$2,628,000
For sale: Semi-Detached/Link

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.
Sold data
Semi-Detached/Link homes in Toronto (The Beaches) took a median of 13 days to sell over the last 90 days, with the quickest quarter selling within 7 days and the slowest quarter taking more than 29, across 610 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 22 days.
The median sale price was $999,000.
Homes sold for about 1.2% below asking on average, so there was room to negotiate.
About 40% of sales closed above the list price.
Around 12% of sellers reduced their price before finding a buyer.
Based on 610 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.
Schools
Toronto (The Beaches) has 529 Fraser Institute–rated schools (425 elementary and 104 secondary), averaging 6.2/10.
School ratings from the Fraser Institute's Ontario school report cards.
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