Apartment Buildings for Sale in Canada

Waterloo Multifamily for Sale - Western GGH

AAA Location!!! Less than 1 minute walk to the Universities...Deceivingly large, all bedrooms are above average in size, old house character and charm with an addition and updates, not your typical cookie cutter box. Renovated lower unit, very large backyard, lot's of outdoor space, 2 driveways with lot's of parking. Legal fourplex(no License or annual fee required), 15 students total. Always rented!!! Students love this building the two primary things that students are looking for is a nice clean apartment with a good size bedroom, 2nd is to get up and get to school fast with the lease amount of effort. This building has both.

Property Subtype:

Apartment

Date on Market:

2025-10-07

Montréal Multifamily for Sale - Centre-de-l’Île Sud

2750 Van Horne Avenue represents a unique opportunity to acquire a quality multifamily property with excellent development potential, located in the heart of the highly sought-after Côte-des-Neiges neighborhood. Set on a 7,700 sq. ft. lot, the existing building includes one 3½, one 4½, and six 5½ units, as well as a large six-door garage with the potential to be converted into four new two-level units, each featuring four bedrooms and approximately 1,500 sq. ft. of living space. The property stands out for its good overall condition, strong development potential, and promising long-term appreciation. LOCATION Ideally located in Côte-des-Neiges, directly across from the Wilderton Centre, the property is just a few minutes’ walk from Université de Montréal, HEC, Polytechnique, and Collège Brébeuf, with quick access to the new Édouard-Montpetit REM station. Nearby: Parks: Martin-Luther-King Park Shopping: Wilderton Centre, Plaza Côte-des-Neiges Transportation: Université-de-Montréal metro, Édouard-Montpetit REM station Hospitals: Ste-Justine, Jewish General Hospital, St-Mary’s Schools & Universities: Université de Montréal, HEC, Polytechnique, Brébeuf College BUILDING Lot size: 7,700 sq. ft. 1 x 3½, 1 x 4½, and 6 x 5½ | Total: 8 residential units Heating: Electric, paid by tenants Hot water: Electric water heaters, paid by tenants Certificate of location: October 2017 Environmental study: Phase 1 – February 2018 DEVELOPMENT POTENTIAL Possibility to build a 7,867 sq. ft. extension (3 levels + basement), consisting of 4 new two-level units, each with 4 bedrooms and about 1,500 sq. ft. of living area. A building permit was approved by the City in May 2022 for this extension (the permit was never paid). Architectural plans are available upon request, showing 4 new two-level units of approximately 1,500 sq. ft. each. ADVANTAGEOUS FINANCING Potential to qualify for CMHC MLI Select financing under the energy efficiency criteria.

Property Subtype:

Apartment

Date on Market:

2025-10-06

Abbotsford Multifamily for Sale - Abbotsford/Chilliwack

Avison Young is pleased to market for sale, Homestead Estates, located at 32101 Mt. Waddington Ave, Abbotsford BC (the “Property”). The Property is situated in Abbotsford’s Clearbrook neighbourhood, offering a central location, convenient access to quality schools, major shopping centers, and South Fraser Way, with immediate access to Hwy 1. As an investment, Abbotsford provides economic stability in a rapidly growing city with rental income upside and long term appreciation. It also provides immediate access to the Abbotsford Airport providing both domestic and international flights for travelers. This Offering is an extremely rare opportunity to buy a strata-titled rental building with significant scale in the Abbotsford market

Property Subtype:

Apartment

Date on Market:

2025-10-02

Pitt Meadows Multifamily for Sale - Tri-Cities & Ridge Meadows

Property Subtype:

Apartment

Date on Market:

2025-10-01

York Multifamily for Sale - West Toronto

Two semi-detached low mid-rise quadplex buildings for sale each at $2,125,000. Must be sold together.

Property Subtype:

Apartment

Date on Market:

2025-09-30

Nelson Multifamily for Sale

Excellent Investment Opportunity! Welcome to 1007 Gordon St, a triplex situated in the sought-after area of Fairview in Nelson. Each of these three self-contained units has been thoughtfully renovated, including modernized kitchens and bathrooms, and new flooring throughout. The lower level is a bright and cozy one-bedroom bachelor unit featuring a spacious kitchen that overlooks the backyard and garden. The upper unit is a charming one-bedroom suite that offers an open-concept kitchen and living area, plus a full bath. The main floor unit main unit features a sleek, modern kitchen with like-new cabinets and appliances. This property has the added bonus of gorgeous lake views! Additional features include in-suite laundry in all three units, separate utilities for each unit, parking for three vehicles, plus ample street parking. Close to amenities, schools and more.

