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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575 Somerset Street W in Ottawa Centre: 4102 - Ottawa Centre Commercial for sale : MLS®# X13758910
575 Somerset Street W Ottawa Centre K1R 5K1 
$895,000 /For SaleCommercial- Status:
- Active
- MLS® Num:
- X13758910
- Major Bus.:
- Apts - 2 To 5 Units
- Total Area:
- 0 sq. ft.
Rare dual-opportunity in the heart of Centretown. Buy cash flow today, build tomorrow. Three tenanted units generating verified income with a vacant basement offering additional income potential. Included is a complete, permit-ready 10-unit redevelopment package - full architectural, servicing, grading, electrical and tree reports. Building and demolition permits submitted to the City of Ottawa; first-round review complete with standard infill comments issued. Buyers can revise or proceed to resubmission under their own name. Set up for MLI Select financing: up to 95% LTV and 50-year amortization. Accessible lift included in plans with potential to add 2 additional storeys. 33' x 112' lot. 4 parking spaces. Walking distance to Bank St, Elgin, and Little Italy. Close to grocery, retail, dining, transit and LRT. Unit mix: 2 x 2-bedroom, 1 x 1-bedroom (tenanted) + basement unit (vacant). Permit-ready package, architectural drawings, and financials available. Contact listing agent for data room access. More detailsListed by PARADIGM COMMERCIAL REAL ESTATE & BROKERAGE INC.- DARYL KING
- RE/MAX HALLMARK REALTY LIMITED
- 1 (905) 9075464
- homes@darylking.com
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335 College Street in Toronto: Kensington-Chinatown Commercial for sale (Toronto C01) : MLS®# C13758268
335 College Street Toronto M5T 1S2
$10,750,000 /For SaleCommercial- Status:
- Active
- MLS® Num:
- C13758268
- Major Bus.:
- Apts - Over 20 Units
- Total Area:
- 11,320 sq. ft.
The property features 24 apartment units, including studio, one-bedroom, two-bedroom, and 1 commercial unit, delivering strong current income with clear and achievable upside potential. Investors will benefit from immediate cash flow and the opportunity to enhance returns through strategic rental growth. More detailsListed by CB METROPOLITAN COMMERCIAL LTD.- DARYL KING
- RE/MAX HALLMARK REALTY LIMITED
- 1 (905) 9075464
- homes@darylking.com
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4049 6 Highway in Hamilton: Rural Glanbrook Commercial for sale : MLS®# X13755914
4049 6 Highway Hamilton L0R 1W0
$1,990,900 /For SaleCommercial- Status:
- Active
- MLS® Num:
- X13755914
- Major Bus.:
- Apts - 2 To 5 Units
- Total Area:
- 4,009 sq. ft.
Rare opportunity to acquire a 10.1-acre parcel at the corner of a high-traffic highway, offering exceptional visibility, strong frontage, and long- term upside. Located just minutes to the airport, this strategically positioned property is currently zoned primarily Agricultural and provides immediate income potential with future redevelopment or severance possibilities, subject to approvals. The property includes two versatile, freestanding buildings with separately metered units, offering flexibility for a range of uses such as residential, office, or service-related applications (subject to zoning). The buildings comprise a total of five self-contained units, all vacant, allowing a purchaser to establish market rents or occupy as required. The unit mix includes one one-bedroom unit and four two-bedroom units. With excellent access, a prominent corner location, and exposure along a major corridor surrounded by agricultural and service-commercial uses, this offering is ideal for investors, owner- operators, or buyers seeking land banking opportunities with income and future potential. More detailsListed by RE/MAX ESCARPMENT REALTY INC.- DARYL KING
- RE/MAX HALLMARK REALTY LIMITED
- 1 (905) 9075464
- homes@darylking.com
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93 Spadina Road in Toronto: Annex Commercial for sale (Toronto C02) : MLS®# C13753716
93 Spadina Road Toronto M5R 2T1
$3,999,900 /For SaleCommercial- Status:
- Active
- MLS® Num:
- C13753716
- Major Bus.:
- Apts - 13 To 20 Units
- Total Area:
- 6,140 sq. ft.
