Apartment Buildings for Sale in Canada

Burnaby Multifamily for Sale

Price, Cap Rate, and NOI disclosed upon a signed CA. Marcus & Millichap REIS Canada Inc. is pleased to present the opportunity to acquire the commercial podium at Esprit 1 (the “Property”) located at the high traffic intersection of Edmonds Street and Kingsway in Burnaby’s Edmonds neighbourhood. The Property comprises one air space parcel totaling 52,676.42 square feet which includes 23,956 sq. ft. of leasable area. A diverse mix of tenants occupy the fully leased Property with lease expiry dates ranging from 2025 to 2034. The Property is the commercial component of BOSA Properties’ Esprit 1, a 28-story mixed-use building with 171 residences. The immediate area provides an ample offering of desirable shops, services, and restaurants along the Kingsway corridor and into the nearby city of New Westminster. Conveniently accessible via walking and vehicle distance from the surrounding residential communities, the Property’s location is transit-oriented with numerous bus routes operating along Kingsway daily and the Edmonds SkyTrain Station located a 3 minute drive away. This offering presents investors with an exceptional opportunity to acquire a fully leased commercial property that is ideally located in a vibrant and growing community in southeast Burnaby.

Property Subtype:

Apartment

Date on Market:

2025-06-06

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

Property Subtype:

Apartment

Date on Market:

2025-06-03

Vancouver Multifamily for Sale - Broadway Corridor

Property Subtype:

Apartment

Date on Market:

2025-05-12

Surrey Multifamily for Sale - Surrey/Langley

The McEvay Blair Multifamily Group of Marcus & Millichap proudly presents a rare opportunity to acquire The Citadel (the “Property”), strategically located at 15915 84 Avenue in Surrey’s highly desirable Fleetwood neighbourhood. Built in 2000, this well-maintained property features 33 strata-titled units on a 47,992 square foot site, offering both exceptional quality and future redevelopment potential. Originally constructed as condominiums, The Citadel offers a superior level of quality and finishes compared to typical rental apartment buildings. Each unit boasts spacious layouts, large balconies, dishwashers, gas fireplaces, and laundry hookups. Additional building amenities include a hydraulic elevator, secure underground parking, bike storage, security cameras, two laundry rooms, and ample storage space. The property also features a large office and an underutilized amenity room on the first and third floors. Situated in the thriving Fleetwood neighbourhood, The Citadel offers significant redevelopment potential under the proposed land use plan, which envisions mixed-use high-rise development of up to 30 storeys with a 4 FSR. Additionally, the stratified nature of the units provides flexibility for investors, allowing for the potential sale of individual units offering an additional exit strategy. This prime location and versatile investment profile make The Citadel a compelling opportunity in one of the fastest growing areas of Surrey.

Property Subtype:

Apartment

Date on Market:

2025-04-03

Toronto Multifamily for Sale - Downtown North

Colliers International ("Colliers" or the "Advisor") is pleased to present the opportunity to acquire 99 Bellevue Avenue (the "Property" or "Site"), a walk-up apartment building in the heart of Toronto’s Kensington Market neighborhood. This 14,961 SF site currently features a four-storey, 16-unit apartment building generating a strong in-place net operating income (NOI) of $512,603. The property presents investors with a rare chance to benefit from immediate cash flow while capitalizing on significant redevelopment potential. A feasibility study conducted by Sweeny&Co Architects illustrates the potential for a 12-storey mid-rise development, encompassing 93,695 SF of Gross Floor Area (GFA), 114 residential units. The surrounding market demonstrates robust demand, with purpose-built rental rates exceeding $4.62 PSF/M and resale condo pricing averaging $1,259 PSF, highlighting the strong investment fundamentals of the area. 99 Bellevue Avenue represents a compelling investment opportunity for those seeking a well-located, income-generating multi-family asset with significant upside potential. Its prime location in one of Toronto’s most dynamic neighborhoods, strong transit connectivity, and approved high-density development potential make it a rare and valuable acquisition. Investors looking for a covered land play with immediate revenue and long-term capital appreciation will find 99 Bellevue Avenue to be an outstanding addition to their portfolio.

