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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300 Athol Street in Whitby: Downtown Whitby Commercial for sale : MLS®# E13768166
300 Athol Street Downtown Whitby Whitby L1N 3Z4 $1,995,000 /For SaleCommercial- Status:
- Active
- MLS® Num:
- E13768166
- Major Bus.:
- Apts - 6 To 12 Units
- Total Area:
- 8,202 sq. ft.762 m2
This property has been under the same meticulous ownership for over 50 years. Very clean, well-maintained 8-unit brick & block apartment building located in one of Whitby's most sought-after rental locations. All 2 bedroom units. Long history of stable rents and high occupancy. Rental upside offers the opportunity to increase yield and maximize return on investment. Ample on-site parking. Laundry room in building with coin-operated machines for additional income. The building has benefited from many recent updates, ensuring a turnkey acquisition for the next investor. Properties of this calibre with deep-rooted history and an excellent maintenance record are rarely available on the market. More detailsListed by Royal LePage Frank Real Estate- DARYL KING
- RE/MAX HALLMARK REALTY LIMITED
- 1 (905) 9075464
- homes@darylking.com
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740 Lansdowne Avenue in Toronto: Dovercourt-Wallace Emerson-Junction Commercial for sale (Toronto W02) : MLS®# W13767790
740 Lansdowne Avenue Dovercourt-Wallace Emerson-Junction Toronto M6H 3Y8 $1,299,000 /For SaleCommercial- Status:
- Active
- MLS® Num:
- W13767790
- Major Bus.:
- Apts - 2 To 5 Units
- Total Area:
- 1,357 sq. ft.126 m2
Legal triplex located in the Junction-Wallace pocket of West Toronto. Take advantage of this well-maintained and vacant property to place new market-rent-paying tenants with the potential to earn over 7% on invested capital. Walking distance to Lansdowne Station and the Bloordale Village, and a walk score of 91, makes this legal triplex easy to rent. This well-maintained property comprises three two-bedroom units featuring bright interiors, hardwood flooring, private entrances, access to a rear yard, a new roof, and a new furnace. With no existing tenancies, the property offers a true blank slate for leasing at current market rents, repositioning through upgrades, or holding as a turnkey income asset. Located in a well-connected area with exceptional walkability to shops, restaurants, community centres, and schools, the property benefits from strong and consistent tenant demand. This unique investment opportunity is ideal for investors seeking reliable rental cash flow, long-term stability, and portfolio diversification. 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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575 Somerset Street W in Ottawa Centre: 4102 - Ottawa Centre Commercial for sale : MLS®# X13758910
575 Somerset Street W 4102 - Ottawa Centre 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.0 m2
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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298 Hyman Street in London East: East F Commercial for sale : MLS®# X13762420
298 Hyman Street East F London East N6B 2G7 $1,650,000 /For SaleCommercial- Status:
- Active
- MLS® Num:
- X13762420
- Major Bus.:
- Apts - 6 To 12 Units
- Total Area:
- 3,150 sq. ft.293 m2
Exceptional investment opportunity in the heart of downtown, just steps from Victoria Park. This beautifully renovated multi-unit property offers six well-maintained units, including a stunning owner-occupied live-in suite designed with comfort and style in mind. Perfect for investors or owner-operators looking to enjoy downtown living while generating strong rental income. The property showcases quality updates throughout, blending character and charm with modern finishes. The live-in unit has been thoughtfully designed with spacious living areas, upgraded kitchen and bath features, and direct access to an incredible private outdoor retreat. Enjoy entertaining in the outdoor kitchen area or relaxing on the secluded patio space. Additional highlights include a detached garage which currently houses parking for one car work shop and storage, ample outdoor living space, and excellent curb appeal. Located in the vibrant core area, tenants and owners alike will appreciate being within walking distance to restaurants, entertainment, parks, transit, and all downtown amenities. A rare opportunity to own a turnkey multi-unit property in one of the city's most desirable central locations. More detailsListed by ROYAL LEPAGE TRILAND REALTY- DARYL KING
- RE/MAX HALLMARK REALTY LIMITED
- 1 (905) 9075464
- homes@darylking.com
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221 Walton Street: Port Hope Commercial for sale : MLS®# X13763354
221 Walton Street Port Hope Port Hope L1A 1P1 $809,000 /For SaleCommercial- Status:
- Active
- MLS® Num:
- X13763354
- Major Bus.:
- Apts - 2 To 5 Units
- Total Area:
- 9,558 sq. ft.888 m2
Unlock the potential of this legal 4-plex, offering over 3,500 sq. ft. (MPAC) of rentable space in a high-demand location. All four units are fully above grade and self-contained, comprising two spacious two-bedroom units and two one-bedroom units. The property has been renovated, with three units currently tenanted and one vacant, providing immediate income with the opportunity to place a new tenant at current market rent. Located in historic downtown Port Hope, residents enjoy walkable access to shops, cafés, amenities and public transit, along with convenient access to VIA Rail and Highway 401-ideal for attracting a broad tenant base. A rear addition overlooking a peaceful ravine adds to the property's appeal. Whether you're expanding your portfolio or seeking a repositioning opportunity, this property's size, location and configuration make it a rare find. With strong rental demand in one of Ontario's most desirable small towns, this is a smart investment ready for its next chapter. More detailsListed by RE/MAX Jazz INC.- DARYL KING
- RE/MAX HALLMARK REALTY LIMITED
- 1 (905) 9075464
- homes@darylking.com
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1539-1547 Barton Street E in Hamilton: Homeside Commercial for sale : MLS®# X13761316
1539-1547 Barton Street E Homeside Hamilton L8H 2X7 $3,079,000 /For SaleCommercial- Status:
- Active
- MLS® Num:
- X13761316
- Major Bus.:
- Apts - 13 To 20 Units
- Total Area:
- 25,860 sq. ft.2,402 m2
A strong opportunity to acquire a professionally managed 16-unit residential apartment property offering an attractive combination of strong current yield, stable operations and meaningful upside. The suite mix includes 14 two-bedroom apartments and two one-bedroom apartments, with approximately 11 of the 16 units updated to varying degrees by current ownership. Several remaining suites offer further renovation potential, while a number of existing rents - including some materially below market - provide clear opportunity for income growth over time. The property is a solid, relatively low-maintenance multi-residential asset with a substantial paved parking area at the rear. It has been professionally managed for years and offers buyers a straightforward addition to an existing residential portfolio. Located in the edge of Hamilton's east end, the property is surrounded by everyday amenities including grocery, shopping, restaurants, services and transit, with convenient access to the Red Hill Valley Parkway and QEW. Offered at a current capitalization rate just under 6%, the property delivers compelling in-place income with the added benefit of CMHC financing potential and multiple avenues for long-term value creation. For investors seeking scale, strong yield and embedded rental upside in a pure residential asset, this is a particularly attractive offering. More detailsListed by Corcoran Horizon Realty- 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 Kensington-Chinatown 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.1,052 m2
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 Rural Glanbrook 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.372 m2
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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183 Maurice Drive in Oakville: 1002 - CO Central Commercial for sale : MLS®# W13756534
183 Maurice Drive 1002 - CO Central 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.999 m2
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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93 Spadina Road in Toronto: Annex Commercial for sale (Toronto C02) : MLS®# C13753716
93 Spadina Road Annex 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.570 m2
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 Humewood-Cedarvale 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.279 m2
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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1160 Dufferin Street in Toronto: Dovercourt-Wallace Emerson-Junction Commercial for sale (Toronto W02) : MLS®# W13755630
1160 Dufferin Street Dovercourt-Wallace Emerson-Junction 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.222 m2
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
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.