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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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  • 444 Main Street E in North Bay: Central Commercial for sale : MLS®# X13819098

    444 Main Street E Central North Bay P1B 1B5
    Main Photo: 444 Main Street E in North Bay: Central Commercial for sale : MLS®# X13819098

    444 Main Street E North Bay P1B 1B5 Central

    $699,000 /For Sale
    Commercial
    Status:
    Active
    MLS® Num:
    X13819098
    Major Bus.:
    Apts - 2 To 5 Units
    Total Area:
    2,449.25 sq. ft.
    Attention Investors! Solid five unit investment property, featuring a desirable unit mix: one 3 bedroom unit, two 2 bedroom units and two 1bedroom units. Conveniently located across from GoodLife Fitness, with onsite parking for added tenant convenience. A great opportunity to add a multi unit income property to your portfolio. More details
    Listed by EXP REALTY
    LISTING DETAILS
    DARYL KING

  • 10 Lincoln Street in Ajax: Central West Commercial for sale : MLS®# E13817988

    10 Lincoln Street Central West Ajax L1S 6C8
    Main Photo: 10 Lincoln Street in Ajax: Central West Commercial for sale : MLS®# E13817988

    10 Lincoln Street Ajax L1S 6C8 Central West

    $1,999,000 /For Sale
    Commercial
    Status:
    Active
    MLS® Num:
    E13817988
    Major Bus.:
    Apts - 2 To 5 Units
    Total Area:
    1 sq. ft.
    Rare opportunity to own a beautifully renovated legal triplex in the heart of Pickering Village, Ajax. This exceptional property offers three spacious 2-bedroom units, each fully renovated with modern kitchens, updated bathrooms and flooring. Situated on an expansive lot with 8 parking spaces plus a 2-car garage, this property offers an excellent opportunity for an investor seeking income-producing units with the flexibility for owner-occupancy or multi-generational living. Additional rental income potential from parking and garage space. Each apartment has a separate hydro meter, with hydro paid directly by the tenants. The property also features a high-efficiency tankless combination heating and hot water system. Situated within steps of all local Pickering Village amenities, including adjacent commercial laundry and wash-and-fold services. Seller-provided estimated market rents: *Main floor 2 bedroom with w/o to fenced yard - $2,800 plus hydro* *Second floor 2 bedroom $2,600 plus hydro* *Third floor 2 bedroom (temporarily occupied by a friend of the Seller) $2,500 plus hydro = $94,800* -- Annual operating expenses: Property Taxes $7,699 (2026) -- Property Insurance $3,030 -- Gas (Tankless heat & hot water) $1,095 -- Hydro $663 (This is for the house meter, apartments have separate meters paid by tenants -- Water/sewer $1,338 -- Snow & grass $2,202 = $16,027 More details
    Listed by Re/Max Hallmark First Group Realty Ltd.
    LISTING DETAILS
    DARYL KING

  • 82-84 Welland Avenue in St. Catharines: 451 - Downtown Commercial for sale : MLS®# X13814084

    82-84 Welland Avenue 451 - Downtown St. Catharines L2R 2N1
    Main Photo: 82-84 Welland Avenue in St. Catharines: 451 - Downtown Commercial for sale : MLS®# X13814084

    82-84 Welland Avenue St. Catharines L2R 2N1 451 - Downtown

    $1,599,000 /For Sale
    Commercial
    Status:
    Active
    MLS® Num:
    X13814084
    Major Bus.:
    Apts - 6 To 12 Units
    Total Area:
    6,448 sq. ft.
    133k/unit at approx. cap rate of 9.2%. 12-unit building (2x bachelors, 8x 1 bedrooms & 2x 2 bedrooms). Building features revitalized common areas and renovated units. Tenants pay Hydro. Updated Fire Suppression System (2026), installed separate electrical meters (2025). Clean Phase 1 ESA (2026). Windows replaced (2022). Laundry on site, 8 Parking spaces. TOURS TO SEE ALL UNITS: Sunday, September 27th from 10:00 AM to 12:00 PM. Please confirm Attendance. More details
    Listed by MYSAK REALTY INC.
    LISTING DETAILS
    DARYL KING

  • 12-14 Victor Street in London South: South S Commercial for sale : MLS®# X13815676

    12-14 Victor Street South S London South N6C 1B7
    Main Photo: 12-14 Victor Street in London South: South S Commercial for sale : MLS®# X13815676

    12-14 Victor Street London South N6C 1B7 South S

    $625,000 /For Sale
    Commercial
    Status:
    Active
    MLS® Num:
    X13815676
    Major Bus.:
    Apts - 6 To 12 Units
    Total Area:
    4,424 sq. ft.
    Renovated 4-unit with cap rate of 7.9%. Gross annual income of $72,840. Suite breakdown 4x 2bedrooms. Building features revitalized common areas, renovated units and restored front entrance portico. Separate Gas & Hydro meters. Windows replaced (2022). Laundry on site, 5 Parking spaces. 8 min drive to Western University, and short walk away from local amenities. More details
    Listed by MYSAK REALTY INC.
    LISTING DETAILS
    DARYL KING

  • 40 Clarendon Avenue in Hamilton: Balfour Commercial for sale : MLS®# X13814790

    40 Clarendon Avenue Balfour Hamilton L9A 3A1
    Main Photo: 40 Clarendon Avenue in Hamilton: Balfour Commercial for sale : MLS®# X13814790

    40 Clarendon Avenue Hamilton L9A 3A1 Balfour

    $749,900 /For Sale
    Commercial
    Status:
    Active
    MLS® Num:
    X13814790
    Major Bus.:
    Apts - 2 To 5 Units
    Total Area:
    974 sq. ft.
    Legal duplex on the Hamilton Mountain, converted under permit with all permits closed. 40 Clarendon Avenue is a detached, solid-brick bungalow in Balfour, just off Upper James and Fennell, configured as two self-contained units with separate entrances, separate kitchens, in-suite laundry and separate hydro meters. The main-floor unit has three bedrooms, a four-piece bathroom, a generous size living room and an updated modern kitchen with quartz countertops. It is vacant, which gives a buyer two clean options: move in, or choose a tenant and set rent at today's market rate. The lower unit has two large bedrooms plus an additional flex space, a brand-new kitchen, a brand-new three-piece bathroom and its own entrance. It is currently rented at $2,050 per month. The work behind the walls matters as much as the finishes. Electrical has been updated, each unit is metered separately for hydro, and the conversion documentation is available to serious buyers. Gas heating and central air serve the home. The lot carries a double-wide asphalt driveway with parking for four vehicles, a practical detail for a two-unit property. Public transit, parks, schools and hospital services are close by, and Upper James puts groceries, restaurants and the LINC within a short drive. For an investor, this is a turnkey two-unit property with one rent in place and one unit ready to lease. For an owner-occupier, the lower unit's rent offsets the monthly carrying cost. Freehold, with flexible possession. More details
    Listed by ROCK STAR REAL ESTATE INC.
    LISTING DETAILS
    DARYL KING

  • 454 Donlands Avenue in Toronto: East York Commercial for sale (Toronto E03) : MLS®# E13816228

    454 Donlands Avenue East York Toronto M4J 3S5
    Main Photo: 454 Donlands Avenue in Toronto: East York Commercial for sale (Toronto E03) : MLS®# E13816228

    454 Donlands Avenue Toronto M4J 3S5 East York

    $1,395,000 /For Sale
    Commercial
    Status:
    Active
    MLS® Num:
    E13816228
    Major Bus.:
    Apts - 2 To 5 Units
    Total Area:
    2,365 sq. ft.
    This meticulously maintained 2-storey multiplex offers a flexible layout of separate self-contained living spaces across three levels, each with its own kitchen and entrance access - ideal for investors, multi-generational families, or owner-occupiers looking to offset their mortgage with rental income. With 3+ bedrooms, 8 washrooms, and roughly 3,200 sq ft of total living space, this well-built 2001 home was designed for flexible & income-generating use. The main and second floors feature bright, spacious principal rooms, generous closets, a walk-out balcony from the primary bedroom, and a walk-out to a covered front porch, while the lower level offers a separate entrance and two additional bedrooms - perfect for extended family living or as a rented unit. Currently partially tenanted, the property offers immediate holding income with room to lease additional space, giving buyers flexibility to configure the property to suit their own plans. Set on a generous 39.5 x 106.5 ft lot, the property includes a detached 1.5-car garage with potential for additional parking income. Forced air gas heat, central air conditioning, municipal water and sewers, & an owned water heater round out the mechanicals. The property is currently zoned Residential Detached (RD) and fronts Donlands Ave, a City-identified major street; under Toronto's current Major Streets Zoning By-law, qualifying RD-zoned lots on designated major streets may permit small-scale apartment buildings up to six storeys and up to 60 units as-of-right, with significantly reduced parking requirements - a meaningful policy-driven upside for buyers considering redevelopment or intensification, though actual permitted density and unit yield for this specific lot should be independently confirmed with the City and a qualified planner. Steps to Donlands Subway Station on Line 2, with the future Ontario Line's Cosburn Station (Pape & Cosburn) currently under construction. More details
    Listed by RE/MAX REALTRON REALTY INC.
    LISTING DETAILS
    DARYL KING

  • 49-67 Adelaide Street in Kingston: 22 - East of Sir John A. Blvd Commercial for sale : MLS®# X13813188

    49-67 Adelaide Street 22 - East of Sir John A. Blvd Kingston K7K 1Y3
    Main Photo: 49-67 Adelaide Street in Kingston: 22 - East of Sir John A. Blvd Commercial for sale : MLS®# X13813188

    49-67 Adelaide Street Kingston K7K 1Y3 22 - East of Sir John A. Blvd

    $3,149,900 /For Sale
    Commercial
    Status:
    Active
    MLS® Num:
    X13813188
    Major Bus.:
    Apts - 6 To 12 Units
    Total Area:
    8,280 sq. ft.
    An excellent opportunity to acquire a 10 unit townhouse complex positioned on the outskirts of Downtown Kingston, offering strong income, functional layouts & long term investment appeal. The property is comprised of 10 attached townhouse units with a mix of 2 & 3 bedroom layouts, each featuring its own private walk-out basement, with 6 units also offering decks off the living room. Six of the ten units have been renovated, creating a strong blend of updated interiors with continued upside potential across the remaining units. The property is designed for efficient ownership, with all units separately metered, tenants paying their own utilities, & each unit equipped with its own forced air gas furnace & hot water tank. Additional highlights include a massive parking lot & a 12 ft x 27 ft storage shed. Based on the current rent roll & expenses, the property offers an approximate current Cap Rate of 5.24%, with a projected Cap Rate of approximately 5.37% based on scheduled 2026 rent increases. With townhouse-style units, tenant-paid utilities, individual mechanical systems, strong parking & close proximity to Downtown Kingston & public transit, this is a compelling income-producing property with excellent operational fundamentals. More details
    Listed by ROYAL LEPAGE PROALLIANCE REALTY, BROKERAGE
    LISTING DETAILS
    DARYL KING

  • 75-77 Sherman Avenue S in Hamilton: Gibson Commercial for sale : MLS®# X13809128

    75-77 Sherman Avenue S Gibson Hamilton L8M 2P8
    Main Photo: 75-77 Sherman Avenue S in Hamilton: Gibson Commercial for sale : MLS®# X13809128

    75-77 Sherman Avenue S Hamilton L8M 2P8 Gibson

    $969,900 /For Sale
    Commercial
    Status:
    Active
    MLS® Num:
    X13809128
    Major Bus.:
    Apts - 2 To 5 Units
    Total Area:
    4,000 sq. ft.
    One of Hamilton's original majestic homes, built in the late 1800s and beautifully preserved on a premium 52 x 110 ft lot. This approx. 4,000 sq ft triplex plus in-law suite offers five income streams - spacious 2-bedroom units throughout, gleaming refinished hardwood, restored oak trim and original doors, ornate fireplaces, and beveled leaded glass that simply can't be replicated today. Major systems are done: Weil-McLain boiler, fire retrofit, full basement waterproofing, and an independent basement heating system. Whether you're an investor eyeing strong cash flow & cap rates from 5 income streams or a house hacker looking to live nearly carrying-cost-free while tenants pay the mortgage, this is a rare, turnkey opportunity in a character home that doesn't come to market often. Ample parking in the driveway and storage in the double garage. More details
    Listed by ROCK STAR REAL ESTATE INC.
    LISTING DETAILS
    DARYL KING

  • Commercial in London East

    Contact for address
    Main Photo: Commercial in London East

    Contact for address details

    Commercial
    LISTING DETAILS
    DARYL KING
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  • 135 Sammon Avenue in Toronto: Danforth Village-East York Commercial for sale (Toronto E03) : MLS®# E13808676

    135 Sammon Avenue Danforth Village-East York Toronto M4J 1Y9
    Main Photo: 135 Sammon Avenue in Toronto: Danforth Village-East York Commercial for sale (Toronto E03) : MLS®# E13808676

    135 Sammon Avenue Toronto M4J 1Y9 Danforth Village-East York

    $2,950,000 /For Sale
    Commercial
    Status:
    Active
    MLS® Num:
    E13808676
    Major Bus.:
    Apts - 6 To 12 Units
    Total Area:
    9,082 sq. ft.
    Rare opportunity! 11-unit Multi-Family Residential Building Located in East York. Detached 2.5 Storey With a Gross Leasable Building Area of About 9,082 sq ft. 6 x Two Bed, 5 x One Bed, 1 xBach. Tenants Pay Hydro. Clean and Strong Long-Term Tenants. 6 Surface Parking Spaces and a 2-car Built-In Garage at The Rear of The Property. Roof replaced in 2018. More details
    Listed by CITYSCAPE REAL ESTATE LTD.
    LISTING DETAILS
    DARYL KING

  • 141 Hotchkiss Street in Gravenhurst: Muskoka (S) Commercial for sale : MLS®# X13805410

    141 Hotchkiss Street Muskoka (S) Gravenhurst P1P 1H6
    Main Photo: 141 Hotchkiss Street in Gravenhurst: Muskoka (S) Commercial for sale : MLS®# X13805410

    141 Hotchkiss Street Gravenhurst P1P 1H6 Muskoka (S)

    $1,595,000 /For Sale
    Commercial
    Status:
    Active
    MLS® Num:
    X13805410
    Major Bus.:
    Apts - 2 To 5 Units
    Total Area:
    5,600 sq. ft.
    Prime Investment Opportunity in the Heart of Gravenhurst! Exceptional mixed-use income property ideally located in Downtown Gravenhurst, offering a are combination of stable cash flow, strong upside potential, and long-term value. This well-maintained mixed use building is an attractive addition to any investment portfolio. One commercial unit with approximately 2,500 square feet of versatile frontage space, currently tenanted, C1-A zoning ideal for a variety of business uses in a high visibility Downton location. Above and alongside, the resident component totals approximately 2,600 square feet, comprised of five desirable two-bedroom units that continue to generate reliable rental income. Recent improvements demonstrate pride of ownership and reduce future capital concerns, including four year old roof, new staircases, a newer furnace and the recent addition of a new 5th two bedroom apartment that is ready for occupancy and presents immediate income growth. Tenants benefit from convenient on-site coin laundry, while investors will appreciate the strong proforma cap rate of 6.2% and consistent revenue stream from this proven asset. This property is a turkey opportunity in majestic Muskoka's most vibrant and growing communities. Whether you are expanding your portfolio or seeking solid first investment, this Downtown Gravenhurst mixed-use property is a smart acquisition with strong income today and upside for tomorrow. More details
    Listed by Re/Max Professionals North
    LISTING DETAILS
    DARYL KING

  • 430 Albert Street in South Huron: Exeter Commercial for sale : MLS®# X13803856

    430 Albert Street Exeter South Huron N0M 1S1
    Main Photo: 430 Albert Street in South Huron: Exeter Commercial for sale : MLS®# X13803856

    430 Albert Street South Huron N0M 1S1 Exeter

    $750,000 /For Sale
    Commercial
    Status:
    Active
    MLS® Num:
    X13803856
    Major Bus.:
    Apts - 2 To 5 Units
    Total Area:
    2,532 sq. ft.
    A rare opportunity for anyone with adult children or an active senior parent to live together yet separately, each with private interior and garden spaces. This Family Compound sits in thriving Exeter, gateway to the beaches of Lake Huron and a short drive to London and Stratford. It also includes a 600+ sq ft double-insulated garage, ideal as a working shop or artist's studio. Extensively renovated in recent years, the property was retrofitted with a fully legal, code-compliant ARU of approx. 1,000 sq ft. What makes it unique: rather than a laneway house, these are two stunning residences fronting two separate leafy streets. The Main House (ca. 1900) began as a Victorian cottage and grew into a warm 3-bedroom, 2.5-bath home full of light and character. The main-floor Primary Bedroom has a 3-piece ensuite and oversized closet. The renovated white kitchen with quartz counters and pantry leads to a bright dining room and out to a fenced side yard with a large deck and maple shade trees. Upstairs: two more bedrooms plus a 4-piece bath with front-load washer/dryer. The Second Residence is a sophisticated Urban Farmhouse Board and Batten coach house of 1,000 sq ft, a stunning twin to the main home. The main-floor entry doubles as a home office. Upstairs, a flexible loft-style space surprises with a chef's kitchen and access to a landscaped gazebo garden. Set in the A-lister Heritage corner of Exeter, minutes from shops and destination restaurants but nestled in a quiet, leafy neighbourhood. A wonderful space you'll be proud to call home. More details
    Listed by Peak Select Realty Inc
    LISTING DETAILS
    DARYL KING
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Data was last updated September 23, 2026 at 02:15 PM (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

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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.

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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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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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