97 Lee Ave
The Beaches, Scarborough, M4E 2P2
For Sale
Not An Active Listing
9 + 8
BEDROOMS11
BATHROOMS9 + 1
KITCHENS43
ROOMSE8110636
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
1,3,4,8 were completely remodeled to luxury status (2021-2023). Suite 6 & 10 have provided N11 forms and will be moving out soon presenting a unique rear Suite with private entrance that is expected to boost ROI post a luxury renovation.
Nearby Intersections
Queen & Woodbine (24)
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Property Details
Property Type
Multiplex, 3-Storey
Lot Size
75' x 125'
Fronting
West
Taxes
$21,543 (2023)
Basement
Apartment
Exterior
Brick
Heat Type
Baseboard
Heat Source
Electric
Air Conditioning
Wall Unit
Water
Municipal
Parking Spaces
10
Driveway
Private
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Kitchen | Main | 7.97' x 12.63' | Renovated, Stainless Steel Appl, Eat-In Kitchen |
| Living | Main | 16.31' x 29.79' | Hardwood Floor, Bay Window, Open Concept |
| Office | Main | 6.79' x 8.99' | B/I Closet, Window, Hardwood Floor |
| Br | 2nd | 10.20' x 13.29' | Hardwood Floor, Window, Closet |
| 2nd Br | 2nd | 8.99' x 12.20' | 3 Pc Ensuite, W/I Closet, W/O To Terrace |
| 3rd Br | 2nd | 8.99' x 12.04' | Hardwood Floor, Large Window, Closet |
| Loft | 3rd | 11.91' x 12.14' | Fireplace, Balcony, Hardwood Floor |
| Kitchen | Main | 7.81' x 12.63' | Renovated, Stainless Steel Appl, Breakfast Bar |
| Living | Main | 12.63' x 21.56' | Hardwood Floor, Open Concept, Combined W/Dining |
| Br | 2nd | 8.89' x 13.45' | Hardwood Floor, Large Window, Closet |
| 2nd Br | 2nd | 8.89' x 11.22' | Hardwood Floor, Closet, Large Window |
| Loft | 3rd | 13.16' x 13.42' | Balcony, Fireplace, Hardwood Floor |
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Similar Listings
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.
Call
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