- Bedrooms
- 9+8
- Bathrooms
- 11
- Size
- 5,000 +sq ft
- Lot
- 75 x 125 ft
- Tax a year
- $22,2032026 tax year
- Parking
- 10none
- Days on market
- Members
The brief
About 97 Lee Ave
97 Lee Ave is a 9+8-bedroom, 11-bathroom multiplex in The Beaches, Toronto, listed for sale at an asking price of $8,449,000 (MLS® E13780770).
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.
Insights
Condition Score
Good73/1001 documented update signal
Source: Listing age, structured features and disclosed update language; not an inspection.
Condition uses listing-record signals, not an inspection.
The home
Key facts
- Tax
- $22,203 / 2026
- MLS® number
- E13780770
- Board
- TRREB MLS®
- Property Type
- Multiplex
- Days on market
- Size
- 5000 + sqft
- Lot Size
- 75 x 125 ft
- Listed on
- Parking
- None, 10 Parking
Property details
Property
- Property Type
- Multiplex
- Style
- 3-Storey
- Community
- The Beaches
- Municipality
- Toronto
Building
- Size
- 5000 + sqft
- Construction
- Brick
Inside
- Bedrooms
- 9+8
- Bathrooms
- 11
- Bathroom Details
- 6 × 4pc 2nd, 1 × 3pc 2nd, 4 × 4pc Lower
- Basement Type
- Apartment
- Kitchens
- 9
Parking
- Driveway
- Private
- Garage Type
- None
- Additional Parking
- 10
- Total Parking
- 10
Utilities
- Water
- Municipal
- Cooling
- Wall Unit
- Heating Type
- Baseboard
Land
- Sewer
- Sewers
- Frontage
- 75 ft
- Depth
- 125 ft
- Lot Size
- 75 x 125 ft
Additional
- Foundation
- Concrete Block, Brick
- Roof
- Membrane
- Fireplace
- Yes
- Pool
- None
- Den
- Yes
- Family room
- Yes
- Extras
- 10 fridges, 10 stoves, 6 dishwashers, 6 washers, 6 dryers, 2 coin operated washers, 2 coin operated dryers, elfs, window coverings, hot water tank.
Rooms
| Room | Size | Features | Level |
|---|---|---|---|
| Kitchen | 2.43 × 3.85 m | Renovated, Stainless Steel Appl, Eat-In Kitchen | Main |
| Living | 4.97 × 9.08 m | hardwood floor, Bay Window, Open Concept | Main |
| Office | 2.07 × 2.74 m | B/I Closet, Window, hardwood floor | Main |
| Br | 3.11 × 4.05 m | hardwood floor, Window, Closet | 2nd |
| 2nd Br | 2.74 × 3.72 m | 3 Pc Ensuite, W/I Closet, W/O To Terrace | 2nd |
| 3rd Br | 2.74 × 3.67 m | hardwood floor, Large Window, Closet | 2nd |
| Loft | 3.63 × 3.7 m | Fireplace, Balcony, hardwood floor | 3rd |
| Kitchen | 2.38 × 3.85 m | Renovated, Stainless Steel Appl, Breakfast Bar | Main |
| Living | 3.85 × 6.57 m | hardwood floor, Open Concept, Combined W/Dining | Main |
| Br | 2.71 × 4.1 m | hardwood floor, Large Window, Closet | 2nd |
| 2nd Br | 2.71 × 3.42 m | hardwood floor, Closet, Large Window | 2nd |
| Loft | 4.01 × 4.09 m | Balcony, Fireplace, hardwood floor | 3rd |
Listing history
Buy/sell history for 97 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 | $8,449,000 | N/A | For Sale | E13780770 |
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
- $1,689,800
- Total mortgage amount
- $6,759,200
- Total interest payment
- $4,804,600
- Total purchase cost
- $13,253,600
- Mortgage payment
- $38,546/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
—Monthly carrying cost
$40,396- Rent $0
- Shortfall $40,396
Rental income starts at $0: enter the rent you expect. This is a planning tool, not advice.
Land transfer tax on this home
- Ontario land transfer tax
- $197,700
- Toronto municipal land transfer tax
- $331,170
- Total land transfer tax
- $528,870
- First-time buyer rebates (Ontario up to $4,000 + Toronto up to $4,475)
- −$8,475
- Total for first-time buyers
- $520,395
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 $8,449,000
- $161,225
- Ontario total
- $197,700
Toronto’s municipal tax has its own higher brackets at this price, so it adds $331,170.
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
- 9,375 sq ft871 m²
- Street frontage
- 75 ft22.9 m
- Depth
- 125 ft38.1 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 m34 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
- 64 building permits issued within 250 m in the last 2 years250 m
- Nearest airport: 8.5 km8.5 km
- Mapped parcel: about 9,470 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, 1.5 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 60 m awayFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (60 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.60 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
The building1
- RentSafeTO evaluation: 86/100 (September 2026)The City of Toronto’s inspection score for this apartment building’s common areas and upkeep: 10 units, 3 storeys, built 1917. It does not cover individual units.At the address
City of Toronto (RentSafeTO)
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
No building permits on file at this address.
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.
700 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.
740 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.
740 m away73 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.
740 m away346 LEE AVECondominiumUnder Review
For 3 units and easement
770 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
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 | 2.1 km |
| Coxwell Station | TTC subway: Line 2 Bloor-Danforth | 2.5 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 | 400 m | 87%Grade 6 average |
| Kew Beach Junior Public SchoolToronto DSB | Public · grades JK–6 | 500 m | 95%Grade 6 average |
| St Denis Catholic SchoolToronto CDSB | Catholic · grades JK–8 | 700 m | 83%Grade 6 average |
| ÉÉC Georges-Étienne-CartierConseil scolaire catholique MonAvenir | French-language Catholic · grades JK–6 | 1.9 km | 84%Grade 6 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| Notre Dame Catholic High SchoolToronto CDSB | Catholic · grades 9–12 | 1.2 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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