Name: 116 Lee Avenue
SKU: E13707038
Price: 2628000 CAD
Availability: InStock

4 Bed, 3 Bath Semi-Detached Home in Toronto

About 116 Lee Avenue

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.

4 bedrooms, 3 bathrooms, about 2,000 sq ft, works out to roughly $1,314 per square foot. Chat with Zara if you'd like a deeper read on whether this semi-detached fits your budget and timing.

Inside 116 Lee Ave

Every detail from the listing, in one place.

Type: Semi-Detached
Style: 2-Storey
Living space: 2000-2500 sq ftas stated on the listing
Parking: 2 spacesYes garage
Basement: Finished, Separate Entrance

Features & systems

Parking & garage

Garage: Yes
Parking spaces: 2

Interior

Basement: Finished · Separate Entrance

Lot & land

Lot size (sqft): 0

Listing & possession

Property style: 2-Storey
Property class: Semi-Detached

116 Lee Ave Price & Sale History

Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.

Aug 24, 2026For saleListedThis listingMLS® E13707038$2,628,000

Sourced from MLS®. Includes earlier listings of this property on record.

What's it worth?

How 116 Lee Ave Compares to the Toronto Market

Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.

Zara’s estimate

Well Above Market· based on 15,808 recent sales

Value your own home →How accurate are Zara’s estimates?

Summitly estimate, not from TRREB, the MLS® or the listing brokerage. Not an appraisal. How it works

Toronto market, last 90 days

Median sold price: $849,000
Average sold price: $1,080,618
Average days on market: 31
Homes sold: 9,741

Closed sales on the TRREB MLS®.

Full Toronto market report

Market pulse · Toronto

Toronto market

Median sold price$849,000Last 90 days
Average days on market31Homes sold in about 31 days on average.
Sale-to-list ratio4872.5%On average, homes sold at or above asking.
Active listings12,070Homes for sale here right now.
Median vs prior 90 days+2.9%Compared with Apr 15 – Jul 14, 2026: prices up.

Based on 9,741 sales from Jul 14 – Oct 12, 2026 (6,558 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.

Recently sold nearby in Toronto

Sold prices are shown free to signed-in members, as board rules require.

6 nearby sales vs. this home

Closed sales from MLS®, compared with this home's asking price.

See what these homes actually sold for

Free with a Summitly account. Sign in once and sold prices unlock across the site.

Home	Sold price	$ / sqft	% of asking	Sold
This home116 Lee Avenue 4 bd · 3 ba · 2,000 sqft	$2,628,000asking	$1,314	—	—
454 Brock Avenue 3 bd · 2 ba · 1,100 sqft
52 Daleside Crescent 3 bd · 2 ba · 1,100 sqft
509 Crawford Street 3 bd · 2 ba · 1,100 sqft
1176 Shaw Street 4 bd · 3 ba · 1,500 sqft
30 Stanbridge Court 3 bd · 2 ba · 1,100 sqft
20 Stephenson Avenue 3 bd · 2 ba · 1,100 sqft

454 Brock Avenue
3 bd · 2 ba · 1,100 sqft
52 Daleside Crescent
3 bd · 2 ba · 1,100 sqft
509 Crawford Street
3 bd · 2 ba · 1,100 sqft
1176 Shaw Street
4 bd · 3 ba · 1,500 sqft
30 Stanbridge Court
3 bd · 2 ba · 1,100 sqft
20 Stephenson Avenue
3 bd · 2 ba · 1,100 sqft

Living in Toronto: Location & Amenities

Transit, schools, parks and everyday places near this home. Select any place to open it on Google Maps.

Transit nearby

Stations and stops, straight-line distance

Danforth GO StationLakeshore East GO1.7 km21 min walk
Main Street StationLine 22.0 km25 min walk
Woodbine StationLine 22.0 km25 min walk

Places from OpenStreetMap (© OpenStreetMap contributors) and Summitly's station list. Distances are straight-line, not routes.

Loading schools, parks, groceries and more nearby…

Transit

Danforth GO Station (Lakeshore East GO)21 min walk
Main Street Station (Line 2)25 min walk
Woodbine Station (Line 2)25 min walk

Nearest subway, GO and LRT stations first, then bus and streetcar stops.

Danforth GO Station
1.7 km21 minClosest· Lakeshore East GO
Homes near Danforth GO Station
Main Street Station
2.0 km25 min· Line 2
Homes near Main Street Station
Woodbine Station
2.0 km25 min· Line 2
Homes near Woodbine Station

Straight-line distances from the listing; walking times assume about 80 m a minute. Places © OpenStreetMap contributors, a community-maintained map that may miss or misplace some places. Directions and place details open on Google Maps.

How long is your commute?

From 116 Lee Ave. Typical times without traffic delays; transit times aren't available yet.

Costs, Mortgage & Rental Return for 116 Lee Ave

What it could cost each month, today's rates from our mortgage partner, and what it could return as a rental.

Mortgage: $12,911; 20% down · 25 years · 5.5% assumed
Property tax: $1,445; 0.66% mill rate · ON
Total per month: $14,356; Before utilities, insurance and fees

Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.

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Monthly cost

Enter a rate to see the monthly cost

Down payment

Rate (%)

Years

An estimate, not a quote. Utilities and insurance are extra.

Affordability calculator

Estimated monthly payment

$12,911

/mo

based on the purchase price of $2,628,000

Down payment20%

$525,600 cash

Amortization25 yr

$2,102,400 financed

Rate5.50%

$1,770,773 total interest

Principal54%$2,102,400

Interest46%$1,770,773

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

Want rate-drop alerts and a saved shortlist?

Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.

Rental income potential

Est. monthly rent

low–high

Gross yield

rent × 12 ÷ price

Cap rate (est.)

net of tax + fees

Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.

Book a tour of 116 Lee Ave with a licensed buyer's agent

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Zara · AI virtual agent

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A licensed local agent

Your agent shows you the home, checks the paperwork and negotiates your offer, on your side, not the seller's.

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Questions About 116 Lee Ave

How much is 116 Lee Ave listed for?

116 Lee Ave is listed at $2,628,000 (MLS® E13707038). Summitly updates the price as soon as the MLS® record changes.

Is $2,628,000 a good price for 116 Lee Ave?

Summitly rates it Well Above Market: the asking price is 15% or more above Zara's estimate, an estimate built from recent sales in Toronto. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate

Has the price of 116 Lee Ave changed?

No — 116 Lee Ave is still listed at its original asking price of $2,628,000.

How many bedrooms and bathrooms does 116 Lee Ave have?

116 Lee Ave has 4 bedrooms and 3 bathrooms, with about 2,000–2,500 square feet of living space. It is a semi-detached home in Toronto.

Is 116 Lee Ave close to transit?

The nearest rapid-transit station is Danforth GO Station (Lakeshore East GO), about 1.7 km (about a 21-minute walk) in a straight line. Main Street Station is about 2.0 km (about a 25-minute walk), and Woodbine Station is about 2.0 km (about a 25-minute walk). Distances are straight-line, not walking routes; check the transit agency for routes and schedules.

How much would the monthly mortgage be on 116 Lee Ave?

About $12,911 a month — principal and interest on $2,628,000 with 20% down ($525,600), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.

How does 116 Lee Ave compare with other homes in Toronto?

Its asking price of $2,628,000 is about 210% above the median sold price in Toronto over the last 90 days, $849,000, across 9,741 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.

Has 116 Lee Ave been sold before?

Summitly has no earlier MLS® sale or lease of 116 Lee Ave on record from the last two years. Older records aren't shown under TRREB rules.

Where is 116 Lee Ave?

116 Lee Ave is in Toronto, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.

How long has 116 Lee Ave been on the market?

49 days — 116 Lee Ave was listed on August 24, 2026.

What is the price per square foot of 116 Lee Ave?

About $1,051 to $1,314 per square foot: the asking price of $2,628,000 over the 2,000–2,500 sq ft the listing gives as its size range.

Does 116 Lee Ave have parking or a garage?

Yes — the listing gives 2 parking spaces. Garage: Yes.

116 Lee Ave, Toronto

What you should know

4 Bed, 3 Bath Semi-Detached Home in Toronto

About 116 Lee Avenue

Inside 116 Lee Ave

Features & systems

116 Lee Ave Price & Sale History

How 116 Lee Ave Compares to the Toronto Market

Toronto market, last 90 days

Recently sold nearby in Toronto

Living in Toronto: Location & Amenities

How long is your commute?

Costs, Mortgage & Rental Return for 116 Lee Ave

Monthly cost of owning

Mortgage payments

Monthly cost

Rental income potential

Own a home on Lee Avenue? See what yours is worth

Zara, any time

A licensed local agent

See 116 Lee Ave, Toronto in person

Similar homes for sale nearby in Toronto

Explore More Semi-Detached Homes in Toronto

4 Bed, 3 Bath Semi-Detached Home in Toronto

About 116 Lee Avenue

Inside 116 Lee Ave

Features & systems

116 Lee Ave Price & Sale History

How 116 Lee Ave Compares to the Toronto Market

Toronto market, last 90 days

Market pulse · Toronto

Recently sold nearby in Toronto

Living in Toronto: Location & Amenities

Transit nearby

Transit

How long is your commute?

Costs, Mortgage & Rental Return for 116 Lee Ave

Monthly cost of owning

Mortgage payments

Monthly cost

Rental income potential

Own a home on Lee Avenue? See what yours is worth

Zara, any time

A licensed local agent

See 116 Lee Ave, Toronto in person

Questions About 116 Lee Ave

How much is 116 Lee Ave listed for?

Is $2,628,000 a good price for 116 Lee Ave?

Has the price of 116 Lee Ave changed?

How many bedrooms and bathrooms does 116 Lee Ave have?

Is 116 Lee Ave close to transit?

How much would the monthly mortgage be on 116 Lee Ave?

How does 116 Lee Ave compare with other homes in Toronto?

Has 116 Lee Ave been sold before?

Where is 116 Lee Ave?

How long has 116 Lee Ave been on the market?

What is the price per square foot of 116 Lee Ave?

Does 116 Lee Ave have parking or a garage?

Similar homes for sale nearby in Toronto

Explore More Semi-Detached Homes in Toronto

Market pulse · Toronto

Transit nearby

Transit

Questions About 116 Lee Ave

How much is 116 Lee Ave listed for?

Is $2,628,000 a good price for 116 Lee Ave?

Has the price of 116 Lee Ave changed?

How many bedrooms and bathrooms does 116 Lee Ave have?

Is 116 Lee Ave close to transit?

How much would the monthly mortgage be on 116 Lee Ave?

How does 116 Lee Ave compare with other homes in Toronto?

Has 116 Lee Ave been sold before?

Where is 116 Lee Ave?

How long has 116 Lee Ave been on the market?

What is the price per square foot of 116 Lee Ave?

Does 116 Lee Ave have parking or a garage?