Property Subtype:

Apartment

Date on Market:

2025-09-27

Trail Multifamily for Sale

Seize the opportunity to own a fully renovated, income-generating fourplex in the heart of Trail, BC. With four self-contained 1 bedroom units, this property is perfect for the savvy investor looking for a low-maintenance, high-potential addition to their portfolio. Situated on a manageable 0.08 acre lot, this 1,280 sq ft building has been thoughtfully updated throughout, offering clean, modern interiors that attract quality tenants. Located just minutes from downtown Trail and close to transit, shopping, schools and recreational amenities, this property benefits from strong rental demand in the area. With all units currently occupied, you'll enjoy immediate cash flow from day one.

Property Subtype:

Apartment

Date on Market:

2025-09-27

Toronto Multifamily for Sale - East Toronto

Property Subtype:

Apartment

Date on Market:

2025-09-26

Peterborough Portfolio of properties for Sale - Eastern GGH

An incredible opportunity to acquire an investment portfolio of 4 fully leased townhomes, centrally located in Peterborough's East End. Nestled in a quiet enclave of professionally managed condo townhomes, these 4 -3 bedroom towns are an ideal carefree investment yielding an average leveraged cap rate of 8.16%. Fully leased, this portfolio offers an easy turnkey opportunity to buy, hold and benefit from future rental growth and market appreciation. Each townhome has approximately 1500 sq ft of living space, a built-in garage, open concept living and dining areas, an eat-in kitchen, walkout to either main or lower level patios, 3 large bedrooms and 1.5-2 bathrooms. Note: pricing for each unit is based on a portfolio sale; individual pricing for units in a single sale will differ.

Property Subtype:

Multi Family

Date on Market:

2025-09-25

Ottawa Multifamily for Sale - East Central

Corner retail investment on Ottawa's Bank Street: three connected ground-floor commercial condo units totaling 1,416 sq. ft. with prominent corner exposure, open retail floorplan, broad storefront glazing, and dedicated sign boxes above each unit; on-site customer parking and a professionally managed condo setting support efficient operations and predictable carrying costs. Minutes to South Keys Shopping Centre and the Heron Bank retail corridor high-traffic destinations anchored by national brands (Walmart/Best Buy; Home Depot/Canadian Tire)with steady demand from Greenboro, Blossom Park, South Keys and Alta Vista, plus commuter flows via Hunt Club Road and Airport Parkway and established transit along Bank Street. The property is leased, generating stable annual income of approximately $47,500 net, with a two-year renewal option positioning this asset for durable cash flow today and sensible upside at rollover.

Property Subtype:

Apartment

Date on Market:

2025-09-25

Collingwood Portfolio of properties for Sale - Northern GGH

Power of Sale – Premier Redevelopment Opportunity in Downtown Collingwood An extraordinary chance to acquire five contiguous properties—160, 162, 170, 172 & 180 First Street—offering nearly 200 feet of prime frontage on Collingwood’s busiest corridor, with daily traffic volumes of approximately 25,000 vehicles. This high-visibility corner location presents unmatched exposure and long-term redevelopment potential under C-4 mixed-use zoning, ideal for investors, developers, or businesses seeking a flagship site. Options to sell separately: 160 First St - $1,649,000 162-180 First St - $1,990,000

Property Subtype:

Mixed Types

Date on Market:

2025-09-24

Montréal Multifamily for Sale - Est-de-l’Île

Construction 2023 -- Investissement clé en main à RDP! Superbe immeuble moderne de 3 étages comprenant 12 logements avec stationnement intérieur au garage, situé dans le secteur recherché de Rivière-des-Prairies, sur l'île de Montréal. Construit en 2023, cet immeuble combine revenus solides, faible entretien et tranquillité d'esprit. Une opportunité rare d'acquérir un actif rentable et clé en main, offrant un excellent potentiel de valorisation à long terme.

