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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93 Spadina Road in Toronto: Annex Commercial for sale (Toronto C02) : MLS®# C12873106
93 Spadina Road Toronto M5R 2T1 
$4,399,900 /For SaleCommercial- Status:
- Active
- MLS® Num:
- C12873106
- Major Bus.:
- Apts - 13 To 20 Units
- Total Area:
- 6,140 sq. ft.
Immaculately cared for incredible turnkey residential investment in the heart of the Annex featuring 16 total units across two buildings (14 studios in the main building and a coach house with 2 one-bedroom units). Boasting a 2025 gross potential revenue of $262,367.20 and a potential NOI of $191,858.19. Private drive with 3 parking spots located literally one door over from the entrance to the Spadina TTC Subway Station and a 12-min walk to University of Toronto St. George campus. Extremely high rental demand area with pretty much zero vacancy. This is an investors dream property. Every time there is a vacancy there are so many applications you get to choose the best tenants. Rare opportunity in Toronto's most resilient neighborhood. More detailsListed by RE/MAX REAL ESTATE SOLUTIONS- DARYL KING
- RE/MAX HALLMARK REALTY LIMITED
- 1 (905) 9075464
- homes@darylking.com
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14 Holmesdale Road in Toronto: Caledonia-Fairbank Commercial for sale (Toronto W03) : MLS®# W12865474
14 Holmesdale Road Toronto M6E 1Y1
$2,675,000 /For SaleCommercial- Status:
- Active
- MLS® Num:
- W12865474
- Major Bus.:
- Apts - 2 To 5 Units
- Total Area:
- 4,500 sq. ft.
Newly constructed, turnkey fourplex built by Modcity, Toronto's leading fourplex and sixplexdeveloper. Fully leased. This purpose-built investment property features four 1,125 sf 3+1bedroom, 2 bathroom suites with two front pad parking spots designed for long term tenant retention and operational efficiency. All units offer identical, functional floorplans finished with custom millwork kitchens and bathrooms, engineered hardwood flooring, quartz countertops and premium appliances including gas range, insuite stacked washer dryer, tankless water heater and dedicated furnace. Each suite is individually metered for heat and hydro. Constructed with durability and energy efficiency in mind to minimize near term capex and long term maintenance risk, the building features higher end Reynaers windows and doors, enhanced acoustic separation between floors, smart thermostats, keyless entry and building wide internet infrastructure. Situated in a high demand Toronto rental corridor benefiting from the newly opened Eglinton Crosstown LRT, this fully leased property presents a rare opportunity to acquire a low maintenance, new construction fourplex offering immediate cash flow and long term appreciation potential More detailsListed by KW Living Realty- DARYL KING
- RE/MAX HALLMARK REALTY LIMITED
- 1 (905) 9075464
- homes@darylking.com
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115 Carruthers Avenue in West Centre Town: 4201 - Mechanicsville Commercial for sale : MLS®# X12868812
115 Carruthers Avenue West Centre Town K1Y 1N4
$1,020,000 /For SaleCommercial- Status:
- Active
- MLS® Num:
- X12868812
- Major Bus.:
- Apts - 2 To 5 Units
- Total Area:
- 2,146 sq. ft.
Upgrade to a 5-unit building with stronger cash flow and lower vacancy risk than a triplex or single unit building, while paying a comparable price point. This fully-rented 5-plex generates $98,700 in gross annual income and is located just 700m from Tunney's Pasture LRT Station and 300m from the Government Tunney's Pasture complex, providing a consistent tenant base. The property operates efficiently with keypad entry systems on each unit and multiple interior renovations, making it straightforward to manage and attractive to tenants. The unit mix supports steady demand and includes one 2-bedroom unit, two 1-bedroom units, and two bachelor suites, all currently rented. Four of the five units include in-suite laundry. Located a few blocks from Hintonburg's shops and restaurants, the building also offers close proximity to the Ottawa River pathways, Laroche Park, the Civic Hospital, and the future redevelopment at LeBreton Flats, contributing to long-term rental demand.Additional features include R4UD zoning, two owned hot water tanks, and rear parking for three vehicles accessed by a city-maintained laneway. A well-maintained multi-unit asset in a transit-oriented location with stable income and long-term growth potential. Note - 4 of the five units have in-suite laundry. All appliances, 2 hot water tanks, and a list of furniture is included in the sale price! *Email to get the finanical spreadsheet* More detailsListed by RE/MAX HALLMARK REALTY GROUP- DARYL KING
- RE/MAX HALLMARK REALTY LIMITED
- 1 (905) 9075464
- homes@darylking.com
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178 High Park Avenue in Toronto: High Park North Commercial for sale (Toronto W02) : MLS®# W12864746
178 High Park Avenue Toronto M6P 2S4
$4,795,000 /OtherCommercial- Status:
- Active
- MLS® Num:
- W12864746
- Major Bus.:
- Apts - 6 To 12 Units
- Total Area:
- 6,487 sq. ft.
