Forest Hill Real Estate Inc.