Apartment Buildings for Sale in Ontario

Toronto Multifamily for Sale - West Toronto

14 Live/Work Unit Investment Property in High Park North Prime High Park North location. Offered at $5,985,000, 2480 Dundas Street West is a substantially renovated income-generating property featuring 14 unique live/work hard loft studios plus rooftop signage income. The property offers a 6.15% cap rate, gross income of $447,112.56, and net income of $368,120. Renovated throughout with strong character, the building includes exposed brick, large wood beams, approximately 12-foot ceilings, triple-glazed windows, wood flooring, a high-efficiency furnace, separate hydro meters, and individual hot water tanks. Most units include en-suite laundry. Ideally located near Bloor & Dundas, Union Pearson Express, Dundas West Subway Station, Bloor GO Station, Bloor West Village, The Junction, and High Park. Strong tenant profile, high-demand location, and easy-to-manage building. All measurements are approximate. One of the directors is related to the registered real estate agent (R.R.E.A). Please include Schedule B and the required disclosure with all offers. A Clean Phase 1 Environmental Report is available. Showings require a minimum of 48 hours' notice and will take place on scheduled dates. A list of units to be viewed will be provided at the showing, and the listing agent or a representative will be present for all showings.

Property Subtype:

Apartment

Date on Market:

2025-08-07

Ottawa Multifamily for Sale - Centretown-Byward

An exceptional investment opportunity awaits at 455-457 Somerset Street W, a turnkey six-unit multifamily property in the heart of Ottawa’s vibrant Centretown. This well-maintained asset generates a strong $125,496.90 NOI and trades at an attractive 5.60% cap rate, offering stable in-place cash flow with clear upside. One strategically vacant unit is positioned for renovation, offering immediate value-add potential and the ability to increase rents to market levels. Spacious, thoughtfully designed layouts across all six suites promote long-term tenant satisfaction and retention, while on-site parking provides additional revenue. The offering combines durability, income stability, and a defined pathway to enhanced returns. Located in Ottawa’s downtown core near Kent Street and just steps from Parliament Hill, the asset benefits from premier urban connectivity and infrastructure. Within 2 kilometres of Ottawa City Hall and the House of Commons of Canada, the building sits at the centre of Canada’s public-service employment base. Proximity to the University of Ottawa further strengthens rental demand from students and young professionals. Somerset Street offers immediate access to local restaurants, cafés, daily retail, and public transit, reinforcing consistent demand. The surrounding area serves more than 267,000 residents within a 5-kilometre radius, with projected population growth of 16% by 2033 and an average household income of approximately $97,000. Centretown continues to rank among Ottawa’s most resilient rental nodes, supported by a diverse tenant base that includes government employees, technology professionals, and international students. A large and stable public sector workforce reduces cyclical risk, while ongoing expansion from employers such as Nokia, Solink, Accenture, and Calian Group reinforces long-term job growth and housing absorption. Infrastructure investment and a growing technology ecosystem continue to elevate Ottawa’s profile as a stable capital market. 455-457 Somerset Street W delivers the rare combination of immediate income, upside, and premier downtown positioning.

Property Subtype:

Apartment

Date on Market:

2026-02-23

Blue Mountains Specialty for Sale

Positioned within walking distance of Blue Mountain Village, 210 Arlberg Crescent is an income producing resort property configured for large scale occupancy and long term operational flexibility. Spanning three levels with a finished basement, the building comprises 2,661 square feet above grade with a further 913 square feet below and is organized around 11 bedrooms and 4 bathrooms with two complete kitchens and two principal living and dining areas, each anchored by a fireplace. Outdoor terraces extend from both the main and second levels, while dedicated laundry and 12 surface parking spaces support the property's capacity for large group occupancy and year round use. Since 2018, the property has been leased by Blue Mountain Resorts for staff accommodation, with the current lease extending through December 2027. The property's zoning with STA permissions offers meaningful optionality through continued institutional tenancy, conversion into two self contained short term accommodation units, or personal recreational use with supplementary income. The underlying strength of this property is rooted in the Blue Mountains' evolution as a four season resort community, from ski hills and golf fairways to the shoreline of Georgian Bay. Established infrastructure, sustained year round demand and proximity to the village continue to support both seasonal visitors and long term residents. A property defined by operational stability today and the flexibility to evolve alongside one of Ontario's most established resort communities.

