28 MACPHERSON AVENUE

Key facts

• Property type: Multi-family
• Structure: Other
• Transaction: For Sale
• Price: $9,995,000
• Bedrooms: 18
• Bathrooms: 18
• Lot size: 48.4 x 120 FT
• Listing key: 29339696

Listing overview

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 empl...