97 Lee Avenue, Toronto, Ontario M4E 2P2

Listed for:
$8,690,000
17 beds
11 baths
Listed 19 days ago
Other for rent: 97 Lee Avenue, Toronto, Ontario M4E 2P2

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Learn more about this property
Listing provided by:
FOREST HILL REAL ESTATE INC.
MLS® number:
E8287530
Agent:
Leonard Fridman
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About

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 (2021-23). With millions invested, 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. **** EXTRAS **** 1,3,4,8 were completely remodeled to luxury status (2021-2023). Suite 6 & 10 have provided N11 forms and will be moving out soon presenting a unique rear Suite with private entrance that is expected to boost ROI post a luxury renovation. (id:27476)

Property Highlights

Type
Other
Cooling type
Wall unit
Heating fuel
Electric
Fireplace
Yes
Construction material
Brick
Parking space
10
Ownership Type
Amenities nearby

Location