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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42 REDAN Street: St. Thomas Commercial for sale : MLS®# X12706308
42 REDAN Street St. Thomas St. Thomas N5P 1T4 $549,900 /For SaleCommercial- Status:
- Active
- MLS® Num:
- X12706308
- Major Bus.:
- Apts - 2 To 5 Units
- Total Area:
- 3,082 sq. ft.286 m2
Great Multi-Family opportunity in a solid yellow brick 2 Storey home with 4 units! Amazing offer - 2 three-bedroom apartments (one is rented for $1640 plus hydro the other is vacant ) one two-bedroom apartment (vacant) and one one-bedroom apartment ($625 plus hydro) . Each tenant pays their own electricity. Building is walking distance from down town St. Thomas and all major stores and shopping areas. Parking for 4 cars. Apartment 1 has a separate outdoor barbecue area. All residents are month to month, however, all have occupied for more than one year and are very consistent with payments . 2 years ago, all apartments were completely renovated with the replacement of plumbing. In one part of the basement, water pipes (heating) were completely replaced. Brand new broiler system put in All electrical wiring redone. Brand new Water heater is owned. More detailsListed by ROYAL LEPAGE RESULTS REALTY- DARYL KING
- RE/MAX HALLMARK REALTY LIMITED
- 1 (905) 9075464
- homes@darylking.com
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91 Division Street in Cramahe: Colborne Commercial for sale : MLS®# X12703498
91 Division Street Colborne Cramahe K0K 1S0 $875,000 /For SaleCommercial- Status:
- Active
- MLS® Num:
- X12703498
- Major Bus.:
- Apts - 2 To 5 Units
- Total Area:
- 4,138 sq. ft.384 m2
FOURPLEX INVESTMENT OPPORTUNITY (Seller financing opportunity) for anyone looking to expand their portfolio or enter the rental market. Once known as The Grand Trunk Railway Hotel, this building has character and charm that cant be replicated. Seller is willing to consider a Vendor Take Back (VTB). The fourplex is divided into four distinct units, each with its own unique layout and appeal. Unit 1: A spacious 3-bdrm, 1-bath apartment. Unit 2: This unit offers 3 bedrooms and 3 bathrooms, including one full 4-piece bathroom and two additional 2-piece bathrooms. Unit 3: A cozy, yet functional, unit with 1 bdrm plus an additional bedroom and 1 bathroom. Unit 4: A bachelor pad with an additional large mudroom. Its an excellent way to capitalize on the growing demand for smaller, affordable living spaces. Each unit is metered separately for both hydro and gas, which makes it easier for the owner to manage utilities and for tenants to pay for their own consumption. This is a huge selling point for potential renters, as they have greater control over their costs, and it simplifies management for the investor. The large, private yard with mature trees adds further value to the property. The space offers a peaceful retreat for tenants, ideal for outdoor relaxation or hosting gatherings. Additionally, the building has received some updates, including a recently installed metal roof. This is a major advantage, as it minimizes future maintenance costs and gives the property a modern, durable feature .In summary, this fourplex is not just a building, its a property with history, character, and incredible potential. More detailsListed by REAL BROKER ONTARIO LTD.- DARYL KING
- RE/MAX HALLMARK REALTY LIMITED
- 1 (905) 9075464
- homes@darylking.com
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48 Stephen Street in Kingston: 22 - East of Sir John A. Blvd Commercial for sale : MLS®# X12703412
48 Stephen Street 22 - East of Sir John A. Blvd Kingston K7K 2C3 $2,375,000 /For SaleCommercial- Status:
- Active
- MLS® Num:
- X12703412
- Major Bus.:
- Apts - 6 To 12 Units
- Total Area:
- 10,000 sq. ft.929 m2
Well-located 12-unit apartment building in Kingston's highly sought-after Inner Harbour District. The property generates a current NOI of $106,803 and is approximately 21% under-rented across the building, offering immediate and measurable upside through rent optimization. The building is in good overall condition, with several capital improvements already completed. Rents are inclusive, with landlord-paid utilities, creating potential for future expense optimization. On-site parking enhances tenant appeal and long-term stability. This asset qualifies for CMHC MLI-Select-style financing, making it an attractive opportunity for investors seeking leverage, income growth, and a strong downtown location with limited multi-residential supply. Full financials, rent roll, and supporting documentation are available in the data room. Serious buyers are encouraged to review the materials to fully understand the income upside and financing potential. 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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336 Tweedsmuir Avenue in Westboro - Hampton Park: 5002 - Westboro South Commercial for sale : MLS®# X12698490
