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Key Facts
Key facts for 97 Lee Ave
Property Type
Apartment, 3-Storey
Parking
None 0 garage, 10 parking
MLS #
E7220020
Size
-
Basement
Apartment
Listed on
2023-10-16
Lot size
75 x 125.00
Tax
$21,542 /yr
Days on Market
50
Approximate Age
-
Maintenance Fee
-
Description
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 (2021-23). With millions invested, 65% of the property's square footage has been meti...culously 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. **** Extras **** Suites 1,3,4,8 were completely remodeled to luxury status (2021-2023). Suite 6 has provided N11 form and will be moving out soon presenting a unique rear Suite with private entrance that is expected to boost ROI post a luxury renovation.
