97 Lee Ave

Toronto E02 | The Beaches | M4E 2P2
  • 11232.0 sqft
  • 0 gar

$8,198,950

Est. Mtg $27,801 /mo
  • Days on market

    4

  • Status

    A

Listing Broker FOREST HILL REAL ESTATE INC.
Since listed: 0 views

Home details

MLS #:

E9011564

Property type:
Investment
Style:
Taxes:
$22,203
Possession:
TBD.
Condo Fee:
Lot Size:
75.0 X 125.0
Zoning:
Multi-Residential
Use:
Apts-6 To 12 Units
Heat:
Baseboard

Description


97 Lee Ave, , Toronto, Ontario is a Investment property in Toronto E02 and in the The Beaches community in the M4E 2P2 postal code


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

Suites 1,3,4,8 were completely remodeled to luxury status (2021/23). Suite 6 is vacant presenting a unique rear Suite with private entrance that is expected to boost ROI post a luxury renovation. Suite 10 has provided N11..



Payment calculator

$29651 monthly. In association with: TD Bank
%
  • Principal and Interest
    27801 /mo
  • Property Taxes
    $1850 /mo
  • Yearly Condo Fees
    $0

* These results are not provided by offerHunt.ca and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

P2 Realty Inc. Brokerage

P2 Realty Brokerage

www.offerHunt.ca

Darshan Kakar, Realtor

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