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$9,995,000

28 Macpherson Avenue, Toronto C02, ON M5R 1W8

Toronto C02

Bedrooms
18
Bathrooms
18
Parking
0
Type
Multiplex
AI summary
Reading the listing details…

About this listing

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.

Property details

Days on market
94 days
Property taxes
$36,973/yr (2025)
Lot size
48.44 × 120 Feet
Style
3-Storey
Heating
Water (Gas)
Cooling
Window Unit(s)
Basement
Partially Finished
Construction
Brick
Facing
North

Payment calculator

$1,999,000 (20%)
%
Estimated payment
$44,256 /mo
Mortgage amount
$7,996,000

Estimate only - excludes property tax, condo fees, utilities and home insurance. Rates vary by lender and term; based on semi-annual compounding.

Location

Walkability

View Walk Score, Transit Score & Bike Score

Walkability, transit, and bike-friendliness for 28 Macpherson Avenue, Toronto C02, ON M5R 1W8

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MLS# C12771538

Listed by ROYAL LEPAGE REAL ESTATE SERVICES LTD.

On market since Feb 9, 2026

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About 28 Macpherson Avenue, Toronto C02, ON M5R 1W8

How much is 28 Macpherson Avenue, Toronto C02, ON M5R 1W8?

28 Macpherson Avenue, Toronto C02, ON M5R 1W8 is listed for $9,995,000 CAD.

How many bedrooms and bathrooms does 28 Macpherson Avenue, Toronto C02, ON M5R 1W8 have?

28 Macpherson Avenue, Toronto C02, ON M5R 1W8 has 18 bedrooms and 18 bathrooms.

What type of property is 28 Macpherson Avenue, Toronto C02, ON M5R 1W8?

28 Macpherson Avenue, Toronto C02, ON M5R 1W8 is a Multiplex.

What neighbourhood is 28 Macpherson Avenue, Toronto C02, ON M5R 1W8 in?

28 Macpherson Avenue, Toronto C02, ON M5R 1W8 is in Toronto C02, Ontario.

Is 28 Macpherson Avenue, Toronto C02, ON M5R 1W8 for sale or for rent?

28 Macpherson Avenue, Toronto C02, ON M5R 1W8 is currently for sale.

How do I book a showing for 28 Macpherson Avenue, Toronto C02, ON M5R 1W8?

Contact Avi Hayev at +16471112222 to arrange a private showing of 28 Macpherson Avenue, Toronto C02, ON M5R 1W8 (MLS# C12771538). You can also send a message through the contact form on this site.