28 MACPHERSON AVENUE - Photo 1 of 19, Toronto (Annex), Ontario
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$9,995,000

28 MACPHERSON AVENUE — Toronto (Annex), Ontario

M5R1W8

18Beds
18Baths

About This Property

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:63357)

Property Location

Map showing 28 MACPHERSON AVENUE location

Property Details

Property Type
Multi-Unit
Bedrooms
18
Bathrooms
18
Stories
3.0
Status
Active

Location & Neighborhood

What's nearby 28 MACPHERSON AVENUE

Lifestyle Summary

** Living at 28 Macpherson Avenue means embracing a lifestyle that balances comfort, convenience, and community spirit. The vibrant neighborhood fosters connections among residents, while nearby amenities cater to everyday needs and leisure pursuits alike. With easy access to schools, parks, dining, and transit, this area offers a fulfilling, dynamic living experience that truly feels like home. Whether you’re enjoying a sunny day in the park or indulging in the local culinary delights, life here is both enriching and enjoyable.

🏘️Neighborhood Vibe

** Nestled in the vibrant Annex neighborhood, 28 Macpherson Avenue offers a perfect blend of historic charm and contemporary living. The tree-lined streets are filled with a sense of community, where residents often greet each other on their walks, fostering a warm and inviting atmosphere. With a rich cultural scene, this area attracts art enthusiasts, students, and families alike, making it a dynamic place to call home. **COMMUTER_SUMMARY:** Conveniently located, this property provides residents with easy access to public transportation options, ensuring smooth commutes throughout the city. Whether you're heading downtown or exploring nearby neighborhoods, the nearby transit routes connect you seamlessly to Toronto's vibrant urban landscape. You’ll appreciate the ease of travel that this prime location affords. **FAMILY_SUMMARY:** Families will find a wealth of educational opportunities with several reputable schools just a short distance away, including Cottingham Junior Public School and De La Salle College "Oaklands." The neighborhood is designed with families in mind, boasting safe streets and playgrounds where children can play freely. With a variety of family-friendly activities and community resources, raising children here is both enjoyable and enriching. **DINING_ENTERTAINMENT:** Food lovers will delight in the array of dining options available, from the cozy ambiance of Carens Rosedale to the casual charm of Happy Burger. With cafes like Boxcar Social and Spring Cafe Bistro nearby, you’ll have the perfect spots for catching up with friends or enjoying a quiet afternoon. The vibrant dining scene caters to a variety of tastes, ensuring there’s something for everyone. **OUTDOOR_RECREATION:** Residents can easily escape to nature with several parks within walking distance, such as Lionel Conacher Park and Ramsden Park, offering green spaces for relaxation and recreation. Whether it's a leisurely stroll, a picnic, or an active afternoon in the playgrounds, these parks provide a perfect backdrop for outdoor enjoyment. The proximity to these recreational areas enriches the lifestyle, inviting residents to embrace the outdoors. **OVERALL_LIFESTYLE:** Living at 28 Macpherson Avenue means embracing a lifestyle that balances comfort, convenience, and community spirit. The vibrant neighborhood fosters connections among residents, while nearby amenities cater to everyday needs and leisure pursuits alike. With easy access to schools, parks, dining, and transit, this area offers a fulfilling, dynamic living experience that truly feels like home. Whether you’re enjoying a sunny day in the park or indulging in the local culinary delights, life here is both enriching and enjoyable.

🚗Commuting

** Conveniently located, this property provides residents with easy access to public transportation options, ensuring smooth commutes throughout the city. Whether you're heading downtown or exploring nearby neighborhoods, the nearby transit routes connect you seamlessly to Toronto's vibrant urban landscape. You’ll appreciate the ease of travel that this prime location affords. **FAMILY_SUMMARY:** Families will find a wealth of educational opportunities with several reputable schools just a short distance away, including Cottingham Junior Public School and De La Salle College "Oaklands." The neighborhood is designed with families in mind, boasting safe streets and playgrounds where children can play freely. With a variety of family-friendly activities and community resources, raising children here is both enjoyable and enriching. **DINING_ENTERTAINMENT:** Food lovers will delight in the array of dining options available, from the cozy ambiance of Carens Rosedale to the casual charm of Happy Burger. With cafes like Boxcar Social and Spring Cafe Bistro nearby, you’ll have the perfect spots for catching up with friends or enjoying a quiet afternoon. The vibrant dining scene caters to a variety of tastes, ensuring there’s something for everyone. **OUTDOOR_RECREATION:** Residents can easily escape to nature with several parks within walking distance, such as Lionel Conacher Park and Ramsden Park, offering green spaces for relaxation and recreation. Whether it's a leisurely stroll, a picnic, or an active afternoon in the playgrounds, these parks provide a perfect backdrop for outdoor enjoyment. The proximity to these recreational areas enriches the lifestyle, inviting residents to embrace the outdoors. **OVERALL_LIFESTYLE:** Living at 28 Macpherson Avenue means embracing a lifestyle that balances comfort, convenience, and community spirit. The vibrant neighborhood fosters connections among residents, while nearby amenities cater to everyday needs and leisure pursuits alike. With easy access to schools, parks, dining, and transit, this area offers a fulfilling, dynamic living experience that truly feels like home. Whether you’re enjoying a sunny day in the park or indulging in the local culinary delights, life here is both enriching and enjoyable.

