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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822 Marlborough Street N in Cornwall: 717 - Cornwall Commercial for sale : MLS®# X13046294
822 Marlborough Street N 717 - Cornwall Cornwall K6H 4B4 $3,500,000 /For SaleCommercial- Status:
- Active
- MLS® Num:
- X13046294
- Major Bus.:
- Apts - 6 To 12 Units
- Total Area:
- 12,000 sq. ft.1,115 m2
This brand-new twelve-unit apartment building is a standout opportunity in Cornwall's competitive rental market, where quality units lease almost immediately due to strong demand and limited supply.Perfectly positioned in prime North Cornwall, it's just minutes from FreshCo for everyday shopping, excellent schools, beautiful parks, and the popular Cornwall Aquatic Centre featuring a competition pool, leisure pool, two-storey waterslide, and whirlpool.Tenants enjoy modern finishes, a peaceful family-friendly neighbourhood, and unbeatable convenience to everything they need. Sitting on over an acre with excellent long-term growth potential, this turnkey multifamily asset offers reliable cash flow and real upside in one of Eastern Ontario's most promising communities. More detailsListed by ROYAL LEPAGE TEAM REALTY- DARYL KING
- RE/MAX HALLMARK REALTY LIMITED
- 1 (905) 9075464
- homes@darylking.com
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9 Queen Street W in Springwater: Elmvale Commercial for sale : MLS®# S13047266
9 Queen Street W Elmvale Springwater L0L 1P0 $2,970,000 /For SaleCommercial- Status:
- Active
- MLS® Num:
- S13047266
- Major Bus.:
- Apts - 6 To 12 Units
- Total Area:
- 8,634 sq. ft.802 m2
Turnkey mixed-use investment opportunity at 9 Queen St W, Elmvale, Springwater. The 8634 SF property features 5 apartments and 5 commercial units in a comprehensively renovated building. Improvements include a full gut renovation, updated electrical, new plumbing, the addition of two apartments, paving, and exterior facade improvements. All five apartments and two commercial units have been left vacant to allow the purchaser to select their own tenant mix and have the opportunity to achieve market rents without waiting out a lease expiry or unpredictable residential turnover. Additionally, there's the ability for a buyer to occupy some of the space themselves, which would easily incorporate the option of self-management. The residential suites vary from 1-3 bedrooms and offer on-site parking, appealing to a wide tenant prospective pool of tenants. This asset provides immediate leasing flexibility and strong income potential from day one. More detailsListed by MAVEN COMMERCIAL REAL ESTATE- DARYL KING
- RE/MAX HALLMARK REALTY LIMITED
- 1 (905) 9075464
- homes@darylking.com
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30 Tiffin Street in Barrie: Allandale Centre Commercial for sale : MLS®# S13046826
30 Tiffin Street Allandale Centre Barrie L4N 2M7 $499,000 /For SaleCommercial- Status:
- Active
- MLS® Num:
- S13046826
- Major Bus.:
- Apts - 2 To 5 Units
- Total Area:
- 1,806 sq. ft.168 m2
Prime Investment Opportunity in Barrie's Urban Growth Centre. Exceptional high-exposure corner property located in the heart of Barrie's designated Urban Growth Centre. Ideally situated just a short walk to the Barrie South GO Station and the City's vibrant Waterfront, this property offers outstanding visibility and accessibility. Positioned directly across from a busy commercial plaza, it benefits from consistent traffic and strong signage exposure. This well-maintained and recently updated mixed-use duplex presents a versatile opportunity for investors, end-users, or business owners. The main level features a recently updated self-contained 1-bedroom unit with a separate entrance-ideal for residential tenancy or easily adaptable for professional office or commercial use. The upper level has also been recently updated and offers a bright and spacious 2-bedroom, 1-bath apartment with an open-concept layout and in-suite laundry. The property sits on a high-visibility corner lot and offers parking for up to 6 vehicles. Both units are fully tenanted and furnished, making this a true turnkey investment. Additional income is generated from on-site advertising signage, with three panels producing approximately $1,500 each annually. Recent upgrades include shingles (approx. 2 years), new A/C, new hot water tank, new washer and dryer, as well as a new front desk and rear fence. With multiple income streams and flexible zoning potential, this property is ideal for investors seeking a stable, turnkey asset in a rapidly growing urban core More detailsListed by REMAX YOUR COMMUNITY REALTY- DARYL KING
