For Sale

97 Lee Avenue, Toronto E02, Ontario M4E 2P2

$8,549,000

97 Lee Avenue, Toronto E02, Ontario M4E 2P2 is For Sale and has a listing price of 8,549,000. The property is located in the The Beaches neighbourhood . It's been on the website for 4 Days.

  • Investment
    Property Type
  • 11
    Bathrooms
  • MLS ID: E12338097
  • Office Name PROPERTY.CA INC.
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 (2021-25). 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 were completely remodeled to luxury status (2021/25). Suite 10 is also now vacant and almost complete in its renovation and restoration, with only final touch-ups remaining before its ready for occupancy.

Property Details
  • MLS ID: E12338097
  • Bathrooms: 11
  • Price: $8,549,000
  • Lot Depth: 125
  • Transaction Types: For Sale
  • Ref ID: E12338097
  • Year Built: N/A
  • Dir / Cross St: Queen St. E & Lee Ave.
  • Status: Active
  • Tax Year: 2024
  • Property Type: Investment
  • Property Type: Commercial
Price History
List Date MLS ID List Price Status End Date Closed Price
08/11/2025 E12338142 $8,549,000 For Sale - -
08/11/2025 E12338097 $8,549,000 For Sale - -
03/10/2025 E12009935 $8,599,000 Expired -
12/02/2024 E11823789 $8,749,000 Cancelled 01/28/2025 -
09/29/2024 E9372819 $8,499,000 Expired -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
The Beaches
  • $1,673,370 Average List Price
    based on 1 year
  • 39 New Listings
    based on 30 days
  • 27 Median Days on Market
    based on 1 year
  • List vs. Selling Price 1.66 % Below
  • Sold (12mo) 141
  • Rented (12mo) 236

  • 1 Month Change -
  • 3 Month Change -100.0%
  • 6 Month Change -100.0%
Walkscore
Property Type Distribution
  • All Houses
    61.89%
  • Commercial
    10.38%
  • Condo
    27.72%
Additional Details
  • Heat Type Baseboard
  • Washroom Type1: 11
  • Heating System Y
  • Garage Type Y
  • Parking Spaces: 10
  • Taxes: $22,203
  • Last Status New
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: Flexible
  • Listing Entry Date: 11/08/2025 20:21:38
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