Huseyin Perk

Sales Representative

416-855-0678

Huseyin Perk
28 Macpherson Avenue, Toronto C02, ON M5R 1W8
For Sale
18 Bedrooms
18 Bathrooms
0 Garage
ActiveFor Sale

$9,995,000

28 Macpherson Avenue

Toronto · Annex · M5R 1W8

MLS® C12771538MultiplexListed Feb 9, 2026
18 Beds(18+0)
18 Baths
0 Parking

Key Facts

Tax

$36,973 (2025)

Type

Multiplex

Lot

5,855.56 sqft

Parking

None, 0 spaces

Basement

Partially Finished

Brokerage

ROYAL LEPAGE REAL ESTATE SERVICES LTD.

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.

Property

Property TypeMultiplex
Fronting OnNorth
CommunityAnnex
MunicipalityToronto

Inside

Bedrooms18
Bedrooms Above18
Bathrooms18
Kitchens17
Rooms47
BasementPartially Finished

Utilities

SewerSewer
Heating TypeWater
Heating FuelGas

Building

ConstructionBrick
PoolNone

Parking

DrivewayNone
Garage TypeNone
Parking Spaces0
Total Parking0

Land

Lot Size5,855.56 sqft
Cross StreetYonge Street and Macpherson Avenue

Highlights

Property FeaturesPublic Transit, Place Of Worship, Library, Park

Financial Details

List Price$9,995,000
Annual Property Tax$36,973 (2025)

Listing Information

MLS® NumberC12771538
StatusActive
TransactionFor Sale
List DateFeb 9, 2026
BrokerageROYAL LEPAGE REAL ESTATE SERVICES LTD.
Data SourcePROPTX / AMPRE
28 Macpherson Avenue, Toronto C02, ON M5R 1W8, Toronto C02 M5R 1W8View Map

Toronto Regional Real Estate Board (TREB) assumes no responsibility for the accuracy of any information shown. Copyright TREB 2026.

Stratus Data Systems, Inc. Copyright 2026, Stratus Data Systems, Inc.

CallTextContact