116 Lee Ave
The Beaches, Toronto, Ontario M4E 2P3
- Bedrooms
- 4+1
- Bathrooms
- 4
- Size
- 2,000–2,500sq ft
- Per sq ft
- $1,111at the range’s middle
- Lot
- 25 x 102 ft
- Tax a year
- $7,6312025 tax year
- Parking
- 21 built-in
- Days on market
- Members
The brief
About 116 Lee Ave
116 Lee Ave is a 4+1-bedroom, 4-bathroom semi-detached house in The Beaches, Toronto, listed for sale at an asking price of $2,499,000 (MLS® E13707038).
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.
Insights
Condition Score
Good73/1001 documented update signal
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Shortfall5/100−$6,837/mo against the cost of owning (20% down, 4.8%, 25 yrs)
Source: Median of 11 semi-detached homes with 5 bedrooms for lease in Toronto right now. Cost of owning counts the mortgage and property tax.
Condition uses listing-record signals, not an inspection.
The home
Key facts
- Tax
- $7,631 / 2025
- MLS® number
- E13707038
- Board
- TRREB MLS®
- Property Type
- Semi-Detached
- Days on market
- Size
- 2000-2500 sqft
- Lot Size
- 25 x 102 ft
- Listed on
- Parking
- 1 Built-In, 2 Parking
Property details
Property
- Property Type
- Semi-Detached
- Style
- 2-Storey
- Community
- The Beaches
- Municipality
- Toronto
Building
- Size
- 2000-2500 sqft
- Construction
- Other
Inside
- Bedrooms
- 4+1
- Bathrooms
- 4
- Bathroom Details
- 1 × 2pc Main, 1 × 5pc 2nd, 1 × 4pc 2nd, 1 × 3pc Lower
- Basement Type
- Finished
- Kitchens
- 1
Parking
- Garage Type
- Built-In
- Garage
- 1
- Additional Parking
- 1
- Total Parking
- 2
Utilities
- Water
- Municipal
- Cooling
- Central Air
- Heating Type
- Forced Air
Land
- Sewer
- Sewers
- Frontage
- 25 ft
- Depth
- 102 ft
- Lot Size
- 25 x 102 ft
Additional
- Foundation
- Concrete
- Roof
- Asphalt Shingle
- Fireplace
- Yes
- Pool
- None
- Den
- Yes
- Family room
- Yes
- Extras
- All existing Thermador stainless steel appliances including built-in refrigerator, WIFI 6-burner gas range, built-in dishwasher, drawer microwave, custom hood fan, built-in beverage refrigerators (2), Whirlpool washer & dryer, all existing electric light fixtures, all existing, custom built-in cabinetry and entertainment units, custom butler's pantry, custom wet bar, garage key pin pad, central air conditioning (CAC), Goodman gas furnace, HRV system, hot water recirculation system, natural gas BBQ hookup, Phantom screen system, built-in closet organizers, HWT owned and all attached fixtures and permanent improvements
Rooms
| Room | Size | Features | Level |
|---|---|---|---|
| Dining | 5.11 × 2.73 m | Pantry, Wall Sconce Lighting, Wet Bar | Main |
| Living | 5.3 × 3.72 m | Open Concept, Pot Lights, W/O To Yard | Main |
| Kitchen | 7.82 × 2.91 m | Stainless Steel Appl, Breakfast Bar, Open Concept | Main |
| Primary | 5.5 × 4.21 m | 5 Pc Ensuite, Sliding Doors, Heated Floor | 2nd |
| 2nd Br | 3.64 × 3.73 m | Window, Double Closet, Pot Lights | 2nd |
| 3rd Br | 3.55 × 3.12 m | Large Window, Double Closet, Pot Lights | 2nd |
| 4th Br | 3.4 × 3.01 m | Double Closet, Pot Lights, hardwood floor | 2nd |
| 5th Br | 4.9 × 2.86 m | Window, Closet, Pot Lights | Lower |
| Rec | 4.8 × 3.64 m | Wet Bar, Pot Lights, Electric Fireplace | Lower |
Listing history
Buy/sell history for 116 Lee Ave, Toronto, Ontario
Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| Date StartN/A | N/A | $2,499,000 | N/A | Pc | E13707038 |
Members see the full history. Prices are hidden from signed-out visitors.
The numbers
Mortgage Calculator
Plan with the current asking price
CMHC insurance: not required at 20% down. Payments use Canadian semi-annual compounding.
Mortgage Details
4.8% · 5-year term · 25-year amortization · 20% down
- Total down payment
- $499,800
- Total mortgage amount
- $1,999,200
- Total interest payment
- $1,421,100
- Total purchase cost
- $3,920,100
- Mortgage payment
- $11,401/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
68%Monthly carrying cost
$12,037- Rent $5,200
- Shortfall $6,837
Rental income opens at $5,200, the median asking rent of 11 comparable homes for lease in Toronto. Type over it with the rent you expect. This is a planning tool, not advice.
Land transfer tax on this home
- Ontario land transfer tax
- $48,950
- Toronto municipal land transfer tax
- $48,950
- Total land transfer tax
- $97,900
- First-time buyer rebates (Ontario up to $4,000 + Toronto up to $4,475)
- −$8,475
- Total for first-time buyers
- $89,425
See how this is worked out
- 0.5% on the first $55,000
- $275
- 1.0% from $55,000 to $250,000
- $1,950
- 1.5% from $250,000 to $400,000
- $2,250
- 2.0% from $400,000 to $2,000,000
- $32,000
- 2.5% from $2,000,000 to $2,499,000
- $12,475
- Ontario total
- $48,950
Toronto’s municipal tax uses the same brackets at this price, so it adds another $48,950.
An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.
Estimate
Estimated value requires sign in
Market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.
The estimate is an automated value built from public and MLS® data. It is not an appraisal; ask Yossi Kaplan, MBA, Salesperson for a full comparative market analysis.
Comparable sales
Comparable sales require sign in
Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.
The land
Lot
- Lot area
- 2,550 sq ft237 m²
- Street frontage
- 25 ft7.6 m
- Depth
- 102 ft31.1 m
The area is the frontage multiplied by the depth, so boundaries are approximate. Confirm with a survey before you buy.
Source: the MLS® listing record.
Land and environment
Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.
Water and conservation4
- Not in Toronto and Region Conservation Authority’s mapped regulated areaAt the address
- No mapped wetland within 120 m120 m
- No water-supply well recorded within 250 m32 test or monitoring holes also recorded.250 m
- Groundwater recorded about 3.1 m below ground nearbyThe middle water level in the well records within 500 m (81 records). It changes with the season and from spot to spot.500 m
Toronto and Region Conservation Authority · Province of Ontario open data
Planning and building activity4
- Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasAt the address
- 84 building permits issued within 250 m in the last 2 years250 m
- Nearest airport: 8.5 km8.5 km
- Mapped parcel: about 2,550 sq ftMeasured from the municipal parcel map, which can differ from the survey and from the lot size in the listing.At the address
Province of Ontario open data · Municipal building permits · toronto.parcels
Around the home1
- A trail on the Ontario trail network within 1 km1 km
Province of Ontario open data
Environmental records4
- No licensed pit or quarry within 2 km2 km
- No recorded oil, gas or salt well within 250 m250 m
- No facility within 1 km reports pollutant releases to Environment CanadaThe nearest is City of Toronto — R.C. Harris Filtration Plant, 1.6 km away. Only facilities above the inventory’s reporting thresholds are listed.1 km
- No federal contaminated site within 1 kmThe federal inventory covers federal land only; it says nothing about provincial or private sites.1 km
Province of Ontario open data · Government of Canada open data
Power and internet3
- Electricity is distributed here by Toronto Hydro-Electric System LimitedAt the address
- Wired internet 50/10 Mbps or faster is listed at a household 40 m awayFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (40 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.40 m
- Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Beanfield Metroconnect, Bell, FibreStream. Cable: Rogers. DSL: Bell. Fixed wireless: Rogers, Routcom. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.Area-wide
Ontario Energy Board · Innovation, Science and Economic Development Canada
Each record is placed at the distance its own line states. None of it is an inspection of the property. Confirm anything that matters to you with the municipality, Toronto and Region Conservation Authorityor the record’s publisher.
Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario. Contains information licensed under the Open Government Licence – Toronto. Contains information made available under the Toronto and Region Conservation Authority Open Data Licence v1.0.
Heritage and ravine protection
- Not found on the Heritage Register
- Not in a mapped Heritage Conservation District
- Not in the mapped ravine protection area
What this means: None of these City records was found at this address. That does not rule out other approvals, such as a conservation authority permit, so check before you plan work.
City of Toronto Heritage Register, Heritage Conservation Districts and the Ravine and Natural Feature Protection by-law, read at this address from the City’s maps. Contains information licensed under the Open Government Licence – Toronto.
Zoning
Zone
R (d0.6) (x771)By-law
569-2013Municipality
Toronto1 d0.6
Density: floor area is capped at 0.6 times the lot area.
2 x771
Site-specific exception 771: this site has rules of its own, written in the by-law.
3 Where this is written
Chapter 10, section 10.10 of By-law 569-2013 · Exception 900.2.10(771)
4 What that means in practice
These are the zone’s rules, not permission for this lot. What can be built also depends on the exceptions, overlays and setbacks that apply here. Confirm with the City before you plan.
City of Toronto Zoning By-law 569-2013, read at this address from the City’s zoning map. Open the City’s zoning map. Contains information licensed under the Open Government Licence – Toronto.
Permit history
5 building permits cleared at this address in the City’s file.
