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
-
38 HINCKS Street: St. Thomas Commercial for sale : MLS®# X12921172
38 HINCKS Street St. Thomas N5R 3N6 
$514,000 /For SaleCommercial- Status:
- Active
- MLS® Num:
- X12921172
- Major Bus.:
- Apts - 2 To 5 Units
- Total Area:
- 2,058 sq. ft.
Calling all investors!! This all-brick turnkey TRIPLEX is cash flowing very nicely at current interest rates. All three units feature 1 bedroom and 1 bathroom and comes fully tenanted with A+ tenants. Investors will love the separately metered hydro, water and gas for all units(gas meters for Units 1 & 2, Unit 3 has electric heat and no gas). Units 2 and 3 have had plenty of updates/upgrades in the past 5 years such as floors, kitchens, appliances and lighting fixtures. Unit 1 received a new kitchen, including new fridge, dishwasher and microwave range hood, laminate flooring in kitchen and bathroom, as well as tub surround and bathroom sink just 3 years ago. Unit one also has direct access to a fenced in backyard. Each unit has their own hot water tank and a separate furnace for Units 1 & 2. A shared laundry facility is located in the shared basement area that stays perfectly dry due to moisture barriers installed. Current rents are $820, $1375 and $1275 per month ($41,640 Annually) and tenants cover all utilities other than the common area/basement (landlord pays roughly $30-$50/mo). There is an outdoor fire escape ladder for Units 2 & 3. The time to purchase this amazing TURNKEY investment property is NOW, as St Thomas is poised for growth for years to come with the massive VW Battery Plant currently under construction. More detailsListed by PRIME REAL ESTATE BROKERAGE- DARYL KING
- RE/MAX HALLMARK REALTY LIMITED
- 1 (905) 9075464
- homes@darylking.com
To access this listing,
please create a free account -
103 & 105 Gilmour Avenue in Toronto: Junction Area Commercial for sale (Toronto W02) : MLS®# W12918666
103 & 105 Gilmour Avenue Toronto M6P 3B2
$2,499,900 /For SaleCommercial- Status:
- Active
- MLS® Num:
- W12918666
- Major Bus.:
- Apts - 6 To 12 Units
- Total Area:
- 5,320 sq. ft.
Solid 6-Plex Investment in Junction / High Park North Well-located sixplex on a 40 x 114 ft lot in one of Toronto's most desirable west-end neighbourhoods. Property includes four spacious 2-bedroom units and two 1-bedroom units, five currently rented, providing stable and consistent income. Estimated gross income ~$130,000 and net ~$93,000.Features a rare 4-car garage at the rear, adding additional income potential or future value. Well-suited for investors seeking a straightforward, easy-to-manage asset with strong fundamentals. Excellent long-term hold in a high-demand rental area steps to transit, shops, and parks. Turnkey income today with future upside. Buyer/Buyer's Agent to verify zoning, uses, and financials. 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 -
393 Second Street: Collingwood Commercial for sale : MLS®# S12918202
393 Second Street Collingwood L9Y 1G9
$998,800 /For SaleCommercial- Status:
- Active
- MLS® Num:
- S12918202
- Major Bus.:
- Apts - 2 To 5 Units
- Total Area:
- 2,174 sq. ft.
EXCEPTIONAL TRIPLEX INVESTMENT Opportunity in Collingwood! Discover a prime investment opportunity with this well-maintained triplex generating an impressive annual rental income of $61,800 ($5,150/month). Tenants pay all utilities and snow removal, maximizing your return. This property features three self-contained units, each offering 2 bedrooms and a 4-piece bathroom, all separately metered for convenience and efficiency. Situated on a generous 97 x 133 ft lot in a highly desirable location, this property offers incredible potential for future development. Under current Town of Collingwood guidelines there is potential for *Severance to create 2 lots *Development of up to four units on each lot *Construction of a garage or coach house. *Building two homes on newly created lots *Conversion to a single-family residence or custom dream home (Buyer to complete due diligence to confirm their intended use). The property has had numerous upgrades, including: *Durable metal roof and asphalt roof on porch 2025 (Apartment 3 ) *Updated electrical (breakers for two units) *Some newer windows and vinyl siding *Updated flooring *Newer appliances *Three owned hot water heaters *Stylish designer paint throughout. With A++ tenants already in place, this is a turnkey investment ideal for both seasoned investors and those entering the market. Located within walking distance to historic downtown Collingwood, you'll enjoy easy access to shops, restaurants, theatres, and the beautiful shores of Georgian Bay. Plus, you're just a short drive to Blue Mountain Village, Thornbury, and the world's longest freshwater beach. A rare opportunity in a thriving rental market-don't miss out! More detailsListed by RE/MAX Four Seasons Realty Limited- DARYL KING
- RE/MAX HALLMARK REALTY LIMITED
- 1 (905) 9075464
- homes@darylking.com
-
244 King Street in Welland: 768 - Welland Downtown Commercial for sale : MLS®# X12915936
244 King Street Welland L9H 1V9
$7,500,000 /For SaleCommercial- Status:
- Active
- MLS® Num:
- X12915936
- Major Bus.:
- Apts - Over 20 Units
- Total Area:
- 24,126 sq. ft.
