$9,995,000
$1,999/sq ft · 73 days on market
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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.
28 Macpherson Avenue
Closest publicly funded schools within 5 km, ranked by EQAO standardized test scores
Top 10% of Ontario elementary schools
R = Reading · W = Writing · M = Math · arrows show 3-year change
Top 25% of Ontario elementary schools
Top 10% of Ontario elementary schools
Arrows show 3-year change
EQAO score is the average of available reading, writing & math results, 0–100 · Source: Ontario Ministry of Education
Nearest rapid transit and bus stops
113 within a 10-min walk · 708 within 20 min · click a card to see the closest ones
Listing provided by ROYAL LEPAGE REAL ESTATE SERVICES LTD.
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Data last updated: April 22, 2026 at 03:41 a.m.
R = Reading · W = Writing · M = Math · arrows show 3-year change
R = Reading · W = Writing · M = Math · arrows show 3-year change
Arrows show 3-year change
Arrows show 3-year change
Source: TTC GTFS · straight-line distances · routes shown are short names
© OpenStreetMap contributors · counts are amenities tagged in OSM within walking distance