Select Currency: CAD USD GBP EUR AED CNY PKR INR
Choose Your Language

Investment Opportunity

Apts-6 To 12 Units

The Beaches, Toronto M4E 2P2

$8,990,000

Currency:CADUSDGBPEURAEDCNYPKRINR
CallwhatsappSMS
Share on Facebook Tweet Share on LinkedIn
Total Area: 11,232 Sq Ft
Type/Use: Apartment - Investment - Apts-6 To 12 Units
Location: 97 Lee Ave, Toronto M4E 2P2
Community: The Beaches
Work with the Business Real Estate Team to get a great deal on this Commercial Property. Call or Text 416-436-8256.
Cross Street: Queen St. E & Lee Ave.
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.
Area Influences: Public Transit   Rec Centre        
Extras: Suites 1, 3, 4, 8 were completely remodeled to luxury status (2021/23). Suite 6 & 10 have provided N11 form and will be moving out soon presenting a unique rear Suite with private entrance that is expected to boost ROI post a luxury renovation
11 Bath
Taxes: $21549.89 / 2023
Possession Remarks: Flexible
Zoning: Multi-Residential
Days On Market:
List Updated 2024-02-18
MLS# E8011398
Courtesy: Forest Hill Real Estate Inc.
Sign In to see complete listings details and more.
Trust the Business Real Estate Team to Save you Time and Money. Call or Text 416-436-8256.

Sign In to see complete details

Sign In

Not yet a member? Sign Up Now - It's Free!

Sign Up
97 Lee Ave, Toronto

Ask a Question

Have Questions? Use the form below to get answers!

Full Name:
Email Address:
Phone:
Question:

Request a Showing

Use the form below to book a tour and see it for yourself!

Full Name:
Email Address:
Phone:
When: