Apartment Buildings for Sale – Invest in High-Demand Real Estate
Looking for apartment buildings for sale? Whether you’re a seasoned investor or entering the real estate market for the first time, owning an apartment building is a powerful way to generate passive income, build equity, and diversify your portfolio. Explore a variety of multi-unit properties offering strong returns and growth potential.
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29 Love Crescent in Toronto: East End-Danforth Commercial for sale (Toronto E02) : MLS®# E12899240
29 Love Crescent Toronto M4E 1V6 
$1,480,000 /For SaleCommercial- Status:
- Active
- MLS® Num:
- E12899240
- Major Bus.:
- Apts - 2 To 5 Units
- Total Area:
- 2,096 sq. ft.
Welcome to the Upper Beaches-Toronto's Coastal Crown Jewel! This is more than a property; it's a rare treasure in one of the city's most sought-after enclaves! Presenting a distinctive income-generating masterpiece featuring three fully self-contained residential suites, a spacious two-car garage, and individual hydro meters-perfectly tailored for the discerning investor or multi-generational family looking to live stylishly while earning effortlessly. Immerse yourself in the best of city-meets-lakeside living: stroll to the beach, savour the energy of trendy cafés and restaurants, and enjoy effortless access to the TTC, major highways, and the DVP. This location offers the ultimate urban lifestyle with a relaxed, beach-town feel. With tenants currently on a month-to-month basis, you're gifted with unmatched flexibility-move right in, lease for passive income, or redesign to your heart's content. A rare opportunity not to be missed! More detailsListed by ROYAL LEPAGE TERREQUITY REALTY- DARYL KING
- RE/MAX HALLMARK REALTY LIMITED
- 1 (905) 9075464
- homes@darylking.com
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3 Claremont Drive in Manor Park - Cardinal Glen and Area: 3102 - Manor Park Commercial for sale : MLS®# X12901784
3 Claremont Drive Manor Park - Cardinal Glen and Area K1K 4J6
$3,595,000 /For SaleCommercial- Status:
- Active
- MLS® Num:
- X12901784
- Major Bus.:
- Apts - 2 To 5 Units
- Total Area:
- 5,350 sq. ft.
Rarely does a real estate investment property of this caliber become available. 3 Claremont Drive is an exquisitely designed, concrete and wood-constructed three-story building, masterfully built with no expense spared. The property features a dental office on the main floor and four spacious two-bedroom apartments on the second and third floors. Each apartment offers an identical layout of approximately 1,180 square feet and is finished with high-quality materials, including hardwood floors, ceramic tiling, and premium fixtures. Amenities include six appliances (with ensuite laundry), gas fireplaces, central air conditioning, intercom systems, and large balconies. The building provides six underground parking spaces and three tandem surface spaces at grade. The property maintains zero vacancy; the dental practice is on a long-term triple net lease, while residential tenants pay their own heat and hydro. There is significant upside potential for residential rental income. Given the new zoning overlay and the integrity of the pre-engineered concrete and steel superstructure, there may be an opportunity to add additional floors for further rental suites in the future. The current Net Operating Income (NOI) exceeds $156,000, with a clear path to increase this to over $180,000 upon turnover. There is a recent Building Inspection Report, and Appraisal on hand to be shared with qualified prospective buyers. All enquiries welcome. More detailsListed by LPT REALTY- DARYL KING
- RE/MAX HALLMARK REALTY LIMITED
- 1 (905) 9075464
- homes@darylking.com
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22-24 St Francis Street in West Centre Town: 4203 - Hintonburg Commercial for sale : MLS®# X12896488
22-24 St Francis Street West Centre Town K1Y 1W5
$1,800,000 /For SaleCommercial- Status:
- Active
- MLS® Num:
- X12896488
- Major Bus.:
- Apts - 6 To 12 Units
- Total Area:
- 5,391 sq. ft.
Turnkey income property in one of Ottawa's most sought-after neighbourhoods. This fully tenanted six unit building comprises two semi-detached buildings offering nine bedrooms across six units - three spacious two-bedroom units at No. 22 and three one-bedroom units (one with den) at No. 24 - generating strong income with excellent upside at renewal. Over $250,000 in capital improvements since 2010 including a modern gas boiler, all-new electrical panels, vinyl siding and windows, a comprehensive drainage system, new retaining wall, and professionally renovated kitchens and bathrooms with hardwood and ceramic flooring throughout. Unit 3-22 features a rooftop terrace with composite decking, and Building 24 has a newly constructed rear staircase with exclusive use decks - both exceptional lifestyle additions rarely found in multi-residential. The 6,225 sq ft lot (50 ft 124.5 ft) sits in the new N4B zone under Ottawa's 2026 Zoning By-law, presenting significant redevelopment or intensification potential while current income covers carrying costs. Eight dedicated parking spaces included. Steps to the Hintonburg shops along Wellington Street, the O-Train Bayview and Tunney's Pasture stations, the Ottawa River pathway, and a quick commute to the Civic Hospital and downtown. Low operating expenses and a proven rental market driven by young professionals, federal employees, and health care employees make this a compelling hold or build opportunity. Email today for the complete details. More detailsListed by ENGEL & VOLKERS OTTAWA- DARYL KING
- RE/MAX HALLMARK REALTY LIMITED
- 1 (905) 9075464
- homes@darylking.com
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882 Broadview Avenue in Toronto: Playter Estates-Danforth Commercial for sale (Toronto E03) : MLS®# E12893662
882 Broadview Avenue Toronto M4K 2R1
$1,999,000 /For SaleCommercial- Status:
- Active
- MLS® Num:
- E12893662
- Major Bus.:
- Apts - 6 To 12 Units
- Total Area:
- 2,800 sq. ft.
Rare investment and development opportunity in the heart of Playter Estates with this detached, legal purpose-built 6-plex situated on a prime 32x130 foot lot. Located just steps from Broadview Station and the endless amenities of the Danforth, this property offers incredible versatility with 6 rear parking spots, two interior stairwells, and all-electric heating and cooling. The building is primed for high-yield cash flow as 5 of the 6 one-bedroom units were fully renovated within the last year, and the property can be delivered vacant on closing to allow for immediate market-rent optimization. Beyond its current state, the site holds massive upside with a proposed redevelopment plan for an 8-storey mid-rise consisting of 27 residential units and one ground-floor retail unit; architectural drawings are available for review, making this an ideal acquisition for those looking to hold a renovated asset or execute a high-density vision in a world-class transit hub. More detailsListed by PROPERTY.CA INC.- DARYL KING
- RE/MAX HALLMARK REALTY LIMITED
- 1 (905) 9075464
- homes@darylking.com
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448 Mcintyre Street E in North Bay: Central Commercial for sale : MLS®# X12892828
448 Mcintyre Street E North Bay P1B 1E2
$1,700,000 /For SaleCommercial- Status:
- Active
- MLS® Num:
- X12892828
- Major Bus.:
- Apts - 6 To 12 Units
- Total Area:
- 7,600 sq. ft.
Prime North Bay Investment Opportunity! Unlock the potential of this exceptional 11-unit income property in the heart of North Bay. Conveniently located within walking distance to shops, dining, and everyday essentials, this property offers unbeatable convenience for tenants and strong appeal for investors. The building features a desirable unit mix, including 2 bachelor suites, 1 spacious one-bedroom/one-bath unit, and 8 two-bedroom/one-bath units-a layout that attracts a broad tenant base and supports consistent rental demand. The property has seen numerous upgrades and improvements completed since the current owner's purchase, ensuring a well-maintained and professionally cared-for asset. Situated directly on a public transit route and offering ample on-site parking at the rear of the building, this property checks all the boxes for tenant convenience. Don't miss this rare opportunity to own a solid, income-generating property. More detailsListed by REALTY EXECUTIVES Local Group Inc. Brokerage- DARYL KING
- RE/MAX HALLMARK REALTY LIMITED
- 1 (905) 9075464
- homes@darylking.com
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1980-1988 Barber House Lane in Mississauga: Central Erin Mills Commercial for sale : MLS®# W12887676
1980-1988 Barber House Lane Mississauga L5M 2G9
$3,399,000 /For SaleCommercial- Status:
- Active
- MLS® Num:
- W12887676
- Major Bus.:
- Apts - 2 To 5 Units
- Total Area:
- 5,213 sq. ft.
Rare Opportunity To Acquire A Fully Stabilized, Income-Producing Asset Within The Highly Desirable Barber House Lane Complex. This Unique Property Consists Of Four Townhouse Units Thoughtfully Configured Within The Historic Former Barber House Restaurant, Blending Character Architecture With Modern Residential Functionality. The Property Is Fully Tenanted With AAA Tenants, Providing Strong, Reliable Rental Income And Minimal Management Requirements. Structured As A Common Element Condominium, Ownership Benefits From Simplified Maintenance And Shared Upkeep Of Common Areas, Making This An Attractive Turn-Key Investment Opportunity. Ideally Suited For Investors Seeking Stable Cash Flow, Quality Tenancy, And A Distinctive Boutique Residential Asset In A Well-Established Community. Opportunities To Acquire Multiple Units Within This Character Redevelopment Are Extremely Limited. More detailsListed by CAPITAL NORTH REALTY CORPORATION- DARYL KING
- RE/MAX HALLMARK REALTY LIMITED
- 1 (905) 9075464
- homes@darylking.com
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341 Division Street in Kingston: 22 - East of Sir John A. Blvd Commercial for sale : MLS®# X12888380
341 Division Street Kingston K7K 4A2
$669,900 /For SaleCommercial- Status:
- Active Under Contract
- MLS® Num:
- X12888380
- Major Bus.:
- Apts - 2 To 5 Units
- Total Area:
- 248 sq. ft.
Attention Investors and Queen's University Parents! Beautifully kept cash-flowing legal non-conforming triplex in prime downtown Kingston location! Aggressively priced and fully rented with a 7.28% cap rate and immediate cash flow. Unit #1 (1BR): $1,600/month, Unit #3 (1BR): $1,600/month, Unit #2 (2BR): $1,900/month for a total gross income of $61,200 annually. Operating expenses are $12,440 (Taxes: $4,568, Insurance: $2,210, Utilities: $5,662) for an NOI of $48,760 with upside potential to $55,000+ through strategic rent increases. Each unit features in-suite laundry and dedicated parking-a rare combination that commands premium rents. The building is in excellent condition with extensive recent upgrades including plumbing, electrical, furnace, roof, windows, soffits, and eaves. High ceilings and exposed brick throughout make units highly attractive to tenants. This is a turnkey investment with quality tenants in place, low operating costs, and strong cash flow from day one. Perfect for first-time multi-family investors or experienced landlords looking for a solid performing asset in Kingston's strong rental market. Easy showings available-call, text, or email to book your viewing. More detailsListed by RE/MAX RISE EXECUTIVES, BROKERAGE- DARYL KING
- RE/MAX HALLMARK REALTY LIMITED
- 1 (905) 9075464
- homes@darylking.com
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152 Goulburn Avenue in Lower Town - Sandy Hill: 4004 - Sandy Hill Commercial for sale : MLS®# X12886582
152 Goulburn Avenue Lower Town - Sandy Hill K1N 8E2
$2,075,000 /For SaleCommercial- Status:
- Active
- MLS® Num:
- X12886582
- Major Bus.:
- Apts - 6 To 12 Units
- Total Area:
- 3,520 sq. ft.
Turnkey prime investment opportunity. Purpose-built legal 6 unit multifamily in the heart of Sandy Hill. Very desirable rental market neighbourhood walking distance to Ottawa University. Stately all brick building. GOI $138, 257. Expenses $29,689. NOI $108,568. Currently offering at a 5% cap rate. Well maintained. Provides steady returns. Never a vacancy. Cooperative tenants. 2 one bedroom units, 2 two bedroom units and 2 three bedroom units. Very spacious units with eat-in kitchens and large living rooms. 5 units have a washer and dryer. Also included: 6 fridges, 6 stoves, hood fans and 6 hot water tanks. 5 parking spaces behind the building. Currently only two are rented. Updates include: Repaired foundation masonry/repair foundation spray foam in 2025 ($5200), Replaced boiler venting in 2024 ($3978), New washer/dryer in Unit 5 in 2023($1604), Full patch and paint for Unit 2 in 2022 ($1700), Added attic insulation in 2020 ($2316), Flushed, reamed and installed liner on main plumbing stack to City connection in 2017 ($6600), New front first floor windows 2016, Appliances between 2011-2016, Apt 5 completely renovated in 2015, Front porch/balcony 2012 & 2016, Roof 2011, Copper wiring 2011, Natural gas boiler 2006 and many more minor improvements. Walking distance to UOttawa LRT Station, the Rideau Centre, ByWard Market, Strathcona Park, Rideau River, etc. Financials, 2025 Fire report and rent roll attached. 24 hours notice is required for showings. More detailsListed by MARILYN WILSON DREAM PROPERTIES INC.- DARYL KING
- RE/MAX HALLMARK REALTY LIMITED
- 1 (905) 9075464
- homes@darylking.com
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144 King Street W: Cobourg Commercial for sale : MLS®# X12887826
144 King Street W Cobourg K9A 2M5
$2,600,000 /For SaleCommercial- Status:
- Active
- MLS® Num:
- X12887826
- Major Bus.:
- Apts - 6 To 12 Units
- Total Area:
- 13,068 sq. ft.
Exceptional fully renovated mixed-use 12-plex in the heart of Cobourg, Ontario. This turnkey property features 4 commercial units and 8 residential units, all with separate water and hydrometers, allowing tenants to pay their own utilities. Recent top-to-bottom upgrades ensure low maintenance and high appeal for current and potential tenants. Positioned in a desirable location, this property is a strong performer with exceptional income and low expenses. Additional revenue streams can be tapped from possible laundry and parking facilities. With Cobourg's growing market, this investment offers both immediate returns and future upside. Seize this rare opportunity to add a premier asset to your portfolio. Improvements include: new Mansard roof, fascia, all new pluming and electrical, all hydro and water meters separated, all new residential interior finishes and all new custom windows, with fire shutters on egress windows. Hundreds of thousands in upgrades! Please note that photos are from the prior listing - middle front commercial tenant is now Cobourg Fades. Some still photos and iGuide from prior to some residential tenants and central front commercial tenant moving in. More detailsListed by RE/MAX JAZZ INC.- DARYL KING
- RE/MAX HALLMARK REALTY LIMITED
- 1 (905) 9075464
- homes@darylking.com
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1264 Weston Road in Toronto: Mount Dennis Commercial for sale (Toronto W04) : MLS®# W12888346
1264 Weston Road Toronto M6M 4R1
$2,480,000 /For SaleCommercial- Status:
- Active
- MLS® Num:
- W12888346
- Major Bus.:
- Apts - 6 To 12 Units
- Total Area:
- 4,413.2 sq. ft.
Great opportunity, income, Legally Sixplex apartment totally separated from each other, Separate Entrance Door. Walk to Eglinton Crosstown Station, Go Station, UPS Station, TTC Transportation HUB and more can not miss it !! More detailsListed by ROYAL LEPAGE REAL ESTATE SERVICES NANCY SAEDI- DARYL KING
- RE/MAX HALLMARK REALTY LIMITED
- 1 (905) 9075464
- homes@darylking.com
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207 Wellington Street in Kingston: 22 - East of Sir John A. Blvd Commercial for sale : MLS®# X12888538
207 Wellington Street Kingston K7K 2Y6
$4,400,000 /For SaleCommercial- Status:
- Active
- MLS® Num:
- X12888538
- Major Bus.:
- Apts - 6 To 12 Units
- Total Area:
- 12,723 sq. ft.
