For Sale · MLS# C12771538
Active

$9,995,000

28 MACPHERSON AVENUE

18Bedrooms 18Bathrooms 5,000Sq Ft

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®.

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