- RE/MAX HALLMARK REALTY LIMITED
- 1 (905) 9075464
- homes@darylking.com
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272 First Avenue W in North Bay: Central Commercial for sale : MLS®# X13047008
272 First Avenue W Central North Bay P1B 3C1 $875,000 /For SaleCommercial- Status:
- Active
- MLS® Num:
- X13047008
- Major Bus.:
- Apts - 2 To 5 Units
- Total Area:
- 2,959 sq. ft.275 m2
Legal Fourplex but could be used as commercial uses or office through a change of use permit with the City of North Bay. If turnkey is what you are looking for then this investment property is for you. This building went through a full office building conversion to 4 residential units completed August 2023. The renovation list is long including all new wiring and 5 panels, flooring, kitchens, led lighting, bathrooms, plumbing, hot water heat, boiler (2026), attic insulation R60 with removal of vermiculite, trim, casings, doors, coin laundry and more. All building permits are closed, esa letters on all 5 panels, income and expenses as well as renovation and floor plans available. Previous owner added rear addition which is now part of unit 4 with in floor heat and 22 ft ceilings as well as shingles in 2018. Unit 1 is a four level 2 bedroom unit with access to a small fenced in backyard shared with unit 4. Unit 2 is a 2 level unit with 1 bedroom and AC at the front of the building, Unit 3 is a 1 bedroom unit off the common hallway. Unit 4 also has access to the small rear fenced in area, is a 2 level unit and the 2 bedrooms have 22 ft ceilings making this a very unique unit. Gross income $84,720 with Expenses including heat, house meter, insurance, water/sewer, maintenance, management and vacancy $27,861, leaving a Net income of $56,859 before mortgage. Ask your Realtor for supporting documentation. All photos are pre tenant move ins. Bonus: No Rent control on any of the units and all rents are plus hydro. More detailsListed by REALTY EXECUTIVES Local Group Inc. Brokerage- DARYL KING
- RE/MAX HALLMARK REALTY LIMITED
- 1 (905) 9075464
- homes@darylking.com
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60 Cobourg Street in Lower Town - Sandy Hill: 4002 - Lower Town Commercial for sale : MLS®# X13044652
60 Cobourg Street 4002 - Lower Town Lower Town - Sandy Hill K1N 8G8 $6,799,000 /For SaleCommercial- Status:
- Active
- MLS® Num:
- X13044652
- Major Bus.:
- Apts - Over 20 Units
- Total Area:
- 19,450 sq. ft.1,807 m2
Welcome to an exceptional investment opportunity in one of downtown's most sought-after rental neighbourhoods, Lower Town. This impeccably maintained 26-unit building offers bright, spacious apartments, a strong and established tenant-base with consistent occupancy, strategic building upgrades, and valuable R5 H(18) F(2.0) zoning. Located prominently at the corner of Clarence Street East and Cobourg Street, 60 Cobourg Street comprises 22 apartment units in the main building, along with four townhouse-style units featuring private entrances on Clarence Street East. All 26 units were comprehensively upgraded in 2011, featuring a cohesive design with hardwood flooring and matching kitchens equipped with dishwashers, with the roof, windows, electrical and domestic plumbing also fully replaced in 2011. The common hallways are designed to blend the building's original character with an elevated, upscale aesthetic. Updated hallways feature fresh paint, LED lighting, and tasteful artwork, creating a warm and welcoming atmosphere for residents. The property is ideally situated just steps from the many amenities of Rideau Street, a short walk to the University of Ottawa campus, and directly serviced by public transit at the front door. MacDonald Gardens Park is located directly across the street, an ideal green space for tenants, further enhancing the appeal of the location.Thanks to its prime setting and meticulous upkeep, the property has historically re-rented easily and efficiently to qualified applicants, primarily young professionals; resulting in a consistently fully-tenanted rent roll. The unit-mix includes two bachelor units, seven one-bedroom units, six one-bedroom plus den units, ten two-bedroom units, and one three-bedroom unit. Additional features include three newer card-operated stackable laundry machines, providing tenants with the convenience of on-site laundry while generating reliable income for the owner. Attractive upside potential on current rent roll. More detailsListed by CAPITAL COMMERCIAL INVESTMENT CORP.- DARYL KING