Building Permit Related(MS)Closed
Hvac - 2nd floor rear addition, interior renovations, basementunderpinning, new gfl & 2fl rear decks
Issued December 9, 2024
Building Permit Related(PS)Closed
Plumbing - 2ND FLOOR REAR ADDITION, INTERIOR RENOVATIONS, BASEMENTUNDERPINNING, NEW GFL & 2FL REAR DECKS
Issued December 2, 2024
Building Permit Related (DR)Closed
Drain - 2ND FLOOR REAR ADDITION, INTERIOR RENOVATIONS, BASEMENTUNDERPINNING, NEW GFL & 2FL REAR DECKS
Issued December 2, 2024
Other(SR)Inspection
2nd floor rear addition, interior renovations, basementunderpinning, new gfl & 2fl rear decks
Issued November 28, 2024
DeckClosed
Rear second-storey deck to existing Single Family semi-detached house.Owner: Fergus Calder 416-690-7128
Issued November 23, 2004
City of Toronto Open Data — cleared building permits, which begin in 2017. Contains information licensed under the Open Government Licence – Toronto.
Signals around this home
Changing nearby. 6 open development applications within 800 m of this home.
3 BULLER AVESite planUnder Review
Site Plan Approval application for a 6-storey residential building having a gross floor area of 5,751 square metres, and containing 86 residential dwelling units.
690 m away346 LEE AVECondominiumUnder Review
For 3 units and easement
700 m away419 WOODBINE AVEOfficial plan or zoning amendmentAppeal Received
Combined Official Plan & Zoning By-law Amendment for a 11-storey mixed use building with 123 residential units including 11 rental replacement units are proposed. The proposal will consist of 7,844 square metres of total GFA with 132 square metres of commercial space at grade. A total of 124 vehicular parking spaces and 152 bicycle parking spaces are proposed in a two-level underground parkade.
720 m away79 WOODBINE AVESite planUnder Review
Site Plan Approval application for a 6-storey residential building having a gross floor area of 5,751 square metres, and containing 86 residential dwelling units.
730 m away77 WOODBINE AVESite planUnder Review
Site Plan Approval application for a 6-storey residential building having a gross floor area of 5,751 square metres, and containing 86 residential dwelling units.
730 m away83 WOODBINE AVESite planUnder Review
Site Plan Approval application for a 6-storey residential building having a gross floor area of 5,751 square metres, and containing 86 residential dwelling units.
730 m away
City of Toronto Open Data — Development Applications and Building Permits (cleared permits since 2017). An application is a proposal: it may change, be refused or never be built. Contains information licensed under the Open Government Licence – Toronto.
The market
Semi-detached homes for sale in The Beaches right now
- For sale now
- 20
- Median asking price
- $1.32M
- New in 7 days
- 6
- Price cuts
- 10%
Middle half: $1.07M to $1.68M
15 in 28 days
2 listings
This home is asking 89% above the median, higher than three quarters of them.
See all homes in The BeachesAsking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.
Market area · filters apply to the charts below
The street
Map and tour
Transit nearby
| Station | Lines | Distance |
|---|---|---|
| Danforth GO | GO Transit train: Lakeshore East | 1.7 km |
| Main Street Station | TTC subway: Line 2 Bloor-Danforth | 2 km |
| Woodbine Station | TTC subway: Line 2 Bloor-Danforth | 2 km |
| Coxwell Station | TTC subway: Line 2 Bloor-Danforth | 2.4 km |
| Victoria Park Station | TTC subway: Line 2 Bloor-Danforth | 2.7 km |
The nearest subway, light rail, train, bus rapid transit stations 5 km, as the crow flies. Source: TTC schedule data (GTFS) from the Toronto Transit Commission under the Open Government Licence – Toronto; GO Transit schedule data (GTFS) from Metrolinx under the Open Government Licence – Ontario – Metrolinx, downloaded October 18, 2026. Contains information licensed under the Open Government Licence – Toronto. Data used in this product or service is provided with the permission of Metrolinx. Metrolinx makes no representations or warranties of any kind, express or implied, with respect to the Data and assumes no responsibility for the accuracy or currency of the data used in this product or service. Contains information licensed under the Open Government Licence – Ontario – Metrolinx.
Schools nearby
| Elementary | Type | Distance | EQAO average 2024–25 |
|---|---|---|---|
| Williamson Road Junior Public SchoolToronto DSB | Public · grades JK–6 · French Immersion | 350 m | 87%Grade 6 average |
| Kew Beach Junior Public SchoolToronto DSB | Public · grades JK–6 | 450 m | 95%Grade 6 average |
| St Denis Catholic SchoolToronto CDSB | Catholic · grades JK–8 | 750 m | 83%Grade 6 average |
| ÉÉC Georges-Étienne-CartierConseil scolaire catholique MonAvenir | French-language Catholic · grades JK–6 | 1.8 km | 84%Grade 6 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| Notre Dame Catholic High SchoolToronto CDSB | Catholic · grades 9–12 | 1.1 km | 67%Grade 9 math |
| Malvern Collegiate InstituteToronto DSB | Public · grades 9–12 · French Immersion | 1.4 km | 78%Grade 9 math |
| Neil McNeil High SchoolToronto CDSB | Catholic · grades 9–12 | 1.5 km | 69%Grade 9 math |
| École secondaire Michelle-O'BonsawinConseil scolaire Viamonde | French-language public · grades 9–12 | 2.8 km | 79%Grade 9 math |
EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.
The verdict
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Sold prices in The Beaches are shown to signed-in members.