CAONTorontoNorth Midtown28 Macpherson Ave
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28 Macpherson Ave, Toronto, ON

Real Estate

For Sale

Listed price in listed location currency (CAD).
$9,995,000

18180

MLS® C12771538

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential
Size -
Garage No
Taxes $36,973
Days Active 0
Lot Size 
Approx. Age 
MLS® Number C12771538

Property Address: 28 Macpherson Ave, Toronto, ON, M5R1W8

Average square foot calculated using Size range provided by listing agent.

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. Buyer to independently verify all information to inform their purchase, including but not limited to financial information, unit count, measurements, zoning, permitted uses, retrofit status, and development or expansion potential. Property sold in as is, where is condition, with no representations or warranties of any kind by the Seller or Listing Brokerage.
MLS® NumberC12771538
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageNo
Approx. Age
BasementPartially Finished
DrivewayGarage Type:None
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Feb 9, 2026List Date
$9,995,000List Price
00/00/0000End Date
$XXX,XXXSold Price
Top Secret
00/00/0000List Date
$XXX,XXXList Price
  • Commute

Commute

Starting Address
Destination Address
28 Macpherson Ave, Toronto, ON

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