
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 $2,698,000 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 25ft wide residence in the heart of The Beaches, ideally located just steps to Queen Street & waterfront, completely redesigned & rebuilt by Denali Design Build. This exceptional 4+1 bedroom, 4 bathroom home offers approx 3,220 sqft. of total finished living space across three beautifully redesigned levels, showcasing exceptional craftsmanship, and premium finishes throughout. ** PARTY WALL SEVERED ON MAIN AND UPPER LEVEL (making it feel more like a detached home) 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 w/ 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, & waterproofing, 5 min to Boardwalk, parks, top-rated schools, cafes, 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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This detached home located at 116 Lee Avenue, Toronto is currently for sale and has been available on SousaSells for 29 days. This property is listed at $2,698,000 with an estimated mortgage of $8,981* per month. It has 5 beds, 4 bathrooms, and is 2000-2500 square feet. 116 Lee Avenue, Toronto is in the The Beaches neighborhood.
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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Yes! Featuring 5 bedrooms and 4 bathrooms, this home offers ample space and comfort for growing families in The Beaches, Toronto.
Growing families needing multi-bedroom flexibility and space in The Beaches, Toronto.
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The current listing price for 116 Lee Avenue, Toronto, ON in The Beaches, Toronto is $2,698,000.
This property features 5 bedrooms and 4 bathrooms across approximately 2000-2500 sqft.
116 Lee Avenue, Toronto, ON is a Semi-Detached (2-Storey) featuring a Finished, Separate Entrance basement.
Key property features include: Beach, Fenced Yard, Hospital, Library, Park, Place Of Worship.
Interior highlights include: Other.
Yes, this property offers parking space for 2.0 vehicles (Built-In).
Heating is provided via Gas and cooling via Central Air.
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 116 Lee Avenue, Toronto, ON M4E 2P3
Based on 0 recent similar sales in the pocket.
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 $2,698,000 in Toronto, the legal minimum down payment is $539,600 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 $53,925 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $53,925 also applies, bringing the total estimated land transfer taxes to $107,850.
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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.