Welcome to this remarkable 2-Storey semi-detached located in the coveted neighborhood of The Beaches. Expertly crafted featuring premium other construction, this residence presents an exceptional opportunity offered at $2,450,000 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.
Welcome to 116 Lee Avenue, an extraordinary custom residence in the heart of The Beaches, completely redesigned and rebuilt by Denali Design Build. This exceptional 4+1 bedroom, 4 bathroom home offers approx 3,220 sqft. of total living space across three beautifully finished levels, showcasing exceptional craftsmanship, and premium finishes throughout. ** PARTY WALL SEVERED ON MAIN AND UPPER LEVEL finished independent of adjoining property. The open-concept featuring a custom DJL Kitchens chef's kitchen with Taj Mahal Brazilian Quartzite countertops and backsplash, premium Thermador Professional appliances, an oversized waterfall island, and a custom butler's pantry with wet bar and bev fridge. Living features a custom entertainment wall and an impressive 8' x 8' trifold glass wall with Phantom screen, opening seamlessly to the covered rear deck and landscaped backyard. The second level offers four spacious bedrooms, including a luxurious primary retreat with a custom walk-in closet and spa-inspired 5-piece ensuite with heated floors, freestanding soaker tub, double vanity, and oversized glass rain shower. Professionally underpinned with nearly 8.5-foot ceilings, the finished lower level offers exceptional flexibility with a large recreation room, custom built-ins, wet bar, fifth bedroom, full bathroom, separate laundry room, and direct garage access-ideal for an in-law or nanny suite.No expense was spared, with extensive upgrades including European White Oak engineered hardwood flooring, custom millwork, floor to ceiling solid-core doors, designer lighting and fixtures, new electrical, plumbing, HVAC, Spray foam insulation, windows, roof, and waterproofing.Ideally located just steps to Queen Street East, the Beach, Boardwalk, parks, top-rated schools, cafés, restaurants, and transit, this is a rare opportunity to own a truly turnkey luxury home in one of Toronto's most sought-after neighbourhoods.
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Beach, Fenced Yard, Hospital, Library, Park, Place Of Worship
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Data-driven valuation for 116 Lee Avenue, Toronto, ON M4E 2P3
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Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Toronto.
About Purchasing a Home in Toronto, ON
For a property listed at $2,450,000 in Toronto, the legal minimum down payment is $490,000 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $47,725 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $47,725 also applies, bringing the total estimated land transfer taxes to $95,450.
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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.