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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196-198 Clarence Street in London East: East K Commercial for sale : MLS®# X13784218
196-198 Clarence Street London East N6B 2J7 
$739,999 /For SaleCommercial- Status:
- Active
- MLS® Num:
- X13784218
- Major Bus.:
- Apts - 6 To 12 Units
- Total Area:
- 5,924.16 sq. ft.
196-198 Clarence Street consists of two separate lots and is fully approved and ready to build, with plans, permits and due diligence completed, making this a true shovel-ready 8-unit redevelopment opportunity. City of London housing incentives may provide a forgivable loan of up to $45,000 per qualifying unit, representing potential funding of up to $360,000, subject to program availability, eligibility requirements and municipal approval. Based on projected rents of $1,250 per unit, plus anticipated parking and locker income, the completed project could generate approximately $134,400 in annual gross revenue and projected NOI of approximately $108,920. At stabilization, this supports an estimated value of approximately $2,178,400 at a 5% capitalization rate or $1,815,333 at a 6% capitalization rate. Once completed and stabilized, the property may also qualify for CMHC MLI Select financing, subject to applicable program and lender requirements. The property is conveniently located near Downtown London, transit, employment, shopping and amenities. Complete plans and due diligence package are available upon request. All projections, incentives and financing opportunities are estimates only and should be independently verified by the purchaser. More detailsListed by EXP REALTY- DARYL KING
- RE/MAX HALLMARK REALTY LIMITED
- 1 (905) 9075464
- homes@darylking.com
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106 Lorne Avenue in Chatham-Kent: Chatham Commercial for sale : MLS®# X13785124
106 Lorne Avenue Chatham-Kent N7M 1S1
$749,999 /For SaleCommercial- Status:
- Active
- MLS® Num:
- X13785124
- Major Bus.:
- Apts - 6 To 12 Units
- Total Area:
- 9,332 sq. ft.
125k/unit at going-in cap rate of 7.1%. Gross annual income $88,000. Purpose built 6-unit including 1 vacant (five 2 bedrooms & one 1 bedrooms). Building features revitalized common areas, renovated units and restored front entrance portico. Tenants pay Hydro. Updated Plumbing (2021). Updated Electrical (2021). Windows replaced (2022). Laundry on site, 6 Parking spaces. Building offers additional upside potential in a supply-constrained rental market. Scheduled tours to see all units will take place Sunday, September 20th from 12-2pm. 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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45 Wellington Street N in Hamilton: Beasley Commercial for sale : MLS®# X13787708
45 Wellington Street N Hamilton L8R 1M9
$2,500,000 /For SaleCommercial- Status:
- Active
- MLS® Num:
- X13787708
- Major Bus.:
- Apts - 6 To 12 Units
- Total Area:
- 4,763 sq. ft.
INVESTMENT OPPORTUNITY | 7 MIXED-USE UNITS | 5.62% CAP RATE | $175,740 SCHEDULED ANNUAL GROSS INCOME. 45 Wellington Street N presents a rare opportunity to acquire a fully converted, income-producing mixed-use property featuring 5 residential units, 2 commercial units and additional storage income, creating a diversified revenue stream in one of Hamilton's rapidly evolving urban corridors.Fully tenanted, the property generates approximately $14,645/month in scheduled gross income, or $175,740 annually, and is offered at an attractive 5.62% capitalization rate.Extensive capital improvements include updated HVAC, plumbing and electrical systems, framing and insulation, spray foam insulation, separate hydro metering, roof and windows, on-site parking, a new garden suite, new walk-in cooler and water-powered metal fire escape, plus numerous additional upgrades.Potential financing opportunity: positioned for a potential $2M CMHC take-out under 100-point MLI Select, incorporating affordability and energy-efficiency considerations, with an estimated 9.6% cash-on-cash return, including the applicable default insurance premium.Strategically located near major transit, established amenities, employment centres and significant ongoing redevelopment, the property is well positioned to benefit from Hamilton's continued urban intensification and growth.D1 zoning provides flexibility and additional future opportunity. With diversified income, extensive improvements, an attractive cap rate and potential CMHC financing strategy, 45 Wellington Street N offers investors a compelling opportunity for current cash flow and long-term value creation.A distinctive Hamilton investment property offering scale, income and significant future potential. More detailsListed by REVEL REALTY INC.- DARYL KING
- RE/MAX HALLMARK REALTY LIMITED
- 1 (905) 9075464
- homes@darylking.com
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238 Garden Avenue in Toronto: High Park-Swansea Commercial for sale (Toronto W01) : MLS®# W13786864
238 Garden Avenue Toronto M6R 1J1
$2,199,000 /For SaleCommercial- Status:
- Active
- MLS® Num:
- W13786864
- Major Bus.:
- Apts - 2 To 5 Units
- Total Area:
- 2,212 sq. ft.
