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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1 Blue Goose Street in Toronto: Mimico Commercial for sale (Toronto W06) : MLS®# W13052628
1 Blue Goose Street Toronto M8V 2R5 
$9,699,000 /For SaleCommercial- Status:
- Active
- MLS® Num:
- W13052628
- Major Bus.:
- Apts - 13 To 20 Units
- Total Area:
- 24,143 sq. ft.
Property being sold on an "as-is, where-is" basis under power of sale provisions. Unique opportunity to acquire a substantially renovated 4-storey building with ground floor/basement commercial space and 18 apartment units on upper floors. The approximately 25,000 square foot site also has zoning approvals and servicing in place for the development 12 townhouse units on the rear of the lot. Preliminary steps have been taken to explore up-zoning the development to a mid-rise development. The property is located directly across the street from the Mimico GO Station and is a short walk to shops and restaurants on Royal York. Please contact Listing Agents for more information. More detailsListed by AVISON YOUNG COMMERCIAL REAL ESTATE SERVICES, LP- DARYL KING
- RE/MAX HALLMARK REALTY LIMITED
- 1 (905) 9075464
- homes@darylking.com
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3874 Champlain Road in Clarence-Rockland: 607 - Clarence/Rockland Twp Commercial for sale : MLS®# X13050710
3874 Champlain Road Clarence-Rockland K0A 1E0
$819,000 /For SaleCommercial- Status:
- Active
- MLS® Num:
- X13050710
- Major Bus.:
- Apts - 6 To 12 Units
- Total Area:
- 5,232 sq. ft.
Welcome to 3874 Champlain Street. 6.8% CAP! This well-maintained 7-UNIT multi-residential property on 0.648 acres of land offers a strong investment opportunity with stable income and long-term potential and is offered at only $117,000/unit. The building consists of six (6) 2-bedroom units and one (1) 3-bedroom unit, all currently tenanted. Extensive updates have been completed, including a new roof (2023) and siding, updated plumbing and electrical systems, upgraded septic system (2012), and the installation of a new boiler along with tankless hot water systems. The property features a large timber frame foundation and operates on a single hydro meter. Six (6) storage lockers are included for tenant use. This offering presents a solid income-generating asset and is well-suited for investors seeking a turnkey, fully leased multi-unit property. Opportunity exists to increase revenues and further enhance returns through rental optimization! More detailsListed by ROYAL LEPAGE INTEGRITY REALTY- DARYL KING
- RE/MAX HALLMARK REALTY LIMITED
- 1 (905) 9075464
- homes@darylking.com
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18 Cavell Avenue in Toronto: Mimico Commercial for sale (Toronto W06) : MLS®# W13051700
18 Cavell Avenue Toronto M8V 1P2
$5,650,000 /For SaleCommercial- Status:
- Active
- MLS® Num:
- W13051700
- Major Bus.:
- Apts - 6 To 12 Units
- Total Area:
- 5,457.3 sq. ft.
10 Units. Fully renovated. Stabilised Asset. CMHC Financing at 3.95% to 2034. Fully gutted & renovated (2020). All units include 6 stainless steel appliances, new kitchens, new baths, new floors & new windows. Fully rented. Gross $232K. Assumable $3.91M CMHC mortgage @ 3.95% to 2034! Photos are from previous listing. More detailsListed by HARVEY KALLES REAL ESTATE LTD.- DARYL KING
- RE/MAX HALLMARK REALTY LIMITED
- 1 (905) 9075464
- homes@darylking.com
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531 Dufferin Avenue in London East: East F Commercial for sale : MLS®# X13048908
531 Dufferin Avenue London East N6B 2A3
$1 /For SaleCommercial- Status:
- Active
- MLS® Num:
- X13048908
- Major Bus.:
- Apts - 13 To 20 Units
- Total Area:
- 12,240.36 sq. ft.
Seller prefers to sell 531 Dufferin Ave and 200 St. James together. 531 Dufferin Avenue, Units 1-17, a three-storey walk-up condominium apartment building compromised of one (1) bedroom apartments in the City of London (the "Property"). The building sits on an approximately 0.28 acre site (as per Geowarehouse). Each unit at 531 Dufferin Avenue has a standard layout, with quality finishes including aluminum frame windows with horizontal sliders, a combination of carpet and vinyl plank/tile, painted drywall/plaster and ceramic tile walls, and painted drywall/plaster ceilings. The three-piece washroom has standard cabinetry with laminate counter tops and ceramic tile backsplash. The main floor common area offers a convenient shared laundry room featuring two (2) top load washing machines and two (2) electric dryers for tenant use at a minimal cost. The Property has been well-maintained, with recent upgrades including a new roof in 2021, hallway retrofits, security cameras, a boiler replacement in 2016, and unit refreshes upon tenant turnover. The units have a number of long-term tenants and are considered to have below market rental rates. There is one point of ingress and egress, from the north side of the Property on Dufferin Avenue and 531 Dufferin Avenue benefits from approximately 17 surface parking spaces. The Property provides the unique opportunity to acquire a fully occupied cash-flowing condominium apartment building in the growing Southwestern Ontario market. More detailsListed by CBRE LIMITED- DARYL KING
- RE/MAX HALLMARK REALTY LIMITED
- 1 (905) 9075464
- homes@darylking.com
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Units 1-18 200 St. James Street in London East: East B Commercial for sale : MLS®# X13048962
Units 1-18 200 St. James Street London East N6A 1W8
$1 /For SaleCommercial- Status:
- Active
- MLS® Num:
- X13048962
- Major Bus.:
- Apts - 13 To 20 Units
- Total Area:
- 23,086.8 sq. ft.
