116 Lee Avenue, Toronto, ON M4E 2P3
The Beaches, Toronto · Near Lee/Queen · View map
About this home
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.
The home
- Type
- Semi-detached home
- Style
- 2-Storey
- Square footage
- 2000-2500 sq ft
- Bedrooms
- 4
- Basement bedrooms
- 1
- Bathrooms
- 4
- Kitchens
- 1
- Rooms
- 9
- Basement
- Finished, Separate Entrance
- Lot size
- 25 x 102 ft
- Faces
- West
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
Heating & cooling
- Heating fuel
- Gas
- Heating type
- Forced Air
- Air conditioning
- Central Air
- Fireplace
- Yes
Garage & parking
- Garage
- Built-In
- Garage spaces
- 1
- Driveway spaces
- 1
- Total parking
- 2
Taxes & other
- Property taxes
- $7,631/yr
- Tax year
- 2025
- Occupancy
- Owner
- Possession
- TBD
- Cross street
- Lee/Queen
- Neighbourhood
- The Beaches
More
- Price per sq ft
- ~$1,111 (at 2,250 sq ft)
- MLS® number
- E13707038
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The home and its surroundings
- Beach
- Fenced Yard
- Hospital
- Library
- Park
- Place Of Worship
- Mortgage
- Property tax
- Maintenance fee
Cash needed to close
Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax and Toronto municipal land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.
Schools nearby
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Your commute
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Listing history for 116 Lee Avenue
See what this home and others at the same address were listed for, what they sold for, and how long it took.
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Frequently asked questions about 116 Lee Avenue
Answers come straight from this home’s MLS® listing.
How much is 116 Lee Avenue listed for, and what would it cost each month?
116 Lee Avenue is listed for $2,499,000. With 20% down ($499,800), the mortgage payment would be roughly $10,080 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $10,716 a month, all in. That figure is an illustration, not a quote.
Is 116 Lee Avenue freehold or a condo, and is there a monthly fee?
116 Lee Avenue is a semi-detached home in The Beaches, Toronto. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.
How many bedrooms and bathrooms does 116 Lee Avenue have?
116 Lee Avenue has 4 bedrooms, plus 1 more bedroom in the basement, and 4 bathrooms. The listing gives the style as 2-storey.
Does 116 Lee Avenue have a garage and parking?
Yes. The listing shows the garage as built-in, with room for 1 car. The driveway adds 1 space. In total the listing counts 2 parking spaces.
Does 116 Lee Avenue have a finished basement?
The listing describes the basement as finished, separate entrance. It counts 1 bedroom on that level. Finished basement space is usually not counted in the square footage shown. A listing description is not proof of a legal second unit, so confirm zoning and permits with the municipality before counting on rental income.
What style of home is 116 Lee Avenue?
116 Lee Avenue is a semi-detached home. A semi-detached home shares one side wall with the home next door.
How big is 116 Lee Avenue, and what is the lot size?
The listing puts the home between 2,000 and 2,500 sq ft. The board reports a range rather than an exact figure, and it usually leaves out the basement. The lot is listed as 25 x 102 ft.
How is 116 Lee Avenue heated and cooled?
Heating is forced air (gas). Cooling is central air.
What are the property taxes for 116 Lee Avenue?
Property taxes are $7,631 a year (2025), or about $636 a month.
Where is 116 Lee Avenue?
116 Lee Avenue is in the The Beaches community of Toronto. The nearest main intersection is Lee/Queen. The postal code is M4E 2P3.
Is 116 Lee Avenue still for sale?
Yes. It is an active listing (MLS® E13707038). Listings here update from the board through the day and come down once a home sells.
What are similar properties near 116 Lee Avenue asking?
Similar properties for sale nearby right now include 145 Boardwalk Drive at $2,139,000 (3+1 bed), 182 Beatrice Street at $2,399,900 (4+1 bed) and 31 Farnham Avenue at $2,949,000 (4 bed). These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 116 Lee Avenue sold for?
Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.
How do I book a showing at 116 Lee Avenue?
Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.
Have a different question? Ask about this home and get an answer, usually within the hour.
Similar properties nearby
More properties for sale near The Beaches, picked by style, size and price.
Semi-detached home$2,139,000145 Boardwalk Drive, Toronto3+1 bed · 4 bath · The BeachesCourtesy of: ROYAL LEPAGE ESTATE REALTYView home →
Semi-detached home$2,399,900182 Beatrice Street, Toronto4+1 bed · 5 bath · Palmerston-Little ItalyCourtesy of: ROYAL LEPAGE SIGNATURE REALTYView home →
Semi-detached home$2,949,00031 Farnham Avenue, Toronto4 bed · 3 bath · Yonge-St. ClairCourtesy of: BOUTIQUE REAL ESTATE CORPORATIONView home →Courtesy of: SAGE REAL ESTATE LIMITED
Listing information comes from the Toronto Regional Real Estate Board through PropTx and is deemed reliable but is not guaranteed accurate. It is provided for consumers' personal, non-commercial use. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.