ONTorontoToronto C0228 Macpherson Avenue
28 Macpherson Avenue
Interior view
Interior view
19
New
Multiplex

28 Macpherson Avenue

Toronto C02, ON, M5R 1W8

Residential Freehold
Area
5000 + sq.ft
Bed
18
Bedrooms
Bath
18
Bathrooms
Parking
0
Single Garage

Asking Price

$9,995,000

Property Description

Original Remarks

Compelling opportunity to acquire a well located multi-residential investment asset in one of Toronto's most established and supply constrained neighbourhoods. The building comprises 17 self-contained suites, providing diversified in place income supported by functional unit layouts, good natural light, and consistent rental appeal, resulting in stable occupancy and predictable cash flow. The asset presents multiple value creation pathways for investors, including income optimization through turnover and rent resets, operational efficiencies, targeted capital improvements, and longer term repositioning potential, all subject to applicable municipal approvals. Generous lot size and favourable residential zoning characteristics contribute to future optionality while preserving the existing income profile. Location underpins the investment thesis, with close proximity to transit, major employment nodes, parks, schools, and everyday amenities, driving durable rental demand and limiting downside risk. The surrounding neighbourhood is characterized by strong owner occupancy, limited new rental supply, and continued capital investment, supporting long term rent growth and asset appreciation. Well suited for private investors, family offices, and owner operators seeking a stabilized Toronto rental asset with embedded upside and strategic flexibility. Buyer to independently verify all information to inform their purchase, including but not limited to financial information, unit count, measurements, zoning, permitted uses, retrofit status, and development or expansion potential. Property sold in as is, where is condition, with no representations or warranties of any kind by the Seller or Listing Brokerage.

PROPERTY HISTORY

28 Macpherson Avenue

Type:Multiplex
Style:3-Storey
Size Range:5000 +
Above grade sq.ft.:-
Below grade sq.ft:-
Total sq.ft:-
Listing ID:C12771538
Community:Annex
Days on Market:-
Year Built:-
Age range:-
Basement:Partially Finished
Ownership Type:Residential Freehold
Condo Fee:N/A
Yearly Taxes:$36,973/yr (2025)
Municipality:Toronto C02
Lot Size:48.44 x 120.00 Feet

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