Want to own a piece of Toronto history? This High Park Avenue Masterpiece is your once-in-a-lifetime opportunity. Spectacular, meticulously renovated/restored late 1800s Queen Anne Victorian mansion on an oversized 55 x 200-foot lot with nearly 6500 sqft of finished space! This magnificent High Park home has been divided into six separate luxury suites, each having been thoughtfully and expertly designed. This stately property is perfect for investors, multi-family living, or both. The main-level owner's suite spans over 1,600 square feet and is straight out of a magazine with four family-sized bedrooms, a designer kitchen with wood-finished cabinetry, quartzite countertops, and high-end appliances. The above-grade units feature a medley of exceptional features including soaring ceiling heights, herringbone hardwood floors, Parisian-inspired wall panels, stunning crown mouldings, a striking winding staircase adorned with William Morris wallpaper, arches, and three exquisite period fireplaces mantels and inserts. The basement features two lofty units with high ceilings, above-grade windows, and gorgeous exposed flagstone walls. A massive 4-car garage and huge front and rear gardens boasting ample parking and outdoor space. This location is unmatched with High Park Station on TTC Line 2 and Toronto's most famous park and this street's namesake High Park both only one block away. Not to mention countless restaurants, bars, & shops along Bloor St. W. & in the nearby Junction within walking distance. Your opportunity to acquire this four bedroom owner's suite with 5 fully-rented apartments and AAA tenants. Current rents including owner's suite at a projected $240k gross annually. Property currently being sold at approx 4.5% cap rate. Impressive upside development opportunity. Must see to appreciate! Truly a RARE OFFERING! More detailsListed by REMAX CONNECT REALTY- DARYL KING
- RE/MAX HALLMARK REALTY LIMITED
- 1 (905) 9075464
- homes@darylking.com
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6391 Main Street in Whitchurch-Stouffville: Stouffville Commercial for sale : MLS®# N12861890
6391 Main Street Whitchurch-Stouffville L4A 1G4
$938,000 /For SaleCommercial- Status:
- Active
- MLS® Num:
- N12861890
- Major Bus.:
- Apts - 2 To 5 Units
- Total Area:
- 1,628 sq. ft.
Commercial building on Main St. Stouffville with 2nd floor 1 bedroom + den apartment with separate hydro & entrance. Parking behind building on 265 foot lot. 2nd floor apartment: updated flooring, kitchen with fridge, stove, washer, dryer & dishwasher, 3PC bath, gutted to outside walls (2008), wiring, plumbing, insulation (spray foam in upper lev/roof), furnace/AC, shingles, soffits & eavestroughs. 2nd Floor tenanted to AAA tenant. 1st floor commercial space currently vacant. Great investment opportunity or run your business 1st floor & collect 2nd floor apartment rent. Possible 2nd VTB mortgage to qualified Buyer. Main floor commercial also for lease. More detailsListed by CENTURY 21 LEADING EDGE REALTY INC.- DARYL KING
- RE/MAX HALLMARK REALTY LIMITED
- 1 (905) 9075464
- homes@darylking.com
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1098-1108 Moore Street in Brockville: 810 - Brockville Commercial for sale : MLS®# X12853198
1098-1108 Moore Street Brockville K6V 7N1
$3,400,000 /For SaleCommercial- Status:
- Active
- MLS® Num:
- X12853198
- Major Bus.:
- Apts - 6 To 12 Units
- Total Area:
- 11,260 sq. ft.
Exceptional investment opportunity in a newly developed subdivision by reputable builder Mackie Homes. This offering consists of two purpose built multiplex buildings, each containing four fully self contained residential units, for a total of eight units across two civic addresses. Each spacious unit ranges from approximately 1,330 to 1,458 square feet and is thoughtfully designed with separate entrances and modern layouts appealing to today's renters. Every property includes one main level unit and one lower level unit. Main level units benefit from exclusive access to a private garage along with one additional parking space, while lower level units each include a dedicated parking space. Situated in a highly desirable and rapidly growing area, these buildings offer strong rental appeal and long term investment potential. Several units are already tenanted, providing immediate income, while remaining units are currently being marketed with significant tenant interest. Built by Mackie Homes, known for quality craftsmanship and desirable community developments, these low maintenance properties present an excellent opportunity for investors seeking a turn key, income generating asset in a prime location. Ideal for those looking to secure a stable addition to their real estate portfolio with both immediate cash flow and long term appreciation potential. More detailsListed by ROYAL LEPAGE TEAM REALTY- DARYL KING
- RE/MAX HALLMARK REALTY LIMITED
- 1 (905) 9075464
- homes@darylking.com
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164 Sunnyside Avenue in Toronto: High Park-Swansea Commercial for sale (Toronto W01) : MLS®# W12852430
164 Sunnyside Avenue Toronto M6R 2P6
$2,050,000 /For SaleCommercial- Status:
- Active
- MLS® Num:
- W12852430
- Major Bus.:
- Apts - 2 To 5 Units
- Total Area:
- 2,408 sq. ft.