Exceptional investment opportunity in one of Toronto's most desirable west-end neighbourhoods. This truly LEGAL triplex has been completely rebuilt from the studs, offering a turnkey, income-producing asset with strong rental demand and low maintenance requirements. The property features an ideal unit mix of two one-bedroom apartments on the lower and main levels, along with a spacious three-bedroom upper-level suite, totaling approximately 2212 sq. ft. of rentable area. Each suite is thoughtfully designed with contemporary finishes, a sleek kitchen with stainless steel appliances, in-suite laundry, bright open-concept living spaces, and walkout access to a private deck or patio. An exceptional opportunity to acquire a fully leased investment property with reliable income and outstanding long-term appreciation potential in one of Toronto's most sought-after rental markets. Leveraged CAP rate of 8.66% with 30% down. Gross Income: $116,400, Expenses $17,750, Net Income $98,650 in year 1. Offering memorandum available. 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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322 Honeyborne Street in Mississippi Mills: 911 - Almonte Commercial for sale : MLS®# X13778962
322 Honeyborne Street Mississippi Mills K0A 1A0
$6,450,000 /For SaleCommercial- Status:
- Active
- MLS® Num:
- X13778962
- Major Bus.:
- Apts - Over 20 Units
- Total Area:
- 34,207.67 sq. ft.
Attention Investors! A purpose-built 24-unit apartment building completed in 2020, located in the growing community of Almonte, approximately 20 minutes west of Kanata and 40 minutes from downtown Ottawa. This modern three-storey asset offers a practical unit mix comprising 17 two-bedroom, 2 one-bedroom and 5 three-bedroom units, along with elevator service. Units range from approximately 650 to 955 sq. ft. and feature efficient, open-concept layouts, laminate flooring, a fridge, stove, dishwasher, ERV and window coverings. Coinamatic laundry facilities are conveniently located on every floor. Designed for efficient operation and management, tenants pay hydro while the landlord pays heat and water. The property provides approximately 30 tenant parking spaces, 5 visitor spaces and additional street parking. Other features include controlled entry, an intercom and camera-monitored common areas. Completed and first occupied in 2020, the building is not subject to Ontario's annual rent-increase guideline. Ideally situated within walking distance of shopping, restaurants, parks and essential services, the property benefits from its location in Mississippi Mills, which experienced 12% population growth between 2016 and 2021, as well as convenient access to Kanata and Ottawa. A modern multifamily investment offering strong fundamentals, durable construction and long-term income potential. More detailsListed by EXP REALTY- DARYL KING
- RE/MAX HALLMARK REALTY LIMITED
- 1 (905) 9075464
- homes@darylking.com
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442 Macdonnell Street in Kingston: 14 - Central City East Commercial for sale : MLS®# X13778214
442 Macdonnell Street Kingston K7L 4E4
$2,375,000 /For SaleCommercial- Status:
- Active
- MLS® Num:
- X13778214
- Major Bus.:
- Apts - 6 To 12 Units
- Total Area:
- 1,883.68 sq. ft.
