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    For Sale - 28 Macpherson Avenue, Toronto, Ontario

    Est payment $47,995/mo
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    Views   8
    Time on Jump  98 day

    AI Summary *

    • Prime multi-residential investment in a well-established Toronto neighborhood.
    • 17 self-contained suites ensure diverse and stable rental income.
    • Generous lot size allows for future development options.
    • Close to transit, parks, schools, and amenities for strong rental demand.
    • Strong owner occupancy and limited new supply support long-term appreciation.




    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.
    Listing IDC12771538
    Address28 Macpherson Avenue
    CityToronto, Ontario
    Price$9,995,000
    Bed / Bath18 / 18 Full
    Style3-Storey, Multiplex
    ConstructionBrick
    Land Size5855.56
    TypeMulti-Family
    StatusFor Sale

    Subtype MultiplexIndoor Features Storage, OtherOutdoor Features Landscaped, Lighting, Controlled EntryAmenities Public Transit, Place Of Worship, Library, ParkOwnership FreeholdViews City, DowntownAppliances Accessible Public Transit NearbyBasement Partially FinishedFoundation BlockHeating / Cooling WaterHeating Fuel GasSewer Sewer

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    Listing Agency:  ROYAL LEPAGE REAL ESTATE SERVICES LTD.

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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    28 Macpherson Avenue
    Toronto , Ontario
    18 18 $9,995,000
    Get more info