Seller wants to sell 200 St. James Street, London, and 531 Dufferin Ave, London, (X13048908), together. Additional information is available upon request. The confidentiality agreement is required to be signed to obtain the financial information. Each unit at 200 St. James Street has a standard layout, with quality finishes, including a combination of three or four-piece washrooms, a combination of parquet, ceramic tile, terrazzo and vinyl tile flooring. Units feature a variety of finishes, ranging from classic designs with laminate countertops, standard cabinetry, double sinks and traditional appliances, to upgraded options showcasing stainless-steel appliances, modern cabinetry, and elegant quartz countertops. The basement common area offers convenient shared laundry facilities, featuring two washing machines and two dryers for tenant use. Additionally, two units within the property are equipped with private ensuite laundry for added convenience. The units have long term tenants and are considered to have below market rental rates. There is one point on ingress and egress, from the north side of St. James Street and has approximately 15 surface parking spaces. There are also 12 garages at the rear of the site and 1 common area room that houses the garbage and recycling for the Property. The property provides the unique opportunity to acquire a fully occupied cash-flowing condominium apartment building in the growing Southwestern Ontario market. More detailsListed by CBRE LIMITED- DARYL KING
- RE/MAX HALLMARK REALTY LIMITED
- 1 (905) 9075464
- homes@darylking.com
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822 Marlborough Street N in Cornwall: 717 - Cornwall Commercial for sale : MLS®# X13046294
822 Marlborough Street N 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.
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 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.
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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95 VICTORIA Street S in Woodstock: Woodstock - South Commercial for sale : MLS®# X13047922
95 VICTORIA Street S Woodstock N4S 3K2
$6,500,000 /For SaleCommercial- Status:
- Active
- MLS® Num:
- X13047922
- Major Bus.:
- Apts - Over 20 Units
- Total Area:
- 7,400 sq. ft.
BUYER CAN HAVE INPUT ON THIS TURNKEY OPERATION SO COME AND HAVE A LOOK AT THIS 7400 SQ/FTSTAND ALONE 2 STOREY RESTAURANT WITH ROOF TOP PATIO WHICH IS UNDERGOING EXTENSIVE RESTORATIONS. THIS SITE ALSO PERMITS FUTURE DEVELOPMENT. OVER ONE ACRE OF MIXED USE DEVELOPMENT SITE OFFERS COMMERCIAL ZONING WITH THE ABILITY TO BUILD 30 UNIT APARTMENT BUILDING WITH 6 STOREYS. ZONING IS IN PLACE FOR THIS PROPERTY WITH MAIN FLOOR COMMERCIAL RETAIL. THE BUYER CAN HAVE FIRST RIGHT OF REFUSAL ON THE PROPERTY NEXT DOOR WHICH IS ALSO FOR SALE AND HAS ZONING FOR ANOTHER 6 STOREY 30 UNITS APARTMENT BUILDING WITH COMMERCIAL ON MAIN FLOOR. More detailsListed by Royal Lepage Triland Realty Brokerage- 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 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.
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 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.
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 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.
An extraordinary and rarely available opportunity to acquire a prominent 2.5-storey, multi-unit asset in the heart of Hamilton's most coveted entertainment enclave-Hess Village. This distinguished mixed-use property comprises a ground-floor commercial space, three well-proportioned residential suites, and an expansive, unspoiled lower level with full potential for additional residential conversion, subject to approvals. The offering is further enhanced by dedicated rear parking-an increasingly valuable feature in this high-demand urban setting. The current income profile includes a commercial tenancy generating approximately $5,000 per month, complemented by residential suites consisting of a studio at $775 per month and two one-bedroom-plus-den units at $1,400 per month each. All tenancies are significantly below prevailing market rates, presenting a compelling opportunity for strategic rental repositioning and long-term income growth. The property can be delivered with vacant possession, affording complete flexibility for investors, end-users, or those seeking a refined live-work environment tailored to their vision. Ideally situated just steps from the newly revitalized TD Coliseum, the asset benefits from consistent and elevated foot traffic driven by concerts, sporting events, and premier live performances. Surrounding establishments thrive during event cycles, underscoring the enduring strength and desirability of this location. A truly versatile and upscale investment opportunity-offering immediate income, substantial upside, and the ability to reposition or curate a bespoke mixed-use asset within one of Hamilton's most dynamic and evolving districts. 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 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.
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
Data was last updated April 28, 2026 at 02:15 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.
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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.