$1,899,999 - 273 Lee Avenue, The Beaches
Detached for Sale in The Beaches
- MLS Number
- E13218676
- Property Type
- Detached
- Status
- active
- Days on Site
- 16
- Bedrooms
- 4
- Bathrooms
- 3
- Square Feet
- 2,500 - 2,999 sqft
- Neighbourhood
- The Beaches / Upper Beaches
- Listing Brokerage
- UNION REALTY BROKERAGE INC.
A custom built Prime Beach home designed for the professional couple, yet easily adaptable for family living. Featuring higher end finishes, a bright lower-level suite with a separate entrance, professionally landscaped gardens, a versatile detached garage, private two-car parking, and a whole-home water softening system servicing the entire house including the washing machine, plus two reverse osmosis water taps, all just steps to Williamson Road P.S., Glen Stewart Ravine, Queen Street shopping, and the boardwalk. 273 Lee Avenue offers a rare opportunity in the heart of The Beach.The modern open concept main floor features soaring ceilings, solid red oak hardwood floors finished in a beautiful white oak stain, and a chef-inspired kitchen complete with a peninsula island, breakfast bar seating, Fisher & Paykel appliances, custom cabinetry, and quartz countertops. Step out to a private backyard retreat with an expansive deck, lush landscaping, and a professionally installed putting green, an outdoor setting rarely found in the city.At the rear of the property, the oversized detached garage has been transformed into a flexible multi-purpose area currently used as a home gym and workshop, with endless potential for a studio, office, or recreation room.The fully finished basement is seamlessly integrated into the home and provides exceptional flexibility for extended family, guests, a nanny suite, or income potential. Complete with a separate entrance, kitchen, bedroom, bathroom, laundry area, and comfortable living quarters, it offers both functionality and privacy for a variety of lifestyles. In addition, the second floor washroom has already been outfitted with the appropriate plumbing and high-output electrical for a secondary washer and dryer, allowing future owners the convenience of separate laundry facilities should they choose to rent out the basement suite.
Estimate your monthly payments for this property
Estimated Payment
$8,404.34/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.
273 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
Competitive Pricing
At $760/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.
Market Position
At 16 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.
Bathroom Count Matters
With 3 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 $7,917 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.