Apartment Buildings for Sale in Canada

Surrey Multifamily for Sale - Surrey/Langley

This retail unit presents a strong passive income investment opportunity in the heart of Surrey City Centre. Located just a short walk from King George SkyTrain Station, the property benefits from excellent visibility, transit accessibility, and a built-in residential customer base. The unit is secured by a long-term lease (approximately 10 years) , making it well-suited for investors seeking stable, hands-off income rather than owner-occupiers. Surrounded by urban conveniences, green spaces, and a growing population of students, professionals, residents, and commuters, the area supports consistent foot traffic. A modern, community-oriented building further enhances tenant appeal. Please contact the listing agent for detailed income and lease information.

Property Subtype:

Apartment

Date on Market:

2026-03-18

Ottawa Multifamily for Sale - Centretown-Byward

122–124 Cobourg Street presents a rare opportunity to acquire a 14-unit multifamily asset in Ottawa’s Lowertown / Sandy Hill neighbourhood, offering a compelling combination of in-place stability and near-term income growth. The property is currently in an active leasing and turnover cycle, with multiple units recently leased or scheduled for occupancy, supporting continued stabilization and rent optimization. Recent leasing activity includes new tenants in key units and strong demand for upcoming vacancies, with select suites generating multiple showings per week. Approximately 50% of the units have been renovated and are achieving market rents, while the remaining units provide a clear and executable mark-to-market opportunity through natural tenant turnover and targeted interior improvements. Additional value is being created through approximately $65,000 in insurance-funded capital improvements across select units, allowing for further rent growth without additional capital outlay. The asset benefits from CMHC MLI Select-insured financing, offering a 40-year amortization and a maximum interest rate of 4.50%, which may be assumable subject to lender approval. Strategically located steps from the ByWard Market, University of Ottawa, and major employment hubs, the property is well-positioned to attract students, young professionals, and government tenants, supporting long-term rental demand and occupancy stability. This offering provides investors with a stabilized income base and a clear path to NOI growth through a capital-light, unit-by-unit repositioning strategy.

Property Subtype:

Apartment

Date on Market:

2026-03-06

Victoria Multifamily for Sale

CBRE Victoria is pleased to present an exceptional investment opportunity in the heart of downtown Victoria at 705–711 Johnson Street. This distinctive three-storey building comprises two ground-floor retail units and 40 single-occupancy residential rooms above, collectively known as the York Hotel. The property offers strong in-place income, near full occupancy, and the benefit of substantial completed upgrades, resulting in minimal ongoing maintenance for a prospective owner. The building totals approximately 17,236 square feet, with 6,900 square feet on the main floor and 5,168 square feet on both the second and third floors, situated on a 7,284-square-foot site. Built in 1911 and zoned CBD-1 (Central Business District), the property allows for a wide range of flexible commercial and mixed-use opportunities. The two ground-floor retail units measure approximately 2,434 square feet at 705 Johnson Street and 4,370 square feet at 707 Johnson Street. The space at 705 Johnson Street is occupied by Board with Friends, a locally owned and operated board game café, while 707 Johnson Street is currently vacant and was purpose-built for a gym, though it can readily accommodate a variety of alternative uses. Both retail units feature impressive 16-foot ceilings, excellent Johnson Street frontage and exposure, private washrooms, and, in the case of 707 Johnson Street, an additional shower amenity. The upper floors house 40 single-occupancy residential units operating as the York Hotel. Each floor is equipped with shared half and full washrooms, as well as a dedicated laundry room. The residential units are currently rented at below-market rates, providing a clear opportunity for future income growth. The building has been well maintained and includes a concrete foundation, a wood joist roof with an asphalt surface, painted brick exterior, metal doorways, and double-glazed thermo-sealed windows in vinyl frames. Flooring varies throughout the building, with a mix of hardwood, laminate, tile, and carpet depending on the unit, and the electrical system is supported by a 600-amp, three-phase service. Notable building highlights include an upgraded roof completed in 2017, full sprinkler coverage throughout, recent updates to 11 of the single-occupancy units, and a new HVAC and heat pump system serving the commercial space. The property benefits from its central downtown location with excellent exposure along Johnson Street, direct proximity to transit, and an abundance of nearby parking options, including the Johnson Street Parkade. Offered for the first time on the market, this asset presents a compelling opportunity to acquire a well-located, income-producing property with long-term upside in one of Victoria’s most vibrant urban corridors.