336 Tweedsmuir Avenue 5002 - Westboro South Westboro - Hampton Park K1Z 5N4 $1 /For SaleCommercial- Status:
- Active
- MLS® Num:
- X12698490
- Major Bus.:
- Apts - 2 To 5 Units
- Total Area:
- 6,000 sq. ft.557 m2
Prime investment opportunity in one of Ottawa's trendiest neighbourhoods. This modern property features four residential units across three above-grade floors and a partial below-grade floor on a 0.112-acre lot. Built in 2019, each unit offers contemporary finishes, stainless steel appliances, and in-suite laundry. Located just minutes from downtown and conveniently served by the LRT, the property is surrounded by a vibrant mix of upscale housing, boutique retail, and thriving local restaurants along Richmond Road - Ideal for investors seeking high-quality, turn-key rental income in a rapidly growing area. More detailsListed by CUSHMAN & WAKEFIELD- DARYL KING
- RE/MAX HALLMARK REALTY LIMITED
- 1 (905) 9075464
- homes@darylking.com
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119 Beckwith Street N in Smiths Falls: 901 - Smiths Falls Commercial for sale : MLS®# X12698616
119 Beckwith Street N 901 - Smiths Falls Smiths Falls K7A 2C4 $495,000 /For SaleCommercial- Status:
- Active
- MLS® Num:
- X12698616
- Major Bus.:
- Apts - 2 To 5 Units
- Total Area:
- 1,750 sq. ft.163 m2
Turn-Key Duplex in Prime Smiths Falls Location - Ideal Investment or Owner-Occupied Opportunity! Welcome to this well-maintained and updated duplex located in the heart of Smiths Falls, just minutes from the hospital and essential amenities. This income-generating duplex boasts a 6.9% CAP rate, includes two self-contained units with separate electric and gas metering, one vacant and one tenanted at market rent, allowing for immediate income or owner occupancy. The property has benefited from notable capital improvements, including all new windows and precast cement sills, an interior basement drainage system with transferable warranty, and other updates that enhance efficiency, comfort, and long-term value. Each unit offers functional layouts with bright living spaces and separate entrances for privacy and ease of management. The vacant unit allows buyers to set their own tenant, achieve top market rent, or move in while the other unit helps offset the mortgage. Situated in a high-demand rental area close to the hospital, schools, and shopping, this duplex is well positioned for strong tenant appeal and long-term appreciation; an excellent opportunity for investors or live-in buyers alike! More detailsListed by EXP REALTY- DARYL KING
- RE/MAX HALLMARK REALTY LIMITED
- 1 (905) 9075464
- homes@darylking.com
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426 Queenston Street in St. Catharines: 455 - Secord Woods Commercial for sale : MLS®# X12693770
426 Queenston Street 455 - Secord Woods St. Catharines L2P 2Y2 $1 /For SaleCommercial- Status:
- Active
- MLS® Num:
- X12693770
- Major Bus.:
- Apts - 13 To 20 Units
- Total Area:
- 15,500 sq. ft.1,440 m2
Located in the core of St. Catharine's, this 20-unit residential building presents an excellent opportunity for investors seeking both reliable income and growth potential. The property includes a combination of units that have been recently renovated and some need upgrades. Notable recent improvements include updated windows and sliding doors throughout the property, a new roof installed in 2015, an asphalt driveway replaced in 2017, and a high-efficiency boiler system plus hot water tank added in 2017, and most of the units have Balconies. There is laundry facility in the building, plus there is lockers generating $$$. There is potential to increase rents through further renovation and unit upgrades. With a solid foundation and opportunities for growth, this property is well-positioned for investors looking to capitalize on a thriving market with upside potential. More detailsListed by RE/MAX REALTY SPECIALISTS INC.- DARYL KING
- RE/MAX HALLMARK REALTY LIMITED
- 1 (905) 9075464
- homes@darylking.com
