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Last Updated : 88 Days ago
28 Macpherson Avenue, Toronto, ON, Annex
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28 Macpherson Avenue, Toronto MLS Number: C12771538

Annex, Toronto, ON, M5R 1W8

$9,995,000

Status: For Sale

  • 18+ Beds
  • 18 Baths
  • Area : 5000 + sqft
  • Property Type: Residential Freehold (Multiplex)
  • Property Taxes : $36973.0 (Tax Year:2025)
  • Listing Courtesy : Royal Lepage Real Estate Services Ltd.

28 Macpherson Avenue Property 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.

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28 Macpherson Avenue Property Facts

Property Type :Residential Freehold
MLS Number :C12771538
Listing Type :Sale
Possession Date :
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Last Updated :11 May, 2026 (88 Days ago)
Source :Toronto Regional Real Estate Board
Area :Toronto
Postal Code : M5R 1W8
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28 Macpherson Avenue Property Price & Tax Insights

Price : $9,995,000
Property Taxes :$36973.0
Tax Year :2025

28 Macpherson Avenue, Toronto Property Details

Bedrooms :18 +
No. of Rooms :47
Air Conditioning :Window Unit(s)
Heating :Water
Place of Worship :Yes
Cross Street :Yonge Street and Macpherson Avenue
Bathrooms :18
Fuel :Gas
Approx Square Footage :5000 + sqft
Fireplace/Stove :No

Exterior Information

Exterior Finish :Brick
Parking Space :0
Basement :Partially Finished
Laundry Level :Main Level
Park :Park
Library :Library

28 Macpherson Avenue, Toronto - Price History

2026-02

09 Feb, 2026

TREB #C12771538

Listed

$9995000.0

  • 0
  • 400k
  • 800k
  • 1.2M
  • 1.6M
  • 2M+
  • 0
  • 6
  • 12
  • 18
  • 24
  • 30+
  • 0
  • 6
  • 12
  • 18
  • 24
  • 30+

28 Macpherson Avenue - Location Map and Landmarks

  • Rosedale Subway, Toronto 0.34 km
  • Summerhill Subway, Toronto 0.37 km
  • Bay Subway, Toronto 0.99 km
  • St Clair Subway, Toronto 0.99 km
  • Bloor-Yonge Subway, Toronto 0.99 km
  • Dupont Subway, Toronto 1.29 km
  • Museum Subway, Toronto 1.34 km
  • St George Subway, Toronto 1.36 km
  • Sherbourne Subway, Toronto 1.47 km
  • Wellesley Subway, Toronto 1.65 km
  • Cottingham Junior Public School, Toronto 0.33 km
  • Jesse Ketchum Junior & Senior Public School, Toronto 0.68 km
  • The Linden, Toronto 0.83 km
  • Rosedale Junior Public School, Toronto 0.84 km
  • Brown Junior Public School, Toronto 1.0 km
  • Cornerstone Academic College (Esl), Toronto 1.03 km
  • Our Lady Of Perpetual Help Catholic Elementary School, Toronto 1.14 km
  • Deer Park Junior & Senior Public School, Toronto 1.18 km
  • Alan Howard Waldorf, Toronto 1.24 km
  • Huron Street Junior Public School, Toronto 1.25 km
  • Toronto Grace Health Centre, Toronto 1.19 km
  • Salvation Army Toronto Grace Hospital, Toronto 1.2 km
  • Sunnybrook & Women'S Coll Orth&Arth Site, Toronto 1.74 km
  • Toronto Rehab Institute - Hillcrest Site, Toronto 1.94 km
  • Women's College, Toronto 1.96 km
  • St Regis Hospital, Toronto 1.97 km
  • Sunnybrook & Women'S Coll W C Site, Toronto 1.99 km
  • Steadson Hospital, Toronto 2.16 km
  • Toronto General Hospital, Toronto 2.24 km
  • University Health Network - Toronto General, Toronto 2.25 km
  • The Harvest Wagon, Toronto 0.16 km
  • Whole Foods Market, Toronto 0.83 km
  • Neptune Apparel, Toronto 0.83 km
  • Yorkville Village, Toronto 0.84 km
  • Bielnino Shopping Mall, Toronto 0.89 km
  • Rabba Fine Foods, Toronto 0.96 km
  • The Food Depot, Toronto 0.97 km
  • Bay St Shopping Mall, Toronto 0.98 km
  • Cumberland Terrace, Toronto 0.98 km
  • Holt Renfrew Centre, Toronto 1.02 km
  • Belmont Street and Aylmer Avenue and Yonge Street, Toronto 0.45 km
  • Avenue Road and Dupont Street, Toronto 0.5 km
  • Avenue Road and Davenport Road, Toronto 0.61 km
  • Bay Street and Davenport Road, Toronto 0.67 km
  • Dupont Street and Bedford Road, Toronto 0.76 km
  • Church Street and Davenport Road and Yonge Street, Toronto 0.76 km
  • Yonge Street and Rosehill Avenue, Toronto 0.81 km
  • Davenport Road and Bedford Road, Toronto 0.83 km
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FAQs: 28 Macpherson Avenue, Toronto

  • Q:What is the Area Size of the 28 Macpherson Avenue In Sq.Ft and it's MLS No.?

    A: The project covers an area of approximately 5000 + sq. ft and is strategically located in Toronto. The MLS No of this project is C12771538 and the Project is located in ON, Canada
  • Q: Does this Project 28 Macpherson Avenue available for Sale ?

    A: The project 28 Macpherson Avenue is readily available for Sale and can be purchased at competitive prices today. You can schedule a tour or request a call back for knowing further.
  • Q: How far is this property from my workplace?

    A:You can calculate your travel time and see how this property is far from your Office, your spouse's workplace or your kid's school. You just need to tell us which places you commute to frequently and Square Yards will tell you how far they are from this property.
  • Q:What are the Key Features 28 Macpherson Avenue is Offering?

    A:Square Yards is giving a Cashback of $49,975 if you buy this property from us, however there are several key features offered by the 28 Macpherson Avenue. You get 18+ Beds with 18 Bath, central air conditioning, parking space and garage along with a heating system, basement, gas fuel system and balcony.
  • Q:How many Parking Space available in this 28 Macpherson Avenue?

    A: 28 Macpherson Avenue in Toronto offers a total of 0 parking spaces for residents.
  • Q:How many Beds & Baths available in 28 Macpherson Avenue, Toronto?

    A: 28 Macpherson Avenue, Toronto comes with 18+ Beds for maximum convenience and space. There are 18 baths available as well for when you have guests over or if you have a large family!
  • Q:How many Apartments and Condos are available for Sale in Toronto, On?

    A:Toronto, ON is one of the biggest real estate markets in Canada. There are several options available here pertaining to condos and apartments alike. There are approximately apartments and condos available currently for your perusal.
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