97 Lee Avenue, Toronto, ON M4E 2P2
The Beaches, Toronto · Near Queen St. E & Lee Ave. · View map
About this home
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.
The home
- Type
- Investment
- Square footage
- 11232 sq ft
- Bathrooms
- 11
- Lot size
- 75 x 125 ft
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
Heating & cooling
- Heating type
- Baseboard
- Air conditioning
- Yes
Garage & parking
- Driveway spaces
- 10
- Total parking
- 10
Taxes & other
- Property taxes
- $22,203/yr
- Tax year
- 2026
- Occupancy
- Tenant
- Possession
- Flexible
- Cross street
- Queen St. E & Lee Ave.
- Neighbourhood
- The Beaches
More
- MLS® number
- E13780830
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No features listed yet.
- 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.
97 Lee Avenue, Toronto, ON M4E 2P2
The Beaches, Toronto · Near Queen St. E & Lee Ave.
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Listing history for 97 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 97 Lee Avenue
Answers come straight from this home’s MLS® listing.
How much is 97 Lee Avenue listed for, and what would it cost each month?
97 Lee Avenue is listed for $8,449,000. With 20% down ($1,689,800), the mortgage payment would be roughly $34,081 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $35,931 a month, all in. That figure is an illustration, not a quote.
Is 97 Lee Avenue freehold or a condo, and is there a monthly fee?
97 Lee Avenue is a investment 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.
Does 97 Lee Avenue have a garage and parking?
The listing does not show a garage. The driveway adds 10 spaces. In total the listing counts 10 parking spaces.
What style of home is 97 Lee Avenue?
97 Lee Avenue is an investment. Commercial property covers retail, office, industrial and investment buildings and businesses for sale or lease.
How big is 97 Lee Avenue, and what is the lot size?
The lot is listed as 75 x 125 ft.
How is 97 Lee Avenue heated and cooled?
Heating is baseboard. Cooling is yes.
What are the property taxes for 97 Lee Avenue?
Property taxes are $22,203 a year (2026), or about $1,850 a month.
Where is 97 Lee Avenue?
97 Lee Avenue is in the The Beaches community of Toronto. The nearest main intersection is Queen St. E & Lee Ave.. The postal code is M4E 2P2.
Is 97 Lee Avenue still for sale?
Yes. It is an active listing (MLS® E13780830). Listings here update from the board through the day and come down once a home sells.
What are similar properties near 97 Lee Avenue asking?
Similar properties for sale nearby right now include 97 Lee Avenue at $8,449,000 (9+8 bed), 111 Wenderly Drive at $8,500,000 and 2473 Dufferin Street at $7,999,999. These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 97 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 97 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.
Multiplex$8,449,00097 Lee Avenue, Toronto9+8 bed · 11 bath · The BeachesCourtesy of: PROPERTY.CA INC.View home →
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Commercial retail$7,999,9992473 Dufferin Street, TorontoBriar Hill-BelgraviaCourtesy of: COLLIERSView home →Courtesy of: PROPERTY.CA INC.
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.