Prime investment opportunity in Central Kingston! This solid, fully-brick 12-unit residential building features a turn-key mix of 7 one-bedroom units and 5 efficient bachelor units. Situated in a high-demand location with easy transit access to downtown amenities and post-secondary institutions. Strong Revenue Stream: Generating a solid $182,600 in gross annual rent, plus extra income from the onsite coin-operated laundry and 3 dedicated outdoor parking spaces. Current Rent is 12% below market across the building, with room to improve. Low Owner Capital Expenditure: New roof replaced 2 years ago, offering low maintenance risk for years to come.Minimal Utility Costs: Each unit is individually metered for hydro, drastically keeping landlord utility expenses low. Key Features: Carpet-free building interior, exterior lighting, updated fire protection system, and select units with cozy gas fireplaces. An exceptionally stable, low-maintenance multi-family asset offering strong cash flow with reliable upside. More detailsListed by CENTURY 21 LANDUNION 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®# E13780830
97 Lee Avenue Toronto M4E 2P2
$8,449,000 /For SaleCommercial- Status:
- Active
- MLS® Num:
- E13780830
- Major Bus.:
- Apts - 6 To 12 Units
- Total Area:
- 11,232 sq. ft.
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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6134 County Rd 13 Road N in Adjala-Tosorontio: Everett Commercial for sale : MLS®# N13778450
6134 County Rd 13 Road N Adjala-Tosorontio L0M 1J0
$1,175,000 /For SaleCommercial- Status:
- Active
- MLS® Num:
- N13778450
- Major Bus.:
- Apts - 2 To 5 Units
- Total Area:
- 21,780 sq. ft.
INCREDIBLE INVESTMENT OPPORTUNITY ON A DOUBLE CORNER LOT (POSSIBLE SEVERANCE AVAILABLE) IN THE GROWING TOWN OF EVERETT...............CURRENTLY OPERATING AS A LEGAL TRIPLEX, THERE ARE A NUMBER OF ADDITIONAL OPTIONS HERE WITH MIXED RES/COMM (HR1C1) ZONING WITH SEVERAL PERMITTED USES...............Also ideal for multi-family living under one roof and sharing bills, but all with totally separate spaces................Less than 60 minutes to much of the GTA, only 10 mins to Alliston (home of Honda Canada Mfg), and Base Borden (high demand for rentals)................With 4,331 sq ft, each unit is completely separate from one another, and very spacious...............All units have 3 bdrms, a full 4 piece bath and their own outdoor area...............Shared coin operated laundry adds extra income...............4 driveways with 10+ parking spots..............Low vacancy rate, one unit currently reno'd and remains intentionally unoccupied...............Foundation for former detached shop remains, should be easy permit if you want to re-construct..............2 garden sheds..............Mature trees.................Several recent mechanical/structural updates include: Shingled roof 2020, metal roof 2016, board and batten 2018, septic risers 2025 (inspected and pumped at that time), owned hot water tank 2026, furnace 2014...............This property truly offers a great deal of future value to a sharp investor. More detailsListed by RE/MAX HALLMARK CHAY REALTY- DARYL KING
- RE/MAX HALLMARK REALTY LIMITED
- 1 (905) 9075464
- homes@darylking.com
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58 Wellington Street in Port Colborne: 875 - Killaly East Commercial for sale : MLS®# X13781454
58 Wellington Street Port Colborne L3K 2J7
$439,900 /For SaleCommercial- Status:
- Active
- MLS® Num:
- X13781454
- Major Bus.:
- Apts - 2 To 5 Units
- Total Area:
- 3,843 sq. ft.
Excellent opportunity for investors, first-time buyers or those looking to live in one unit and have a tenant help with the mortgage. This well-maintained two-unit home in Port Colborne features a spacious main-floor 2-bedroom unit with a 3-piece bath, in-unit laundry, sundeck and access to the backyard. The second-floor 1-bedroom unit offers a kitchen, 4-piece bath and separate living space. Both units feature separate front entrances and dedicated parking. The main floor is currently vacant, providing flexibility for an owner-occupier or new tenant. Great Cashflow potential and an attractive opportunity for homeownership or long-term investment. More detailsListed by COLDWELL BANKER COMMUNITY PROFESSIONALS- DARYL KING
- RE/MAX HALLMARK REALTY LIMITED
- 1 (905) 9075464
- homes@darylking.com
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11 Dennis Avenue in Toronto: Mount Dennis Commercial for sale (Toronto W04) : MLS®# W13782194
11 Dennis Avenue Toronto M6N 2T7
$1,439,900 /For SaleCommercial- Status:
- Active
- MLS® Num:
- W13782194
- Major Bus.:
- Apts - 2 To 5 Units
- Total Area:
- 3,000 sq. ft.