Welcome to 164 Sunnyside Ave, a well-maintained fourplex in High Park-Swansea near Roncesvalles Village. This property offers a solid cap rate with upside potential, making it an ideal opportunity in one of Toronto's most sought-after neighbourhoods. Features two 2-bedroom units, one 1-bedroom unit, and one studio, with potential for an owner's suite. All units have in-suite laundry, and two units have private entrances. Includes 3-car parking: 1 legal front pad, 1 garage, and 1 driveway spot. Excellent home inspection report. Steps to Roncesvalles shops and cafés, 5 min walk to High Park, and 15 mins to the lake with waterfront trails. Easy transit access via streetcars, Dundas West Subway, UP Express, and Go Train. More detailsListed by CENTURY 21 FINE LIVING REALTY INC.- DARYL KING
- RE/MAX HALLMARK REALTY LIMITED
- 1 (905) 9075464
- homes@darylking.com
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412 Wellesley Street E in Toronto: Cabbagetown-South St. James Town Commercial for sale (Toronto C08) : MLS®# C12853190
412 Wellesley Street E Toronto M4X 1H6
$1,499,000 /For SaleCommercial- Status:
- Active
- MLS® Num:
- C12853190
- Major Bus.:
- Apts - 2 To 5 Units
- Total Area:
- 1,770 sq. ft.
Perfectly located on the superior side of Toronto's iconic Cabbagetown, this exquisite semi-detached character home offers a picturesque living experience akin to residing within a lush park. Surrounded by charming Victorian heritage homes, well-manicured lawns, whimsical laneways, parks & walking paths, you'll find peace & tranquility alongside hip restaurants & shops. Proper duplex with separate metering makes for a savvy investment opportunity with a net annual income of approx. $60k (gross $77k).Excellent opportunity to live in one unit & rent out the other for extra income. Upper level is vacant, while the main level is occupied by market rate tenants on a month-to-month basis, ensuring flexibility. Elegant interior is adorned with oak hardwood floors, crown mouldings & high ceilings create a warm & inviting ambiance, while newer kitchen features chic cupboards, stylish backsplash, granite countertops & stainless steel appliances. Breakfast/dining area is a true highlight overlooking a front porch which provides a delightful view of Wellesley St, perfect for enjoying morning coffee. The living area features a cozy built-in bench & large side window. Walk-out to a private backyard for outdoor relaxation & entertaining, while the conveniently located main floor powder room is both stylish & functional. Oak staircase leads you down to the generously sized bedrooms. The lower level is a true retreat, showcasing high ceilings & a spa-like 4-piece bathroom with marble, heated flooring for cozy comfort. Ample closet spaces in both rooms & a separate laundry area. Charming 2nd level apartment has 2 large bedrooms, 4pc washroom & a modern kitchen combined with a living area that flows seamlessly to an oversized New Orleans style balcony looking over the tree lined heritage district. Separate furnace, air conditioning and laundry for each unit. Easy access to highways & public transit. New AC unit (2025) Washer & Dryer (2026) Main Unit Photos Are Virtually Staged More detailsListed by SOTHEBY'S INTERNATIONAL REALTY CANADA- DARYL KING
- RE/MAX HALLMARK REALTY LIMITED
- 1 (905) 9075464
- homes@darylking.com
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677 College Street in Toronto: Trinity-Bellwoods Commercial for sale (Toronto C01) : MLS®# C12846818
677 College Street Toronto M6G 1B9
$9,990,000 /For SaleCommercial- Status:
- Active
- MLS® Num:
- C12846818
- Major Bus.:
- Apts - Over 20 Units
- Total Area:
- 12,500 sq. ft.
Prime investment opportunity on highly sought-after College Street. This multi-residential apartment building features 32 bachelor suites, with 15 units currently vacant offering significant value-add potential. Ideally located in a vibrant west-end neighbourhood surrounded by popular retail shops, restaurants, and cafés, with convenient TTC streetcar access. Just minutes from Kensington Market, Little Italy, and Trinity Bellwoods Park. A rare opportunity to acquire a well-located apartment asset in one of Toronto's most desirable rental markets. More detailsListed by RE/MAX ULTIMATE JULIE SEO REALTY- DARYL KING
- RE/MAX HALLMARK REALTY LIMITED
- 1 (905) 9075464
- homes@darylking.com
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36 Father Costello Drive in Timmins: SCH - Main Area Commercial for sale : MLS®# T12849420
36 Father Costello Drive Timmins P0N 1G0
$200,000 /For SaleCommercial- Status:
- Active
- MLS® Num:
- T12849420
- Major Bus.:
- Apts - 2 To 5 Units
- Total Area:
- 1,114 sq. ft.
