28 Macpherson Avenue

Toronto, ON M5R 1W8 ( Annex)

Quick Facts

Type: Multiplex

Style: 3-Storey

Size: Sq Ft

Age: Years

Taxes: $ 36,973 ( 2025)

Updated: 2026-02-13 20:38:10

Description

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.

Extras

Multiplex

Property

Status: For Sale

MLS #: C12771538

Price: $ 9,995,000

Address: 28 Macpherson Avenue

Type:

Style: 3-Storey

Size: Sq Ft

Age: Years

Front On:

Taxes: $ 36,973

Tax Year: 2025

Lot Size:

Neighbourhood: Annex

Nearest Intersection: Yonge Street and Macpherson Avenue

City: Toronto

Postal Code: M5R 1W8

DOM: 46 Days

Last Update: 2026-02-13 20:38:10

 

Building

Interior

Bedrooms: 18

Bathrooms: 18

Rooms: 0

Kitchens: 17

Family Room:

Fireplace:

Basement: Partially Finished,

Central Vacuum:

 

Exterior

Exterior: Brick,

Driveway:

Garage: None

Garage Spaces:

Parking Spaces: 0.00

Pool:

 

Utilities

Electricity (Hydro):

Gas:

Phone:

Cable TV:

Heat Type: Water

Heat Source: Gas

Air Conditioning: Window Unit(s)

Water:

Sewers:

 

Features

 

Rooms