ON > Toronto E02 > The Beaches
Toronto E02, ON M4E 2P2,97 Lee AVE
Toronto E02, ON M4E 2P2,97 Lee AVE
Toronto E02, ON M4E 2P2,97 Lee AVE
Toronto E02, ON M4E 2P2,97 Lee AVE
Toronto E02, ON M4E 2P2,97 Lee AVE
Toronto E02, ON M4E 2P2,97 Lee AVE
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Fawad Nissari

Fawad Nissari

eXp Realty

+1(416) 878-1085
$ 8,549,000
Est. payment | /mo

11 Baths

11,232 SqFt

Save
$ 8,549,000
Est. payment | /mo
Save

11 Baths

11,232 SqFt

Key Details

Property Type Commercial

Sub Type Investment

Listing Status Active

Purchase Type For Sale

Square Footage 11,232 sqft

Price per Sqft $761

Subdivision The Beaches

MLS Listing ID E12338097

Annual Tax Amount $22,203

Tax Year 2024

Property Sub-Type Investment

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 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. 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.

Location

Province ON

County Toronto

Community The Beaches

Area Toronto

Interior

Heating Yes

Cooling Yes

Exterior

Community Features Public Transit, Recreation/Community Centre

Utilities Available Yes

Lot Frontage 75.0

Lot Depth 125.0

Listed by PROPERTY.CA INC.
agent-avatar

When it comes to Real Estate, it's not just a transaction; it's a relationship built on trust and honesty. I understand that buying or selling a home is one of the most significant financial decisions you will make in your lifetime, and that's why I take my role very seriously. I make it my mission to ensure that my clients are well informed and comfortable with the process every step of the way.

+1(416) 878-1085

fawad.nissari@exprealty.com

420 Main St E Unit 556, Milton, ON, L9T 5G3, CAN

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