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97 Lee Avenue, Toronto E02, ON M4E 2P2 — $8,499,000 | Paul Nusca Real Estate

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97 Lee Avenue, Toronto E02, ON M4E 2P2

The Beaches · M4E 2P2

$8,499,000

MLS® #E12685388

Bedrooms (9+8)

Bathrooms

5000 +

Sq Ft

About This Property

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.

General Information

Property Type: Residential Freehold
Subtype: Multiplex
Transaction: For Sale
Architectural Style: 3-Storey
Status: Active

Building & Mechanicals

Foundation: Concrete Block, Brick
Construction: Brick
Heating: Baseboard
Heating Fuel: Electric
Cooling: Wall Unit(s)
Sewer: Sewer

Basement

Basement: Apartment

Parking & Garage

Total Parking: 10
Parking Spaces: 0
Garage Type: None
Parking Features: Private

Lot & Land

Frontage: 75'
Depth: 125'

Interior Features

Features

None

Pool

None

Taxes

Annual Tax: $22,203
Tax Year: 2025

Rooms

Room	Level	Dimensions
Kitchen	Main	12' 8" × 8'
Living Room	Main	29' 9" × 16' 4"
Office	Main	9' × 6' 9"
Bedroom	Second	13' 3" × 10' 2"
Bedroom 2	Second	12' 2" × 9'
Bedroom 3	Second	12' × 9'
Loft	Third	12' 2" × 11' 11"
Kitchen	Main	12' 8" × 7' 10"
Living Room	Main	21' 7" × 12' 8"
Bedroom	Second	13' 5" × 8' 11"
Bedroom 2	Second	11' 3" × 8' 11"

Mortgage Calculator

Home Price

Down Payment %

Rate %

Amortization (years)

Estimated monthly payment

$41,753

Down payment: $1,699,800 · Loan: $6,799,200

Estimate only. Actual rates and payments vary by lender.

Listing Information

Last Updated: Jan 12, 2026

Listing courtesy of:

PROPERTY.CA INC.

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The information provided is for personal, non-commercial use and may not be used for any purpose other than identifying prospective properties consumers may be interested in purchasing. Last updated: Jan 12, 2026.

Measurements, dimensions, and other property details are provided by the listing brokerage and have not been independently verified. Information is deemed reliable but is not guaranteed and should be confirmed by the buyer and their representative.