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357 Stratton Drive in London East: East H Commercial for sale : MLS®# X12697184
357 Stratton Drive East H London East N5W 4Z8 $724,900 /For SaleCommercial- Status:
- Active
- MLS® Num:
- X12697184
- Major Bus.:
- Apts - 2 To 5 Units
- Total Area:
- 12,975 sq. ft.1,205 m2
It is rare that you will find a purpose built 4 plex for sale but here it is. Located on a large lot which could possibly accommodate more units, this building consists of 4 x 2 bedroom units. All units have 4 pc bathrooms and large parking areas. Solid original construction but can use some TLC. Come take a look. More detailsListed by ROYAL LEPAGE TRILAND REALTY- DARYL KING
- RE/MAX HALLMARK REALTY LIMITED
- 1 (905) 9075464
- homes@darylking.com
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73 & 75 Kenyon Street E in North Glengarry: 719 - Alexandria Commercial for sale : MLS®# X12693134
73 & 75 Kenyon Street E 719 - Alexandria North Glengarry K0C 1A0 $3,750,000 /For SaleCommercial- Status:
- Active
- MLS® Num:
- X12693134
- Major Bus.:
- Apts - 13 To 20 Units
- Total Area:
- 34,186 sq. ft.3,176 m2
Attention Investors!! Welcome to 73 and 75 Kenyon Street East in Alexandria, a rare opportunity to acquire two modern 8-unit buildings being sold together as a 16-unit multi-residential package. The buildings are located on two separately described parcels and share a common parking area, allowing them to be managed together efficiently under one ownership. Each building features spacious two-bedroom units with private exterior entrances and individual balconies or terraces, a highly desirable layout that appeals to today's tenants and minimizes common area maintenance. The units are bright, functional, and designed for long-term durability. Each suite is equipped with its own forced air natural gas furnace and electric hot water tank, with tenants paying all utilities and supplying their own appliances, with the exception of the over-the-range microwave, resulting in lower operating costs and reduced long-term maintenance for ownership. Constructed in 2018, these purpose-built buildings offer modern construction, energy efficiency, and low ongoing capital requirements. Located in the growing market of Alexandria, the property benefits from a stable local economy supported by agriculture, manufacturing, healthcare, education, retail, and transportation, with convenient access to surrounding communities. As tenancies turn over, there is potential for future rent increases, making this a compelling modern multi-residential investment with long-term upside. More detailsListed by EXP REALTY- DARYL KING
- RE/MAX HALLMARK REALTY LIMITED
- 1 (905) 9075464
- homes@darylking.com
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7 King Street in St. Catharines: 451 - Downtown Commercial for sale : MLS®# X12692648
7 King Street 451 - Downtown St. Catharines L2R 5H9 $799,000 /For SaleCommercial- Status:
- Active
- MLS® Num:
- X12692648
- Major Bus.:
- Apts - 2 To 5 Units
- Total Area:
- 2,800 sq. ft.260 m2
Fully VACANT fourplex comprising three 1-bedroom units and one 2-bedroom unit, with potential to add a fifth unit. Conservative projected annual gross rents are approximately $75,000 as a fourplex. A building permit has been obtained and renovations are approximately 90% complete, leaving the property ready for final finishing touches. Completed work includes windows (2024), electrical service upgrade (2026), upgraded air duct system (2025), flooring (2024), kitchens (2023), bathrooms (2024), and a Phase 1 Environmental report (2023). More detailsListed by MYSAK REALTY INC.- DARYL KING
- RE/MAX HALLMARK REALTY LIMITED
- 1 (905) 9075464
- homes@darylking.com
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97 Lee Avenue in Toronto: The Beaches Commercial for sale (Toronto E02) : MLS®# E12685396
97 Lee Avenue The Beaches Toronto M4E 2P2 $8,499,000 /For SaleCommercial- Status:
- Active
- MLS® Num:
- E12685396
- Major Bus.:
- Apts - 6 To 12 Units
- Total Area:
- 11,232 sq. ft.1,043 m2
