$1,269,900 - 127 Lee Avenue, The Beaches
Semi-Detached for Sale in The Beaches
Popular Listing- MLS Number
- E13232702
- Property Type
- Semi-Detached
- Status
- active
- Days on Site
- 13
- Bedrooms
- 4
- Bathrooms
- 4
- Square Feet
- 1,500 - 1,999 sqft
- Neighbourhood
- The Beaches / Upper Beaches
- Listing Brokerage
- HOMELIFE/RESPONSE REALTY INC.
Located on a picturesque tree-lined street in the heart of The Beaches, this spacious 3 storey semi-detached home offers exceptional versatility for investors, multi-generational families, or buyers seeking strong income potential. Currently configured as two self-contained apartments with separate hydro meters, this well-maintained property provides flexible living arrangements in one of Toronto's most sought-after neighbourhoods. The main floor and basement suite features generous principal rooms, laminate flooring throughout, a spacious eat-in kitchen, large living areas, and a finished lower level complete with rec room, sauna, full washroom, and walk-out to the private backyard. The expansive upper suite spans the second and third floors and includes a beautifully converted kitchen, two spacious bedrooms, a full washroom, and an incredible finished attic loft featuring an additional full washroom, separate washer and dryer, and oversized family room offering endless possibilities for additional living space, a home office, studio, or potential additional bedroom configuration. This charming brick home offers excellent curb appeal, private parking, and outstanding functionality just steps to Woodbine Beach, Kew Gardens, Queen Street East shops, cafés, restaurants, transit, parks, and top-rated schools. A rare opportunity to own a versatile income-generating property in one of Toronto's most desirable beachside communities.
Estimate your monthly payments for this property
Estimated Payment
$5,617.20/mo
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Discover The Beaches / Upper Beaches
The Beaches / Upper Beaches is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in The Beaches / Upper Beaches
- •Convenient location in The Beaches / Upper Beaches
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
The Beaches / Upper Beaches offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
127 Lee Avenue, The Beaches / Upper Beaches
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Monthly Cash Flow Breakdown
Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Fair Market Value
At $847/sqft, this property is priced in line with current The Beaches market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.
Detached Home Advantages
Detached homes in The Beaches are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.
Family-Friendly Layout
4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to The Beaches. Good resale value as demand remains consistent.
Bathroom Count Matters
With 4 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.
Investment Perspective
Looking at this as an investment: The Beaches properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $5,291 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.
Let's See It Together
Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.