Property in The Beaches

97 Lee Ave , Toronto

Details

Property ID
E8287512
Status
For Sale
Property Type
Investment
Lot Size
75.00 X 125.00 Ft.
Parking Spaces
10
Taxes
$21,543 (2023)
Basement
Y
Air Conditioning
Y
Heating Type
Baseboard

Description

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 (2021-23). With millions invested, 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 75x125 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 were completely remodeled to luxury status (2021/23). Suite 6 & 10 have provided N11 form and will be moving out soon presenting a unique rear Suite with private entrance that is expected to boost ROI post a luxury renovation

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Location of the Property

97 Lee Ave, Toronto, Ontario M4E 2P2

Nearby Schools and Ratings

Source: Ontario school information and student demographics - grade 3 and 6 EQAO student achievements for reading, writing and mathematics, grade 9 EQAO academic and applied student achievements, grade 10 OSSLT student achievement | Open Government Licence - Ontario
Disclaimer: The property is not necessarily in the boundary of the schools shown above. There may be other, closer schools available that are not listed in the source, or the property can be in the boundary of farther schools that are not shown on this map. This tool is designed to provide the viewer an overview of the ratings of nearby public schools, and does not suggest association to school boundaries. To view all schools and boundaries please visit the respective district school board's website.
For further information and school ranking visit Fraser Institution and EQAO.

FOREST HILL REAL ESTATE INC., BROKERAGE
(416) 929-4343

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More About 97 Lee Ave

97 Lee Ave is a Commercial Property located in the city of Toronto. 97 Lee Ave has been listed For Sale at $8,690,000 . This Investment property . Situated in The Beaches neighbourhood , with the nearest intersection being Queen St. E & Lee Ave..

Listing Brokerage: FOREST HILL REAL ESTATE INC.

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ForestHill Signature
ForestHill Signature
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