PROPERTY DETAILS

28 Macpherson Avenue,

Toronto, Ontario M5R 1W8

$9,995,000
18
18

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. (id:29237)

Property Details
MLS® Number C12771538
Property Type Multi-family
Building Type Other
Storeys 3
Community Name Annex
Land Size 48.4 x 120 FT
Parking type No Garage
Amenities Nearby Public Transit, Place of Worship, Park
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Location
Building
Basement Development Partially finished
Basement Type N/A (Partially finished)
Bathrooms (Total) 18
Bedrooms - Above Grade 18
Cooling Window air conditioner
Exterior Finish Brick
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February 13 2026 09:08:28

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