Boutique living redefined in the heart of the Beaches. This iconic address boasts 6 multi-story lofts and 4 exquisite suites (10 large suites in total), following a significant two-year building restoration program (2021-25). With millions invested, over 65% of the property's square footage has been meticulously upgraded to luxury standards. All remodeled suites immediately captured significantly higher rents, proving that investment case to continue with luxury renovation plans as tenants churn. Tenants desire large multi-level lofts, complete privacy, luxury renos, with surface parking and no elevators! Nestled on a spacious 75x125 ft lot, the building showcases 11,000 sq ft of living space, complemented by 10 surface parking spots, 10 personal storage lockers, and various alfresco areas. With a blend of contemporary luxury, timeless exposed brick and beam, elegant hardwood floors, and abundant natural light, steps to Kew Gardens, the boardwalk, Financial District and More. Suites 1,3,4,8,6,10 were completely remodeled to luxury status (2021/25). Suite 10s renovation and restoration are complete, making it the newest finished unit. More detailsListed by PROPERTY.CA INC.- DARYL KING
- RE/MAX HALLMARK REALTY LIMITED
- 1 (905) 9075464
- homes@darylking.com
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41 Main Street E in Bluewater: Zurich Commercial for sale : MLS®# X12683980
41 Main Street E Zurich Bluewater N0M 2T0 $599,500 /For SaleCommercial- Status:
- Active
- MLS® Num:
- X12683980
- Major Bus.:
- Apts - 2 To 5 Units
- Total Area:
- 7,385 sq. ft.686 m2
That price is not a typo!!! INSANE INVESTMENT VALUE IN RURAL ONTARIO w/ THE ICONIC ZURICH, ON HOTEL PROPERTY | 3 LARGE APARTMENTS + COMMERCIAL RESTAURANT UNIT | MASSIVE LIST OF UPDATES BY CURRENT & PREVIOUS OWNERS | 7385 SQ FT + BASEMENT | NO HERITAGE RESTRICTIONS! Experience excellent exposure & convenience w/ 222' fronting Zurich's primary intersection at this epic corner site. The restaurant unit may be available for someone looking to be an owner & also an operator at this value driven commercial site & 2 apartments ARE available for owner occupation! Just to name a few amenities, this well designed commercial restaurant space, historically licensed w/ the LCBO for 68 seats, comes w/ a full commercial kitchen, hood, bar area, walk-in cooler, & 2 proper washrooms w/ 2 stalls in each + 2 urinals. In addition to the bright & vibrant commercial unit, there are 3 generous residential apartments (see floorplan photos) providing a total of 9 bedrooms & 3 more washrooms plus laundry, & there is a boatload of storage space in between the units & also in the vast & bone dry basement. With .346 acres providing ample ON SITE parking & impressive yard space for your residential tenants, this one has it all, & the 2 upper level apartments were just vacated & are now 97% renovated for a new owner to move in tenants (or short term renters) of their choosing & maximize rental income. Notably, AirBnB/hotel style accommodations at the original Zurich Hotel may be a viable option! The large ground level apartment is currently bringing in $1500/month w/ extremely reliable & long-term tenants & the restaurant unit brings in $2000/month + utilities. Zoning allows for a variety of uses & the 6 Bedroom/2 Apartment vacancy provides a variety of options for a new owner. This property could cap very nicely! Just a 15 min drive to Grand Bend or Exeter & barely 45 to London & 25 to Goderich, this hot spot by the lake is begging for a RE-INVENTION! More detailsListed by ROYAL LEPAGE TRILAND REALTY- DARYL KING
- RE/MAX HALLMARK REALTY LIMITED
- 1 (905) 9075464
- homes@darylking.com
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1020 O'Connor Drive in Toronto: O'Connor-Parkview Commercial for sale (Toronto E03) : MLS®# E12679478
1020 O'Connor Drive O'Connor-Parkview Toronto M4B 2T3 $3,599,800 /For SaleCommercial- Status:
- Active
- MLS® Num:
- E12679478
- Major Bus.:
- Apts - 6 To 12 Units
- Total Area:
- 8,100 sq. ft.753 m2
Excellent turn key investment opportunity!!! 12 unit apartment building on large lot in prime Toronto location. Well maintained with 6 x 2 bedrooms, 5 x 1 bedroom, 1 bachelor. Reliable tenant profile and stable income with significant upside on turnover. Total area 8100 square feet. 11+ parking including large detached double garage. Extra income from parking and coin laundry. Furnace (2022), some units renovated, intercom system, fire systems, lighting and monitoring and outdoor security cameras. RentSafeTO Score in 2025 - 92%. Central location close to New LRT, all amenities, schools, shopping, transit and recreation. Rarely offered, don't miss out! More detailsListed by RIGHT AT HOME REALTY- DARYL KING
- RE/MAX HALLMARK REALTY LIMITED
- 1 (905) 9075464
- homes@darylking.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.
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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.