$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
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
Estimated mortgage payment
$11,065 per month
- Principal and interest
- $11,065
- Property tax
- $636
- Condo fees
- $0
- 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
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $597,700
With less than 20% down, a 30-year amortization is available to first-time buyers and buyers of newly built homes.
Talk to me about financingEstimates 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
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