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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  • 6 Bay View Court in West Nipissing: Sturgeon Falls Commercial for sale : MLS®# X12543974

    6 Bay View Court Sturgeon Falls West Nipissing P0H 2M0
    Main Photo: 6 Bay View Court in West Nipissing: Sturgeon Falls Commercial for sale : MLS®# X12543974
    $3,600,000 /For Sale
    Commercial
    Status:
    Active
    MLS® Num:
    X12543974
    Major Bus.:
    Apts - 6 To 12 Units
    Total Area:
    2.3 acre(s)
    Seller is willing to provide a second mortgage (VTB) of up to $700,000 at an annual interest rate of 2% to help with the down payment. Additionally, buyer financing of up to $2,700,000 may be available from third-party lenders, subject to the lender's credit approval and usual lending conditions. This creates an exceptional and rare investment opportunity to acquire a property that has 10 detached homes with waterfront land. The current homes are generating substantial revenue, so you can keep this property for long-term growth while exploring the redevelopment potential for a 45+ suite hotel! The property includes five separate lots (five PINs: PIN 490790239, PIN 490790992, PIN 490790228, PIN 490790240, PIN 490790992), currently featuring ten detached homes, one large and one smaller workshop, and approximately 350 feet of water frontage on Minnehaha Bay, part of Lake Nipissing, in Sturgeon Falls (approximately 3 hours north of the GTA). The site is within walking distance of downtown Sturgeon Falls and located approximately 20 minutes west of North Bay, 1 hour south of Sudbury, and roughly 3 hours north of the GTA. This unique location is fully serviced by all municipal utilities, already zoned to build a hotel, and has a clean Phase 1 report, making it an excellent candidate as a hotel site for future development. Initial concept drawings are available on request. More details
    Listed by RIGHT AT HOME REALTY
    DARYL  KING
  • 175 MARGARET Avenue in Hamilton: Stoney Creek Commercial for sale : MLS®# X12543736

    175 MARGARET Avenue Stoney Creek Hamilton L8E 2H6
    Main Photo: 175 MARGARET Avenue in Hamilton: Stoney Creek Commercial for sale : MLS®# X12543736
    $1,699,000 /For Sale
    Commercial
    Status:
    Active
    MLS® Num:
    X12543736
    Major Bus.:
    Apts - 2 To 5 Units
    Total Area:
    3,130 sq. ft.
    BEAUTIFUL BRAND-NEW CUSTOM BUILT 3130sf LUXURY HOME Offering A Total of 5 Beds, 5 Baths in Sought After Area in Stoney Creek ++ BONUS RARE & Great Value/Option of a LEGAL DUPLEX!! Home Built to Easily Incorporate/Change to Traditional Single Family Home/Layout if Desired or Utilize as Legal Duplex with Separate Utility Services, Garages & Complete Separate Entrances for Every Level Making it Ideal as Investment, Mult Family Living or Vacation/Guest/Rental Income ++ Provides Various Options for Homeowners or Investors. BASEMENT also roughed in for additional Living Space/Unit if Desired + Large Egress Windows. Greeted by Stunning Modern Elevation on 50ft Front Lot, Concrete Walkways & Landscaped Walk into an Open Concept Design, Trending Finishes T/O & Bright Large Spaces. MAIN FLOOR: Feats 2 Beds, 2 Baths, Large Open Concept Kitchen w/ Living/Dining Area, Laundry Room w/ Access to Own Garage & Primary Bed Feats Ensuite & W/I Closet. Remove wall from Mud Room Entry to Open Access to 2nd Floor if Desired. SECOND FLOOR: Feats 3 Beds, 3 Baths 2 w/ own Ensuites & W/I Closet + Same Large Open Concept Kitchen w/ Living/Dining Area, Laundry Room & Access to Own Garage & Separate Entrance. A Great Design Finished with Modern Touches w/ Pot Lights, Quartz Counter Tops & Backsplashes, Premium Vinyl Flooring T/O, SS Appliances in Each Unit, Glass Showers, Large Windows & Modern Millwork, Plumbing & Electrical Fixtures & Much More. Prime Location w/ Other Neighbouring Custom-Built Homes in Area, Walk to Parks, Great Schools, Various Shops & Services, Public Transportation, New Stoney Creek GO Station, QEW/407/403 & Major Hwys, Shopping Centres/Malls, Hospitals, Downtown Stoney Creek, 20 Minutes to Downtown Burlington & Burlington GO, Quick Access to Niagara Region, Surrounding Hamilton Area & More. A Must See! More details
    Listed by SAM MCDADI REAL ESTATE INC.
    DARYL  KING
  • 186 James Street in Ottawa Centre: 4103 - Ottawa Centre Commercial for sale : MLS®# X12542896

