11
See all 11 photos
$9,995,000
Est. payment /mo
18 Beds
18 Baths
5,000 SqFt
Active
28 MACPHERSON AVENUE Toronto (annex), ON M5R1W8
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Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Approx. Sqft 5000 - 100000
Square Footage 5,000 sqft
Price per Sqft $1,999
Subdivision Annex
MLS® Listing ID C12771538
Bedrooms 18
Property 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. (id:24570)
Location
Province ON
Rooms
Kitchen 0.0
Interior
Cooling Window air conditioner
Exterior
Parking Features No
View Y/N Yes
View City view
Attached Garage No
Garage No
Private Pool No
Building
Lot Description Landscaped
Story 3
Sewer Sanitary sewer
Listed by ROYAL LEPAGE REAL ESTATE SERVICES LTD.
NEARBY SCHOOL & BUSINESS
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