28 Macpherson Avenue

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 i…

Property Type

Multiplex

Style

3-Storey

Lot Size

48 ft × 120 ft

Heating

Water

Cooling

Window Unit(s)

Basement

Partially Finished

Annual Taxes

$36,973 (2025)

MLS #

C12771538

Brokerage

ROYAL LEPAGE REAL ESTATE SERVICES LTD.

Days on Market

107 days

Estimated payment. Does not include property tax, insurance, or condo fees.

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