    186 James Street 4103 - Ottawa Centre Ottawa Centre K1R 5M7
    Main Photo: 186 James Street in Ottawa Centre: 4103 - Ottawa Centre Commercial for sale : MLS®# X12542896
    $3,195,000 /For Sale
    Commercial
    Status:
    Active
    MLS® Num:
    X12542896
    Major Bus.:
    Apts - 6 To 12 Units
    Total Area:
    10,000 sq. ft.
    Discover a beautifully restored 11-unit multi-family building ideally situated in the heart of Ottawa. This fully modernized property presents a turn-key investment with strong tenant appeal and minimal ongoing capital requirements. Each suite showcases thoughtful design and durable finishes, blending heritage charm with modern functionality - a rare balance that ensures lasting desirability and consistent rental demand. In 2015, the building underwent significant upgrades, including a new boiler, a replaced roof, and the addition of air conditioning and a common laundry room. Two on-site parking spaces further enhance its appeal in this central urban setting. Positioned within walking distance of grocery stores, restaurants, nightlife, Chinatown, and the Elgin Street corridor - and minutes from Highway 417 - this property benefits from exceptional accessibility and strong location fundamentals. With its combination of historic character, quality upgrades, and steady income potential, 186 James Street represents a secure, long-term addition to any investor's multi-residential portfolio. More details
    Listed by DISTRICT REALTY CORPORATION
    DARYL  KING
  • 274 Wellington Street in Kingston: 22 - East of Sir John A. Blvd Commercial for sale : MLS®# X12542496

    274 Wellington Street 22 - East of Sir John A. Blvd Kingston K7K 2Z1
    Main Photo: 274 Wellington Street in Kingston: 22 - East of Sir John A. Blvd Commercial for sale : MLS®# X12542496
    $495,000 /For Sale
    Commercial
    Status:
    Active
    MLS® Num:
    X12542496
    Major Bus.:
    Apts - 2 To 5 Units
    Total Area:
    974 sq. ft.
    Centrally located in Kingston's historic downtown core, 274 Wellington Street presents a flexible investment opportunity with two residential tenancies in place. The property offers approximately 973.95 sq. ft. of above-grade space, configured as two self-contained residential unitseach with a functional layout and private entrance. Unit 1 (second floor) is a studio style layout and features a full kitchen, 3-piece bath, and spacious living/bedroom area, while Unit 2 (main floor) includes one bedroom, two x 2-piece baths, living area, and mudroom. Zoned as DT2 (Downtown Commercial) this property permits both residential and commercial uses, and is suited for a variety of applications, including professional services, live-work setups, or rental income. Steps from Market Square, City Hall, and waterfront amenities, this is a strategic asset in one of Kingstons most vibrant neighborhoods. Ground floor unit will be vacant as of May 30, 2025. More details
    Listed by ROYAL LEPAGE PROALLIANCE REALTY, BROKERAGE
    DARYL  KING
  • 4424 Simcoe Street in Niagara Falls: 210 - Downtown Commercial for sale : MLS®# X12542316

    4424 Simcoe Street 210 - Downtown Niagara Falls L2E 1T8
    Main Photo: 4424 Simcoe Street in Niagara Falls: 210 - Downtown Commercial for sale : MLS®# X12542316
    $1,948,888 /For Sale
    Commercial
    Status:
    Active
    MLS® Num:
    X12542316
    Major Bus.:
    Apts - 6 To 12 Units
    Total Area:
    18,730.8 sq. ft.
    This excellent 9-unit building located in Niagara Falls offers a fantastic investment opportunity. Most of the two-bedroom units have been recently renovated, providing modern and inviting living spaces that appeal to tenants and short-term visitors alike or long term. The property is situated close to the vibrant Niagara Strip and renowned casinos, placing it near all major attractions, entertainment options, and amenities in the area. With 15 parking spaces, it caters well to tenants and guests, enhancing the overall appeal. This building is an ideal choice for investors seeking a high-yield rental property in a bustling tourist hub with strong rental demand. The well-maintained structure with its strategic location makes it a valuable addition to any real estate portfolio, offering lucrative potential in one of the most visited cities in the country. More details
    Listed by RE/MAX REALTY SPECIALISTS INC.
    DARYL  KING
  • 103 Courtland Avenue E in Waterloo: Commercial for sale : MLS®# X12542648

