97 Lee Avenue, Toronto E02, ON

$8,474,000
MLS#:E13436052
0 beds
11 baths
Commercial
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Description

Property Highlights

Welcome to this remarkable [] investment located in the coveted neighborhood of The Beaches. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $8,474,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 0 Bedrooms and 11 Bathrooms
  • Premium 75 x 125 ft lot size
  • Features a [] basement, adding superb versatility for recreation, a home gym, or extra storage
  • equipped with ["yes"] central cooling and highly efficient baseboard heating

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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Key Features

Bathrooms
11
Property Type
Commercial

Additional Details

StatusActive
Listed Date6/12/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeInvestment
Lot Size75 × 125 Feet
CountyToronto
Annual Tax$22,203.33
Legal DescriptionPlan M238 Lots 140 To 141 Pt Lot 139

Parking & Garage

Garage Spaces10
Garage TypeNone

Heating & Cooling

Heat TypeBaseboard
Cooling["Yes"]

Features

Property Features

Community Features

Public Transit, Recreation/Community Centre

Location

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97 Lee Avenue, Toronto E02, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 97 Lee Avenue, Toronto E02, ON M4E 2P2

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Financial Audit

Estimated Costs

Loan Amount$6,779,200
Monthly Mortgage$39,390
Property Tax (Est.)$1,850
Utilities & Maint.$350
Total Monthly Cost$41,590

Nearby School Rankings

No schools found within 3 km of this property.

Within 2km radiusFraser Institute Ratings

Nearby Listings

Distance:

No current listings found in Toronto E02.

City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for the Beaches, Toronto E02.

Verified Local Data
City Population2,794,356
City Median Age39.2 Yrs
City Ownership48% Owners
Avg Area List Price$1,772,356

People & Families

Age Distribution

Household Composition

One-person households
32%
Families with children
36%
Couples without children
24%
Other households
8%

Top Ethnic Origins

Chinese11%
English9%
Canadian8%
East Indian8%

Local Schools Guide

Elementary Schools

Williamson Road
Public24 Williamson Road, Toronto, Ontario, M4E 1K5
7.9
Kew Beach
Public101 Kippendavie Avenue, Toronto, Ontario, M4L 3R3
8.2
St Denis
Public67 Balsam Avenue, Toronto, Ontario, M4E 3B8
7.7
Norway
Public390 Kingston Road, East York, Toronto, Ontario, M4L 1T9
7.6
Balmy Beach
PublicScarborough, Toronto, Ontario
9.2

Secondary Schools

Notre Dame
Public12 Malvern Avenue, Toronto, Ontario, M4E 3E1
7.7
Malvern
Public55 Malvern Avenue, Toronto, Ontario, M4E 3E4
9.1
Neil McNeil
Public127 Victoria Park Avenue, Scarborough, Toronto, Ontario, M4E 3S2
7.7

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied48%
Rented52%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.