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28 MACPHERSON AVENUE
Annex Toronto (Annex) M5R 1W8

$9,995,000
Multi-family beds: 18 baths: 18.0

Facade
Photo 1: 28 MACPHERSON AVENUE in Toronto (Annex): Multi-family for sale : MLS®# C12771538
Photo 2: 28 MACPHERSON AVENUE in Toronto (Annex): Multi-family for sale : MLS®# C12771538
Photo 3: 28 MACPHERSON AVENUE in Toronto (Annex): Multi-family for sale : MLS®# C12771538
Photo 4: 28 MACPHERSON AVENUE in Toronto (Annex): Multi-family for sale : MLS®# C12771538
Photo 5: 28 MACPHERSON AVENUE in Toronto (Annex): Multi-family for sale : MLS®# C12771538
Photo 6: 28 MACPHERSON AVENUE in Toronto (Annex): Multi-family for sale : MLS®# C12771538
Photo 7: 28 MACPHERSON AVENUE in Toronto (Annex): Multi-family for sale : MLS®# C12771538
Photo 8: 28 MACPHERSON AVENUE in Toronto (Annex): Multi-family for sale : MLS®# C12771538
Photo 9: 28 MACPHERSON AVENUE in Toronto (Annex): Multi-family for sale : MLS®# C12771538
Photo 10: 28 MACPHERSON AVENUE in Toronto (Annex): Multi-family for sale : MLS®# C12771538
Photo 11: 28 MACPHERSON AVENUE in Toronto (Annex): Multi-family for sale : MLS®# C12771538
Photo 12: 28 MACPHERSON AVENUE in Toronto (Annex): Multi-family for sale : MLS®# C12771538
Photo 13: 28 MACPHERSON AVENUE in Toronto (Annex): Multi-family for sale : MLS®# C12771538
Photo 14: 28 MACPHERSON AVENUE in Toronto (Annex): Multi-family for sale : MLS®# C12771538
Photo 15: 28 MACPHERSON AVENUE in Toronto (Annex): Multi-family for sale : MLS®# C12771538
Photo 16: 28 MACPHERSON AVENUE in Toronto (Annex): Multi-family for sale : MLS®# C12771538
Photo 17: 28 MACPHERSON AVENUE in Toronto (Annex): Multi-family for sale : MLS®# C12771538
Photo 18: 28 MACPHERSON AVENUE in Toronto (Annex): Multi-family for sale : MLS®# C12771538
Photo 19: 28 MACPHERSON AVENUE in Toronto (Annex): Multi-family for sale : MLS®# C12771538
Status:
Active
Prop. Type:
Multi-family
MLS® Num:
C12771538
Bedrooms:
18
Bathrooms:
18
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. (id:2493)
Property Type:
Multi-family
Living Area (Min):
5,000 sq. ft.
Living Area (Max):
2.3 acre(s)
Zoning:
R(f5;d0.6*892)
Taxes:
$36,973 / 2025
Community:
Annex
Exterior Features:
Brick
Security Features:
Controlled entry
View:
City view
Structure Type:
Other
Utilities:
Sewer, Electricity, Cable
Bedrooms:
18
Bedrooms Above Grade:
18
Bathrooms:
18.0
Cooling:
Window air conditioner
Fireplace:
No
Foundation:
Block
# Storeys:
3.0
Water:
Municipal water
Sewer:
Sanitary sewer
Basement:
Partially finished, N/A
Lot Frontage:
48'4¾"
Lot Details:
48.4 x 120 FT
Lot Features:
Flat site, Lighting
Parking:
No Garage
Total Parking Spaces:
0
  • Photo 1: 28 MACPHERSON AVENUE in Toronto (Annex): Multi-family for sale : MLS®# C12771538
    Facade
  • Photo 2: 28 MACPHERSON AVENUE in Toronto (Annex): Multi-family for sale : MLS®# C12771538
    Facade Street View
  • Photo 3: 28 MACPHERSON AVENUE in Toronto (Annex): Multi-family for sale : MLS®# C12771538
    Exterior Entrance
  • Photo 4: 28 MACPHERSON AVENUE in Toronto (Annex): Multi-family for sale : MLS®# C12771538
    Aerial Shot
  • Photo 5: 28 MACPHERSON AVENUE in Toronto (Annex): Multi-family for sale : MLS®# C12771538
    Aerial Shot
  • Photo 6: 28 MACPHERSON AVENUE in Toronto (Annex): Multi-family for sale : MLS®# C12771538
    Overhead Aerial Shot
  • Photo 7: 28 MACPHERSON AVENUE in Toronto (Annex): Multi-family for sale : MLS®# C12771538
    Entrance
  • Photo 8: 28 MACPHERSON AVENUE in Toronto (Annex): Multi-family for sale : MLS®# C12771538
    First Floor Landing
  • Photo 9: 28 MACPHERSON AVENUE in Toronto (Annex): Multi-family for sale : MLS®# C12771538
    Character Detail
  • Photo 10: 28 MACPHERSON AVENUE in Toronto (Annex): Multi-family for sale : MLS®# C12771538
    Living Room
  • Photo 11: 28 MACPHERSON AVENUE in Toronto (Annex): Multi-family for sale : MLS®# C12771538
    Living Room
  • Photo 12: 28 MACPHERSON AVENUE in Toronto (Annex): Multi-family for sale : MLS®# C12771538
    Dining Room
  • Photo 13: 28 MACPHERSON AVENUE in Toronto (Annex): Multi-family for sale : MLS®# C12771538
    Kitchen
  • Photo 14: 28 MACPHERSON AVENUE in Toronto (Annex): Multi-family for sale : MLS®# C12771538
    Bathroom, Closet, Bedroom Entrance
  • Photo 15: 28 MACPHERSON AVENUE in Toronto (Annex): Multi-family for sale : MLS®# C12771538
    Bedroom
  • Photo 16: 28 MACPHERSON AVENUE in Toronto (Annex): Multi-family for sale : MLS®# C12771538
    Aerial North View
  • Photo 17: 28 MACPHERSON AVENUE in Toronto (Annex): Multi-family for sale : MLS®# C12771538
    Aerial South View
  • Photo 18: 28 MACPHERSON AVENUE in Toronto (Annex): Multi-family for sale : MLS®# C12771538
    Alternate Aerial South View
  • Photo 19: 28 MACPHERSON AVENUE in Toronto (Annex): Multi-family for sale : MLS®# C12771538
    Immediate Yonge Street Pocket
Listed by ROYAL LEPAGE REAL ESTATE SERVICES LTD.
Data was last updated February 10, 2026 at 12:45 PM (UTC)
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