97 Lee Ave is a 9-bedroom, 11-bathroom multiplex in Toronto, listed for $8,449,000. It has 5000 + sq ft of living space.
1Boutique living redefined in the heart of the Beaches.
2Tenants desire large multi-level lofts, complete privacy, luxury renos, with surface parking and no elevators!
3Nestled 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.
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.
9 bedrooms, 11 bathrooms, about 5,000 sq ft, works out to roughly $1,690 per square foot, the bed-to-bath ratio is generous. Chat with Zara if you'd like a deeper read on whether this multiplex fits your budget and timing.
Inside 97 Lee Ave
Every detail from the listing, in one place.
Type
Multiplex
Style
3-Storey
Living space
5000 + sq ftas stated on the listing
Lot size
75.00 x 125.00 Feet
Parking
10 spaces
Basement
Apartment
Features & systems
Parking & garage
Parking spaces
10
Interior
Basement
Apartment
Lot & land
Lot dimensions
75.00 x 125.00 Feet
Lot size (sqft)
0
Listing & possession
Property style
3-Storey
Property class
Multiplex
97 Lee Ave Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® E13780770$8,449,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 97 Lee Ave Compares to the Toronto Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$41,507
/mo
based on the purchase price of $8,449,000
$1,689,800 cash
$6,759,200 financed
$5,693,021 total interest
Principal54%$6,759,200
Interest46%$5,693,021
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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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.
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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. 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.
Keep looking near 97 Lee Ave
Homes for sale in Toronto
Every active Toronto MLS® listing, updated all day.
Average days on market32Homes sold in about 32 days on average.
Sale-to-list ratio5192.3%On average, homes sold at or above asking.
Active listings12,478Homes for sale here right now.
Median vs prior 90 days+0.5%Compared with May 11 – Aug 9, 2026: prices up.
Based on 9,129 sales from Aug 9 – Nov 7, 2026 (7,132 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
97 Lee Ave is listed at $8,449,000 (MLS® E13780770). Summitly updates the price as soon as the MLS® record changes.
Is $8,449,000 a good price for 97 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 97 Lee Ave changed?
No — 97 Lee Ave is still listed at its original asking price of $8,449,000.
How many bedrooms and bathrooms does 97 Lee Ave have?
97 Lee Ave has 9 bedrooms and 11 bathrooms, with about 5,000 square feet of living space. It is a multiplex in Toronto.
Is 97 Lee Ave close to transit?
The nearest rapid-transit station is Danforth GO Station (Lakeshore East GO), about 1.7 km (about a 22-minute walk) in a straight line. Main Street Station is about 2.0 km, and Woodbine Station is about 2.1 km. Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
How much would the monthly mortgage be on 97 Lee Ave?
About $41,507 a month — principal and interest on $8,449,000 with 20% down ($1,689,800), 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 97 Lee Ave compare with other homes in Toronto?
Its asking price of $8,449,000 is about 901% above the median sold price in Toronto over the last 90 days, $844,000, across 9,129 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 97 Lee Ave been sold before?
Summitly has no earlier MLS® sale or lease of 97 Lee Ave on record from the last two years. Older records aren't shown under TRREB rules.
Where is 97 Lee Ave?
97 Lee Ave is in Toronto, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 97 Lee Ave been on the market?
54 days — 97 Lee Ave was listed on September 14, 2026.
What is the price per square foot of 97 Lee Ave?
About $1,690 per square foot: the asking price of $8,449,000 over the 5,000 sq ft the listing gives.
