$2,628,000
116 Lee Avenue, Toronto, ON M4E 2P3
The Beaches · Toronto · M4E 2P3
Listing brokerage: SAGE REAL ESTATE LIMITED
- Beds
- 4+1
- Baths
- 4
- Sq ft
- 2000–2500
- Parking
- 2
Monthly costs
Property taxes
$636/mo
$7,631 a year (2025)
The home
- Lot size
- 25 × 102 ft
- Style
- 2-Storey
- Basement
- Finished, Separate Entrance
- Parking
- 2 spots · Built-In
- Faces
- West
- Heating · cooling
- Forced Air, Central Air
- Possession
- TBD
About this home
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.
All details22 more from the listing · Interior, Heating, Parking, Exterior, Utilities, Taxes, Listing
Interior
- Bedrooms
- 4+1
- Bathrooms
- 4
- Kitchens
- 1
- Rooms
- 9
- Den / family room
- Yes
- Size
- 2000-2500 sq ft
- Fireplace
- Yes
Features
- Other
Heating & Cooling
- Heat source
- Gas
Parking
- Covered spaces
- 1
Exterior & Lot
- Exterior
- Other
- Roof
- Asphalt Shingle
- Foundation
- Concrete
Utilities
- Sewer
- Sewer
Taxes & Fees
- HST
- Included In
Listing
- MLS® number
- E13707038
- Type
- Semi-Detached
- Transaction
- For Sale
- Neighbourhood
- The Beaches
- Cross streets
- Lee/Queen
- Co-listing brokerage
- SAGE REAL ESTATE LIMITED
Rooms · 13Dining Room, Living Room, Kitchen, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Recreation, Washroom ×4
Dining Room
Main
2.73 × 5.11 m · 8′11″ × 16′9″
Pantry, Wall Sconce Lighting, Wet Bar
Living Room
Main
3.72 × 5.30 m · 12′2″ × 17′5″
Open Concept, Pot Lights, W/O To Yard
Kitchen
Main
2.91 × 7.82 m · 9′7″ × 25′8″
Stainless Steel Appl, Breakfast Bar, Open Concept
Primary Bedroom
Second
4.21 × 5.50 m · 13′10″ × 18′1″
5 Pc Ensuite, Sliding Doors, Heated Floor
Bedroom 2
Second
3.73 × 3.64 m · 12′3″ × 11′11″
Window, Double Closet, Pot Lights
Bedroom 3
Second
3.12 × 3.55 m · 10′3″ × 11′8″
Large Window, Double Closet, Pot Lights
Bedroom 4
Second
3.01 × 3.40 m · 9′11″ × 11′2″
Double Closet, Pot Lights, Hardwood Floor
Bedroom 5
Lower
2.86 × 4.90 m · 9′5″ × 16′1″
Window, Closet, Pot Lights
Recreation
Lower
3.64 × 4.80 m · 11′11″ × 15′9″
Wet Bar, Pot Lights, Electric Fireplace
2-piece washroom
Main
5-piece washroom
Second
4-piece washroom
Second
3-piece washroom
Lower
History
Past listings and sales for this home and building.
Location
116 Lee Avenue, Toronto, ON M4E 2P3 · Near Lee/Queen
Monthly cost
Estimated monthly cost
$12,272/mo
- Mortgage
- $11,636
- Property tax
- $636
Amortization
Estimate only, for illustration. Includes mortgage default insurance when less than 20% is put down. Speak with a lender for an exact figure.
Cash to close
Cash to close
$632,076
$525,600 down + $106,476 to $107,726 in closing costs
- Ontario land transfer tax
- $52,175
- Toronto land transfer tax
- $52,175
- Legal fees and disbursements
- $1,500 to $2,500
- Title insurance
- $250 to $500
- Property tax adjustment
- $376
Estimate only, not legal or tax advice. Rates as of 2026-10-14 from Ontario, City of Toronto and CMHC published rates. Legal and title figures are typical ranges. Adjustments assume the seller prepaid the closing month. First-time rebates have eligibility rules; confirm with your lawyer.
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$2,628,000
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