MLS® listing
116 Lee Avenue: semi-detached house for sale
$2,628,000
From the listing brokerage
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.
Facts on the listing
| Square feet | 2000-2500 |
|---|---|
| Style | 2-Storey |
| Basement | Finished, Separate Entrance |
| Lot width | 25 |
| Lot depth | 102 |
| Lot measured in | Feet |
| Faces | West |
| Parking spaces | 2 |
| Garage | Built-In |
| Heating | Forced Air |
| Cooling | Central Air |
| Kitchens | 1 |
| Property tax | $7,631 |
| Tax year | 2025 |
| Interior features | Other |
| Features | Beach, Fenced Yard, Hospital, Library, Park, Place Of Worship |
Listing courtesy of SAGE REAL ESTATE LIMITED. MLS® E13707038.
About this semi-detached house
116 Lee Avenue is a 5 bedroom semi-detached house in TRREB's The Beaches community in Toronto, listed for sale at $2,628,000. The listing shows 4 bathrooms and 2000-2500 square feet. The style is given as 2-storey. The lot is listed as 25 by 102 feet. The listing gives the basement as finished, separate entrance. It comes with 2 parking spaces and a built-in garage according to the listing. The nearest main intersection given is Lee/Queen.
These details come from the listing brokerage through TRREB's MLS® System. Room sizes, the lot, the taxes and what is included in the sale should all be confirmed before an offer is firm.
What it costs to buy 116 Lee Avenue
At the asking price of $2,628,000, a buyer pays two land transfer taxes on closing: the Ontario tax and the City of Toronto's municipal tax. Both apply to every home inside the City.
| Asking price | $2,628,000 |
|---|---|
| Ontario land transfer tax | $52,175 |
| Toronto municipal land transfer tax | $52,175 |
| Both taxes | $104,350 |
| First-time buyer relief, if you qualify | up to $8,475 |
| Minimum down payment | $525,600 |
The down payment figure is the federal minimum: 20 percent, because a home at $1.5 million or more cannot carry mortgage default insurance. A lender can ask for more. These figures use the asking price, so they change if you pay more or less. The rates above $2,000,000 used here are the ones for a home with one or two single family residences. A property with more units is taxed differently. Legal fees, title insurance and adjustments are extra: ask your lawyer for a written quote. This is general information, not legal or tax advice. Confirm the figures with a lawyer or accountant. You can change the price in our land transfer tax calculator and our mortgage calculator.
What it costs to own each month
| Property tax (2025) | $7,631 a year, about $636 a month |
|---|
That is before a mortgage payment, home insurance and utilities. The listing shows no monthly maintenance fee, so upkeep of the building and the lot is the owner's own cost.
How the asking price compares
TRREB recorded 159 semi-detached house sales in the City of Toronto in August 2026, at a median price of $981,000 and an average of $1,110,639. This home is listed at $2,628,000, which is $1,647,000 above that median.
The median covers every neighbourhood, size and condition in the City of Toronto, so it is a reference point and not a valuation of this home. Location, size, lot, parking and condition all move the price. Our Toronto house prices page has the figures for every home type.
What to check before you make an offer
- Book a home inspection. An inspector looks at the roof, foundation, wiring, plumbing and heating. The listing gives the heating as forced air.
- Have a lawyer search the title. A title search shows mortgages, liens and easements registered against the property. Ask whether a survey exists and whether it matches the lot on the listing, 25 by 102 feet.
- Ask about permits. Ask which renovations had building permits and whether those permits were closed.
- Confirm what is included. Appliances, light fixtures and window coverings are included only if the agreement says so. Ask whether the water heater or furnace is rented.
- Get your financing in writing. A lender looks at the property tax and heating costs as well as the price.
- See it in person. The listing has a virtual tour, but photos do not show noise, light at different hours or the state of the street and the homes beside it.
Our first-time home buyer guide and our page for buyers walk through each step. This is general information, not legal advice. Confirm the details with a lawyer.
About The Beaches
A house-led lakefront neighbourhood in the east end, served by the Queen and Kingston Road streetcars rather than the subway. Most sales are detached and semi-detached houses.
Transit: 501 Queen and 503 Kingston Rd streetcars; 64 Main, 92 Woodbine South and 22 Coxwell buses; Line 2 Bloor Danforth at Main Street and Woodbine stations to the north; Danforth GO (Lakeshore East and Stouffville lines) at 213 Main Street
| Property type | Median | Sales and average |
|---|---|---|
| All property types | $1,600,000 | 70 sales, average $1,785,961 |
| Detached | About $2,368,000 | 32 sales, average about $2,397,000 |
| Semi-detached | About $1,350,000 | 23 sales, average about $1,396,000 |
| Freehold townhouse (TRREB att/row/townhouse) | About $1,544,000 | 4 sales, average about $1,410,000 |
| Condo apartment | About $900,000 | 7 sales, average about $1,088,000 |
Source: TRREB community housing market reports, as set out in the guide.
Questions about The Beaches
Is The Beaches a good place to live?
On housing and amenities it is a house-led market beside the lake, with four City parks, a recreation centre and a library branch on Queen Street East. The trade-off is transit, since the nearest subway stations are Main Street and Woodbine on Line 2, reached by bus.
How much is a house in The Beaches?
From April to June 2026 the detached median was about $2,368,000 across 32 sales and the semi-detached median about $1,350,000 across 23 sales (TRREB). The all property types median was $1,600,000 across 70 sales.
Is there a subway in The Beaches?
No. The 64 Main and 92 Woodbine South buses run north to Main Street and Woodbine stations on Line 2 Bloor Danforth. The 501 Queen and 503 Kingston Rd streetcars also serve the area (TTC).
Are there condos in The Beaches?
A few. TRREB recorded 7 condo apartment sales from April to June 2026 at a median of about $900,000. In the 2021 Census only 7.6% of households lived in apartment buildings of five or more storeys.
Is The Beaches a heritage conservation district?
Part of it is. The City of Toronto designated the Kingswood Road South heritage conservation district in 2010, in the Balmy Beach area. Check whether a specific address falls inside it before planning exterior changes.
Is there a GO station near The Beaches?
Danforth GO station, at 213 Main Street beside Main Street subway station, is on the Lakeshore East and Stouffville lines (TTC).
Read the The Beaches neighbourhood guide · All The Beaches homes for sale
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Questions about 116 Lee Avenue
How much is land transfer tax on 116 Lee Avenue?
At the asking price of $2,628,000 the Ontario tax is $52,175 and the Toronto tax is $52,175, $104,350 in total. A first-time buyer who qualifies can get up to $8,475 back. Confirm the final figures with your lawyer.
What is the minimum down payment for 116 Lee Avenue?
$525,600 at the asking price of $2,628,000, under the federal minimum down payment rules. A lender may require more.
How much is the property tax on 116 Lee Avenue?
The listing shows $7,631 a year for 2025, about $636 a month.
Is 116 Lee Avenue priced above or below the median?
It is listed at $2,628,000. The August 2026 median for semi-detached house sales in the City of Toronto was $981,000 across 159 sales, so the asking price is $1,647,000 higher. The median covers all sizes and neighbourhoods.
How do I book a showing for 116 Lee Avenue?
Use the form on this page or call us. Quote MLS® E13707038. We will confirm the listing is still available and arrange a time with the listing brokerage.
Is 116 Lee Avenue still for sale?
This page is refreshed from TRREB's MLS® System through the day. If the listing sells or is withdrawn the page says so. Contact us to confirm before you make plans.
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