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Tony & Ledi Real Estate Team

info@tonyledi.com +1(647) 493-3579

$ 8,499,000

Est. payment | -/mo

17 Beds

11 Baths

Save

$ 8,499,000

Est. payment | -/mo

Save

17 Beds

11 Baths

Key Details

Property Type Multi-Family

Sub Type Multiplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 5000 +

Municipality Toronto E02

Subdivision The Beaches

MLS Listing ID E12685388

Style 3-Storey

Bedrooms 17

Annual Tax Amount $22,203

Tax Year 2025

Property Sub-Type Multiplex

Property Description

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.

Location

Province ON

County Toronto

Community Toronto E02

Area Toronto

Zoning Multi-Residential

Rooms

Family Room Yes

Basement Apartment

Kitchen 10

Separate Den/Office 8

Interior

Interior Features None

Cooling Wall Unit(s)

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.

Exterior

Parking Features Private

Pool None

Roof Type Membrane

Lot Frontage 75.0

Lot Depth 125.0

Total Parking Spaces 10

Building

Foundation Concrete Block, Brick

Others

Senior Community No

ParcelsYN No

Listed by PROPERTY.CA INC.

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97 Lee AVE Toronto E02, ON M4E 2P2