97 Lee Avenue
Toronto E02, ON
- 17 bed
- 11 bath
- approx. 5000 + sqft
- Multiplex
- 94 days on market
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.
Listing Details
- Taxes (2025)
- $22,203
- Listed
- June 12, 2026
Price History
Listing history
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Property
- Style
- 3-Storey
- Construction
- Brick
- Roof
- Membrane
- Foundation
- Concrete Block, Brick
- Interior
- None
- Lot Size
- 75 x 125 Feet
Parking
- Garage
- None
- Covered Spaces
- 0
- Total Parking
- 10
Utilities
- Sewer
- Sewer
- Heat Source
- Electric
Location & Legal
- Cross Street
- Queen St. E & Lee Ave.
- Zoning
- Multi-Residential
- Parcel Number
- 210050098
- Possession
- Flexible
- Occupancy
- Tenant
Included
- Inclusions
- 10 fridges, 10 stoves, 6 dishwashers, 6 washers, 6 dryers, 2 coin operated washers, 2 coin operated dryers, elfs, window coverings, hot water tank.
- Exclusions
- Tenants Property.
Schools
Elementary
- Glen Ames Senior Public School0.3 km
Public · Toronto DSB · 360 students
- Williamson Road Junior Public School0.4 km
Public · Toronto DSB · 545 students
Grade 3 reading: 65% met the provincial standard · Grade 6 math: 73% met the provincial standard
- Kew Beach Junior Public School0.5 km
Public · Toronto DSB · 375 students
Grade 3 reading: 81% met the provincial standard · Grade 6 math: 85% met the provincial standard
Secondary
- Notre Dame Catholic High School1.2 km
Catholic · Toronto CDSB · 510 students
Grade 10 literacy: 97% met the provincial standard
- Malvern Collegiate Institute1.4 km
Public · Toronto DSB · 1140 students
Grade 10 literacy: 96% met the provincial standard
- Neil McNeil High School1.5 km
Catholic · Toronto CDSB · 770 students
Grade 10 literacy: 83% met the provincial standard
Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.
Community
Postal area M4E
- Population
- 25,473
- Private dwellings
- 11,581
- Median age
- 42.8
- Average household size
- 2.3
- Median household income
- $112,000
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Residential Freehold in Toronto E02 · last 12 months
- Median sold price
- $1,200,000
- Homes sold
- 521
- Median days on market
- 10
- Sale-to-list price
- 104.8%
Based on 521 recorded sales of residential freehold properties in Toronto E02 over the last 12 months.
Rooms
6 × 4-piece on Second, 3-piece on Second, 4 × 4-piece on Lower
Third
- Loft13'5" x 13'2"
- Loft12'2" x 11'11"
Second
- Bedroom13'5" x 8'11"
- Bedroom13'3" x 10'2"
- Bedroom 212'2" x 9'
- Bedroom 211'3" x 8'11"
- Bedroom 312' x 9'
Main
- Kitchen12'8" x 8'
- Kitchen12'8" x 7'10"
- Living Room29'9" x 16'4"
- Living Room21'7" x 12'8"
- Office9' x 6'9"
Listed by
PROPERTY.CA INC.
Walk Score
Walk
Transit
Bike
Scores by Walk Score®
Location
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Mortgage Calculator
$1,694,800
Estimated Monthly Payment
$41,630
Land transfer tax
Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $41,630/mo (20% down, 5.5%)
Taxes: $1,850/mo · Insurance: $2,119/mo
Estimates only. Consult a financial advisor.
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