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310-3100 Steeles Ave W, Vaughan, ON, L4K 3R1
905-553-8500info@summitly.ca

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Listing data is provided by the Toronto Regional Real Estate Board (TRREB) via PropTx and is deemed reliable but not guaranteed. Coldwell Banker Summit Realty, Brokerage — an independently owned and operated Coldwell Banker franchise.

REALTOR® Disclosure▾

For listings in Canada, the trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

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    For sale On market 7 days

    116 Lee Avenue

    The Beaches·Toronto, ON·M4E 2P3·Near Lee/Queen

    • 4 beds
    Toronto real estate›E13540378
    • Overview
    • History
    • Details
    • Location
    • Mortgage
    • Investment
    • Comparables
    • FAQ
    Open house & tour

    3 upcoming open houses

    Drop in during an open house, or tour online — no appointment needed.

    • Open house
      Date TBD
      Time TBD
    • Open house
      Date TBD
      Time TBD
    • Open house
      Date TBD
      Time TBD
    Overview

    What this listing tells us

    Property description

    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.

    Cleaned for readability — original MLS® text was lightly de-abbreviated and decapitalized.

    History

    Listing, price, and tax history

    Every previous listing of this property, every list-price change, and 5 years of estimated annual property tax — switch tabs to drill in.

    DateEventStatusPriceChangeMLS®View
    Jul 8, 2026ListedCurrentFor sale$2,698,000 —E13540378This page
    Jun 25, 2026Previously listedTer$2,698,000 —E13490730View
    Sourced from MLS® · includes all previous listings of this property · tap View to open the archived listing in a new tab
    Property details

    Inside this property

    Systems, finishes, room dimensions, and building information — pulled from the full MLS® feed.

    Features & systems

    Heating, cooling, parking, exterior, lot, possession, and more.

    • Systems

      4
      Heating
      Forced Air
      Air conditioning
      Central Air
      Water source
      Municipal
      Sewer
    Location & lifestyle

    Getting around, schools & the block

    Walkability and transit, the nearest schools, an interactive map of the exact spot, and what's nearby.

    📍 116 Lee Avenue
    What's nearby

    Points of interest classified by the MLS® feed.

    • Beach
    • Fenced Yard
    • Hospital
    • Library
    Financials

    The money — monthly cost, mortgage & return

    Everything financial in one place: what you'd pay each month, a live mortgage calculator at the asking price, and what it could return as a rental.

    Cost of ownership

    A monthly snapshot at typical assumptions — personalize the mortgage just below.

    Est. monthly mortgage
    $13,254
    20% down · 25y · 5.50% — adjust below ↓
    Est. monthly property tax
    $636
    0.28% mill rate · ON
    The market

    How this home sits in the Toronto market

    Live neighbourhood stats, the closed sales you'd negotiate against, and comparable active listings.

    The Toronto market right now

    Average sold price, days on market, and closed-transaction count for Toronto — sourced from MLS®.

    • Avg sold price
      $1,094,227
      Last 30 days
    • Median sold price
      $863,828
      Middle of the market
    • Days on market
      29 d
      Avg from list to close
    • Closed last 30d
      6,838
      MLS® transactions
    Full Toronto market report
    Buy with Coldwell Banker Summit Realty

    We'll get you into 116 Lee Avenue — the seller pays our commission

    On every MLS® listing in Canada, the seller's brokerage pays a cooperating commission to whoever brings the buyer. Buyer representation is free to you.

    Free buyer representation · Coldwell Banker® affiliate

    $0 to you. The seller pays our fee.

    On every MLS® listing in Canada, the seller's brokerage advertises a cooperating commission for the buyer's agent. A Coldwell Banker Summit Realty agent represents you — you owe us nothing.

    Call now
    Due diligence

    Property flags & disclosures

    An automated scan of public records and news for anything a buyer should know about this specific address — liens, outstanding work orders, or stigma-related history. We never invent flags.

    Nothing concerning surfaced — all clear.

    We scanned public records and news for liens, outstanding work orders, and stigma-related history (e.g. a former grow-op or fire) at 116 Lee Avenue and found nothing flagged. We re-check automatically as new records publish.

    Frequently asked

    Common questions about this property

    Tap a question to expand the answer. Short, direct answers tuned for AI search and voice assistants.

    • How much is 116 Lee Avenue listed for?

      116 Lee Avenue is listed at $2,698,000 on the MLS® (listing E13540378). The price refreshes on Summitly within minutes of any MLS® change.

    • How many bedrooms, bathrooms, and square feet does 116 Lee Avenue have?