Exceptional investment opportunity in a prime Welland location. This property has undergone a complete transformation featuring a brand-new interior built in 2025. The ground floor features established commercial tenants, including a medical clinic and a pharmacy, providing stable and reliable income. In addition, the plaza includes 26 residential units (rentals), creating multiple income streams and strong cash flow potential. Ideal for investors seeking consistent returns, multi-use flexibility, and long-term value appreciation. The dual street exposure enhances accessibility, and visibility. More detailsListed by RE/MAX ESCARPMENT GOLFI REALTY INC.- DARYL KING
- RE/MAX HALLMARK REALTY LIMITED
- 1 (905) 9075464
- homes@darylking.com
-
605-607 Richmond Street in London East: East F Commercial for sale : MLS®# X12916794
605-607 Richmond Street London East N6A 3G3
$3,600,000 /For SaleCommercial- Status:
- Active
- MLS® Num:
- X12916794
- Major Bus.:
- Apts - 6 To 12 Units
- Total Area:
- 9,320 sq. ft.
Prime Residential/Commercial Investment Opportunity. Position your portfolio for success with this exceptional mixed-use property located at the high-profile intersection of Richmond Street & Central Avenue, one of London's most sought-after and heavily trafficked urban corridors. Directly across from Victoria Park and Starbucks this iconic three-storey building offers unmatched visibility and foot traffic in a premier downtown setting. This exceptional offering includes Three Storey mixed-use building featuring main-level commercial retail units and second-floor residential apartments. The property delivers consistent annual income with a solid tenant mix and long-term upside. Ideal for investors seeking cash flow, asset appreciation, and future redevelopment potential. Breakdown of Commercial/Residential: 4 Commercial Units/Tenants - Total of 3,500 SF among the commercial tenants. 8 Residential Apartment Units (# - 1 Bedroom Units & # - 2 Bedroom Units). Commercial Tenants include: Marcello Hair Stylist, Babaz Shawarma Plus, Ozen Restaurant and ATM machine. Site Area: 0.97 acres. Asking Price: $3,600,000. Steady Income year to year. $230,000 Net Income/Year. Full Sale Package Addresses: 605-607 Richmond Street and 208 Central Avenue, London. More detailsListed by CUSHMAN & WAKEFIELD 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 -
218 Broadview Avenue in Toronto: South Riverdale Commercial for sale (Toronto E01) : MLS®# E12911610
218 Broadview Avenue Toronto M4M 2G5
$1,149,990 /For SaleCommercial- Status:
- Active
- MLS® Num:
- E12911610
- Major Bus.:
- Apts - 2 To 5 Units
- Total Area:
- 1,800 sq. ft.
Opportunity awaits! Look no further than this big, bright, fabulous 3 unit, 2 and 1/2 storey Victorian home w/amazing income potential in amenity-rich, ultra-convenient location. Beautifully renovated luxurious 2-storey apartment on top two levels with 2+1 bedrooms (living room can be configured as 3rd bedroom), hardwood floors, two full baths, kitchen w/modern appliances, and separate AC units on each of the top floors. Main floor 1 bedroom apartment with living area, large eat-in kitchen, & 4 piece bath. 1 bedroom basement apartment with kitchen & bathroom & separate entrance at rear. Laundry in basement. 1 parking space at back via laneway drive. Bustling & rapidly developing neighbourhood steps from Leslieville, Riverside & Corktown. So much development in adjacent Queen/Broadview, along w/ nearby emerging Ontario Line. Huge future upside! Pedestrian & cyclist friendly, and TTC stops at doorstep! Easy stroll to Riverdale Park, fantastic trails, community/recreation centre and countless boutiques, eateries, and services of Queen Street,The Danforth, and Chinatown East! More detailsListed by KELLER WILLIAMS ADVANTAGE REALTY- DARYL KING
- RE/MAX HALLMARK REALTY LIMITED
- 1 (905) 9075464
- homes@darylking.com
-
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
Data was last updated March 26, 2026 at 04:15 AM (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.