$1,500,000 - 199 Lee Avenue, The Beaches
Semi-Detached for Sale in The Beaches
42 days on market- MLS Number
- E13086158
- Property Type
- Semi-Detached
- Status
- active
- Days on Site
- 42
- Bedrooms
- 4
- Bathrooms
- 2
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- The Beaches / Upper Beaches
- Listing Brokerage
- REAL ESTATE HOMEWARD
From the moment you pause on the front porch sundeck to enjoy the meticulous landscaping in the front yard, you know that something special awaits you at 199 Lee. Prime Beach with over 2,000 square feet of luxurious living over three levels, this home has been meticulously crafted to provide balm for the soul. The enclosed porch, perfect for shedding the bustle of the city or as a parking spot for a stroller, allows you to leave the outside, outside. Inside you'll find a stunning open concept space bathed in natural light. The centrally located chef's kitchen with breakfast bar allows for easy flow from culinary creation to considered chill in the combined living/dining space nearby. Beyond the kitchen via a double sliding french door lies a true delight, a large family room. Flooded in light from three large skylights, this room leads not only to a staircase downstairs, but also has a double patio door walkout to a gorgeous backyard oasis. Back inside, the upper level has three bedrooms with built-in shelving and closets in all the right places, as well as a well-appointed four piece bathroom. Downstairs on the lower level, another recreation space awaits, as well as a fourth bedroom, lovely three piece washroom, full laundry, and side storage area with easy conversion to a second kitchen (nanny suite/rental potential anyone?).Steps to Glen Ames, Beaches Rec Centre, Kew Gardens, and all this incredible area has to offer. This home just feels like that. Home. Make it yours. Open House Sat/Sun 2-4
Estimate your monthly payments for this property
Estimated Payment
$6,635.01/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.
199 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
Premium Pricing
At $1364/sqft, this property is priced above the The Beaches average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.
Market Position
At 42 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.
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.
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 $6,250 (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.