Power of Sale opportunity in Timmins. Mixed-use income property featuring 3 units and a detached 2-car garage. The property includes two 1-bedroom residential units and one commercial unit. The detached garage presents an additional rental opportunity. Recent reported capital improvements include: re-tarring of the main flat roof section (2021), new natural gas boiler (2022), updated plumbing (majority replaced since 2015), and electrical updates (2020). Shingles on the garage and 36B sun-room were replaced in 2015. 5 electricity meters and 1 gas meter. Natural gas boiler is owned (not rented). Water is metered separately. Total above-grade approx 1,114 sq ft. Property abuts commercial, Being sold under Power of Sale. More detailsListed by ALLOWAY PROPERTY GROUP LTD.- DARYL KING
- RE/MAX HALLMARK REALTY LIMITED
- 1 (905) 9075464
- homes@darylking.com
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122-124 Cobourg Street in Lower Town - Sandy Hill: 4002 - Lower Town Commercial for sale : MLS®# X12851986
122-124 Cobourg Street Lower Town - Sandy Hill K1N 8H1
$4,500,000 /For SaleCommercial- Status:
- Active
- MLS® Num:
- X12851986
- Major Bus.:
- Apts - 13 To 20 Units
- Total Area:
- 0 sq. ft.
122-124 Cobourg is a rare chance to acquire two neighboring, income-producing multi-family buildings(one title) in Ottawa's historic Lowertown, minutes from the ByWard Market, Rideau Centre, the University of Ottawa, and major government employment hubs. Each property contains seven residential units (14 total), giving investors immediate scale in a tight, highly walkable rental market. Most suites are in excellent condition, with only a few needing light cosmetic upgrades, creating straightforward upside through selective renovations and modest rent increases rather than disruptive construction. The buildings sit on a quiet residential block with high walkability, strong transit, and quick access to cycling routes and downtown bridges. Residents can walk to buses, shops, parks, schools, and nightlife, making the property ideal for students, young professionals, and public-sector workers who value an urban, car-optional lifestyle. Lowertown benefits from ongoing reinvestment and steady gentrification, supporting long-term rent growth and low vacancy while positioning this asset to outperform more peripheral locations. Operationally, this is a stabilized, low-maintenance acquisition. Roofs, windows, and major exterior items have been renewed within roughly the last decade, sharply reducing near-term capital expenditures. Electrical systems have been modernized, utilities are separated to each unit, and efficient electric heat pumps added, simplifying expense recovery and appealing to tenants seeking comfortable, modern housing. With the heavy lifting complete, investors can focus on fine-tuning operations and turning a few under-market units to unlock additional income. An assumable CMHC-insured mortgage is in place, allowing buyers to step into attractive financing that may be difficult to replicate today, boosting cash flow and reducing interest-rate risk. Property is held in a stand alone corp and can be purchased to save on acquisition costs. More detailsListed by EXP REALTY- DARYL KING
- RE/MAX HALLMARK REALTY LIMITED
- 1 (905) 9075464
- homes@darylking.com
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97 Walton Street: Port Hope Commercial for sale : MLS®# X12843986
97 Walton Street Port Hope L1A 1N4
$4,850,000 /For SaleCommercial- Status:
- Active
- MLS® Num:
- X12843986
- Major Bus.:
- Apts - Over 20 Units
- Total Area:
- 28,000 sq. ft.
Rare investment opportunity in historic Port Hope. 97 Walton St. was built as the St. Lawrence Hotel in the 1860's. From the grand sweeping staircase to the modern up grades, including elevator, laundry facilities and more, this property is located in the center of the down town of Port Hope and is surrounded by shops, restaurants, cafes and pubs. Steps away from the Capitol Theatre and the soon to be renovated Opera House, the building is also within easy walking distance of the River Trail and Lake Ontario waterfront. Offering 27 Apartments and 4 retail units, the building has been well maintained and shows a remarkable occupancy rate. Offering the astute buyer a solid return on investment, 97 Walton St. could be the crown jewel of your portfolio. More detailsListed by ROYAL LEPAGE PROALLIANCE REALTY- DARYL KING
- RE/MAX HALLMARK REALTY LIMITED
- 1 (905) 9075464
- homes@darylking.com
Data was last updated March 12, 2026 at 06:15 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.
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.