- RE/MAX HALLMARK REALTY LIMITED
- 1 (905) 9075464
- homes@darylking.com
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38 Hess Street S in Hamilton: Central Commercial for sale : MLS®# X13044404
38 Hess Street S Central Hamilton L8P 3N1 $1,699,900 /For SaleCommercial- Status:
- Active
- MLS® Num:
- X13044404
- Major Bus.:
- Apts - 2 To 5 Units
- Total Area:
- 3,001 sq. ft.279 m2
3 storey multi-use building in the heart of Hess Village. 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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300 Athol Street in Whitby: Downtown Whitby Commercial for sale : MLS®# E13041390
300 Athol Street Downtown Whitby Whitby L1N 3Z4 $2,100,000 /For SaleCommercial- Status:
- Active
- MLS® Num:
- E13041390
- 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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648-654 Francis Road in Burlington: LaSalle Commercial for sale : MLS®# W13039568
648-654 Francis Road LaSalle Burlington L7T 3X7 $1,989,000 /For SaleCommercial- Status:
- Active
- MLS® Num:
- W13039568
- Major Bus.:
- Apts - 2 To 5 Units
- Total Area:
- 4,280 sq. ft.398 m2
An Incredible opportunity to own an exceptionally well-maintained four (4)-plex townhouse property backing onto a scenic bike and walking trail in the desirable Aldershot North Shore Rd neighbourhood. Proudly owned by the same owner for over 30 years, this quadplex features four identical units, each offering 3 bedrooms, 1.5 bathrooms, a private yard, full basement, and spacious kitchen, dining, and living areas. Fully tenanted on a month-to-month basis, the property has been meticulously cared for and updated over the years, including newer roof, windows, furnaces, central air conditioners, and updated kitchens and bathrooms. Parking for up to 8 vehicles is available at the rear of the building. Please note that not all units may be available for showings-refer to virtual tour, photos, and floor plans where possible. Tenants pay their own gas and hydro with separate meters. Excellent tenants in place who pay on time. Prime location with easy access to major routes (QEW/403/407 and GO Station), and within walking distance to downtown Burlington, the lakefront, beach, hospital, and surrounded by peaceful greenspace. More detailsListed by RE/MAX REAL ESTATE CENTRE INC.- DARYL KING
- RE/MAX HALLMARK REALTY LIMITED
- 1 (905) 9075464
- homes@darylking.com
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3244 County 41 Road in Greater Napanee: 58 - Greater Napanee Commercial for sale : MLS®# X13042640
3244 County 41 Road 58 - Greater Napanee Greater Napanee K0K 2W0 $598,000 /For SaleCommercial- Status:
- Active
- MLS® Num:
- X13042640
- Major Bus.:
- Apts - 2 To 5 Units
- Total Area:
- 15,463.8 sq. ft.1,437 m2
Fully tenanted 5-unit legal non-conforming apartment building generating a strong gross income of $91,380/year with a 10.685% cap rate. Separately metered for hydro with electric baseboard heating and heat pumps as heating sources. Recent upgrades include a newer well producing over 5 PLUS GPM (no trickle system required) and a 10,000-gallon holding tank with approx. $3,550/year in pump-out costs. Select units have seen cosmetic improvements, ensuring tenant satisfaction and reduced maintenance. Located just 10 minutes north of Hwy 401 in the quiet village of Roblin, this low-maintenance rural property offers excellent access to urban centres and is just 2 hours from Toronto or Ottawa. A solid opportunity for investors seeking stable cash flow. Detailed expense sheet available upon request. More detailsListed by RE/MAX HALLMARK FIRST GROUP REALTY LTD. , BROKERAGE- DARYL KING
- RE/MAX HALLMARK REALTY LIMITED
- 1 (905) 9075464
- homes@darylking.com
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1703 & 1705 Bathurst Street in Toronto: Forest Hill South Commercial for sale (Toronto C03) : MLS®# C13036474