A rare opportunity to purchase this high-performing LEGAL triplex just steps away from the Mount Dennis super transit hub. With an average 8.54% leveraged CAP rate, this fully renovated (gutted to the studs) triplex is an ideal investment to add to any portfolio. This turnkey opportunity offers three two-bedroom units, each spanning 1000 sq ft, each with a private ensuite, washer and dryer, brand new appliances and fixtures, large windows with an abundance of natural light, new mechanicals and each unit is separately metered for hydro. The NEWLY PAVED backyard and detached garage offer an excellent potential for a garden suite, creating a rare opportunity to further increase the density and value. With a close proximity to a brand-new public school, a nearby catholic school, excellent transit, and neighbourhood shopping, this central location ensures low vacancy and high-calibre tenants. 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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84 West Avenue S in Hamilton: Stinson Commercial for sale : MLS®# X13782568
84 West Avenue S Hamilton L8N 2S3
$699,900 /For SaleCommercial- Status:
- Active
- MLS® Num:
- X13782568
- Major Bus.:
- Apts - 2 To 5 Units
- Total Area:
- 2,210 sq. ft.
Unique, one-of-a-kind Victorian triplex situated on a private dead-end street in a desirable Hamilton location. This well-maintained detached property features three self-contained one-bedroom units, all currently vacant, offering flexibility for an investor, owner-occupier, or multi-generational setup. The property includes a detached garageand is ideally positioned near the future LRT line, the escarpment, and major routes of access including Wellington, Main Street, King Street and the surrounding arterialroads. Located just seconds from St. Joseph's Healthcare and close to Juravinski Hospital, making the location particularly attractive to healthcare professionals and tenantsseeking convenient access to the city's medical district. Set directly across from a recreation centre and tucked away on a quiet private street, the property offers a rarecombination of character, privacy, accessibility and income potential. A truly distinctive three-unit property in an established and highly accessible Hamilton neighbourhood. More detailsListed by MICHAEL ST.JEAN REALTY INC.- DARYL KING
- RE/MAX HALLMARK REALTY LIMITED
- 1 (905) 9075464
- homes@darylking.com
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378 Mara Road in Brock: Beaverton Commercial for sale : MLS®# N13777652
378 Mara Road Brock L0K 1A0
$1,199,000 /For SaleCommercial- Status:
- Active
- MLS® Num:
- N13777652
- Major Bus.:
- Apts - 2 To 5 Units
- Total Area:
- 17,424 sq. ft.
Attention Investors!!! Welcome to this Legal 5-Plex On a Huge 0.4 Acre Lot with 78+ CAP Rate! This Century Home Investment Offers loads of Character. Five 2-Bedroom Apartments with Legal NCStatus. Over $9,200/Mo Gross Rents making this the perfect Investment. This property features Hardwood Floors, Lots Of Parking (Over 10 Cars), New Boiler (2022), 4/5 Units Upgraded With New Kitchens And Updated Bathrooms (2021/2022), 6 Hydro Meters, New Thermostat for all units, Heat Detection System and Much More! Short Walk To Lake Simcoe And Downtown Beaverton, Beaverton Public School At Backyard Of Property, Close to Groceries Stores, and all Amenities making This The PERFECT Income Generating Asset! More detailsListed by ROYAL LEPAGE SIGNATURE REALTY- DARYL KING
- RE/MAX HALLMARK REALTY LIMITED
- 1 (905) 9075464
- homes@darylking.com
Data was last updated September 15, 2026 at 05:15 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.