Turnkey 16-unit residential investment in the heart of the Annex, offered as two buildings on one lot: 14 studios in the main building plus a coach house with two one-bedroom units. Gross revenue of $268,906 with a projected NOI of $198,397. Private drive with three 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. Meticulously maintained under long-term ownership. This is an investors' dream property. Tenant demand in this pocket is deep enough that vacancies typically draw multiple qualified applications. Rare opportunity in Toronto's most resilient neighborhood. More detailsListed by RE/MAX ULTIMATE REALTY INC.- DARYL KING
- RE/MAX HALLMARK REALTY LIMITED
- 1 (905) 9075464
- homes@darylking.com
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225 Vaughan Road in Toronto: Humewood-Cedarvale Commercial for sale (Toronto C03) : MLS®# C13752620
225 Vaughan Road Toronto M6C 2M3
$999,999 /For SaleCommercial- Status:
- Active
- MLS® Num:
- C13752620
- Major Bus.:
- Apts - 2 To 5 Units
- Total Area:
- 3,000 sq. ft.
A rare value-add multifamily opportunity in a highly desirable Toronto neighbourhood. This triplex, currently tenant with potential for vacant possession, offers investors the flexibility to renovate, reposition, or upgrade units to unlock strong income potential. Ideally located with easy access to transit, shops and local amenities, 225 Vaughan Road combines long-term growth prospects with immediate upside in Toronto's in-demand rental market. More detailsListed by COLLIERS- DARYL KING
- RE/MAX HALLMARK REALTY LIMITED
- 1 (905) 9075464
- homes@darylking.com
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183 Maurice Drive in Oakville: 1002 - CO Central Commercial for sale : MLS®# W13756534
183 Maurice Drive Oakville L6K 2W8
$4,695,000 /For SaleCommercial- Status:
- Active
- MLS® Num:
- W13756534
- Major Bus.:
- Apts - 6 To 12 Units
- Total Area:
- 10,753.14 sq. ft.
183 Maurice Drive, Oakville. 12-Suite Apartment Building. Exceptional Oakville Multi-Residential Investment Opportunity. Well-maintained and extensively renovated 12-suite apartment building situated on a large 118.5' x 90.29' lot in Oakville. The property offers an attractive combination of renovated suites, strong in-place income, ample parking and significant recent capital improvements. Property Highlights: *12 Residential Suites *6 x Two-Bedroom Suites *6 x One-Bedroom Suites *Approximately $215,000 Net Income *16 Surface Parking Spaces * Comprehensive Renovations and Upgrades Throughout *Numerous custom kitchens featuring quartz countertops and stainless-steel appliances *Numerous Modernized bathrooms *3/4-inch solid oak hardwood flooring in many living areas and bedrooms *Extensive Suite and Building-System Improvements - providing a substantially upgraded asset with reduced anticipated near-term maintenance and capital-expenditure requirements * High-Efficiency Viessmann Boiler - 2024 * Large 118.5' x 90.29' Lot * Recent Phase One and Phase Two Environmental Reports Available. Investment Highlights: This property presents an excellent opportunity to acquire a substantially upgraded multi-residential asset in the established Oakville market. The suites and major building systems have been extensively updated, providing a turnkey investment with significantly reduced anticipated maintenance requirements for the foreseeable future. Combined with efficient building systems, generous parking, a large lot and strong in-place income, the property provides a strong foundation for long-term ownership and continued income growth. More detailsListed by RE/MAX PRIME PROPERTIES - UNIQUE GROUP- DARYL KING
- RE/MAX HALLMARK REALTY LIMITED
- 1 (905) 9075464
- homes@darylking.com
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1160 Dufferin Street in Toronto: Dovercourt-Wallace Emerson-Junction Commercial for sale (Toronto W02) : MLS®# W13755630
1160 Dufferin Street Toronto M6H 4B8
$1,399,000 /For SaleCommercial- Status:
- Active
- MLS® Num:
- W13755630
- Major Bus.:
- Apts - 2 To 5 Units
- Total Area:
- 2,390 sq. ft.