1703 & 1705 Bathurst Street Forest Hill South Toronto M5P 3K2 $6,500,000 /For SaleCommercial- Status:
- Active
- MLS® Num:
- C13036474
- Major Bus.:
- Apts - 13 To 20 Units
- Total Area:
- 7,666.56 sq. ft.712 m2
Colliers is pleased to present an exclusive opportunity to acquire 1703 & 1705 Bathurst Street, a two building multifamily investment ideally situated along one of Toronto's most established residential corridors. This offering represents a rare change to secure a well-maintained, income producing asset within a highly sought-after rental market, supported by strong fundamentals and enduring tenant demand as well as compelling long-term value. The Property is comprised of two well-maintained multifamily buildings totaling 18 residential suites, offering a desirable mix of spacious one and two-bedroom layouts. 1703 Bathurst Street consists of 8 residential units, including four one-bedroom suites averaging approximately 650 square feet and four two-bedroom suites averaging approximately 950 square feet. 1705 Bathurst Street comprises 10 residential units, featuring eight one-bedroom suites averaging approximately 800 square feet and two two-bedroom suites averaging approximately 1,050 square feet. More detailsListed by COLLIERS- DARYL KING
- RE/MAX HALLMARK REALTY LIMITED
- 1 (905) 9075464
- homes@darylking.com
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276* Crawford Street in Toronto: Trinity-Bellwoods Commercial for sale (Toronto C01) : MLS®# C13036760
276* Crawford Street Trinity-Bellwoods Toronto M6J 2V8 $4,300,000 /For SaleCommercial- Status:
- Active
- MLS® Num:
- C13036760
- Major Bus.:
- Apts - 6 To 12 Units
- Total Area:
- 7,700 sq. ft.715 m2
* 276 and 278 Crawford St. Rarely does a downtown investment of this calibre come to market. Introducing 276-278 Crawford St - two side-by-side freehold multiplexes on an extraordinary combined 50-foot frontage on one of Toronto's most storied streets, in the heart of Trinity Bellwoods. Being sold together, these income-producing assets comprise 11 separate residential units, 2 laneway-fronting garages, and a 5-car garage plus 3 private driveway parking spaces - a compelling blend of scale, stability, and long-term upside in a location where demand rarely lets up. This is the kind of asset sophisticated investors wait for: best-in-class residential income in one of the city's most coveted neighbourhoods, steps from Trinity Bellwoods Park, Ossington's celebrated retail corridor, and the restaurants and energy of Little Italy. A proven address, top-tier tenancy appeal, and irreplaceable urban positioning make this a rare opportunity to secure a meaningful foothold in prime downtown Toronto. In a market where true trophy multiplexes are few and far between, Crawford doesn't just check boxes - it sets the bar. More detailsListed by SAGE REAL ESTATE LIMITED- DARYL KING
- RE/MAX HALLMARK REALTY LIMITED
- 1 (905) 9075464
- homes@darylking.com
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745 & 749 HAMILTON Road in London East: East M Commercial for sale : MLS®# X13036168
745 & 749 HAMILTON Road East M London East N5Z 1T8 $1,299,000 /For SaleCommercial- Status:
- Active
- MLS® Num:
- X13036168
- Major Bus.:
- Apts - 6 To 12 Units
- Total Area:
- 2,800 sq. ft.260 m2
Exceptional 12-unit investment opportunity in the heart of London, offering strong in-place income and scale across two properties at 745 & 749 Hamilton Road. Currently generating $176,700 in annual gross income with a solid NOI of $152,242, this asset delivers an impressive ~11.7% cap rate at the list price. The property features a diverse unit mix including 1-bedroom units, bachelor units, a triplex component, plus additional income streams from a rear commercial/shop space, parking, and storage. Several units have tenant-paid utilities, improving operational efficiency and reducing landlord exposure. Strategically located along a high-traffic corridor with excellent transit access, this property benefits from consistent tenant demand and long-term rental stability. A rare opportunity for investors seeking strong cash flow with upside potential through rent optimization and further expense control. More detailsListed by CENTURY 21 FIRST CANADIAN CORP- 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.
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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.