28 Macpherson Avenue, Toronto C02, ON M5R 1W8
Toronto C02
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.
Estimate only - excludes property tax, condo fees, utilities and home insurance. Rates vary by lender and term; based on semi-annual compounding.
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
28 Macpherson Avenue, Toronto C02, ON M5R 1W8 is listed for $9,995,000 CAD.
28 Macpherson Avenue, Toronto C02, ON M5R 1W8 has 18 bedrooms and 18 bathrooms.
28 Macpherson Avenue, Toronto C02, ON M5R 1W8 is a Multiplex.
28 Macpherson Avenue, Toronto C02, ON M5R 1W8 is in Toronto C02, Ontario.
28 Macpherson Avenue, Toronto C02, ON M5R 1W8 is currently for sale.
Contact Michael Mezheritsky 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.
