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
Main Photo: 108 Main Street in Powassan: Trout Creek Commercial for sale : MLS®# X12555854
Photo 1: 108 Main Street in Powassan: Trout Creek Commercial for sale : MLS®# X12555854
Photo 2: 108 Main Street in Powassan: Trout Creek Commercial for sale : MLS®# X12555854
Photo 3: 108 Main Street in Powassan: Trout Creek Commercial for sale : MLS®# X12555854
Photo 4: 108 Main Street in Powassan: Trout Creek Commercial for sale : MLS®# X12555854
Photo 5: 108 Main Street in Powassan: Trout Creek Commercial for sale : MLS®# X12555854
Status:
Active
Prop. Type:
Commercial
MLS® Num:
X12555854
Bus Major:
Apts - 6 To 12 Units
A great opportunity to own two buildings with a total of six units on a large lot. One building has five apartments, and a separate building on the same lot has another apartment. Located in the quiet hamlet of Trout Creek, approximately two hours north of the GTA. This property offers excellent potential to increase revenue. The second-floor units have storage in the attic space in addition to generous living space. Seller is willing to provide a VTB (second mortgage) of up to $250,000 at 2% annual interest to help with the down payment, making this property an even more attractive investment.
Property Type:
Commercial
Property Sub Type:
Investment
Freestanding:
Yes
Total Area:
10000 sq. ft. Square Feet
Total Area:
10,000 sq. ft.
Lot Depth:
165'
Lot Frontage:
66'
Water supply:
Well
Zoning:
multi unit residential
Heating type:
Gas Forced Air Closed
Garage:
Outside/Surface
Possession Details:
Flexible
HST Applicable To Sale Price:
In Addition To
Assessment Year:
2024
Type Taxes:
Annual
Taxes:
$2,921 / 2024
Assessment:
$- / 2024
Parry Sound
Powassan
Trout Creek
Utilities:
Yes
Energy Certification:
No
Green Property Information Statement:
No
Air Conditioning:
Partial
Seller Property Info Statement:
No
Major Business Type:
Apts - 6 To 12 Units
Category:
Apartment
Date Listed:
Nov 18, 2025
Original Price:
Previous Price:
  • Photo 1: 108 Main Street in Powassan: Trout Creek Commercial for sale : MLS®# X12555854
    Photo 1 of 5
  • Photo 2: 108 Main Street in Powassan: Trout Creek Commercial for sale : MLS®# X12555854
    Photo 2 of 5
  • Photo 3: 108 Main Street in Powassan: Trout Creek Commercial for sale : MLS®# X12555854
    Photo 3 of 5
  • Photo 4: 108 Main Street in Powassan: Trout Creek Commercial for sale : MLS®# X12555854
    Photo 4 of 5
  • Photo 5: 108 Main Street in Powassan: Trout Creek Commercial for sale : MLS®# X12555854
    Photo 5 of 5
Listed by RIGHT AT HOME REALTY
Data was last updated November 22, 2025 at 12:15 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.