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For saleMLS® E13707038

116 Lee Avenue, Toronto, ON M4E 2P3

The Beaches · E02 · M4E 2P3

$2,499,000

$1,250 / sq ft

2 months on market

Bedrooms
4+1
Bathrooms
4
Interior
2,000 sf
Parking
2
Lot
25 × 102 ft

What's special

  • Built-in garage
  • Central air
  • Separate entrance
  • Fireplace

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About this property

Welcome to 116 Lee Avenue, an extraordinary custom 25ft wide residence in the heart of The Beaches, ideally located just steps to Queen Street & waterfront, completely redesigned & rebuilt by Denali Design Build. This exceptional 4+1 bedroom, 4 bathroom home offers approx 3,220 sqft. of total finished living space across three beautifully redesigned levels, showcasing exceptional craftsmanship, and premium finishes throughout. ** PARTY WALL SEVERED ON MAIN AND UPPER LEVEL (making it feel more like a detached home) finished independent of adjoining property. The open concept featuring a custom DJL Kitchens chef's kitchen with Taj Mahal Brazilian Quartzite countertops and backsplash, premium Thermador Professional appliances, an oversized waterfall island, and a custom butler's pantry w/ wet bar and bev fridge. Living features a custom entertainment wall and an impressive 8' x 8' trifold glass wall with Phantom screen, opening seamlessly to the covered rear deck and landscaped backyard. The second level offers four spacious bedrooms, including a luxurious primary retreat with a custom walk-in closet and spa-inspired 5-piece ensuite with heated floors, freestanding soaker tub, double vanity, and oversized glass rain shower. Professionally underpinned with nearly 8.5-foot ceilings, the finished lower level offers exceptional flexibility with a large recreation room, custom built-ins, wet bar, fifth bedroom, full bathroom, separate laundry room, and direct garage access-ideal for an in-law or nanny suite. No expense was spared, with extensive upgrades including European White Oak engineered hardwood flooring, custom millwork, floor to ceiling solid-core doors, designer lighting and fixtures, new electrical, plumbing, HVAC, Spray foam insulation, windows, roof, & waterproofing, 5 min to Boardwalk, parks, top-rated schools, cafes, restaurants, and transit, this is a rare opportunity to own a truly turnkey luxury home in one of Toronto's most sought-after neighbourhoods.

Rooms

9 rooms. Dimensions as published by the listing brokerage.

Room dimensions and features
RoomLevelDimensionsFeatures
Dining RoomMain2.73 × 5.11 m9.0 × 16.8 ftPantry · Wall Sconce Lighting · Wet Bar
Living RoomMain3.72 × 5.30 m12.2 × 17.4 ftOpen Concept · Pot Lights · W/O To Yard
KitchenMain2.91 × 7.82 m9.5 × 25.7 ftStainless Steel Appl · Breakfast Bar · Open Concept
Primary BedroomSecond4.21 × 5.50 m13.8 × 18.0 ft5 Pc Ensuite · Sliding Doors · Heated Floor
Bedroom 2Second3.73 × 3.64 m12.2 × 11.9 ftWindow · Double Closet · Pot Lights
Bedroom 3Second3.12 × 3.55 m10.2 × 11.6 ftLarge Window · Double Closet · Pot Lights
Bedroom 4Second3.01 × 3.40 m9.9 × 11.2 ftDouble Closet · Pot Lights · Hardwood Floor
Bedroom 5Lower2.86 × 4.90 m9.4 × 16.1 ftWindow · Closet · Pot Lights
RecreationLower3.64 × 4.80 m11.9 × 15.7 ftWet Bar · Pot Lights · Electric Fireplace

Features

  • Other

Property details

Property

Property type
semi detached
Bedrooms
4 + 1
Bathrooms
4
Interior size
2,000 sq ft
Lot size
25 × 102 ft
Possession
TBD

Interior

Basement
Finished, Separate Entrance
Heating
Forced Air · Gas
Cooling
Central Air
Fireplaces
1
Exposure
West

Exterior & services

Construction
Other
Garage
Built-In
Parking spaces
2
Sewer
Sewer

Costs

List price
$2,499,000
Property taxes
$7,631 / year (2025)
Price per sq ft
$1,250

Listing

MLS® number
E13707038
Status
For sale
Listed
August 24, 2026
Days on market
72
Last updated
October 21, 2026
Listing brokerage
SAGE REAL ESTATE LIMITED

Price & sale history

This property's sale history is hidden

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Before you make an offer

What this home costs beyond the asking price, and how that price compares to what else is on the market.

How this price compares

This home is priced above most comparable listings — about 100% of comparable semi-detached listings in The Beaches are asking less.

$894KMedian $1.30M$1.78M
This home
$1,250 / sq ft
Comparable median
$1,133 / sq ft

Based on 19 comparable active semi-detached listings in The Beaches. These are asking prices, not sale prices.

Mortgage estimate

Down payment20.0% · minimum $499,800
$499,800
Interest rate5-year fixed, illustrative only
4.49%
Amortization
Principal & interest
$11,053.92
Property tax (est.)
$635.92
Estimated monthly
$11,690

Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.

Land transfer tax

Payable on closing, on top of the purchase price.

Ontario
$48,950
Toronto municipal
$48,950
Total due on closing
$97,900

An estimate on the asking price of $2,499,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.

Listing courtesy of SAGE REAL ESTATE LIMITED. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.

$2,499,000

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