    103 Courtland Avenue E Waterloo N2G 2T9
    Main Photo: 103 Courtland Avenue E in Waterloo: Commercial for sale : MLS®# X12542648
    $2,250,000 /For Sale
    Commercial
    Status:
    Active
    MLS® Num:
    X12542648
    Major Bus.:
    Apts - 6 To 12 Units
    Total Area:
    7,100.28 sq. ft.
    Discover this fully leased 10-unit multi-family building at 103 Courtland Avenue East, Kitchener - a purpose-built rental constructed in 2009 and designed for hassle-free ownership and easily rentable given the mix of unit type and nestled just 300 meters from vibrant downtown amenities, including shops, restaurants, and entertainment, this property offers unparalleled convenience for tenants, ensuring low vacancy rates and steady demand. Investors will appreciate the desirable ROI with the build efficiency and that each unit is independently metered for water, hydro and gas. Additionally, individual air conditioning and heating systems are providing year-round comfort. Connect for a proforma breakdown. More details
    Listed by COLDWELL BANKER PETER BENNINGER REALTY
    DARYL  KING
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    please create a free account

  • 179 Devonshire Avenue in London South: South G Commercial for sale : MLS®# X12534384

    179 Devonshire Avenue South G London South N6C 2H9
    Main Photo: 179 Devonshire Avenue in London South: South G Commercial for sale : MLS®# X12534384
    $1,125,000 /For Sale
    Commercial
    Status:
    Active
    MLS® Num:
    X12534384
    Major Bus.:
    Apts - 2 To 5 Units
    Total Area:
    7,524.64 sq. ft.
    Location, location, location! Prime real estate opportunity, located on one of the most desirable streets in Wortley Village! Welcome to 179 Devonshire Avenue, exquisite character, all-brick, purpose built five plex. For the first time on the market in almost 40 years, this beautiful century building exudes heritage and charm while running seamlessly like a well oiled machine. All five units are equipped with AAA tenants - one being your property manager - an eat-in kitchen, cozy living room, spacious primary bedroom and a 4-piece bathroom. With three units being 2-bedroom suites, this building was designed to offer variety for single families and multi-families alike. Oh, and we can't forget to mention the 4 assigned covered parking spots with an extra spot for the last unit located directly behind the building for privacy and security. On the lower level you'll find a coin operated communal washer and dryer, two hot water tanks that are owned, original boiler system that runs well and clean (2pts/million carbon rating), and 5 storage lockers (one for each unit). Two of the most exquisite units can be found on the 2nd floor, both are beautiful loft apartments with ensuites and walk-in closets. These must be seen in person to be fully appreciated! Close to an abundance of shopping centres, restaurants, public and catholic schools, and parks, this property is perfect for someone looking to be located centrally, but live in a peaceful, quiet area. Here, you can benefit from all the amenities and conveniences of Wortley Village while still enjoying a sense of tranquility in your own home. The landlord has thoroughly enjoyed taking care of this hidden gem and it surely won't last long, so what are you waiting for? Don't delay, book your showing today! Contact LA directly for financials. More details
    Listed by KELLER WILLIAMS LIFESTYLES
    DARYL  KING
  • 3865 FRONT Street in Niagara Falls: 223 - Chippawa Commercial for sale : MLS®# X12532470

    3865 FRONT Street 223 - Chippawa Niagara Falls L2G 8G3
    Main Photo: 3865 FRONT Street in Niagara Falls: 223 - Chippawa Commercial for sale : MLS®# X12532470
    $1,779,000 /For Sale
    Commercial
    Status:
    Active
    MLS® Num:
    X12532470
    Major Bus.:
    Apts - 6 To 12 Units
    Total Area:
    7,664 sq. ft.
    Rare investment opportunity situated directly across from the Chippawa Creek, this 9-unit building boasts incredible waterfront proximity withadded potential to lease the land across the street for a dock or other value-enhancing features. With Tourist Commercial (TC) zoning, the property supports a wide range of uses including long-term rentals, short-term Airbnb stays, or a hybrid model, making it ideal for savvy investors.The building includes seven 1-bedroom units with scenic water views, two 2-bedroom units at the rear, all sharing a common laundry and storage area. Seven units and common areas have already been demo'd, cleaned with updated emergency lighting, a new backflow prevention valve, and front cleanouts installed. A two-year-old roof adds peace of mind. Remaining workincludes general interior finishes and final touches, with the building nearing the final stages of revitalization. Whether you're looking to reposition the property as a premium rental offering or capitalize on the area's strong short-term rental demand, this location offers exceptional flexibility, waterfront charm, and long-term upside. More details
    Listed by REVEL Realty Inc., Brokerage
    DARYL  KING
  • 1-16 305 Briarhill Avenue in London East: East A Commercial for sale : MLS®# X12531776