Property Subtype:

Apartment

Date on Market:

2025-03-13

Toronto Multifamily for Sale - West Toronto

20 units Brand new rental townhouse complex for sale in Toronto at Shepherd and Jane . Built 2024 , no rent control. 10 Huge Duplexes Already Condominiumized, Fully leased . All Utilities separately metered .Can be split as individual townhomes. CMHC Loan being arranged at 3.6% interest for 5 years

Property Subtype:

Apartment

Date on Market:

2025-03-13

Langley Multifamily for Sale - Surrey/Langley

This six-storey development will feature a unique mix of sophisticated retail, state-of-the-art office space, and four stories of residential condos, encapsulating a genuine live, work, and play environment. With easy access to a vibrant residential community, ample green space, boutique and nationally recognized retailers, and an emerging office presence, District is ideal for businesses looking to attract families and young professionals.

Property Subtype:

Apartment

Date on Market:

2025-02-25

Vancouver Multifamily for Sale - City of Vancouver Non Core

Assembly is a boutique community offering 12 commercial strata units below 50 courtyard townhomes and condominiums. The Bauhaus inspired design reflects a synthesis of multiple art forms aimed at creating an inspiring workspace for the street level offices. The clean lines and industrial design elements honor the history of the neighborhood while re-imagining what future workspace can be. Assembly is located in the burgeoning area of Strathcona, one of Vancouver’s oldest and most unique neighborhoods with a deep history in industry and creativity. Assembly is the prototype for the ultimate live work lifestyle, minutes from downtown Vancouver but far enough away to appreciate the fabric of an authentic neighborhood.

Property Subtype:

Apartment

Date on Market:

2025-02-25

Abbotsford Multifamily for Sale - Abbotsford/Chilliwack

Fraser Ridge presents a rare opportunity to acquire a 12-storey concrete rental apartment building in the heart of Abbotsford, BC. The property features 69 residential units and 11,000 sf of commercial space at grade, offering a diversified income stream. With nearly $1 million invested in capital improvements, including a renovated lobby and upgraded parking infrastructure, Fraser Ridge is well-positioned for both immediate cash flow and long-term appreciation. Located along South Fraser Way, the property benefits from Abbotsford’s strong economic growth and proximity to Vancouver, making it an attractive investment in one of the fastest-growing markets in the Lower Mainland. The city’s expanding population, robust employment base, and limited supply of concrete rental towers create significant upside potential. This asset offers stabilized net operating income of $584,806 and clear title, making it ideal for investors seeking a secure, income-producing property with future redevelopment possibilities.

Property Subtype:

Apartment

Date on Market:

2025-01-21

Vancouver Portfolio of properties for Sale - Downtown Vancouver

Positioned in the heart of Vancouver’s iconic West End, the Newport & Kirya Apartments offer a rare opportunity to acquire a stabilized, income-generating multifamily asset with immediate upside and long-term redevelopment potential. The offering includes two buildings on a single 8,648 SF lot: the 11-storey Newport Apartments, a concrete mid-rise with 41 one-bedroom suites and the head office of Lantern Properties, and the newly constructed Kirya Apartments, an 11-suite low-rise infill development slated for occupancy in August 2025. Together, the properties deliver 27,274 SF of net rentable area with a blended average suite size of 525 SF. Newport’s current rents reflect a 42% mark-to-market opportunity, while Kirya’s brand-new units are already leased at full market rates. Both buildings feature secured underground parking, with Kirya offering in-suite laundry and modern finishes. Located just steps from Sunset Beach, Stanley Park, and the Burrard Street Bridge, the site benefits from exceptional walkability (Walk Score 96), transit access (Transit Score 89), and bikeability (Bike Score 91). The West End is one of Vancouver’s most vibrant and densely populated neighborhoods, home to over 40,000 residents and a thriving mix of retail, dining, and cultural amenities. The property is also within a short drive of the Financial District, Yaletown, and Kits Beach, making it highly attractive to both renters and investors. This is a compelling opportunity to secure a high-performing multifamily asset in one of Canada’s most desirable urban markets, with strong in-place income and future redevelopment flexibility.

