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.
574 Byron Avenue
Carlingwood - Westboro and Area
K2A 0E4
$2,250,000 /For Sale
Commercial
- Status:
- Active
- Prop. Type:
- Commercial
- MLS® Num:
- X14092788
- Bus Major:
- Apts - 2 To 5 Units
- Photos (40)
- Schedule / Email
- Send listing
- Mortgage calculator
- Print listing
Schedule a viewing:
- Property Type:
- Commercial
- Property Sub Type:
- Investment
- Freestanding:
- Yes
- Approx. Age:
- 6-15
- Total Area:
- 4105 sq. ft. Square Feet
- Total Area:
- 4,105 sq. ft.
- Lot Depth:
- 100'
- Lot Frontage:
- 32'11⅞"
- Bedrooms:
- 8
- Bathrooms:
- 8.0
- Water supply:
- Municipal
- Kitchens:
- 4
- Zoning:
- R3R
- Heating type:
- Other
- Heating Fuel:
- Gas
- Garage:
- None
- Parking Spaces:
- 2
- Possession Details:
- Flexible
- HST Applicable To Sale Price:
- Included In
- Type Taxes:
- Annual
- Taxes:
- $16,651 / 2026
- Assessment:
- $- / -
- Ottawa
- Carlingwood - Westboro and Area
- 5104 - McKellar/Highland
- Public Transit, Recreation/Community Centre
- none
- Fridge x 4, Stove x 4, Hood Fan x 4, Dishwasher x 4, washer x 4, dryer x 4
- tenant's possessions
- Utilities:
- Yes
- Sewers:
- Sanitary+Storm
- Air Conditioning:
- Yes
- Seller Property Info Statement:
- No
- Gross income:
- $128,628
- Net Income Before Debt:
- $103,640
- Expenses Actual/Estimated:
- Actual
- Heating Expenses:
- $425
- Insurance Expenses:
- $6,352
- Tax Expenses:
- $16,651
- Operating Expenses:
- $24,988
- Water Expenses:
- $1,560
- Year Expenses:
- 2025
- Major Business Type:
- Apts - 2 To 5 Units
- Category:
- Apartment
-
Photo 1 of 40 -
Photo 2 of 40
-
Photo 3 of 40
-
Photo 4 of 40
-
Photo 5 of 40
-
Photo 6 of 40
-
Photo 7 of 40
-
Photo 8 of 40
-
Photo 9 of 40
-
Photo 10 of 40
-
Photo 11 of 40
-
Photo 12 of 40
-
Photo 13 of 40
-
Photo 14 of 40
-
Photo 15 of 40
-
Photo 16 of 40
-
Photo 17 of 40
-
Photo 18 of 40
-
Photo 19 of 40
-
Photo 20 of 40
-
Photo 21 of 40
-
Photo 22 of 40
-
Photo 23 of 40
-
Photo 24 of 40
-
Photo 25 of 40
-
Photo 26 of 40
-
Photo 27 of 40
-
Photo 28 of 40
-
Photo 29 of 40
-
Photo 30 of 40
-
Photo 31 of 40
-
Photo 32 of 40
-
Photo 33 of 40
-
Photo 34 of 40
-
Photo 35 of 40
-
Photo 36 of 40
-
Photo 37 of 40
-
Photo 38 of 40
-
Photo 39 of 40
-
Photo 40 of 40
- 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.
Explore More GTA Homes:
- Condos for Sale in Toronto Under $350K
- Waterfront Cottages for Sale in Ontario under $300000
- Houses for Sale Richmond Hill under $500000
- Houses for Sale near Caledonia and Eglinton West
- Condos for Sale in Toronto Under $400K
- Aurora Homes For Sale
- Bradford Homes For Sale
- King City Homes For Sale
- Markham Homes For Sale
- Newmarket Homes For Sale
- Richmond Hill Homes For Sale
- Thornhill Homes For Sale
- Toronto Homes For Sale
- Brampton Homes For Sale
- Uxbridge Homes For Sale
- Vaughan Homes For Sale
- Stouffville Homes For Sale
- Mississauga Homes For Sale
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.