$8,449,000
Est. payment $37,410/moCalculate yours
97 Lee Avenue, Toronto, ON M4E 2P2
The Beaches, Toronto, ON M4E 2P2
- 9 + 8 Beds
- 11 Baths
- 5,000 Sq Ft
Listing courtesy of PROPERTY.CA INC. MLS® E13780770
About this home
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 75×125 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.
Property details
Overview
- Property Type
- Multiplex
- Style
- 3-Storey
- For
- For Sale
- Status
- New
- Size
- 5,000 sqft
Interior
- Bedrooms
- 9 + 8
- Bathrooms
- 11
- Kitchens
- 10
- Total Rooms
- 0
- Basement
- Apartment
Building & Systems
- Heating
- Baseboard (Electric)
- Cooling
- Wall Unit(s)
- Exterior
- Brick
- Foundation
- Concrete Block, Brick
- Roof
- Membrane
- Water
- Municipal
- Sewer
- Sewer
Lot & Parking
- Lot Size
- 75 x 125 Feet
- Parking
- None garage · 10 total
- Zoning
- Multi-Residential
Financial
- Property Taxes
- $22,203 (2026)
Location
- Neighbourhood
- The Beaches
- Cross Street
- Queen St. E & Lee Ave.
- Direction Faces
- West
Listing
- MLS® Number
- E13780770
- Days on Market
- 34
- Listed On
- 2026-09-14
- Possession
- Flexible
- Listed By
- PROPERTY.CA INC.
Rooms
Features
Interior
- None
Pool
- None
- Included
- 10 fridges, 10 stoves, 6 dishwashers, 6 washers, 6 dryers, 2 coin operated washers, 2 coin operated dryers, elfs, window coverings, hot water tank.
- Excluded
- Tenants Property.
Mortgage calculator
Estimated mortgage payment
$37,410 per month
- Principal and interest
- $37,410
- Property tax
- $1,850
- Condo fees
- $0
- Estimated monthly cost
- $39,261
Your mortgage
- Mortgage amount
- $6,759,200
- Mortgage insurance
- Not needed
- Interest over 25 years
- $4,463,903
Cash to close
- Down payment
- $1,689,800
- Land transfer tax (Ontario + Toronto)
- $528,870
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $2,218,670
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
This photo could not be loaded.