    Coldwell Banker Summit Realty is a RECO-licensed Ontario real estate brokerage, independently owned and operated. Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Listing data is sourced from MLS® and is provided for informational purposes only — not guaranteed accurate by the MLS® or its members. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.

  1. 4 baths
  2. 2000-2500 sqft
  3. Semi-Detached
  4. Asking
    $2,698,000
    $0 / sqft · MLS® E13540378
    Chat Zara
  5. Zara AI Estimate
    Live · refreshes nightly
    Estimated value
    $1,291,188
    $1,187,893Confidence range$1,394,483
    Asking vs estimate
    ↑↑well-above
    +$1,406,812
    (+109.0%)
    Asking is well above
    Run the affordability numbers

    Based on the city's average sold price, adjusted for 4 bedrooms (no sqft on file).

    Market analytics

    Homes like this in Toronto sell in about 29 days — this one has been listed 7 days.

    Avg sold price
    $1,094,227
    Median sold
    $863,828
    Avg days on market
    29
    Recently sold
    6838
    See comparable sales
    Walk through online
    Listing agent has provided a interactive tour
    Open virtual tour
    AI highlights by Zara
    • 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.
    • 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.
    Ask Zara a follow-up
    Sewer
  6. Parking & garage

    4
    Garage
    Built-In
    Garage spaces
    1
    Parking spaces
    2
    Driveway
    1
  7. Interior

    5
    Basement
    Finished, Separate Entrance
    Family room
    Y
    Kitchens
    1
    Total rooms
    9
    Laundry level
    Lower Level
  8. Exterior & construction

    4
    Exterior
    Other
    Roof
    Asphalt Shingle
    Foundation
    Concrete
    Pool
    None
  9. Listing & possession

    3
    Occupancy
    TBD
    Property style
    2-Storey
    Property class
    Semi-Detached
  10. Room-by-room · 9 rooms

    Every room with its dimensions, level, and notable features.

    Room dimensions

    Main level

    3 rooms
    • Kitchen
      stainless steel appl · breakfast bar · open concept
      9.5 × 25.7 ft
    • Living Room
      open concept · pot lights · w/o to yard
      12.2 × 17.4 ft
    • Dining Room
      pantry · wall sconce lighting · wet bar
      9.0 × 16.8 ft

    Second level

    4 rooms
    • Bedroom 3
      large window · double closet · pot lights
      10.2 × 11.6 ft
    • Primary Bedroom
      5 pc ensuite · sliding doors · heated floor
      13.8 × 18.0 ft
    • Bedroom 2
      window · double closet · pot lights
      12.2 × 11.9 ft
    • Bedroom 4
      double closet · pot lights · hardwood floor
      9.9 × 11.2 ft

    Lower level

    2 rooms
    • Bedroom 5
      window · closet · pot lights
      9.4 × 16.1 ft
    • Recreation
      wet bar · pot lights · electric fireplace
      11.9 × 15.7 ft
  11. Park
  12. Place Of Worship
  13. Combined estimate
    $13,890
    Mortgage + tax · before condo / insurance

    Mortgage & affordability

    Today's best Canadian rates from Mortgage Squad, then a live calculator — adjust down payment, amortization, and rate, and email yourself the report.

    Today's rates · Powered by Mortgage Squad
    350+ lender access · Best rate matched in 2 min
    Lock my rate
    • Best
      5-yr Fixed · Insured
      4.09%
      0.40% below banks
    • 5-yr Fixed · Conventional
      4.34%
      APR · OAC
    • 3-yr Fixed · Conventional
      4.49%
      APR · OAC
    • 5-yr Variable · Variable
      4.85%
      APR · OAC
    Rates indicative · Updated today · OAC, subject to underwritingSee all Mortgage Squad rates →
    Affordability calculator
    Estimated monthly payment
    $13,254
    /mo
    based on the purchase price of $2,698,000
    $539,600 cash
    $2,158,400 financed
    $1,817,939 total interest
    Monthly payment$13,254/ month
    Principal54%$2,158,400
    Interest46%$1,817,939

    20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.

    Email this mortgage report to yourself

    Save the full affordability breakdown — down payment, monthly, interest paid, and today's Mortgage Squad rate — in your inbox. Create a free Summitly account to save it, get rate-drop alerts, and build a shortlist.

    Create account & email meor send as guest
    Get pre-approved in minutes

    Know exactly what you can afford — a no-obligation pre-approval from Mortgage Squad.

    Get pre-approved

    Rental income & return

    What this home could rent for and the return at the asking price — an AI estimate against real property tax and condo fees.

