97 Lee Ave
The Beaches, Toronto
$7,999,995
Buy with Dwelly and Save $80,000
Home Details
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Listing 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 is vacant presenting a unique rear Suite with private entrance that is expected to boost ROI post a luxury renovation. Suite 10 has provided N11.
City: Toronto
Neighborhood: The Beaches
Property History
| Listing Date | DOM | List Price | Sold Price | Event | MLS ID |
|---|---|---|---|---|---|
| Jul 11, 2024 | N/A | $8,098,000 | N/A | Sold | E9032840 |
| Jul 11, 2024 | 18 | $8,098,000 | N/A | Terminated | E9032848 |
| Jul 4, 2024 | N/A | $8,198,950 | N/A | Sold | E9011564 |
| Jul 4, 2024 | 7 | $8,198,950 | N/A | Terminated | E9011480 |
| Jun 26, 2024 | N/A | $8,298,950 | N/A | Sold | E8481616 |
| Jun 26, 2024 | 8 | $8,298,950 | N/A | Terminated | E8481408 |
| Jun 11, 2024 | N/A | $8,398,950 | N/A | Sold | E8426160 |
| Jun 11, 2024 | 15 | $8,398,950 | N/A | Terminated | E8426156 |
| Apr 30, 2024 | N/A | $8,498,950 | N/A | Sold | E8287512 |
| Apr 30, 2024 | 42 | $8,498,950 | N/A | Terminated | E8287530 |
| Apr 2, 2024 | N/A | $8,790,000 | N/A | Sold | E8191124 |
| Apr 2, 2024 | 28 | $8,790,000 | N/A | Terminated | E8191018 |
| Mar 5, 2024 | N/A | $8,890,000 | N/A | Sold | E8110556 |
| Mar 4, 2024 | 29 | $8,890,000 | N/A | Terminated | E8110636 |
| Jan 19, 2024 | N/A | $8,990,000 | N/A | Sold | E8011398 |
| Jan 19, 2024 | 45 | $8,990,000 | N/A | Terminated | E8011556 |
| Nov 22, 2023 | N/A | $9,390,000 | N/A | Sold | E7316814 |
| Nov 22, 2023 | 58 | $9,390,000 | N/A | Terminated | E7316736 |
| Oct 16, 2023 | N/A | $9,499,000 | N/A | Sold | E7220024 |
| Oct 16, 2023 | 37 | $9,499,000 | N/A | Terminated | E7220020 |
| Sep 1, 2020 | 55 | $4,995,000 | $4,665,000 | Sold | E4894505 |
| Aug 31, 2020 | N/A | $4,995,000 | N/A | Sold | E4894503 |
| Feb 26, 2012 | 55 | $3,400 | N/A | Suspended | E2294978 |
| Feb 11, 2012 | 182 | $2,999,000 | N/A | Expired | E2285034 |
| Feb 20, 2011 | 59 | $2,900 | N/A | Expired | E2040823 |
| Jan 26, 2011 | 151 | $2,639,000 | N/A | Expired | E2025091 |
| Nov 4, 2010 | 83 | $2,599,000 | N/A | Suspended | E1988617 |
| Aug 13, 2010 | 83 | $2,699,000 | N/A | Suspended | E1935691 |
| Jun 15, 2010 | 59 | $2,799,000 | N/A | Suspended | E1896692 |
| Mar 11, 2010 | 96 | $2,799,000 | N/A | Suspended | E1808349 |
| Jan 4, 2010 | 66 | $2,999,000 | N/A | Suspended | E1762460 |
| Nov 9, 2009 | N/A | $3,299,000 | N/A | Suspended | E1739263 |
Rooms
Room dimensions for 97 Lee Ave, Toronto
Market Trends and Insights
Mortgage Calculator
Your estimated monthly payment for 97 Lee Ave is 41289
Price
$Rate
%Ammortization
Down Payment
$Total Mortgage
| Purchase Price | $7999995 |
| Down Payment | $1599999 |
| Mortgage Insurance | $0 |
| Total Mortgage | $6399996 |
Monthly Payment
| Mortgage Payment | $39438 |
| Property Taxes | $1850 |
| Maintenance Fees | $0 |
| Monthly Payment | $41289 |
About 97 Lee Ave, Toronto
Located at 97 Lee Ave , this Toronto house is available for sale. This property was listed for $7,999,995 on Tue Sep 10 2024. This house's size is 75.00 x 125.00 Feet. It has 9 bedrooms and 11 bathrooms. The property includes the following rooms: Kitchen, Living, Office, Br, 2nd Br, 3rd Br, Loft, Kitchen, Living, Br, 2nd Br, Loft. This property comes with 10 parking spots. 97 Lee Ave, Toronto is situated in the The Beaches neighbourhood.
MLS#: E9229592 · $7,999,995 · 9 bedroom house in The Beaches, Toronto