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.
Gas or electric not specified; property has heating and cooling systems
Fireplace present
Basement apartment
Heating & cooling
Wall-mounted air conditioning units
Electric baseboard heating
Exterior features
No pool
Property faces west
Lot approximately 75 x 125 ft
Zoned for multi-residential use
Home design
Residential income property (multi-family / multiplex)
Three-storey building
Parking
Private parking with a total of 10 spaces
Construction
Brick construction
Membrane roof
Utilities
Public water
Sale and tax history for 97 Lee Ave
Sale History
Tax History
Date
Event
Price
TREB #E13780770
Sep 14, 2026
Listed
$8,449,000
TREB #E12685388
Jun 12, 2026
Delisted
—
Jan 12, 2026
Listed
$8,499,000
+39
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.
TREB #E12448032
Jan 12, 2026
Delisted
—
Oct 6, 2025
Listed
$8,524,000
TREB #E12009935
Aug 11, 2025
Delisted
—
Mar 10, 2025
Listed
$8,599,000
TREB #E11823789
Jan 29, 2025
Delisted
—
Dec 2, 2024
Listed
$8,749,000
TREB #E9372819
Nov 29, 2024
Delisted
—
Nov 11, 2024
Price Changed
$8,499,000
Nov 1, 2024
Listed
$8,299,000
Nov 1, 2024
Delisted
—
Sep 29, 2024
Listed
$8,299,000
TREB #E9229592
Jul 29, 2024
Listed
$7,999,995
As the MLS and public records start to fill up, we'll list the details here.
Public record
Beds
—
Baths
—
Stories
—
Lot width
—
Lot depth
—
Lot size
—
Year renovated
—
Finished Sq. Ft.
—
Unfinished Sq. Ft.
—
Total Sq. Ft.
—
Year built
—
Style
Single Family Residential
Region
Parking Spaces
—
Basement
—
Accessible
—
Maintenance Fees
—
Garage
—
Features
—
Last updated by owner on Aug 9, 2023.
Tour for free, no strings attached
Make a winning offer with the help of a local agent