Renovate or build: two great options for this highly visible corner property in Toronto's West Junction-Wallace area. Take advantage of the existing 4-unit building: 1 commercial and 3-Residential units, and renovate them for higher rental yields with an anticipated 8% leveraged return OR, benefit from Toronto's Major Street Initiative and create a design-build option for purpose-built multi-residential apartments. The property features a 425 sq. ft. main-floor commercial unit and three residential apartments located on the rear and upper levels. This well-maintained building offers almost 2,400 sq. ft. of above-grade space, with a flexible and income-friendly unit mix of two one-bedroomapartments and onethree-bedroom apartment. Nestled in a desirable, transit-oriented location just minutes from Dufferin Station, the property benefits from strong rental demographics, excellent connectivity, and an impressive Walk Score of 88. Conveniently located near shops, restaurants, a community centre, and schools. The seller is a Registered Real Estate Agent (RREA). More detailsListed by ROYAL LEPAGE REAL ESTATE SERVICES LTD.- DARYL KING
- RE/MAX HALLMARK REALTY LIMITED
- 1 (905) 9075464
- homes@darylking.com
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944 King Street in Hamilton: Cootes Paradise Commercial for sale : MLS®# X13749184
944 King Street Hamilton L8S 1K8
$889,000 /For SaleCommercial- Status:
- Active
- MLS® Num:
- X13749184
- Major Bus.:
- Apts - 2 To 5 Units
- Total Area:
- 1,600 sq. ft.
Westdale Residential mixed use property. Approx 900 sq ft front store leased the second floor has 2 apartments. Two renovated, carpet-free residential units. Both units are bright, modern, with separate fire exit. The property enjoys a backyard & parking off alley for 4 cars. Full basement is completely finished. It has 2 beds and bathroom one rec room. Great location beside Canada trust across from Tim Hortons and the library (Westdale). walking distance to McMaster University. Westdale Secondary School and Princess Point Canoe Launch Natural park. More detailsListed by RE/MAX ESCARPMENT LEADEX REALTY- DARYL KING
- RE/MAX HALLMARK REALTY LIMITED
- 1 (905) 9075464
- homes@darylking.com
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52 Barton Street E in Hamilton: Beasley Commercial for sale : MLS®# X13745478
52 Barton Street E Hamilton L8L 2V8
$1,489,900 /For SaleCommercial- Status:
- Active
- MLS® Num:
- X13745478
- Major Bus.:
- Apts - 2 To 5 Units
- Total Area:
- 2,674 sq. ft.
Amazing investment with this beautiful 5-unit building located just steps from trendy James St and the new Go Station. A few minutes walk to the beautiful Hamilton Harbour and the Bayfront. Located on main Bus Route. Incredible full building upgraded 8+/- years ago, including roof, fully renovated Res units include kitchen with granite counters, s/s appliances including B/I dishwasher and microwave & en-suite washer/dryers, soft close cupboards, replaced furnaces and A/C, Tankless water heaters, newer electric meters and plumbing, windows & doors, fire retrofit w/partial sprinkler system. 4 residential units and 1 commercial storefront. Units are separately metered and tenant pay their of Gas and Electricity. If you are looking for an easy, turn key, simple-to-run-for-years-to-come Multi-unit building, this is the one! More detailsListed by RE/MAX ESCARPMENT REALTY INC.- DARYL KING
- RE/MAX HALLMARK REALTY LIMITED
- 1 (905) 9075464
- homes@darylking.com
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465 Dundas Street W in Belleville: Belleville Ward Commercial for sale : MLS®# X13746928
465 Dundas Street W Belleville K8P 1B6
$400,000 /For SaleCommercial- Status:
- Active
- MLS® Num:
- X13746928
- Major Bus.:
- Apts - 2 To 5 Units
- Total Area:
- 2,244 sq. ft.
An exceptional investment opportunity, this fully occupied triplex features three distinct two-bedroom, one-bathroom suites. The two front ground-floor units benefit from exclusive basement access for extra storage, and each apartment is individually metered for complete utility independence, with tenants paying their own gas, hydro, and water. Every unit includes its own dedicated heating and hot water system, highlighted by a new gas furnace installed in Unit B in 2022 and well-maintained windows throughout. Situated on a surprisingly expansive lot with a large backyard, the property currently operates under grandfathered residential use but carries a flexible C3 commercial zoning - offering incredible long-term potential for future business conversion or strategic redevelopment. The monthly rents are as follows; in addition they pay their own heat, hydro, water etc. Unit: 465A - $784.50, Unit: 465B - $830.00, Unit: 466C - $758.50. There are no leases in place. They are all long-term, reliable tenants. More detailsListed by Exit Realty Group- DARYL KING
- RE/MAX HALLMARK REALTY LIMITED
- 1 (905) 9075464
- homes@darylking.com
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508 BEECHWOOD Drive in Waterloo: Commercial for sale : MLS®# X13743048
508 BEECHWOOD Drive Waterloo N2T 1H3
$1 /For SaleCommercial- Status:
- Active
- MLS® Num:
- X13743048
- Major Bus.:
- Apts - Over 20 Units
- Total Area:
- 35,747 sq. ft.
