97 Lee Avenue, Toronto, ON M4E 2P2
The Beaches · E02 · M4E 2P2
$8,449,000
$752 / sq ft1 months on market
- Bathrooms
- 11
- Total area
- 11,232 sf
- Lot
- 75 × 125 ft
What's special
- Yes
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.
Property details
Property
- Property type
- investment
- Bathrooms
- 11
- Interior size
- 11,232 sq ft
- Lot size
- 75 × 125 ft
- Zoning
- Multi-Residential
- Possession
- Flexible
Interior
- Heating
- Baseboard
- Cooling
- Yes
Exterior & services
- Sewer
- Storm
Costs
- List price
- $8,449,000
- Property taxes
- $22,203 / year (2026)
- Price per sq ft
- $752
Listing
- MLS® number
- E13780830
- Status
- For sale
- Listed
- September 14, 2026
- Days on market
- 52
- Last updated
- September 14, 2026
- Listing brokerage
- PROPERTY.CA INC.
Price & sale history
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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 91% of comparable multi-unit / investment listings in Toronto are asking less.
- This home
- $752 / sq ft
- Comparable median
- $697 / sq ft
Based on 95 comparable active multi-unit / investment listings in Toronto. These are asking prices, not sale prices.
Mortgage estimate
- 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.
Comparable sales nearby
What similar homes in this area actually sold for.
Nearby sold prices are hidden
Recent closed sales for comparable homes in this area — the numbers that tell you whether the asking price is realistic.
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