For Sale · MLS# C12771538
Active
$9,995,000
28 MACPHERSON AVENUE
18Bedrooms 18Bathrooms 5,000Sq Ft

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About this home
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. (id:66036)
Property facts
- Property type
- Other
- Building type
- Other
- Living area
- 5,000 sqft
- Lot size
- 48.4 x 120 FT
- Lot frontage
- 48 ft ,4 in
- Lot depth
- 120 ft
- Basement
- N/A (Partially finished) Partially finished
- Cooling
- Window air conditioner
Listing courtesy of
ROYAL LEPAGE REAL ESTATE SERVICES LTD.
Listed by: STEPHEN FIORUCCI
Phone: (416) 921-1112
The trademarks REALTOR®, REALTORS® and MLS® are controlled by The Canadian Real Estate Association (CREA). Listing data via CREA DDF®.