97 LEE AVENUE

Toronto (The Beaches), Ontario, M4E2P2, Canada

$8,299,000

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.

EXTRAS 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.

Last updated on : Wednesday 16th of October 2024 11:33:29 AM

ADDRESS

Street : 97 LEE AVENUE

City : Toronto (The Beaches)

Province : Ontario

Country : Canada

Postal Code : M4E2P2

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PROPERTY SUMMARY

Property ID : E9372819

Building Type : Other

Property Type : Multi-family

Bedrooms : 9 + 8

Bathrooms : 11

Parking : 10

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