Property Subtype:

Apartment

Date on Market:

2025-09-23

Ottawa Portfolio of properties for Sale - Tunney's Pasture

CBRE Limited is pleased to act as the exclusive advisor, and offer for sale, on behalf of the Owners, the property municipally known as 402, 406, 408, 410 Preston Street, Ottawa, Ontario (the “Property”).Nestled on the most active corner in the Little Italy community of Ottawa, the Property is an attractive opportunity for mid-density, mixed-use development, with interim holding income.The Property is currently improved with 4 buildings, operating as 4 residential units and an automotive repair shop on the corner. On the south end of the Property is a laneway that can accommodate as many as 4 cars.Little Italy and the Preston Street corridor is Ottawa’s most exciting neighborhood. The Ottawa Hospital is actively constructing its new Civic Hospital Campus a short distance south of the Property. The City of Ottawa opened the updated Trillium north/south LRT line in Q4-2024, with the Dow’s Lake station 3 blocks away from the Property, and the Ottawa Senators have announced the relocation of its arena to LeBreton Flats, at the north end of the Preston corridor. Continued gentrification to this already vibrant neighbourhood creates an amazing opportunity to join the momentum of the area with the purchase of the Property. The Property site area is approximately 9,762 square feet, with frontage of 100 feet along Preston Street, and a depth of 100 feet. The Property is being offered on a first come, first served basis at an asking price of $5,000,000.

Property Subtype:

Mixed Types

Date on Market:

2025-09-22

Gloucester Multifamily for Sale - East Central

Outstanding Multi-Family Investment with Income & Future Potential. Located in Ottawas east end, this well-maintained 6-unit apartment building offers both stable rental income and exciting long-term growth opportunities. Sitting on a generously sized 0.24-acre lot (~80 ft frontage x ~132 ft depth), the property combines strong cash flow with excellent redevelopment potential. Currently fully occupied, the building generates over $9,800 in monthly rental income (~$118,000 annual), making it an attractive turnkey investment from day one. The unit mix is highly rentable and diverse: three 2-bedroom units, two 1-bedroom units, and one bachelor apartment. Recent improvements include a new 50-year roof installed in 2018 and modern renovations in several units, reducing future maintenance concerns and enhancing tenant appeal. The property is zoned R1WW[637], unlocking possibilities for future development while maintaining immediate income stability. The location is a major asset- just minutes from Highway 417, Blair and Cyrville LRT stations, shopping centres, restaurants, and everyday conveniences. Tenants benefit from excellent connectivity, while investors gain peace of mind knowing the property is situated in a desirable and growing area. Whether you are looking to expand your multi-family portfolio, secure a reliable cash-flowing property, or position yourself for redevelopment in the future, this building checks all the boxes. A rare opportunity to invest in a strong-performing asset with both present income and future upside.

Property Subtype:

Apartment

Date on Market:

2025-09-21

Victoria Multifamily for Sale

The subject property features a two-and-a-half-storey wood-frame apartment building that has been converted into eight (8) legal suites. These include one (1) studio suite, five (5) one-bedroom suites, one (1) two-bedroom suite, and one (1) three-bedroom suite. The property offers on-site parking for up to 10 vehicles, and most suites include balconies or patios. Rent covers hot water and heating for all suites, except for the three-bedroom suite, which is responsible for its own electric heating costs. The two-bedroom suite has in-suite laundry, while the remaining suites have access to on-site laundry machines owned by the Landlord. Each suite is individually metered for electricity, with tenants directly responsible for their usage.

Property Subtype:

Apartment

Date on Market:

2025-09-18

Grande Prairie Multifamily for Sale

INVESTMENT OPPURTUNITY FULLY OCCUPIED Mixed use building features 2 commercial units and 7 residential apartments in the heart of downtown Grande Prairie. Commercial tenants are very long term and residential units always in high demand giving you long term reliable cashflow. Tenant parking located behind the building. Also has coin operated laundry for additional income. Priced to sell at an attractive 8% cap rate.

Property Subtype:

Apartment

Date on Market:

2025-09-16

Montréal Multifamily for Sale - Est-de-l’Île

A 14 unit multi-tenant property in Ville-Marie East. Property is positioned along a high-traffic corridor and benefits from great accessibility and visibility for the ground floor retail tenants. The location offers proximity to well-established neighborhoods, major public transit routes, and a vibrant urban environment, supporting strong tenant demand and sustained occupancy. With consistent rental income and the potential for lease optimization, the property presents a clear opportunity to enhance value. 2514 Sainte-Catherine East represents a compelling investment for those seeking exposure to Montreal’s dynamic real estate market, combining immediate income with long-term growth potential.

