28 Macpherson Avenue

28 Macpherson Avenue
28 Macpherson Avenue
28 Macpherson Avenue
+16
18
 bed
18
 bath
0
 parking
5000 - 65535
 sqft
Multiplex
$9,995,000
Instant Estimate Not Available
For Sale
2 hours
 on site
$9,995,000
Instant Estimate Not Available
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Size
-
Lot size
5855 sqft
Street frontage
-
Possession
Flexible
Price per sqft
$153 - $1,999
Taxes
$36,973 (2025)
Parking Type
-
Style
3-Storey
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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. Buyer to independently verify all information to inform their purchase, including but not limited to financial information, unit count, measurements, zoning, permitted uses, retrofit status, and development or expansion potential. Property sold in as is, where is condition, with no representations or warranties of any kind by the Seller or Listing Brokerage.
Broker: ROYAL LEPAGE REAL ESTATE SERVICES LTD.
MLS®#: C12771538
Property details
Parking:
No
Parking type:
-
Property type:
Multiplex
Heating type:
Water
Style:
3-Storey
MLS Size:
5000-65535 sqft
Lot front:
48 Ft
Lot depth:
120 Ft
Listed on:
Feb 9, 2026
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Instant estimate:
Not Available

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About 28 Macpherson Avenue

Located at 28 Macpherson Avenue, this Toronto multiplex is available for sale. 28 Macpherson Avenue has an asking price of $9995000, and has been on the market since February 2026. This 5000-65535 sqft multiplex has 18 beds and 18 bathrooms. 28 Macpherson Avenue resides in the Toronto Summerhill neighbourhood, and nearby areas include Yorkville, Yonge and Bloor, Casa Loma and Deer Park.

28 Macpherson Ave, Toronto is nearby from Starbucks for that morning caffeine fix and if you're not in the mood to cook, Carens Rosedale, Avant Gout and Pantry are near this multiplex. For grabbing your groceries, Rosedale General Store is nearby.

For those residents of 28 Macpherson Ave, Toronto without a car, you can get around quite easily. The closest transit stop is a Bus Stop (Yonge St at MacPherson Ave) and is a short distance away connecting you to Toronto's public transit service. It also has route Yonge, and route Yonge Night Bus nearby. Access to Don Valley Parkway from 28 Macpherson Ave is within a few minutes drive, making it easy for those driving to get into and out of the city