    1-16 305 Briarhill Avenue East A London East N5Y 4V7
    Main Photo: 1-16 305 Briarhill Avenue in London East: East A Commercial for sale : MLS®# X12531776
    $4,600,000 /For Sale
    Commercial
    Status:
    Active
    MLS® Num:
    X12531776
    Major Bus.:
    Apts - 13 To 20 Units
    Total Area:
    28,080 sq. ft.
    16 Condo-Titled Townhouse units available for Sale in 3 two storey buildings. Each unit is comprised of three bedrooms and includes a 2-piece washroom on the main floor and a 3-piece washroom on the second floor. The basements are partially finished with a living room and stoage/mechanical area. The units have long term tenants and are fully leased. 6 of the units include a carport, with the remaining 10 units having reserved tenant parking. Visitor parking is available on the property. Two buildings include 5 units each, with the third building having 6 units. Building size of 28,080 sq. ft. includes unfinished basement space. The buildings are situated in an existing residential complex of townhomes, built in the same style as the subject property. The property's located is at a dead-end section of the neighbourhood, providing for a quiet street for Tenants. The property is located in Northeast London in a residential area with access to required residential amenities within reasonable drive-times. Tenant mix is mostly families and older working professionals. The property provides the unique opportunity to acquire a fully leased, cash-flowing townhouse complex in the growing Southwestern Ontario market. Please note that the address per Geowarehouse shows Condo Units from Unit 1 through 16, the municipal address and within the complex, the units are known as Units 28-43. More details
    Listed by CBRE LIMITED
    DARYL  KING
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    please create a free account

  • 1123 Queenston Road in Cambridge: Commercial for sale : MLS®# X12533660

    1123 Queenston Road Cambridge N3H 3L1
    Main Photo: 1123 Queenston Road in Cambridge: Commercial for sale : MLS®# X12533660
    $4,950,000 /For Sale
    Commercial
    Status:
    Active
    MLS® Num:
    X12533660
    Major Bus.:
    Apts - 13 To 20 Units
    Total Area:
    19,602 sq. ft.
    *****Exceptional 20-Unit Apartment Building in Prime Preston Location *****Assumable low cost Financing & Strong Upside **** Take advantage of a rare low-cost, assumable mortgage of $2,759,890 at a 4.00% interest rate with a 10-year term and 40-year amortization. This financing structure provides optimized cash flow and reduced financing costs, enhancing returns from day one. This well-maintained 20-unit apartment building offers an unbeatable investment opportunity; Featuring a desirable unit mix of 16 one-bedroom and 4 two-bedroom apartments, the property boasts bright and spacious suites. The building is set up for easy management with an abundance of on-site surface parking-more than enough for every unit-and strong curb appeal. Investors will appreciate the immediate upside potential: several units are currently vacant and ready to be leased at market rents, providing a clear and achievable path to increasing net operating income and significant lift in value. With strong rental demand in the area and limited multi-family supply, this property is ideally positioned for cash flow and long-term appreciation. Centrally located in the heart of Preston, residents enjoy walking access to local amenities including restaurants, retail shops, transit ( 100 feet from the property) , and city parks. Whether you're a seasoned investor looking to expand your portfolio or a strategic buyer seeking stable multifamily income with natural upside in value , this property delivers on all fronts. Don't miss your chance to acquire a rare, scalable asset in a proven rental location. More details
    Listed by KELLER WILLIAMS INNOVATION REALTY
    DARYL  KING
  • 117 Bellhaven Road in Toronto: Woodbine Corridor Commercial for sale (Toronto E02) : MLS®# E12529352

    117 Bellhaven Road Woodbine Corridor Toronto M4L 3J9
    Main Photo: 117 Bellhaven Road in Toronto: Woodbine Corridor Commercial for sale (Toronto E02)  : MLS®# E12529352
    $1,799,000 /For Sale
    Commercial
    Status:
    Active
    MLS® Num:
    E12529352
    Major Bus.:
    Apts - 2 To 5 Units
    Total Area:
    2,852 sq. ft.
    Generating a strong 6.0+% cap rate, this solid well-cared-for triplex is ideal for investors or owner-occupiers seeking turn-key income with a comfortable lifestyle. This is a rare opportunity to set market rents - the main floor unit (currently owner-occupied) can be rented or lived in; the 2nd floor unit has reliable high-quality tenants paying market rent plus all utilities; the 3rd floor unit is currently vacant. Potential exists for a 4th unit in the basement (separate entrance) to further increase income. The home has a distinct character with decorative beams, wainscotting, feature walls, greenery, fruit trees, and berry bushes. The main floor is a 3-bedroom unit with a stunning private backyard. The 2nd floor unit is a 2-bedroom with an extra-large light-filled kitchen and front garden sitting area. Unit 3 is a 2-bedroom two-level unit with an extra-large private terrace that feels like a treehouse in Muskoka. The basement has a separate entrance, large room, and an extra-large bathroom - potential bachelor unit. The large detached garage/studio offers conversion potential for rental, workshop, or creative space. All units have en-suite laundry and dishwashers, with a shared storage shed. Prime location in Toronto's Upper Beaches area, with excellent transit, strong rental demand, and a welcoming community feel. Easy direct streetcar access to downtown for work and fun, yet far enough to enjoy tranquility among mature trees. Woodbine and Coxwell subway stations are within walking distance. Queen Street, Woodbine Beach, and the boardwalk are nearby. Walk to grocery stores, parks, gyms, cafes, banks, dog park, restaurants, and schools. Financials and capital expenditures info available upon request. A rare and exceptional income property. More details
    Listed by SUTTON GROUP-ADMIRAL REALTY INC.
    DARYL  KING
  • 443 Timothy Street in Newmarket: Central Newmarket Commercial for sale : MLS®# N12527048

    443 Timothy Street Central Newmarket Newmarket L3Y 1P7
    Main Photo: 443 Timothy Street in Newmarket: Central Newmarket Commercial for sale : MLS®# N12527048
    $2,950,000 /For Sale
    Commercial
    Status:
    Active
    MLS® Num:
    N12527048
    Major Bus.:
    Apts - 6 To 12 Units
    Total Area:
    10,085.77 sq. ft.
    Rare offering for investors, for those looking to retire with an income, and for families. This 7 year old extremely well maintained new build multi-residential property sits on one of Newmarket's Prime Locations, Mature Trees & Quiet Streets. This Large Property has generous parking for 15 cars, a designated BBQ area with picnic table under decades old shade trees to enjoy the seasons. The building has 2 units per floor while the basement is fully finished with a central laundry room plus 2 residential units boasting large above ground windows. All units have front & rear door entry. The fire inspections are up to date. Three of the units have stair chair lift ability on the units rear access. Each unit has its own furnace & central air conditioning unit with individual thermostat controls, its own 40 gallon gas fired hot water tank, individual hydro & gas meters etc. Full Sprinklers in each unit & a fire extinguisher on each floor. Security System & Cameras on Site. Access to the units is remote & visual. The Location is Prime. Minutes to walk to Designated Historic Downtown Newmarket, Fairy Lake Park, Year Round Cultural & Community Events & Concerts & a Seasonal Farmer's Market. Minutes to walk to enjoy the many Restaurants, Patios & Pubs, Shops and so much more... Steps to Public Transit. Immediate Accessibility to Go Train, Schools, Public Library, Professionals, Southlake Regional Health Centre etc. Ideal for 'Downsizers' not wanting a Retirement Home room but a unit in their building with income. Great Opportunity for Immigrants moving to Canada with additional family members...each have their own unit + income from additional units. Must be seen...**EXTRAS** 6 fridges, 6 stoves, 6 B/I dishwashers, 6 air conditioners, 6x40 gallon gas water heaters, 6 forced air gas furnaces. More details
    Listed by ROYAL LEPAGE YOUR COMMUNITY REALTY
    DARYL  KING
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Data was last updated November 15, 2025 at 01:15 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.

Explore More GTA Homes:

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.