97 Lee Ave
Toronto, M4E2P2
UNAVAILABLE
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Apartment
CATEGORY11,232 Sq Ft
TOTAL AREAE8191124
MLSIDContact Us
Property 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.
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Extras
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
Property Details
Category
Apartment
Usage
Apts-6 To 12 Units
Zoning
Multi Residential
Total Area
11,232 Sq Ft
Lot Size
75' x 125'
Taxes
$21,543 (2023)
Parking Spaces
10
Washrooms
11
Air Conditioning
Yes
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Listing contracted with Forest Hill Real Estate Inc.
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