Property Subtype:

Apartment

Date on Market:

2026-03-06

Sainte-Catherine Multifamily for Sale - Rive-Sud

This modern 8-unit residential property offers a rare investment opportunity in the growing Sainte-Catherine market. Built in 2018 by renowned architect Julie Dagenais et Associés, the building features contemporary design and durable construction, including concrete floors and a full sprinkler system. Each unit is condo-quality, averaging 1,150 square feet, with a standout two-level penthouse of approximately 1,700 square feet. Interior finishes include air conditioning, central vacuum, dishwasher, and washer/dryer hookups, ensuring tenant satisfaction and long-term retention. The property is strategically located across from Saint-Constant SmartCentres within the Pôle Léo mega-development, providing proximity to retail, services, and public transit. Tenants are responsible for electricity, heating, and hot water, reducing operating expenses for ownership. With an annual rental income of $185,880 and a strong occupancy profile, this asset delivers stable cash flow and potential for future appreciation. Parking accommodations include an integrated garage and additional spaces, totaling 14 spots. Positioned in a desirable suburban community with easy access to major highways, educational institutions, and healthcare facilities, this property appeals to investors seeking a turnkey, income-generating asset in a high-demand residential corridor.

Property Subtype:

Apartment

Date on Market:

2026-03-06

Toronto Multifamily for Sale - West Toronto

Presenting 336 Clinton Street- a prime investment opportunity in the heart of Toronto's highly desirable Palmerston-Little Italy neighborhood. This fully leased, turnkey rental property features a balanced mix of one-bedroom and two-bedroom units across 17 well maintained apartments in pristine condition. The building is professionally managed; offerings table and consistent cash flow with significant upside through future turnovers and the availability of an additional unit for conversion. Located just steps from Bloor Street, Christie TTC, and Korea Town, the property boasts a 97 Walk Score and 100 Transit Score. Residents enjoy easy access to transit, top-tier dining, shopping, and the vibrant culture of one of Toronto's most dynamic communities. The property possesses an underutilized parking lot, presenting exceptional infill development potential for investors looking to unlock intrinsic value. Surrounded by mature residential streets and ongoing urban revitalization, 336 Clinton is perfectly positioned for both steady income and strategic redevelopment. Don't miss this rare opportunity to own a turnkey asset with built-in growth in Toronto's competitive rental market.

Property Subtype:

Apartment

Date on Market:

2026-03-05

Vancouver Multifamily for Sale - City of Vancouver Non Core

938 Commercial Drive presents a newly constructed, boutique mixed-use property in one of Vancouver’s most dynamic and culturally rich corridors. This five-story building combines 10 modern residential units with a ground-floor retail storefront, offering a rare opportunity for investors seeking a stabilized asset in a high-demand rental market. The property spans 12,830 square feet and sits on a 3,432-square-foot lot, with zoning designated as C-2C1 Commercial. Designed for long-term value, the building includes a gated garage with three parking spaces, enhancing tenant convenience and security. The retail unit, measuring 937 square feet, provides an additional income stream and benefits from strong pedestrian visibility along Commercial Drive. Positioned in a neighborhood celebrated for its vibrant retail, dining, and cultural scene, the property boasts a Walk Score of 99 and a Transit Score of 70, ensuring exceptional accessibility. With a cap rate of 4% and an asking price of $7,580,000, this asset offers investors a compelling blend of stability, location strength, and future appreciation potential in one of Vancouver’s most desirable urban settings.

Property Subtype:

Apartment

Date on Market:

2026-03-05

Penticton Multifamily for Sale

Sunrise Apartments at 1491 Government Street in Penticton offers an opportunity to acquire a well-maintained, boutique 11-unit multi-family building situated directly across from Penticton Regional Hospital. The property features a history of significant recent upgrades, stable operations, and clear potential for further rental upside. With proximity to major amenities, strong tenant demand, and additional revenue streams from storage and laundry, the asset presents a compelling investment for those looking to expand or establish a portfolio in the Okanagan. Positioned in central Penticton, the property benefits from its walkable location near Main Street, providing immediate access to grocery stores, retail plazas, dining options, parks, and recreation facilities. Its location directly across from Penticton Regional Hospital enhances long-term rental demand. The building itself comprises 11 suites over two storeys plus a basement, with on-site parking, storage lockers, and a series of recent upgrades including exterior paint, common-area improvements, mechanical replacements, and site enhancements.