Property Subtype:

Apartment

Date on Market:

2025-09-16

Vancouver Multifamily for Sale - City of Vancouver Non Core

Located in the heart of Vancouver’s desirable Marpole neighborhood, French Court Apartments presents a rare opportunity to acquire a well-maintained, 39-suite rental apartment building with significant upside potential. Constructed in 1986, this three-storey wood-frame property features a distinctive Colonial-style design with a large arched entrance leading to a private tiled courtyard, offering both charm and curb appeal. The building sits on a generous 20,976 SF parcel with 150 feet of frontage along French Street, just steps from the vibrant Granville Street commercial corridor. Tenants benefit from immediate access to grocery stores, restaurants, schools, parks, and frequent transit service connecting to Downtown Vancouver, YVR Airport, and Richmond. Marine Gateway and the Canada Line SkyTrain are only minutes away, enhancing connectivity across Metro Vancouver. French Court has undergone extensive capital improvements, including full window replacements, exterior façade upgrades, and renovations to over half the suites. Each unit is equipped with electric baseboard heating and individual hot water tanks, all recently replaced. Heat, hot water, and electricity are separately metered and tenant-paid, ensuring operational efficiency and reduced ownership costs. Current rents are approximately 40% below market, offering investors the opportunity to increase cash flow and yield through turnover and continued suite upgrades. With a historically stable occupancy rate and strong rental demand in Marpole, this asset is well-positioned for long-term growth. The area’s ongoing redevelopment, including the upcoming Marpole Community Centre and expanded public library, further enhances the investment appeal.

Property Subtype:

Apartment

Date on Market:

2025-09-15

Vernon Multifamily for Sale

Great opportunity to purchase a 16 unit apartment building in downtown Vernon that was fully renovated in 2019-2020. All suites have newer bathrooms/kitchens new laminate flooring and cabinets. It is comprised of nine (9) 2 bedroom suites, six (6) 1 bedroom suites and one (1) studio. The property is zoned RH3 (High-rise apartment residential) allow for 65 units per acre with potential to increase to 79 units per acre. Building including 16 parking stalls. Share sale an option and there is a assumable CMHC mortgage financing in place at 4.13% interest rate until 2033.

Property Subtype:

Apartment

Date on Market:

2025-09-10

Montréal Multifamily for Sale - Centre-de-l’Île Sud

Presenting 5550 De la Côte Saint-Luc Road, a rare opportunity to acquire a 37-unit multi-family building in one of Montreal’s most dynamic boroughs. Ideally located near transit, shopping, and Concordia’s Loyola Campus, the property features modern finishes and strong rental appeal.

Property Subtype:

Apartment

Date on Market:

2025-09-10

Toronto Multifamily for Sale - Downtown West

Property Subtype:

Apartment

Date on Market:

2025-09-10

Sault Ste. Marie Multifamily for Sale

Station 49 Apartments is a 102-suite, purpose-built multifamily asset located at 49 St. Mary’s River Drive in Sault Ste. Marie, Ontario. Offered at $11,640,000 (just $114,117 per unit), this investment presents a compelling opportunity to acquire scale in a stable Northern Ontario rental market with significant embedded upside. The property features a highly efficient unit mix, with 101 one-bedroom suites and 1 two-bedroom suite. It is professionally managed with steady turnover that supports rental growth. The asset generates additional revenue through laundry, parking, and air conditioning rentals, and has implemented cost-saving systems such as individual heating cost controls. With approximately 60% upside to market rents, robust historical turnover averaging 16.9% annually over the last three years, and recent capital improvements, Station 49 Apartments is well-positioned to deliver strong cash flow and long-term value growth for an active investor.

Property Subtype:

Apartment

Date on Market:

2025-09-09

Ottawa Multifamily for Sale - West Central

A golden opportunity in a high-demand infill location! This 66' x 121.47' lot (approx. 7,965 sq ft / 0.183 acres) is zoned R4N – Residential Fourth Density, permitting a wide range of residential building forms, including low-rise apartments and multi-unit dwellings. Potential for 9–10 Units! Tap into the strong rental and resale market with the possibility of building multiple residential units in a rapidly growing area.

Property Subtype:

Apartment

Date on Market:

2025-09-05