The offering presents the opportunity to acquire a 100% freehold interest in 508 Beechwood Drive, Waterloo, Ontario (the "Property" or the "Site"), offered under a power of sale. The Property presents investors with the opportunity to acquire a 41-unit, 1982 vintage concrete apartment building in Waterloo's prestigious Beechwood neighbourhood, paired with an approved 139-unit infill development - a rare combination of in-place income and shovel-ready density in one of Canada's strongest multifamily markets.The Property is a 41-unit concrete apartment building offering spacious layouts averaging 737sf for one-bedrooms and 1,117 sf for two-bedrooms, with eight units currently vacant and available for immediate repositioning. The 33 occupied units carry an average in-place rent of$1,422 against average market rents of $2,133, providing a purchaser with a clear runway tomark rents to market as natural turnover occurs. The asset offers durable cast-in-place concrete construction with lower long-term capital requirements, while the Beechwood location continues to see strong tenant demand from Waterloo's professional renter base, the region's 29,000-person tech workforce, and the 100,000+ students enrolled across the University of Waterloo, Wilfrid Laurier, and Conestoga College.508 Beechwood Drive Property Specific Details Land Area: 1.83 acres PINs: 226851372, 226851373 Suites: 41 (13 one-bed, 1 one-bed + den, 26 two-bed, 1 three-bed penthouse)GLA: Approx. 55,930 sf Parking: 60 spaces Zoning: RMU-20 (Residential Mixed-Use) & OS3 (Conservation) with Site Specific Provisions Approved Infill: 165,265 sf GFA / 139 units NOI: $451,037 More detailsListed by CUSHMAN & WAKEFIELD- DARYL KING
- RE/MAX HALLMARK REALTY LIMITED
- 1 (905) 9075464
- homes@darylking.com
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653 Talbot Street in London East: East F Commercial for sale : MLS®# X13739180
653 Talbot Street London East N6A 2T6
$1,875,000 /For SaleCommercial- Status:
- Active
- MLS® Num:
- X13739180
- Major Bus.:
- Apts - 2 To 5 Units
- Total Area:
- 17,380.44 sq. ft.
INVESTOR & DEVELOPER ALERT! 9 BEDROOMS 7 BATHROOMS 3 SELF-CONTAINED UNITS. Prime opportunity in the heart of London. 653 Talbot presents a fully renovated, turnkey triplex with strong in-place income and exceptional future upside. Completely gutted to the studs and rebuilt in 2018, with a new roof completed in 2024, this property offers peace of mind with no immediate major capital expenditures anticipated. The building features three self-contained, separately metered units, comprising a total of 9 bedrooms and 7 bathrooms, with each unit also having its own separate HVAC system. The property is currently generating $2,600/month from Unit 1, $3,370/month from Unit 2, and $4,720/month from Unit 3, for a total of $10,690/month or $128,280 annually. Existing leases provide strong, reliable cash flow, while the property's zoning offers significant future development and intensification potential. Permitted uses include residential intensification such as single detached, semi-detached, duplex, triplex, fourplex and converted dwellings, as well as certain institutional and community uses including private schools, day care centres, places of worship and more. Buyers are advised to complete their own due diligence with the municipality and applicable regulatory authorities regarding zoning, permitted uses, development potential, income and expenses. Located in vibrant downtown London, the property offers excellent walkability to restaurants, shopping, transit and key amenities, enhancing both tenant demand and long-term value. An exceptional addition to any investment portfolio, combining immediate income, extensive renovations and long-term redevelopment potential. More detailsListed by CENTURY 21 FIRST CANADIAN CORP. DEAN SOUFAN INC.- DARYL KING
- RE/MAX HALLMARK REALTY LIMITED
- 1 (905) 9075464
- homes@darylking.com
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Data was last updated September 9, 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
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.