Property Subtype:

Apartment

Date on Market:

2026-03-03

Westmount Multifamily for Sale - Atwater-Westmount

Carefully designed by renowned architect Martha Franco, the space offers a refined aesthetic that stands out for its timeless style. Ideal for professional offices, retail, or a clinic. Workspaces flooded with light thanks to numerous windows. Several versatile office spaces. 2 bathrooms. Ideally located in Westmount, this condo has a Walk Score of 91, offering easy access to shops, renowned parks, as well as cafés and restaurants in the neighborhood. Don't miss this unique opportunity!

Property Subtype:

Apartment

Date on Market:

2026-03-03

Laval Multifamily for Sale

Located on Tessier Boulevard in Laval, in the sought-after Chomedey neighborhood, the property at 3002–3004 enjoys a strategic location close to numerous shops, services, clinics, and major highways. The area benefits from excellent accessibility and sustained rental demand. The commercial ground floor, currently vacant, represents an ideal opportunity for an owner-occupier wishing to establish their business or for an investor. The space is in good condition and includes a fully functional basement, perfect for storage or optimizing operations. The property also benefits from parking spaces, a significant and sought-after advantage in this urban area, facilitating access for customers and occupants. Additional development opportunities may be considered depending on the buyer's needs. In addition, the building includes residential units offering interesting optimization potential. Current rents, which are below market averages, suggest significant revenue growth potential. Thanks to its location and versatility, this property represents a high-potential investment opportunity.

Property Subtype:

Apartment

Date on Market:

2026-03-02

Montréal Multifamily for Sale - Saint-Laurent

This fully occupied 31-unit residential property offers a rare opportunity for investors seeking stable income and long-term appreciation in Montréal’s Ahuntsic-Cartierville neighborhood. The building features a mix of well-maintained units, ensuring consistent cash flow from day one. Located in a vibrant, established community, the property benefits from proximity to essential amenities, including public transit, schools, parks, and shopping centers, making it highly attractive to tenants. The semi-detached structure spans three stories and sits on a 7,875 sq. ft. lot, supported by municipal water and sewer services. With a strong rental history and a potential gross revenue of approximately $300,660 annually, this asset provides both immediate returns and future upside. The neighborhood’s connectivity to major roadways and public transportation enhances accessibility, while ongoing urban development in Montréal continues to drive demand for quality rental housing. This investment is well-suited for buyers seeking a turnkey, income-generating property in a market known for its resilience and growth potential.

Property Subtype:

Apartment

Date on Market:

2026-03-02

Vancouver Multifamily for Sale - City of Vancouver Non Core

Located at 150 E Cordova Street in the heart of Gastown, this one-of-a-kind commercial offering—nicknamed “The Bunker”—presents a rare opportunity in downtown Vancouver. Situated in a modern 2016-built building, this fully secure, below-grade office unit features solid concrete walls and ceiling with no windows, creating an exceptionally private and controlled environment. With FOB-secured elevator and stair access, the 1,452 sq. ft. space is ideal for technology companies seeking a secure, de-risked physical data location with strong thermal stability and flexible electrical capacity. It also lends itself well to strategic storage or office use supporting downtown business operations. Zoned HA-2, the property offers versatile potential within a historic Gastown setting. Annual property taxes are $7,945, with monthly maintenance fees of $670.08. PID: 029-914-574

Property Subtype:

Apartment

Date on Market:

2026-03-02

Vancouver Multifamily for Sale - City of Vancouver Non Core

Exceptional investment opportunity in the heart of Vancouver's historic Chinatown. This building operates as a Rooming House / Hotel and has 42 units in total, ideal for transitional housing, hostel-style accommodations, or long-term room rentals. Zoned DEOD, it allows for a variety of commercial and residential uses, making it an ideal candidate for repositioning or redevelopment (subject to city approval).

Property Subtype:

Apartment

Date on Market:

2026-03-01

New Westminster Multifamily for Sale

Fully tenanted multi family investment. Simple to manage and terrific location for tenants and future re-development assembly. Just off Sixth Street on the edge of the renowned Queens Park neighborhood This location has a bright future ahead . Excellent time to add a small investment property to your portfolio.

