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Hamza Nouman, REALTOR®
116 Lee Avenue — property photo
1 / 55 — Click to enlarge
2.1

116 Lee Avenue, Toronto E02

Toronto E02

$2,698,000

Semi-Detached 5 bed / 4 bath23 DOM~2,250 sqft
Legal Suite

Cash flow, cap rate & mortgage breakdown

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Listed by SAGE REAL ESTATE LIMITED

Investment Analysis

Key Facts

Type

Semi-Detached

Bedrooms

5

Bathrooms

4

Days on Market

23

Price Drop

None

Year Built

N/A

Status

Active

Basement Income

Legal Suite (+$1,400/mo)

Rent Estimate

Main unit (4 bed)$5,600/mo
Legal suite (1 bed)$1,400/mo
Total Est. Rent$7,000/mo

Estimated from market price-to-rent ratios

Remarks

Welcome to 116 Lee Avenue, an extraordinary custom 25ft wide residence in the heart of The Beaches, ideally located just steps to Queen Street & waterfront, completely redesigned & rebuilt by Denali Design Build. This exceptional 4+1 bedroom, 4 bathroom home offers approx 3,220 sqft. of total finished living space across three beautifully redesigned levels, showcasing exceptional craftsmanship, and premium finishes throughout. ** PARTY WALL SEVERED ON MAIN AND UPPER LEVEL (making it feel more like a detached home) finished independent of adjoining property. The open concept featuring a custom DJL Kitchens chef's kitchen with Taj Mahal Brazilian Quartzite countertops and backsplash, premium Thermador Professional appliances, an oversized waterfall island, and a custom butler's pantry w/ wet bar and bev fridge. Living features a custom entertainment wall and an impressive 8' x 8' trifold glass wall with Phantom screen, opening seamlessly to the covered rear deck and landscaped backyard. The second level offers four spacious bedrooms, including a luxurious primary retreat with a custom walk-in closet and spa-inspired 5-piece ensuite with heated floors, freestanding soaker tub, double vanity, and oversized glass rain shower. Professionally underpinned with nearly 8.5-foot ceilings, the finished lower level offers exceptional flexibility with a large recreation room, custom built-ins, wet bar, fifth bedroom, full bathroom, separate laundry room, and direct garage access-ideal for an in-law or nanny suite. No expense was spared, with extensive upgrades including European White Oak engineered hardwood flooring, custom millwork, floor to ceiling solid-core doors, designer lighting and fixtures, new electrical, plumbing, HVAC, Spray foam insulation, windows, roof, & waterproofing, 5 min to Boardwalk, parks, top-rated schools, cafes, restaurants, and transit, this is a rare opportunity to own a truly turnkey luxury home in one of Toronto's most sought-after neighbourhoods.

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