    Est. monthly rent
    low–high
    Gross yield
    rent × 12 ÷ price
    Cap rate (est.)
    net of tax + fees

    AI estimate for discussion only — not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price and real property tax.

    Comparable semi-detacheds that just sold in Toronto

    Swipe the closed sales, then use the table for a side-by-side $/sqft comparison against this home.

    • 19 Gade Drive
      Sold
      Sign in for price
      19 Gade Drive
      Semi-Detached
    • 104 Billington Crescent
      Sold
      Sign in for price
      104 Billington Crescent
      Semi-Detached
    • 459 Ashdale Avenue
      Sold
      Sign in for price
      459 Ashdale Avenue
      Semi-Detached
    • 214 Divadale Drive
      Sold
      Sign in for price
      214 Divadale Drive
      Semi-Detached
    • 22 Picola Court
      Sold
      Sign in for price
      22 Picola Court
      Semi-Detached
    • 52 Gillespie Avenue
      Sold
      Sign in for price
      52 Gillespie Avenue
      Semi-Detached
    AddressBd / BaSqftSold$/sqft% of askSold
    116 Lee AvenueThis home4 / 420,002,500$2,698,000ask———
    19 Gade Drive3 / 21,100—
    104 Billington Crescent3 / 21,100—
    Sold prices are hidden under TRREB rules. Sign in to reveal them.

    More semi-detacheds in Toronto

    Active listings within ±20% of this asking price.

    • 38 Shaftesbury Avenue
      $2,749,000
      38 Shaftesbury Avenue
      Semi-Detached 3 4
    • 12 Macdonell Avenue
      $2,499,900
      12 Macdonell Avenue
      Semi-Detached 4 6
    • 107A Scollard Street
      $2,599,000
      107A Scollard Street
      Semi-Detached 4 3
    • 92 Balmoral Avenue
      $2,688,000
      92 Balmoral Avenue
      Semi-Detached 3 5
    • 127 Glenvale Boulevard
      $2,199,888
      127 Glenvale Boulevard
      Semi-Detached 3 3
    • 1 Thurloe Avenue
      $2,875,000
      1 Thurloe Avenue
      Semi-Detached 3 4
    AI-first listing data

    Zara's valuation, full price history, room insights, and live MLS® refresh — all in one feed. No more comparing 4 sites.

  14. One team, no handoffs

    Your realtor, mortgage broker, and offer-night closing team work side-by-side. One conversation, not three.

  15. Showings on YOUR schedule

    Same-day showings for shortlisted homes, evenings + weekends. Your Coldwell Banker Summit Realty agent coordinates with the listing brokerage.

  16. Mortgage that closes

    Pre-approval, rate hold, and 350+ lender access via Mortgage Squad Advisors — no juggling lender chats yourself.

  17. Public listing courtesy of SAGE REAL ESTATE LIMITED · displayed on Summitly per MLS® data-share rules

    116 Lee Avenue is a 4-bedroom, 4-bath, 2000-2500 sqft. Full room dimensions and floor breakdown are in the 'Rooms' section of this page.

  18. When was 116 Lee Avenue built?

    The year built for 116 Lee Avenue isn't published in this MLS® feed — ask a Summitly realtor for the construction year from the seller's disclosure.

  19. What is the property tax for 116 Lee Avenue?

    The 'Property tax' tab in the History section shows the most recent annual tax for 116 Lee Avenue plus a 5-year breakdown with YoY % change. Monthly equivalent is shown alongside.

  20. How much would the monthly mortgage be on 116 Lee Avenue?

    The affordability calculator on this page shows an estimated monthly mortgage for $2,698,000 at 20% down, 25-year amortization, and 5.5% rate. Adjust the sliders to model your own down payment and rate.

  21. Has 116 Lee Avenue been sold before?

    The 'Listing history' tab above lists every previous MLS® listing of 116 Lee Avenue with its list date, sold price (when sold), and final status. Each row is colour-coded with price-change arrows.

  22. What neighbourhood is 116 Lee Avenue in?

    116 Lee Avenue is in The Beaches, Toronto. The 'Neighbourhood' section below links to the live Toronto real estate hub with average sold price, days on market, and current inventory.

  23. Is Toronto a good place to live?

    Toronto is one of ON's actively-tracked Summitly markets. The full Toronto real estate hub covers live average sold price, days on market, and neighbourhood-level inventory.

  24. 459 Ashdale Avenue
    3 / 1
    700
    —
    214 Divadale Drive3 / 41,500—
    22 Picola Court3 / 31,100—
    52 Gillespie Avenue3 / 31,100—