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.

Forgot password Extend Verify Contact

102-B Queen Street
Bowmanville Clarington L1C 1M6

$699,000 /For Sale
Commercial

Main Photo: 102-B Queen Street in Clarington: Bowmanville Commercial for sale : MLS®# E13033492
Photo 1: 102-B Queen Street in Clarington: Bowmanville Commercial for sale : MLS®# E13033492
Photo 2: 102-B Queen Street in Clarington: Bowmanville Commercial for sale : MLS®# E13033492
Photo 3: 102-B Queen Street in Clarington: Bowmanville Commercial for sale : MLS®# E13033492
Photo 4: 102-B Queen Street in Clarington: Bowmanville Commercial for sale : MLS®# E13033492
Photo 5: 102-B Queen Street in Clarington: Bowmanville Commercial for sale : MLS®# E13033492
Status:
Active
Prop. Type:
Commercial
MLS® Num:
E13033492
Bus Major:
Apts - 2 To 5 Units
Calling all Investors & First Time Buyers! Great Renovation Project! Rarely offered Income Property in the heart of Downtown Historical Bowmanville. Location is within walking distance to all Bowmanville Historical Downtown amenities, schools, library, banks and restaurants. Steps to transit and 3 minutes to Hwy 401. Paved parking for 4+ vehicles and huge grassed backyard with shade tree. Currently tenanted generating total monthly rents of $3,497 with annual Net Operating Income of $23K. Furnace replaced in Fall/2020. Excellent property to add to your existing portfolio or golden opportunity to get started in the property management/income property business. Deep 172 feet lot with 66 feet frontage offers long term hold potential in the Bowmanville Historical Downtown Core. Ideal for the Investor looking for a project in area of high demand for rental units, or for the First Time Buyer looking for rental income to supplement mortgage payments. Forty (40) minute drive to Yonge Street & Hwy 401. Buyer to complete own due diligence. Property being sold in "As-Is Condition". Seller makes no representations or warranties. Flexible closing available. Ideal for renovation or investment in well established high density Bowmanville core.
Property Type:
Commercial
Property Sub Type:
Investment
Freestanding:
Yes
Approx. Age:
100+
Total Area:
3300 sq. ft. Square Feet
Total Area:
3,300 sq. ft.
Lot Depth:
172'
Lot Frontage:
66'
Water supply:
Municipal
Zoning:
R1-12 (see attachments for permitted uses)
Heating type:
Gas Forced Air Closed
Survey Available:
No
Garage:
None
Parking Spaces:
4
Possession Details:
flexible
HST Applicable To Sale Price:
In Addition To
Type Taxes:
Annual
Taxes:
$5,787.68 / 2025
Assessment:
$- / -
Durham
Clarington
Bowmanville
Public Transit
electric hot water tank
1 portable window air conditioning unit.
Utilities:
Yes
Energy Certification:
No
Green Property Information Statement:
No
Sewers:
Sanitary+Storm
Air Conditioning:
No
Seller Property Info Statement:
No
Major Business Type:
Apts - 2 To 5 Units
Category:
Apartment
Date Listed:
Apr 23, 2026
Original Price:
Previous Price:
  • Photo 1: 102-B Queen Street in Clarington: Bowmanville Commercial for sale : MLS®# E13033492
    Photo 1 of 5
  • Photo 2: 102-B Queen Street in Clarington: Bowmanville Commercial for sale : MLS®# E13033492
    Photo 2 of 5
  • Photo 3: 102-B Queen Street in Clarington: Bowmanville Commercial for sale : MLS®# E13033492
    Photo 3 of 5
  • Photo 4: 102-B Queen Street in Clarington: Bowmanville Commercial for sale : MLS®# E13033492
    Photo 4 of 5
  • Photo 5: 102-B Queen Street in Clarington: Bowmanville Commercial for sale : MLS®# E13033492
    Photo 5 of 5
Listed by ROYAL SERVICE REAL ESTATE INC.
Data was last updated April 23, 2026 at 02:15 PM (UTC)
DARYL  KING
powered by myRealPage.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.

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.