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116 Lee Avenue

116 Lee Avenue

Toronto E02, ON

  • 5 bed
  • 4 bath
  • approx. 2000-2500 sqft
  • Semi-Detached
  • 24 days on market
$2,628,000

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.

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Listing Details

Taxes (2025)
$7,631
Listed
August 24, 2026

Price History

Listing history

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Property

Style
2-Storey
Construction
Other
Roof
Asphalt Shingle
Foundation
Concrete
Interior
Other
Lot Size
25 x 102 Feet

Parking

Garage
Built-In
Covered Spaces
1
Total Parking
2

Utilities

Sewer
Sewer
Heat Source
Gas

Location & Legal

Cross Street
Lee/Queen
Parcel Number
210040544
Possession
Other
Occupancy
Owner

Included

Inclusions
All existing Thermador stainless steel appliances including built-in refrigerator, WIFI 6-burner gas range, built-in dishwasher, drawer microwave, custom hood fan, built-in beverage refrigerators (2), Whirlpool washer & dryer, all existing electric light fixtures, all existing, custom built-in cabinetry and entertainment units, custom butler's pantry, custom wet bar, garage key pin pad, central air conditioning (CAC), Goodman gas furnace, HRV system, hot water recirculation system, natural gas BBQ hookup, Phantom screen system, built-in closet organizers, HWT owned and all attached fixtures and permanent improvements

Schools

Elementary

  • Glen Ames Senior Public School0.3 km

    Public · Toronto DSB · 360 students

  • Williamson Road Junior Public School0.3 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 School1.1 km

    Catholic · Toronto CDSB · 510 students

    Grade 10 literacy: 97% met the provincial standard

  • Malvern Collegiate Institute1.3 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
525
Median days on market
10
Sale-to-list price
104.9%

Based on 525 recorded sales of residential freehold properties in Toronto E02 over the last 12 months.

Rooms

2-piece on Main, 5-piece on Second, 4-piece on Second, 3-piece on Lower

Second

  • Bedroom 212'3" x 11'11"
  • Bedroom 310'3" x 11'8"
  • Bedroom 49'11" x 11'2"
  • Primary Bedroom13'10" x 18'1"

Main

  • Dining Room8'11" x 16'9"
  • Kitchen9'7" x 25'8"
  • Living Room12'2" x 17'5"

Lower

  • Bedroom 59'5" x 16'1"
  • Recreation11'11" x 15'9"

Listed by

SAGE REAL ESTATE LIMITED

Walk Score

98

Walk

69

Transit

85

Bike

Scores by Walk Score®

Mortgage Calculator

$525,600

Estimated Monthly Payment

$12,911

Land transfer tax

Estimated land transfer tax$52,175

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: $12,911/mo (20% down, 5.5%)

Taxes: $636/mo · Insurance: $657/mo

Estimates only. Consult a financial advisor.

R

Reita | Assistant

Online

Reita said:

Reita is an automated assistant, not a licensed real estate agent. This listing mentions 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.. I can help you explore neighbourhoods, understand the market, and find our free tools. What are you looking for?

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