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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40 Clarendon Avenue in Hamilton: Balfour Commercial for sale : MLS®# X13814790
40 Clarendon Avenue Hamilton L9A 3A1 
$749,900 /For SaleCommercial- 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 detailsListed by ROCK STAR REAL ESTATE INC.- DARYL KING
- RE/MAX HALLMARK REALTY LIMITED
- 1 (905) 9075464
- homes@darylking.com
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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
$3,149,900 /For SaleCommercial- 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 detailsListed by ROYAL LEPAGE PROALLIANCE REALTY, BROKERAGE- DARYL KING
- RE/MAX HALLMARK REALTY LIMITED
- 1 (905) 9075464
- homes@darylking.com
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454 Donlands Avenue in Toronto: East York Commercial for sale (Toronto E03) : MLS®# E13816228
454 Donlands Avenue Toronto M4J 3S5
$1,395,000 /For SaleCommercial- 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 detailsListed by RE/MAX REALTRON REALTY INC.- DARYL KING
- RE/MAX HALLMARK REALTY LIMITED
- 1 (905) 9075464
- homes@darylking.com
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82-84 Welland Avenue in St. Catharines: 451 - Downtown Commercial for sale : MLS®# X13814084
82-84 Welland Avenue St. Catharines L2R 2N1
$1,599,000 /For SaleCommercial- 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 detailsListed by MYSAK REALTY INC.- DARYL KING
- RE/MAX HALLMARK REALTY LIMITED
- 1 (905) 9075464
- homes@darylking.com
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12-14 Victor Street in London South: South S Commercial for sale : MLS®# X13815676
12-14 Victor Street London South N6C 1B7
$625,000 /For SaleCommercial- 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 detailsListed by MYSAK REALTY INC.- DARYL KING
- RE/MAX HALLMARK REALTY LIMITED
- 1 (905) 9075464
- homes@darylking.com
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75-77 Sherman Avenue S in Hamilton: Gibson Commercial for sale : MLS®# X13809128
75-77 Sherman Avenue S Hamilton L8M 2P8
$969,900 /For SaleCommercial- 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 detailsListed by ROCK STAR REAL ESTATE INC.- DARYL KING
- RE/MAX HALLMARK REALTY LIMITED
- 1 (905) 9075464
- homes@darylking.com
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Commercial in London East
Commercial- DARYL KING
- RE/MAX HALLMARK REALTY LIMITED
- 1 (905) 9075464
- homes@darylking.com
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135 Sammon Avenue in Toronto: Danforth Village-East York Commercial for sale (Toronto E03) : MLS®# E13808676
135 Sammon Avenue Toronto M4J 1Y9
$2,950,000 /For SaleCommercial- 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 detailsListed by CITYSCAPE REAL ESTATE LTD.- DARYL KING
- RE/MAX HALLMARK REALTY LIMITED
- 1 (905) 9075464
- homes@darylking.com
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141 Hotchkiss Street in Gravenhurst: Muskoka (S) Commercial for sale : MLS®# X13805410
141 Hotchkiss Street Gravenhurst P1P 1H6
$1,595,000 /For SaleCommercial- 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 detailsListed by Re/Max Professionals North- DARYL KING
- RE/MAX HALLMARK REALTY LIMITED
- 1 (905) 9075464
- homes@darylking.com
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430 Albert Street in South Huron: Exeter Commercial for sale : MLS®# X13803856
430 Albert Street South Huron N0M 1S1
$750,000 /For SaleCommercial- 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 detailsListed by Peak Select Realty Inc- DARYL KING
- RE/MAX HALLMARK REALTY LIMITED
- 1 (905) 9075464
- homes@darylking.com
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24 Indian Road Crescent in Toronto: High Park North Commercial for sale (Toronto W02) : MLS®# W13804926
24 Indian Road Crescent Toronto M6P 2G1
$1,399,990 /For SaleCommercial- Status:
- Active
- MLS® Num:
- W13804926
- Major Bus.:
- Apts - 2 To 5 Units
- Total Area:
- 3,000 sq. ft.
Incredible investment opportunity!!! Fabulous two-storey fourplex available for sale on a quiet tree-lined family-friendly street just north of High Park. Four bright, charming, well-maintained 1 bedroom units, each with a large, sunny eat-in kitchen, separate light-filled living area, and 4-piece bath. Enviable, ultra-convenient west-end neighbourhood steps from subway station, TTC bus routes, and the countless shops and services of Bloor West Village and The Junction. Three units rented to long-term, stable tenants. 1 vacant unit is renovated and ready to be leased at current market value. Great opportunity for a new operator to buy and hold in a truly A+ location. More detailsListed by KELLER WILLIAMS ADVANTAGE REALTY- DARYL KING
- RE/MAX HALLMARK REALTY LIMITED
- 1 (905) 9075464
- homes@darylking.com
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867 Upper Sherman Avenue in Hamilton: Thorner Commercial for sale : MLS®# X13794600
867 Upper Sherman Avenue Hamilton L8V 3N2
$774,900 /For SaleCommercial- Status:
- Active
- MLS® Num:
- X13794600
- Major Bus.:
- Apts - 2 To 5 Units
- Total Area:
- 1,106 sq. ft.
Turnkey legal duplex on the desirable Hamilton Mountain! Main floor 2 bedroom unit can be easily be turned back into 3 bedrooms. With approximately 1,100 sq. ft. even the basement unit is very spacious. The main floor features a large kitchen, solid oak cabinetry, hardwood flooring throughout, 4-piece bath, and a spacious primary bedroom with gas fireplace. The open concept basement unit is approx 5 years old. Two hydro meters and two water meters allow each unit to pay 100% of their own utilities. Recent major updates include a newer A/C, roof and basement waterproofing. A+ tenants paying market rent, making this a turnkey investment, or live in one unit and have the other help offset your mortgage. Double-wide driveway to complete the package! More detailsListed by ROCK STAR REAL ESTATE INC.- DARYL KING
- RE/MAX HALLMARK REALTY LIMITED
- 1 (905) 9075464
- homes@darylking.com
Data was last updated September 23, 2026 at 03:15 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.
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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.