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:52316)
ROYAL LEPAGE REAL ESTATE SERVICES LTD.
$9,995,000
28 MACPHERSON AVENUE, Toronto, Ontario
18 Bedrooms
18 Bathrooms
Property
MLS® Number: C12771538
Address: 28 MACPHERSON AVENUE
City: Toronto
Exterior: Brick
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Property Sale History
Travel and Neighbourhood
98/100Walk Score®
Walker's Paradise
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Location
