97 LEE AVENUE, Toronto, Ontario, CA

Address: 97 LEE AVENUE, Toronto, Ontario

0 Beds11 Baths11232 sqftStatus: Buy
Price $7,999,995

Property Overview


Client RemarksBoutique 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. (id:51532)

 

Tags




Property Summary
Property Type
Multi-family
Building Type
Multi-Family
Square Footage
11232 sqft
Community Name
The Beaches
Land Size
75 x 125 FT
Building
Interior Features
Appliances Included
Dishwasher, Dryer, Refrigerator, Stove, Washer, Window Coverings
Building Features
Square Footage
11232 sqft
Heating & Cooling
Cooling
Fully air conditioned
Heating Type
Baseboard heaters
Utilities
Utility Sewer
Storm sewer
Water
Municipal water
Parking
Total Parking Spaces
10
Land
Other Property Information
Zoning Description
Multi-Residential
Features
           Dishwasher            Dryer            Refrigerator
           Stove            Washer            Window Coverings
           Fully air conditioned
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Your Home Finance Calculation

Property Price CA $7,999,995
Bank Loan Amount CA $0
Monthly Installment CA $0

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