👨‍👩‍👧‍👦Family Living

** Families will find a wealth of educational opportunities with several reputable schools just a short distance away, including Cottingham Junior Public School and De La Salle College "Oaklands." The neighborhood is designed with families in mind, boasting safe streets and playgrounds where children can play freely. With a variety of family-friendly activities and community resources, raising children here is both enjoyable and enriching. **DINING_ENTERTAINMENT:** Food lovers will delight in the array of dining options available, from the cozy ambiance of Carens Rosedale to the casual charm of Happy Burger. With cafes like Boxcar Social and Spring Cafe Bistro nearby, you’ll have the perfect spots for catching up with friends or enjoying a quiet afternoon. The vibrant dining scene caters to a variety of tastes, ensuring there’s something for everyone. **OUTDOOR_RECREATION:** Residents can easily escape to nature with several parks within walking distance, such as Lionel Conacher Park and Ramsden Park, offering green spaces for relaxation and recreation. Whether it's a leisurely stroll, a picnic, or an active afternoon in the playgrounds, these parks provide a perfect backdrop for outdoor enjoyment. The proximity to these recreational areas enriches the lifestyle, inviting residents to embrace the outdoors. **OVERALL_LIFESTYLE:** Living at 28 Macpherson Avenue means embracing a lifestyle that balances comfort, convenience, and community spirit. The vibrant neighborhood fosters connections among residents, while nearby amenities cater to everyday needs and leisure pursuits alike. With easy access to schools, parks, dining, and transit, this area offers a fulfilling, dynamic living experience that truly feels like home. Whether you’re enjoying a sunny day in the park or indulging in the local culinary delights, life here is both enriching and enjoyable.

🍽️Dining & Entertainment

** Food lovers will delight in the array of dining options available, from the cozy ambiance of Carens Rosedale to the casual charm of Happy Burger. With cafes like Boxcar Social and Spring Cafe Bistro nearby, you’ll have the perfect spots for catching up with friends or enjoying a quiet afternoon. The vibrant dining scene caters to a variety of tastes, ensuring there’s something for everyone. **OUTDOOR_RECREATION:** Residents can easily escape to nature with several parks within walking distance, such as Lionel Conacher Park and Ramsden Park, offering green spaces for relaxation and recreation. Whether it's a leisurely stroll, a picnic, or an active afternoon in the playgrounds, these parks provide a perfect backdrop for outdoor enjoyment. The proximity to these recreational areas enriches the lifestyle, inviting residents to embrace the outdoors. **OVERALL_LIFESTYLE:** Living at 28 Macpherson Avenue means embracing a lifestyle that balances comfort, convenience, and community spirit. The vibrant neighborhood fosters connections among residents, while nearby amenities cater to everyday needs and leisure pursuits alike. With easy access to schools, parks, dining, and transit, this area offers a fulfilling, dynamic living experience that truly feels like home. Whether you’re enjoying a sunny day in the park or indulging in the local culinary delights, life here is both enriching and enjoyable.

🌳Outdoor Recreation

** Residents can easily escape to nature with several parks within walking distance, such as Lionel Conacher Park and Ramsden Park, offering green spaces for relaxation and recreation. Whether it's a leisurely stroll, a picnic, or an active afternoon in the playgrounds, these parks provide a perfect backdrop for outdoor enjoyment. The proximity to these recreational areas enriches the lifestyle, inviting residents to embrace the outdoors. **OVERALL_LIFESTYLE:** Living at 28 Macpherson Avenue means embracing a lifestyle that balances comfort, convenience, and community spirit. The vibrant neighborhood fosters connections among residents, while nearby amenities cater to everyday needs and leisure pursuits alike. With easy access to schools, parks, dining, and transit, this area offers a fulfilling, dynamic living experience that truly feels like home. Whether you’re enjoying a sunny day in the park or indulging in the local culinary delights, life here is both enriching and enjoyable.

Nearby Schools

Parks & Recreation

Local Amenities

Dining

Other

Coffee & Cafes

Pharmacy

POI data updated 2/10/2026

Toronto (Annex) Market Snapshot

182

Active Listings

$1092K

Median Price

0

Avg Days on Market

Last updated: Feb 13, 2026

Listed by

ROYAL LEPAGE REAL ESTATE SERVICES LTD.

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$9,995,000