97 Lee Ave is an 11-bathroom investment in Toronto, listed for $8,449,000.
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.
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Zara is an AI virtual agent. Advisors are licensed REALTORS® at Coldwell Banker Summit Realty, Brokerage.
11 Bath Commercial Property in Toronto
About 97 Lee Avenue
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.
Toronto investment priced at $8,449,000 — book a tour to see if it fits your search.
Inside 97 Lee Ave
Every detail from the listing, in one place.
Type
Investment
Lot size
75.00 x 125.00 Feet
Features & systems
Lot & land
Lot dimensions
75.00 x 125.00 Feet
Lot size (sqft)
0
Listing & possession
Property class
Investment
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® E13780830$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.
Zara’s estimate
$•,•••,•••
Estimated from city-wide sales. There isn’t enough detail on this listing to rate the price.
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.
Average days on market32Homes sold in about 32 days on average.
Sale-to-list ratio5194.5%On average, homes sold at or above asking.
Active listings11,963Homes for sale here right now.
Median vs prior 90 days+0.6%Compared with May 12 – Aug 10, 2026: prices up.
Based on 9,125 sales from Aug 10 – Nov 8, 2026 (7,196 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® E13780830). Summitly updates the price as soon as the MLS® record changes.
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 11 bathrooms. It is a commercial property 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 does 97 Lee Ave compare with other homes in Toronto?
Its asking price of $8,449,000 is about 900% above the median sold price in Toronto over the last 90 days, $844,900, across 9,125 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?
55 days — 97 Lee Ave was listed on September 14, 2026.
What is the lot size of 97 Lee Ave?
The lot measures 75.00 × 125.00 Feet, as published in the listing.
What is the land transfer tax on 97 Lee Ave?
About $581,860 at the asking price of $8,449,000: $197,700 Ontario land transfer tax plus $384,160 Toronto municipal land transfer tax. First-time buyers can get up to $4,000 back from Ontario and up to $4,475 from Toronto. Legal fees and other closing costs are extra.
How do I book a viewing of 97 Lee Ave or make an offer?
Select "Book a viewing" on this page and pick a time. A licensed Coldwell Banker Summit Realty, Brokerage agent confirms it with the listing brokerage. When you're ready, your agent prepares the offer with you and submits it to the listing brokerage.
What is the property tax for 97 Lee Ave?
The listing for 97 Lee Ave doesn't publish the annual property tax. The property tax calculator linked at the foot of this page gives an estimate for Toronto.
