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For saleMLS® E13780770

97 Lee Avenue, Toronto, ON M4E 2P2

The Beaches · E02 · M4E 2P2

$8,449,000

$1,690 / sq ft

1 months on market

Bedrooms
9+8
Bathrooms
11
Interior
5,000 sf
Parking
10
Lot
75 × 125 ft

What's special

  • 10 parking spaces
  • Wall unit(s)
  • Basement apartment
  • Fireplace

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About this property

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 1,3,4,8,6,10 were completely remodeled to luxury status (2021/25). Suite 10s renovation and restoration are complete, making it the newest finished unit.

Rooms

12 rooms. Dimensions as published by the listing brokerage.

Room dimensions and features
RoomLevelDimensionsFeatures
KitchenMain3.85 × 2.43 m12.6 × 8.0 ftRenovated · Stainless Steel Appl · Eat-in Kitchen
Living RoomMain9.08 × 4.97 m29.8 × 16.3 ftHardwood Floor · Bay Window · Open Concept
OfficeMain2.74 × 2.07 m9.0 × 6.8 ftB/I Closet · Window · Hardwood Floor
KitchenMain3.85 × 2.38 m12.6 × 7.8 ftRenovated · Stainless Steel Appl · Breakfast Bar
Living RoomMain6.57 × 3.85 m21.6 × 12.6 ftHardwood Floor · Open Concept · Combined w/Dining
BedroomSecond4.05 × 3.11 m13.3 × 10.2 ftHardwood Floor · Window · Closet
Bedroom 2Second3.72 × 2.74 m12.2 × 9.0 ft3 Pc Ensuite · Walk-In Closet(s) · W/O To Terrace
Bedroom 3Second3.67 × 2.74 m12.0 × 9.0 ftHardwood Floor · Large Window · Closet
BedroomSecond4.10 × 2.71 m13.5 × 8.9 ftHardwood Floor · Large Window · Closet
Bedroom 2Second3.42 × 2.71 m11.2 × 8.9 ftHardwood Floor · Closet · Large Window
LoftThird3.70 × 3.63 m12.1 × 11.9 ftFireplace · Balcony · Hardwood Floor
LoftThird4.09 × 4.01 m13.4 × 13.2 ftBalcony · Fireplace · Hardwood Floor

Features

  • None

Property details

Property

Property type
multiplex
Bedrooms
9 + 8
Bathrooms
11
Interior size
5,000 sq ft
Lot size
75 × 125 ft
Zoning
Multi-Residential
Possession
Flexible

Interior

Basement
Apartment
Heating
Baseboard · Electric
Cooling
Wall Unit(s)
Fireplaces
1
Exposure
West

Exterior & services

Construction
Brick
Parking spaces
10
Sewer
Sewer

Costs

List price
$8,449,000
Property taxes
$22,203 / year (2026)
Price per sq ft
$1,690

Listing

MLS® number
E13780770
Status
For sale
Listed
September 14, 2026
Days on market
51
Last updated
September 14, 2026
Listing brokerage
PROPERTY.CA INC.

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 multiplex listings in Toronto are asking less.

$977KMedian $1.74M$2.97M
This home
$1,690 / sq ft
Comparable median
$835 / sq ft

Based on 96 comparable active multiplex listings in Toronto. These are asking prices, not sale prices.

Mortgage estimate

Down payment20.0% · minimum $1,689,800
$1,689,800
Interest rate5-year fixed, illustrative only
4.49%
Amortization
Principal & interest
$37,372.78
Property tax (est.)
$1,850.28
Estimated monthly
$39,223

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
$197,700
Toronto municipal
$331,170
Total due on closing
$528,870

An estimate on the asking price of $8,449,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.

Listing courtesy of PROPERTY.CA INC.. 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.

$8,449,000

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