1 / 2597 LEE AVENUE
Toronto (The Beaches), Ontario, M4E2P2
$8,474,000
Bathrooms
11
Living area
11,232 square feet
Parking
10
About this property
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. (id:66779)
Details
- Sewer
- Storm sewer
- Cooling
- Fully air conditioned
- Heating
- Baseboard heaters
- List aor
- Toronto
- Appliances
- Washer, Dishwasher, Dryer, Window Coverings, Water Heater
- Directions
- Cross Streets: Queen St. E & Lee Ave. ** Directions: Just North of Queen St. E & Lee Ave.
- Fireplace
- No
- Water source
- Municipal water
- Structure type
- Multi-Family
- Tax annual amount
- 22,203.33
- Lot size dimensions
- 75 x 125 FT
- Zoning description
- Multi-Residential
- Property attached
- Yes
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