Property Subtype:

Multi Family

Date on Market:

2025-01-17

Portfolio of properties for Sale

This is a rare chance to acquire a thriving bottle depot business operating across multiple locations. The portfolio includes 41,077 sqft of land in Terrace and 12,500 sqft in Prince Rupert, offering substantial investment potential. These properties also provide opportunities to generate additional income through leasing. With annual sales exceeding $2 million in both 2023 and 2024, the business is supported by experienced full-time managers and includes employee accommodations in Terrace, BC. Don’t miss this lucrative investment opportunity with a loyal and established customer base. Contact the Listing Agent for further details.

Property Subtype:

Mixed Types

Date on Market:

2025-01-15

Edmonton Multifamily for Sale - North

Attractive Suite Mix: 63% of the suite mix is comprised of one- and two-bedroom suites, catering to the area’s demographic of families, couples, and young professionals. Major Capital Improvements: Nearly all capital improvements completed, including siding and exterior, balconies, windows, roof, mechanicals, and common areas. Ideal Commuting Location: Located along 132 Avenue, the property offers great connectivity with public transit at its doorstep and the Yellowhead Freeway just 7 km south. Its prime location across from Grand Trunk Park and Rosslyn Park adds to tenant appeal, combining convenience with access to green spaces.

Property Subtype:

Apartment

Date on Market:

2024-12-30

Vancouver Multifamily for Sale - Downtown Vancouver

Fully built-out restaurant space with venting and patio space. Lease expiry Dec 31, 2027 with 5 year option to renew . Annual built-in rent escalation. Includes 2 underground parking stalls with parking revenue.

Property Subtype:

Apartment

Date on Market:

2024-11-01

White Rock Multifamily for Sale - Surrey/Langley

The property is situated in White Rock’s Town Centre, renowned for its vibrant array of shops,restaurants, cafes, and services. This charming seaside enclave is clustered around 8 km of sandy beach, boasting a picture-perfect oceanfront promenade and a 2,000-foot pier that was inaugurated in 1914.

Property Subtype:

Apartment

Date on Market:

2024-11-26

Port Moody Multifamily for Sale - Tri-Cities & Ridge Meadows

This strata building features 7 first-floor CRUs. With nearby access to a variety of amenities, urban centres and the nature-dense shoreline, hue brings an opportunity to purchase retail strata space in a bright and vibrant neighbourhood where urban living, art, and nature intersect.

Property Subtype:

Apartment

Date on Market:

2024-04-25

Ottawa Multifamily for Sale - East Central

Brand new construction completed in summer 2023. The building includes a total of 62 units : 23 - 1 bed, 8 - 1 bed with den, 8 - 2 bed with 1 bath, 9 - 2 beds with 2 baths, 14 - 2 beds with 2 baths and den.

Property Subtype:

Apartment

Date on Market:

2023-10-10

Vancouver Multifamily for Sale - Broadway Corridor

FOR SALE | 7,916 SF | Strata Windup of 12 Strata Units NAI is proud to present 2223 Prince Edward St, a development opportunity within 5 minutes' walking distance of two future stations of The Broadway Millennium Line. The property currently contains 12 Strata Units, excellently maintained to a higher degree, with the potential of holding income. The Development Site has the potential to yield up to 6.0 FSR for condo development, with a minimum of 20% of net residential floor area delivered as turnkey social housing units. Or, it can be developed as Secured Market Rental, at 6.5 FSR, with a minimum of 20% net residential floor area secured at below-market rents. The neighbouring property for sale adds the full potential, with the possibility of two towers of 20 storeys each, to bring a total developable square footage of 169,208 SF.

Property Subtype:

Apartment

Date on Market:

2023-03-09