$8.1 mln - 9 Bedroom - House in Toronto,ON - 97 Lee Ave | HomeSmile
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listed 12 days ago
$8,098,000
97 Lee Ave
9 +8
bedrooms
11
bathrooms
10
parking spaces

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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Sold history


General Info

9+8 bedroom semi-detached house in Toronto
97 Lee Ave, MLS: E9032848

Style | Type
3-storey | multiplex
Lot Width
75.0 ft
Lot Length
125.0 ft

Rooms

Bedrooms
9+8
Total Rooms
43
Bathrooms
11
Basement
apartment

Parking

Garage spaces
0
Total spaces
10
Driveway
private

Financial info

Taxes
$22,203 / 2024

Additional info

Fireplace/Stove
yes
Heating
baseboard
Cooling
wall unit
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.

Rooms

FloorNameSize (m)Comments
MainKitchen3.85 x
2.43
Renovated, Stainless Steel Appl, Eat-In Kitchen
MainLiving9.08 x
4.97
Hardwood Floor, Bay Window, Open Concept
MainOffice2.74 x
2.07
B/I Closet, Window, Hardwood Floor
2ndBr4.05 x
3.11
Hardwood Floor, Window, Closet
2nd2nd Br3.72 x
2.74
3 Pc Ensuite, W/I Closet, W/O To Terrace
2nd3rd Br3.67 x
2.74
Hardwood Floor, Large Window, Closet
3rdLoft3.70 x
3.63
Fireplace, Balcony, Hardwood Floor
MainKitchen3.85 x
2.38
Renovated, Stainless Steel Appl, Breakfast Bar
MainLiving6.57 x
3.85
Hardwood Floor, Open Concept, Combined W/Dining
2ndBr4.10 x
2.71
Hardwood Floor, Large Window, Closet
2nd2nd Br3.42 x
2.71
Hardwood Floor, Closet, Large Window
3rdLoft4.09 x
4.01
Balcony, Fireplace, Hardwood Floor

Other

Possession Details
tbd.
Exterior Finish
brick
Listing Brokerage
forest hill real estate inc.
Listing Sub-Area
the beaches
Zoning
multi-residential

Listing Information

Listed Price
$8,098,000
Listed date
11 jul 2024
Days On The Market
12
HomeSmile AI estimate
FOR SALE
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