28 Macpherson AVE, Toronto C02, ON M5R 1W8
28 Macpherson AVE, Toronto C02, ON M5R 1W8
28 Macpherson AVE, Toronto C02, ON M5R 1W8
11
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$9,995,000
Est. payment /mo
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18 Beds
18 Baths
Active

28 Macpherson AVE Toronto C02, ON M5R 1W8

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Kenneth Yim

Kenneth Yim

+1(416) 906-0080

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multiplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 5000 +

Municipality Toronto C02

Subdivision Annex

MLS Listing ID C12771538

Style 3-Storey

Bedrooms 18

Annual Tax Amount $36,973

Tax Year 2025

Property Sub-Type Multiplex

Lot Depth 120.0

Lot Front 48.44

Property 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.

Location

Province ON

County Toronto

Community Toronto C02

Area Toronto

Rooms

Family Room No

Basement Partially Finished

Kitchen 17

Interior

Interior Features Storage, Other

Cooling Window Unit(s)

Fireplace No

Heat Source Gas

Exterior

Exterior Feature Landscaped, Lighting, Controlled Entry

Parking Features None

Pool None

View City, Downtown

Roof Type Asphalt Rolled,Asphalt Shingle

Topography Flat

Lot Frontage 48.44

Lot Depth 120.0

Building

Unit Features Public Transit,Place Of Worship,Library,Park

Foundation Block

Others

ParcelsYN Yes

Listed by ROYAL LEPAGE REAL ESTATE SERVICES LTD.

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Kenneth Yim

Kenneth Yim

Broker of Record | License ID: 9524831

+1(416) 906-0080

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28 Macpherson AVE

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