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28 Macfarlane Avenue
Welcome to 28 Macfarlane Ave, a 1,724 sq. ft. fully finished bungalow that has been substantially professionally renovated inside and out. The home offers outstanding curb appeal with its oversized front yard, large mature evergreen, and recently refinished cedar siding. Step inside to an inviting open concept main living area where beautiful hardwood flooring flows throughout the living room, dining area, and kitchen. The spacious living room is filled with natural light from the large front windows, while the generous dining area offers plenty of room for hosting family and friends. The fully renovated kitchen features timeless white cabinetry, a large centre island with a modern light oak finish, stainless steel appliances, and a stylish white subway tile backsplash. Just beyond the kitchen is a cozy family room with glass patio doors leading to the huge private backyard. The spacious primary suite includes a generous bedroom, an open wardrobe and dressing area, and a beautifully renovated 3-piece ensuite with a custom tiled shower. Plumbing has also been roughed in behind the cabinetry in the dressing area, providing the option to add a convenient main-floor laundry if desired. Three additional bedrooms, a 4-piece bathroom, and a practical boot room with built-in bench seating complete the main level. The unique main level layout—expanded by a thoughtful main-floor addition—creates a sprawling and open experience rarely found in this mature neighborhood. Head downstairs and you will walk into the large open recreation and games room, making it an ideal space for entertaining or relaxing. Downstairs also offers two large bedrooms, a beautifully renovated 4-piece bathroom, a laundry room, and a utility / storage room. The oversized heated 16' x 28' single detached garage, built in 2018, provides room for a vehicle along with plenty of additional storage, including a built-in storage shed at the rear of the garage. Situated on an oversized 7,820 sq. ft. lot, the ba ckyard is a private retreat featuring a garden space, play centre, large patio, mature landscaping with beautiful perennials, and extensive newly poured concrete surrounding both the home and garage. Additional updates include vinyl windows throughout, including triple pane windows on the main floor (2026), shingles on the house (2018), updated plumbing lines, an updated hot water tank (2020), an updated electrical panel, newer and some brand new appliances, and much more. Located on a quiet street in desirable Morrisroe, this exceptional home is a short distance from parks, schools, shopping, and the Collicutt Centre, offering the perfect balance of privacy and everyday convenience. *The light oak floor register for the kitchen island is currently on order and will be installed soon. It is currently missing. The seller is also having a rubber finish applied to the front steps. A couple bedrooms photos had furniture virtually staged. (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| Recreational, Games room | 24.67 Ft x 29.25 Ft | |
| Bedroom | 14.50 Ft x 12.25 Ft | |
| Bedroom | 12.92 Ft x 10.67 Ft | |
| 4pc Bathroom | 9.00 Ft x 5.50 Ft | |
| Laundry room | 7.92 Ft x 7.33 Ft | |
| Storage | 14.50 Ft x 11.83 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| Kitchen | 15.33 Ft x 13.92 Ft | |
| Dining room | 9.25 Ft x 9.67 Ft | |
| Living room | 15.42 Ft x 13.42 Ft | |
| Primary Bedroom | 13.42 Ft x 26.33 Ft | |
| 3pc Bathroom | 4.92 Ft x 12.83 Ft | |
| Bedroom | 9.50 Ft x 11.75 Ft | |
| Bedroom | 12.92 Ft x 8.00 Ft | |
| Bedroom | 8.17 Ft x 12.00 Ft | |
| 4pc Bathroom | 4.83 Ft x 8.50 Ft | |
| Family room | 14.58 Ft x 13.67 Ft |
10-item due-diligence checklist. We can pre-flight most of these for you on a CMA call.
Comparable sales
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Property condition
Roof age, furnace age, hot-water tank age, electrical panel size, windows. Cosmetic vs structural.
Zoning
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Suite legality / potential
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Monthly carrying cost
Mortgage + property tax + insurance + condo fee (if any) + utilities. Compare to your max budget.
Property taxes
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Insurance estimate
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Commute
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Deposit and financing conditions
Deposit size, financing condition window, condition removal date, possession date — all negotiable.
Inspection considerations
Budget for a home inspector ($500–700) and any specialty inspections (sewer scope, mould, asbestos for pre-1990 builds).
Cash on cash
-1.24%
Cap rate
4.62%
GRM
13.9
Break-even rent
$3,601
Financing
Operating expenses (monthly)
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Approximation only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.
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Monthly carrying costs (shared)
Approximation only. CMHC default insurance is included when down payment is under 20%. Property tax and condo fees come from MLS when listed and may not reflect the current billing year. Accelerated bi-weekly frequency reduces total interest paid vs. monthly — confirm with a broker. Suite rental income depends on permits, market rent, and vacancy. Always validate with a mortgage broker before writing an offer.
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Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Jul 9, 2026.
Location of this listing. Distances are straight-line.
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Buyer-fit signals
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