$9,995,000
107.00 BTC
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28 Macpherson Avenue, Toronto
$9,995,000
PRICE
18
BEDROOMS
18
BATHROOMS
C12771538
MLSID

28 Macpherson Avenue, Toronto

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.
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Summary

Address
28 Macpherson Avenue
Community
MLSID
C12771538
Property Type
Multiplex
Property Category
Bedrooms
18
Bathrooms
18
Kitchens
17
Zoning
R(f5;d0.6*892)
Taxes (Annual)
$36,973.00
Tax Year
2025
Published
February 9, 2026
Days on Market
8 Days
Possession Type
Flexible
Possession Details
30-60 Days
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Inclusions

See schedule E

Exclusions

See Schedule E

Details

Property Features
Public Transit, Place Of Worship, Library, Park
Bathroom 1
3-Piece Ground Level
Bathroom 2
3-Piece Second Level
Bathroom 3
3-Piece Third Level
Bathroom 4
5-Piece Upper Level
Basement
Partially Finished
Exterior Features
Landscaped, Lighting, Controlled Entry
Interior Features
Storage, Other
Parking Features
None
Architectural Style
3-Storey
Roof
Asphalt Rolled, Asphalt Shingle
Construction Materials
Brick
Lot Size
5,856 SquareFeet
Lot Width
48 Feet
Lot Depth
120 Feet
Water
Municipal
Heat Source
Gas
Heat Type
Water
New Construction
No
Occupant Type
Tenant
Private Entrance
No
Sauna
No
Seasonal Property
No
Hot Tub / Spa
No
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Listing Contracted with ROYAL LEPAGE REAL ESTATE SERVICES LTD.
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