Property Subtype:

Multi Family

Date on Market:

2026-02-27

Ottawa Multifamily for Sale - East Central

Property Subtype:

Apartment

Date on Market:

2026-02-26

Richmond Multifamily for Sale - Richmond/Delta

Parc Riviera offers a rare opportunity to acquire a bright, corner commercial unit in a thriving mixed-use community along the riverbank of No. 4 Road in Richmond. This 1,664 sq ft space features 46 feet of frontage and a depth of 37 feet, providing excellent visibility and natural light through expansive floor-to-ceiling windows. The unit boasts a 12-foot clear ceiling height, HVAC system, sprinklered interior, and T-bar ceiling, ensuring a modern and functional environment for a variety of uses. With three separate entrance doors and a convenient two-piece powder room, the layout supports flexible configurations for businesses. The property is zoned ZMU17, making it ideal for education centers, professional offices, restaurants, studios, and other commercial uses. Located in a rapidly growing area with increasing population and commercial activity, the site is just a 15-minute walk to Bridgeport Station and a short drive to Vancouver, offering excellent connectivity.

Property Subtype:

Apartment

Date on Market:

2026-02-18

Victoria Multifamily for Sale

Unique opportunity to acquire a meticulously updated character building in the sought-after Fairfield neighbourhood. The subject property offers residential rental units on both the garden and upper level with commercial office space on the main level; presenting an ideal opportunity for an investor or owner/occupier to choose their tenants and set the rates.

Property Subtype:

Apartment

Date on Market:

2026-02-18

Vancouver Multifamily for Sale - Broadway Corridor

Cushman & Wakefield is pleased to present this exceptional office/showroom opportunity at The Centro (128 West 6th Avenue), available For Lease or Sale.

Property Subtype:

Apartment

Date on Market:

2026-02-13

Dartmouth Multifamily for Sale

On behalf of the owner, Avison Young is pleased to offer for sale this Main Street Development opportunity, a 27,170 sf site located in Dartmouth, Nova Scotia. The property comprises four parcels creating a rectangular lot with frontage on Main Street and Lakecrest Drive, and is approved by a recent Municipal Planning Strategy amendment for up to 205,800 sf of gross buildable area on the site. The feasibility study [see PDF in document portal] outlines a potential development plan for the site that would create approximately +/- 230 units with one level of underground parking, along with a site plan and building massing.

Property Subtype:

Apartment

Date on Market:

2026-02-13

Kelowna Multifamily for Sale

Prime Passive Investment Opportunity - Situated in The Shoppes at Beverly, this approximately 1,445 sq. ft. retail unit represents a rare opportunity to acquire a stable, income-generating asset. The property is anchored by a reputable long-term franchise tenant, offering investors consistent returns with minimal management requirements. The space is designed for maximum visibility, featuring expansive glass frontage and a welcoming entrance directly on Enterprise Way, along with convenient secondary access from the rear parking area. Its strategic position, just off the intersection of Enterprise Way and Spall Road. Surrounding amenities include established shopping centres such as Mill Creek Crossing, Spall Plaza, and Central Plaza, as well as a wide range of restaurants, boutique retailers, gas stations, banks, and transit connections. This offering combines strong tenant security with an irreplaceable location, making it an excellent addition to any investment portfolio. (39726532)

Property Subtype:

Apartment

Date on Market:

2026-02-12

Riverview Multifamily for Sale

67 Suffolk Street offers a newly completed multifamily asset in Riverview with modern finishes and strong long-term rental demand. The property delivers thirty-eight suites with in-suite laundry, heat pumps, stone countertops, and balconies, supported by durable construction and an elevator. Located minutes from Moncton, the building benefits from a growing suburban population, elevated household income, and proximity to parks, trails, and essential amenities. Pre-leasing is underway, creating an opportunity to establish a full rent roll in a high-growth rental market. Offered at $12,900,000, the asset aligns well with investors seeking stable performance and contemporary construction in an expanding Atlantic Canada community.

Property Subtype:

Apartment

Date on Market:

2026-02-12

Calgary Multifamily for Sale - Northwest

2614 square foot 4 unit multifamily property for sale at $3,000,000. Contact the listing agent for additional information. Investment opportunity with strong rental appeal in a high-demand urban neighborhood, supported by proximity to major city amenities and transit options.

Property Subtype:

Apartment

Date on Market:

2026-02-10

Dartmouth Multifamily for Sale

This offering provides an exceptionally re-developed building with 81 residential suites and five commercial units, located in the heart of Downtown Dartmouth. With the final of the two development phases near completion, the building is almost fully leased, with strong demand in an area that continues to see low vacancy rates.

Property Subtype:

Apartment

Date on Market:

2026-02-09

Vancouver Multifamily for Sale - Downtown Vancouver

Opportunity to own a high exposure retail unit in the heart of bustling Vancouver.

Property Subtype:

Apartment

Date on Market:

2026-02-09