Gurvinder Nokwal REALTOR®
For Sale Semi-Detached 55 days on market

$2,499,000 ↓ $129,000 from $2,628,000

Est. payment $11,065/moCalculate yours

116 Lee Avenue, Toronto, ON M4E 2P3

The Beaches, Toronto, ON M4E 2P3

  • 4 + 1 Beds
  • 4 Baths
  • 1 Garage
  • 2,000 Sq Ft

Listing courtesy of SAGE REAL ESTATE LIMITED MLS® E13707038

About this home

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.

Property details

Overview

Property Type
Semi-Detached
Style
2-Storey
For
For Sale
Status
Price Change
Size
2,000 sqft

Interior

Bedrooms
4 + 1
Bathrooms
4
Kitchens
1
Basement
Finished, Separate Entrance

Building & Systems

Heating
Forced Air (Gas)
Cooling
Central Air
Exterior
Other
Foundation
Concrete
Roof
Asphalt Shingle
Water
Municipal
Sewer
Sewer

Lot & Parking

Lot Size
25 x 102 Feet
Parking
Built-In garage · 2 total

Financial

Property Taxes
$7,631 (2025)

Location

Neighbourhood
The Beaches
Cross Street
Lee/Queen
Direction Faces
West

Listing

MLS® Number
E13707038
Days on Market
55
Listed On
2026-08-24
Possession
TBD
Listed By
SAGE REAL ESTATE LIMITED

Rooms

Room Level Dimensions
Kitchen Main 9′ 7″ × 25′ 8″
Bedroom 2 Second 12′ 3″ × 11′ 11″
Bedroom 5 Lower 9′ 5″ × 16′ 1″
Living Room Main 12′ 2″ × 17′ 5″
Bedroom 4 Second 9′ 11″ × 11′ 2″
Recreation Lower 11′ 11″ × 15′ 9″
Bedroom 3 Second 10′ 3″ × 11′ 8″
Primary Bedroom Second 13′ 10″ × 18′ 1″
Dining Room Main 8′ 11″ × 16′ 9″

Features

Interior

  • Other

Property

  • Beach
  • Fenced Yard
  • Hospital
  • Library
  • Park
  • Place Of Worship

Pool

  • None
Included
All existing Thermador stainless steel appliances including built-in refrigerator, WIFI 6-burner gas range, built-in dishwasher, drawer microwave, custom hood fan, built-in beverage refrigerators (2), Whirlpool washer & dryer, all existing electric light fixtures, all existing, custom built-in cabinetry and entertainment units, custom butler's pantry, custom wet bar, garage key pin pad, central air conditioning (CAC), Goodman gas furnace, HRV system, hot water recirculation system, natural gas BBQ hookup, Phantom screen system, built-in closet organizers, HWT owned and all attached fixtures and permanent improvements

Mortgage calculator

Minimum for this price: $499,800 (20%)

Amortization, years

Estimated mortgage payment

$11,065 per month

Principal and interest
$11,065
Property tax
$636
Estimated monthly cost
$11,701

Your mortgage

Mortgage amount
$1,999,200
Mortgage insurance
Not needed
Interest over 25 years
$1,320,309

Cash to close

Down payment
$499,800
Land transfer tax (Ontario + Toronto)
$97,900
Total, before legal fees
$597,700
Talk to me about financing

Estimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.

Location

116 Lee Avenue, Toronto, ON M4E 2P3 The Beaches, Toronto, ON M4E 2P3
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Listing data is provided under license and deemed reliable but not guaranteed. MLS®, Multiple Listing Service® and associated logos are trademarks of The Canadian Real Estate Association (CREA).

$2,499,000 116 Lee Avenue, Toronto, ON M4E 2P3
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