Home with brick exterior material, street for 28 Macpherson Ave, Toronto Ontario M5R 1W8
1 day on Market

28 Macpherson Ave, Toronto, Ontario M5R 1W8

Townhouse
18
18
~5000 + sqft
$9,995,000
Get pre-qualifiedPowered by nesto
Townhouse
18
18
~5000 + sqft

Contact us about this property

Call

Highlights

Property Estimate

Days on market1 day

Estimated valueNot available

Price/Sqft$1,000/sqft

Monthly cost

Open Calculator

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.


Property Details

Style3-Storey
ViewCity, Downtown
Age of property-
SqFt~5000 + SqFt
Lot Size5,812 SqFt(120 x 48.44)
Parking Spaces-
MLS ®NumberC12771538
Community NameYorkville
Data SourceTRREB
Listing byROYAL LEPAGE REAL ESTATE SERVICES LTD.

Features

Heating: Water
Cooling: Window Unit
Basement: Part Fin

Features

Lot size: 5,812 SqFt

Property History

Feb 9, 2026
ListedActive
$9,995,000
1 day on market
history photo preview19
Listing by trreb®
Property listed by ROYAL LEPAGE REAL ESTATE SERVICES LTD., Brokerage
Agent Banner Image
Interested in this property?Get in touch to get the inside scoop.

Market Data - Yorkville

Geo Zone Map ThumbnailYorkville

Strong Seller's Market

View Market Data

Townhouse - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

0 day

Compared to

2025

0 day

2024

37 days

New Listings

Past 30 days

1 listing

Compared to

2025

2 listings

2024

0 listing

Units sold

Past 30 days

0 unit

Compared to

2025

0 unit

2024

1 unit

Median Sold Price

Past 30 days

$0

Compared to

2024

$4,520,000


Population and Demographics

Overview

Total population 10395
Average household income $315,231

Age (%)

0 to 19
9%
20 to 34
29%
35 to 49
17%
50 to 64
18%
65 and plus
27%

Household composition (%)

Single person
56%
Single family
38%
Multi person
6%
Multi family
0%

Mother tongue (%)

English
72%
Mandarin
7%
French
3%
Yue (Cantonese)
3%
Iranian Persian
2%
Spanish
2%
Russian
2%
Italian
2%
Arabic
2%
Korean
1%
Others
0%

House tenancy (%)

Renters
54%
Owners
46%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget