Northeast Ontario Apartment Buildings for Sale

Multifamily in Northeast Ontario available for sale

Northeast Ontario Apartment Building for Sale

322 Honeyborne St

Mississippi Mills, ON K0A 1A0

Multifamily for Sale
$6,800,000 CAD
30,000 SF

Kitchen
Wheelchair Accessible

Mississippi Mills Multifamily for Sale - Northeast Ontario

Purpose-built 24-unit apartment building completed in 2020, located in the growing community of Almonte, approximately 20 minutes west of Ottawa. This modern three-storey asset features a strong and practical unit mix comprised of 17 two-bedroom units, 2 one-bedroom units, and 5 three-bedroom units, and is serviced by an elevator, making it attractive to a broad range of tenants and long-term demographic demand.Suites range from approximately 650 to 955 square feet and feature efficient, open-concept layouts. Units are finished with laminate flooring, are equipped with fridge, stove, dishwasher, and window coverings. Coinamatic's modern laundry facilities are conveniently located on every floor.From an operational standpoint, the property is designed for efficiency and ease of management. Tenants pay hydro, while the landlord pays gas heat, water, and sewer. The site offers approximately 30 parking spaces plus 5 visitor parking, with additional street parking available. Security features include controlled entry with intercom and camera-monitored common areas.As a newer construction, the property has benefited from favourable property tax treatment applicable to new multi-residential rental developments, subject to municipal tax classifications. In addition, as a post-2018 construction, the building benefits from rent control exemption, providing meaningful long-term income growth potential.Ideally situated within walking distance to grocery stores, pharmacies, restaurants, banks, parks, coffee shops, and essential services, the property benefits from Almonte's continued population growth and proximity to Ottawa's west end.A modern, scalable multifamily asset offering strong fundamentals, durable construction, and long-term stability in a supply-constrained rental market.

Contact:

eXp Realty

Property Subtype:

Apartment

Date on Market:

2026-02-06

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73 & 75 Kenyon St Multifamily

Multifamily for Sale
$3,750,000 CAD
16,000 SF
2 Multifamily Properties

Alexandria Portfolio of properties for Sale - Northeast Ontario

These two modern 8-unit buildings, constructed in 2018, each have separate titles but share a convenient parking lot. The properties offer large, spacious, and bright 2-bedroom units, each with a private entrance and a balcony or terrace—perfect for enjoying outdoor living. Located in the heart of Alexandria, residents enjoy a strong sense of community, local amenities like shopping, dining, schools, and easy access to nearby cities like Cornwall and Ottawa.

Contact:

eXp Realty

Property Subtype:

Multi Family

Date on Market:

2026-01-21

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642 West St W

Prescott, ON K0E 1T0

Multifamily for Sale
$1,100,000 CAD
5,834 SF

Air Conditioning
Kitchen

Prescott Multifamily for Sale - Northeast Ontario

Attention Investors! Purpose-built in 2024, this fully leased fourplex in central Prescott delivers turnkey income, low maintenance, and the ease of self-management. Each modern 2-bed/1-bath suite features open-concept living, durable vinyl flooring, stainless steel appliances (incl. dishwasher), in-unit laundry, and efficient hot-water boiler heating (heat included; tenants pay hydro, water & sewer). Annual rent: $93,480; NOI: $81,617.32; cap rate at asking: ~7%. Gravel parking for 6. Steps to downtown amenities and minutes to Hwy 401 and the St. Lawrence stable tenants, strong returns, and a great location.

Contact:

eXp Realty

Property Subtype:

Apartment

Date on Market:

2025-10-09

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1115 Millwood Av

Brockville, ON K6V 0E6

Multifamily for Sale
$2,250,000 CAD
7,876 SF

Air Conditioning

Brockville Multifamily for Sale - Northeast Ontario

modern, 5-year-old, high-end 4-unit townhouse development situated in a serene Creekside setting, just a short walk from the 1000 Islands Mall. Each unit is rented to long-term senior tenants, all former homeowners seeking a low-maintenance, quality rental lifestyle. With monthly rents ranging from $3,250 to $3,500, the property generates an impressive net income of approximately $120,000 per year (before debt servicing). An assumable $1.5M mortgage is in place, offering flexibility for qualified buyers. This is a rare chance to own a stable, low-maintenance asset with strong cash flow and excellent tenant profile.

Contact:

Homelife/DLK Realty Ltd

Property Subtype:

Apartment

Date on Market:

2025-09-10

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More details for 18 Haggart St, Perth, ON - Multifamily for Sale

The Southview Apartments - 18 Haggart St

Perth, ON K7H 2Z4

Multifamily for Sale
$6,190,000 CAD
30,000 SF

Perth Multifamily for Sale - Northeast Ontario

THE SOUTHVIEW APARTMENTS Quality, well-maintained apartment building just off Provincial Highway 7 in Perth, close to necessity-based shopping, as well as the historical downtown core. Consisting of 32 apartments (14 x 1 bdrm, 18 x 2bdrm), all apartment are sun-filled, functionally designed and feature either balconies, or walk out patios. These apartments are in high demand with the building consistently maintaining a 100% occupancy rate. Building Design: The apartments in this building are highly functional in design with ample living space, and many units featuring walk-in closets. Further, all units include either walk-out patios or a balcony for the tenants to enjoy in the warmer months. The building has been cared for diligently by the original builder since its construction. Location: Well located within the town Perth, with a municipal park, and retirement home immediately abutting the property. The nearby Perth Mews Shopping Centre, just 5 minutes away by foot, includes a Loblaws Independent Grocer, and recently added Starbucks and Mark Work Warehouse as tenants. Perth also has a thriving downtown core, popular for its historical sites and cultural events.

Contact:

Capital Commercial

Property Subtype:

Apartment

Date on Market:

2025-01-14

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More details for 36 Main St E, Mississippi Mills, ON - Multifamily for Sale

Lilac & Main - 36 Main St E

Mississippi Mills, ON K0A 1A0

Multifamily for Sale
$7,230,000 CAD
21,592 SF

Air Conditioning

Mississippi Mills Multifamily for Sale - Northeast Ontario

Modern luxury meets unbeatable location with this prime investment opportunity in vibrant downtown Mississippi Mills / Almonte! This stunning 2024-built property boasts 13 tastefully designed units offering modern finishes, high ceilings, and breathtaking views overlooking the Mississippi River and the charming heritage architecture of downtown Almonte. Prime downtown location places your tenants within walking distance of everything they need. Almonte General Hospital, major shopping centers, grocery stores, and popular event centers are all just steps away. Additionally, the property directly abuts the Ottawa Valley Rail Trail, a multi-use pathway perfect for cyclists, walkers, and outdoor enthusiasts.

Contact:

Capital Commercial

Property Subtype:

Apartment

Date on Market:

2024-06-18

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117 First St E

Cornwall, ON K6H 1K8

Multifamily for Sale
$939,000 CAD
3,408 SF

Cornwall Multifamily for Sale - Northeast Ontario

Ideally situated in the heart of Cornwall's vibrant downtown core, this substantial and versatile property offers unmatched potential for investors, business owners, and owner-occupiers alike. The property permits a broad range of uses including professional offices, residential apartments, mixed-use development, and more. Formerly configured as four self-contained units, the building is thoughtfully designed with multiple kitchens and bathrooms, providing flexibility for various occupancy or leasing scenarios. Whether you intend to operate your own business, generate rental income, or establish a live-work arrangement, this property easily adapts to your needs. The property showcases a timeless character stone façade, complemented by tastefully renovated interiors that combine functionality with modern appeal. Ample on-site parking ensures convenience for clients, tenants, or residents. Situated in a highly desirable downtown location, the property is steps away from major amenities including shopping centres, restaurants, boutique shops, and the scenic waterfront. Whether you're seeking a peaceful lifestyle, business opportunity, or strategic investment, Cornwall offers the perfect balance of small-town charm and urban convenience

Contact:

Rami Bastawros - Royal LePage

Property Subtype:

Apartment

Date on Market:

2025-12-16

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12170 County Road 3

Winchester, ON K0C 2K0

Multifamily for Sale
$379,900 CAD
2,000 SF

Winchester Multifamily for Sale - Northeast Ontario

Looking for a low-maintenance investment property? Let's chat about this income-generating mobile home park in Winchester. This 1.3 acre lot contains 7 mobile homes with land leases, located in a quiet community and backing onto fields on the edge of town, but still walking distance to all of the amenities available in Winchester. The owner of the mobile home park is responsible for infrastructure maintenance (road, water and septic), but the mobile home tenants are responsible for maintaining their homes, which results in a hands-off investment property. There is municipal water supplied to all homes, and each has it's own septic system. This is an excellent investment opportunity which has no vacancy loss with a 100% occupancy rate as tenants do not want to miss a payment and risk losing their home. Also, the insurance costs are far less than multi-residential properties. Winchester is a great town with all amenities including shopping, hospital and anything else you might need! Situated 40 min south of Ottawa. With the current demand for housing, this affordable option is sure to attract clientele for many years to come

Contact:

Royal LePage Oldford Team

Property Subtype:

Mobile Home Park

Date on Market:

2025-07-28

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27 Tamarack St

Deep River, ON K0J 1P0

Multifamily for Sale
$5,799,000 CAD
48,681 SF

Deep River Multifamily for Sale - Northeast Ontario

This well-maintained, fully condominiumized building features a highly desirable mix of 13 two-bedroom and 10 three-bedroom units, each offering spacious layouts that appeal to families and quality tenants. All units have been nicely renovated and maintained, with modern kitchens, stainless steel appliances, contemporary bathrooms, and in-suite washer and dryer facilities — a key amenity that enhances tenant convenience and strengthens the building’s market position. The property also offers ample outdoor surface parking, meeting the needs of residents in this suburban setting. As part of Renfrew Standard Condominium Corporation #13, 27 Tamarack Street provides purchasers with the unique flexibility to sell units individually over time or continue to operate the building as a traditional rental apartment. The property is currently governed by a self-managed maintenance agreement with the condominium board, allowing the owner to directly control day-to-day maintenance and core operating costs. Offering a projected Year 1 NOI of $337,074, this asset is available at a compelling 5.62% cap rate, presenting investors with immediate cash flow and long-term stability in a market characterized by low vacancy and limited rental supply. Strategically located within close proximity to schools, parks, shopping, and healthcare facilities, 27 Tamarack Street is well-positioned to benefit from sustained tenant demand and minimal competition. This is an ideal acquisition for investors seeking scale, strong in-place income, and optionally in a quiet, high quality community.

Contact:

Colliers

Property Subtype:

Apartment

Date on Market:

2025-06-10

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More details for 98 N, Lanark, ON - Multifamily for Sale

98 N

Lanark, ON K0G 1K0

Multifamily for Sale
$500,000 CAD
3,000 SF

Controlled Access

Lanark Multifamily for Sale - Northeast Ontario

LANARK 4-PLEX GROSSING $41,780. INDIVIDUAL RENTS ARE (1) $721.11 (2) 1,023.04 (3) $637.53 (4) $1,100- VACANT. EXPENSES; TAXES= $2,510 INSURANCE= $3,520 HYDRO= $600 PROPANE= $1,400 TOTAL EXPENSES= $8,030/YEARLY. NET OPERATING INCOME= $33,750 STEEL ROOF, ALL TENANTS PAY THEIR OWN HYDRO/HEAT, PROPANE HOT WATER TANK, FULL BASEMENT FOR STORAGE, COPPER WIRING W/BREAKER PANELS, NEWER WATER PRESSURE TANK, HARDWOOD FLOORS, LANARK HAS THE HIGHEST RETURN ON INCOME PROPERTIES IN LANARK COUNTY, LOCATED JUST 45 MINUTES FROM DOWNTOWN OTTAWA, 10 MILES NORTH OF PERTH, 20 MINS WEST OF CARLETON PLACE, LANARK HAS A PIZZERIA & CHIPSTAND(S) & GROCERY STORE & GAS STATION & LIBRARY & TOWNHALL, MORE & MORE OTTAWA BUYERS ARE BUYING IN LANARK DRIVING PRICES UP, BUY BEFORE VALUES SKYROCKET.

Contact:

RE/MAX Hallmark Realty Group

Property Subtype:

Apartment

Date on Market:

2025-02-12

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1049 Victoria St

Petawawa, ON K8H 2E2

Multifamily for Sale
$1,790,000 CAD
11,000 SF

Petawawa Multifamily for Sale - Northeast Ontario

Well-maintained corner property featuring 7 residential apartments and 5,000 sq. ft. of commercial space. Located in a high-traffic area with exceptional visibility, this site offers ample parking and prominent signage opportunities. The property is fully leased, making it an excellent long-term investment in a thriving location.

Contact:

Valley Property Shop Limited

Property Subtype:

Apartment

Date on Market:

2022-06-13

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Apartment Buildings for Sale in Northeast Ontario

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How many apartment buildings are available for sale in Northeast Ontario?

There are currently 11 apartment buildings available for sale in Northeast Ontario, offering a unique opportunity for businesses to establish a presence.

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