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.
querybuilder
-
367 Princess Avenue in London East: East F Commercial for sale : MLS®# X12908162
367 Princess Avenue London East N6B 2A7 
$1,260,000 /For SaleCommercial- Status:
- Active
- MLS® Num:
- X12908162
- Major Bus.:
- Apts - 2 To 5 Units
- Total Area:
- 14,068 sq. ft.
Well-maintained four-plex investment property located in London's highly desirable Old East Village, a neighbourhood experiencing significant revitalization and strong rental demand. The building features four self-contained residential units with 3 units currently vacant, offering investors stable income potential and long-term growth opportunities. Situated on a quiet residential street while remaining just minutes from Downtown London, the Western Fair District, and major transit routes, the property benefits from excellent accessibility to employment hubs, shopping, restaurants, and everyday amenities. The area continues to attract new development, local businesses, and residential investment, supporting long-term value appreciation. The property also offers ample on-site parking and convenient access to major roads and public transportation, making it attractive to tenants. A solid opportunity for investors seeking consistent cash flow and exposure to one of London's evolving urban neighbourhoods. More detailsListed by COLLIERS SOUTHWESTERN ONTARIO- DARYL KING
- RE/MAX HALLMARK REALTY LIMITED
- 1 (905) 9075464
- homes@darylking.com
To access this listing,
please create a free account -
90 Trethewey Drive in Toronto: Beechborough-Greenbrook Commercial for sale (Toronto W04) : MLS®# W12908662
90 Trethewey Drive Toronto M6M 4B4
$1,599,900 /For SaleCommercial- Status:
- Active
- MLS® Num:
- W12908662
- Major Bus.:
- Apts - 6 To 12 Units
- Total Area:
- 8,589.59 sq. ft.
Purpose-Built Multiplex - Six Spacious Units! Well-maintained detached building near Eglinton &Black Creek, offering 5 large two-bedroom suites plus 1 bachelor. Conveniently located with easy access to Hwy 401 & 400, TTC service on Trethewey with a direct bus to the new Eglinton Crosstown Subway, and within walking distance to local schools. Building Highlights: Roof(2018), Furnace (2009), Boiler (2009) Garage doors (2017) All units converted from fuses to breakers (2019). No knob & tube wiring. Approx. 6,888 sq. ft. (per attached floor plans, including basement) 5-car garage. Income: Gross annual rent of $101,240 (Approx., as per Seller). Important Notes: Fully tenanted. All tenants to be assumed. Vacant possession will not be provided. Photos are from a previous listing; current floor plans attached. AGENTS -FINANCIALS AND FLOORPLANS ARE ON THE ATTACHMENTS More detailsListed by HARVEY KALLES REAL ESTATE LTD.- DARYL KING
- RE/MAX HALLMARK REALTY LIMITED
- 1 (905) 9075464
- homes@darylking.com
-
61 Pearl Street E in Brockville: 810 - Brockville Commercial for sale : MLS®# X12910658
61 Pearl Street E Brockville K6V 1P6
$1,350,000 /For SaleCommercial- Status:
- Active
- MLS® Num:
- X12910658
- Major Bus.:
- Apts - 6 To 12 Units
- Total Area:
- 0 sq. ft.
Now is the time to take that step into the investment world with this income-generating 6-plex, complete with a separate house on the property. The house offers a great opportunity to live on-site while collecting rent from the six units. If the house becomes vacant, it also has strong potential as a short-term rental, adding another stream of income. The charming house features a fenced yard with plenty of room to create your own outdoor oasis. There's real potential here, whether for personal use or added rental appeal. The 6-plex offers a solid mix of unit types, including two-bedroom, one-bedroom, and one-bedroom-plus-den layouts, making it attractive to a wide range of tenants. Location is a standout. With a park across the street and the hospital, schools, shopping, waterfront, and public transit all within walking distance, this is a highly desirable area for both living and renting. Each unit includes one parking space, a valuable feature for tenants. Major updates have already been completed, including the roof and gas hot water boiler in recent years. A strong investment opportunity in a location that continues to draw quality tenants, with added flexibility and future income potential. $118,889.52 - $32,972.74 = $85,917 divided by 12 = $7159.75 per month. UPDATES-Boiler - 2024, Forced air gas furnace: 2025, Roof - 2023, hot water heaters-2026 for the most recent HWT. There are 2 hydro meters, 1 gas and water meter. PLEASE ALLOW 24+ HOURS FOR ALL SHOWINGS, AND BE SURE TO CHECK OUT THE 3D UNDER MEDIA IN REALTOR.CA More detailsListed by RE/MAX HOMETOWN REALTY INC- DARYL KING
- RE/MAX HALLMARK REALTY LIMITED
- 1 (905) 9075464
- homes@darylking.com
To access this listing,
please create a free account -
1131 Avenue Road in Toronto: Yonge-Eglinton Commercial for sale (Toronto C03) : MLS®# C12903872
1131 Avenue Road Toronto M5N 2E5
$2,299,900 /For SaleCommercial- Status:
- Active
- MLS® Num:
- C12903872
- Major Bus.:
- Apts - 2 To 5 Units
- Total Area:
- 4,639.24 sq. ft.
Prime Avenue Road Fourplex Near Upcoming Subway! Rare opportunity to acquire a 4-unit property in a high-demand Avenue Road location, just steps to the new subway expansion. Ideal for investors or end-users looking for long-term upside. Property features one vacant unit-perfect for immediate occupancy or market rent-plus three tenanted units providing stable income. Building is tired and in need of updating, offering significant value-add and repositioning potential. Excellent candidate for: Renovation and rent lift multi-generational living Long-term hold in a rapidly improving transit corridor Seller may consider holding financing, adding flexibility for qualified buyers. Strong location, solid fundamentals, and clear upside-an opportunity to unlock value. NO VACANT POSSESSION More detailsListed by HARVEY KALLES REAL ESTATE LTD.- DARYL KING
- RE/MAX HALLMARK REALTY LIMITED
- 1 (905) 9075464
- homes@darylking.com
To access this listing,
please create a free account -
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
-
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 steel -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
-
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
-
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
To access this listing,
please create a free account -
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
-
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
-
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
-
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
Data was last updated March 23, 2026 at 05:15 PM (UTC)
powered by myRealPage.com
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.
Explore More GTA Homes:
- Condos for Sale in Toronto Under $350K
- Waterfront Cottages for Sale in Ontario under $300000
- Houses for Sale Richmond Hill under $500000
- Houses for Sale near Caledonia and Eglinton West
- Condos for Sale in Toronto Under $400K
- Aurora Homes For Sale
- Bradford Homes For Sale
- King City Homes For Sale
- Markham Homes For Sale
- Newmarket Homes For Sale
- Richmond Hill Homes For Sale
- Thornhill Homes For Sale
- Toronto Homes For Sale
- Brampton Homes For Sale
- Uxbridge Homes For Sale
- Vaughan Homes For Sale
- Stouffville Homes For Sale
- Mississauga Homes For Sale
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.
Get The Royal Treatment
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.