3-storey mixed-use investment property in downtown Kingston. 14 units across 12,723 sf: 2 NNN commercial tenants plus 12 residential suites (15 bedrooms). Tenants pay own utilities. Ground-floor commercial comprises a pub/restaurant (approx. 2,600 sf) and a retail unit (approx. 1,147 sf), with TMI recoveries. The building presents exceptionally well with thoughtful upgrades throughout. High-ceiling residential suites feature hardwood floors, updated kitchens with stone countertops and stainless steel appliances, oversized heritage-scale windows, and exposed beam details in select units. Dedicated residential entrance with smart video intercom, on-site laundry, and renovated common corridors. Select upper-floor suites offer waterfront views. Zoned DT1. Steps to Market Square, Slush Puppie Place, City Hall, Queen's University, and Kingston's renowned waterfront. Heritage-designated limestone building, c.1885. Financial details provided under NDA to qualified parties. Additional information www.207wellington.com More detailsListed by HomeLife Power Realty Inc and RE/MAX FINEST REALTY INC., BROKERAGE- DARYL KING
- RE/MAX HALLMARK REALTY LIMITED
- 1 (905) 9075464
- homes@darylking.com
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70 Melbourne Avenue in Toronto: South Parkdale Commercial for sale (Toronto W01) : MLS®# W12884870
70 Melbourne Avenue Toronto M6K 1K7
$5,150,000 /For SaleCommercial- Status:
- Active
- MLS® Num:
- W12884870
- Major Bus.:
- Apts - 13 To 20 Units
- Total Area:
- 4,000 sq. ft.
Royal LePage Commercial is pleased to offer for sale 70 Melbourne Avenue in the heart of Parkdale. This 17 unit property presents investors with a rare opportunity to acquire a tenanted, value-add, character apartment building with strong market positioning and significant income growth potential. 70 Melbourne Avenue is a 2-storey walk-up apartment building, that has been well-maintained, with key restorations completed between 2015 and 2025. The Property benefits from high tenant appeal, driven by its desirable location in the heart of West Toronto. Residents enjoy outstanding access to all major local amenities in a community with continued growth and revitalization. The Property is also within walking distance of Queen Street, a vibrant retail corridor with a wide array of amenities and street car access. More detailsListed by ROYAL LEPAGE MEADOWTOWNE REALTY- DARYL KING
- RE/MAX HALLMARK REALTY LIMITED
- 1 (905) 9075464
- homes@darylking.com
Data was last updated March 20, 2026 at 04:15 AM (UTC)
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Why Invest in Apartment Buildings for Sale?
Owning an apartment building for sale provides unique advantages:
- Multiple rental units generate consistent monthly income
- Economies of scale make property management more efficient
- Opportunity to increase property value through renovations and upgrades
- High demand for rental housing in urban and suburban markets
What to Look for in Apartment Buildings for Sale
When evaluating apartment buildings for sale, consider:
- Vacancy rates and tenant demand in the area
- Location and proximity to transit, schools, and employment hubs
- Building condition, age, and potential maintenance costs
- Current rental income and future appreciation potential
Maximizing Exposure for Your Apartment Building
If you’re selling an apartment building, our platform offers exceptional exposure to a targeted audience of potential buyers. We utilize advanced marketing techniques to highlight the key features and benefits of your property, ensuring it stands out in the market. Our goal is to connect you with interested and qualified buyers efficiently, facilitating successful and profitable transactions.
Start Exploring Apartment Buildings for Sale Today
Whether you’re looking for small multi-family units or larger residential complexes, we offer a wide selection of apartment buildings for sale to match your investment goals. Let us help you find a property that offers steady income and long-term value.
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Each link provides updated listings and expert insights.
FAQs – Apartment Buildings for Sale
1. Are apartment buildings a good investment?
Yes, apartment buildings provide steady rental income, potential tax benefits, and property value appreciation over time.
2. What should I consider before buying an apartment building?
Evaluate location, tenant demand, building condition, rental income, and management costs.
3. Can first-time investors buy apartment buildings?
Yes, many financing options are available for new investors, including CMHC-backed loans and commercial mortgages.
4. How many units are considered an apartment building?
Typically, any property with five or more units is classified as an apartment building for investment purposes.
5. Where can I find apartment buildings for sale?
You can find listings across major cities and growing suburbs where rental demand remains strong.
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When it comes to buying a home, you deserve real estate guidance from a team that truly cares about your long-term investment and client experience. Find out what it’s like to get the Royal Treatment by booking a buying consultation today.