$9,995,000
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28 MacPherson Avenue, Toronto (annex), ON M5R1W8

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18 Beds
18 Baths
- Sq Ft

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:58753)

Listing By: STEPHEN FIORUCCI - ROYAL LEPAGE REAL ESTATE SERVICES LTD. cncrea2 Realty.com
  • MLS® C12771538
  • Date Listed02/09/2026
  • Days on Realty 116 Days
  • Bedrooms 18
  • Bathrooms 18 baths
  • Lot Size -
  • Sewer Other
  • Property Type Other
  • Water Public

Interior Features

  • Cooling Window air conditioner
  • Heating Natural gas

Exterior / Lot Features

  • Roof -
  • Lot Size Acres -
  • Lot Size SQFT -
  • Lot Features Flat site, Lighting

Directions

Cross Streets: Yonge Street and Macpherson Avenue. ** Directions: Head south on Avenue Road from St. Clair Avenue West. Turn left onto Macpherson Avenue and continue east until you reach 28 Macpherson Avenue.

Sales & Tax History

Source: Public Records

Local Neighborhood Highlights for M5R1W8

Discover key demographics, population statistics, and environmental insights for the Toronto (annex), ON area.

Walkability in ON / M5R1W8

Source: Walk Score

98/100

Walker's Paradise

Walk Score ®

87/100

Excellent Transit

Transit Score ®

85/100

Very Bikeable

Bike Score ®

Overview

Daily errands do not require a car. Transit is convenient for most trips. Biking is convenient for most trips.

Transit Summary

15 nearby routes: 12 bus, 3 rail, 0 other

Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 79/100, Transit Score: 79/100, Bike Score: 74/100.

Points of Interest near 28 MACPHERSON AVENUE, Toronto (Annex), ON M5R1W8

Frequently Asked Questions for 28 MACPHERSON AVENUE

Source: Realty.com

28 MACPHERSON AVENUE, Toronto (Annex), ON M5R1W8 in Toronto (Annex), ON M5R1W8 is a other listed at $9,995,000. Highlights include 18 bedrooms, 18 bathrooms. Realty.ca has 11 photos, sales history, school insights, and mortgage tools for this listing.

Realty.com has 11 photos of 28 MACPHERSON AVENUE.

The full address for this home is 28 MACPHERSON AVENUE, Toronto (Annex), ON M5R1W8.

28 MACPHERSON AVENUE has been listed on Realty.com since Mon February 09, 2026

Daily errands do not require a car. Transit is convenient for most trips. Biking is convenient for most trips.

The average walkability score in the surrounding area is Walk Score: 79/100, Transit Score: 79/100, Bike Score: 74/100.

Listing provided courtesy of: ROYAL LEPAGE REAL ESTATE SERVICES LTD.
Listing agent: STEPHEN FIORUCCI

This content last refreshed on 2026-06-05 18:48:08. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.