Property Subtype:

Residential Income

Date on Market:

2026-06-01

Ottawa Multifamily for Sale - Centretown-Byward

46 Carlyle Avenue presents the opportunity to acquire a well maintained, income producing seven unit multi-family asset consisting of six four-bedroom units and one two-bedroom unit in one of Ottawa’s most established and supply constrained rental corridors. The property’s large format unit mix is exceptionally well suited to the surrounding student and shared housing market, supporting strong rental demand, durable occupancy, and attractive income generation within a high barrier urban location. Located steps from Carleton University and surrounded by the Glebe, Old Ottawa South, and Bank Street amenities, the asset benefits from a deep and reliable tenant base driven by education, employment, transit connectivity, and lifestyle appeal. Supported by stable in place cash flow and future rental growth potential, 46 Carlyle Avenue offers investors a compelling combination of scale, income stability, and long term value creation within Ottawa’s resilient apartment market. Positioned between the Glebe and Old Ottawa South, the property is surrounded by some of Ottawa’s most established and walkable neighbourhoods, known for their vibrant retail streets, restaurants, green space, and enduring residential appeal. Residents enjoy immediate access to Bank Street, the Rideau River pathway network, public transit, and downtown Ottawa, reinforcing the property’s long term attractiveness to students, young professionals, and urban renters alike. For multi family investors, the location offers a compelling combination of stable tenancy, proven rental demand, and lasting neighbourhood desirability.

Property Subtype:

Apartment

Date on Market:

2026-05-26

Portfolio of properties for Sale

Property Subtype:

Mixed Types

Date on Market:

2026-05-13

Belleville Multifamily for Sale

Cento Capital is pleased to present The Front St. Lofts at 363 Front Street, Belleville, Ontario, a fully renovated mixed-use investment property located in Belleville's downtown core. The property comprises one ground-floor commercial unit and seven one-bedroom residential apartments. The building has been upgraded with structural improvements, new plumbing, electrical, HVAC, windows, doors, kitchens, and modern finishes throughout, offering a true turnkey investment. The asset is MLI qualified, with a VTB options available, and includes a five-year structural warranty by Cento Capital. The commercial unit is secured by a five-year semi-gross lease with annual escalations, and all residential suites are leased at current market rents. In place property management can be assumed, featuring onsite management, automated rent collection software, and a fully automated management system, allowing for seamless ownership. The asset is well positioned for CMHC-insured financing, subject to lender approval.

Property Subtype:

Apartment

Date on Market:

2026-05-13

Hamilton Multifamily for Sale - Southern GGH

Positioned in one of Hamilton Mountain’s most sought-after pockets, this clean and well-managed 9-unit apartment building offers a turnkey investment opportunity with stable income and long-term upside. Ideally located just steps to the brow, transit, and everyday amenities, the property consistently attracts quality, reliable tenants drawn to both convenience and lifestyle. The building features a strong and desirable unit mix including six 2-bedroom units, two 1-bedroom units, and one bachelor suite—appealing to a broad tenant demographic. Nine surface parking spaces provide added convenience and value for residents. With separate hydro meters, operational efficiency is enhanced while keeping expenses predictable. Pride of ownership is evident throughout, with a solid maintenance history including a boiler replacement (2011) and a brand new roof (2025). Terrazzo flooring in the stairwells adds a durable, classic touch to the common areas. The property benefits from low vacancy and steady performance, generating a net income of $126,077.08 and a 4.85% cap rate. This is an excellent opportunity for investors seeking a well-located, income-producing asset in a high-demand rental market.

Property Subtype:

Apartment

Date on Market:

2026-05-12

Windsor Multifamily for Sale

738 Brock presents a unique investment opportunity in Windsor’s rapidly developing Sandwich Towne district. Offering strong potential for redevelopment. Investors and developers will appreciate its proximity to the University of Windsor and St. Clair College, making this location highly desirable for student rentals and income-generating projects. The property benefits from the Sandwich Towne Community Improvement Plan (CIP), which provides incentives including development charge relief and a 10-year property tax rebate. Existing site plans and floor plans have been professionally prepared in consultation with the City, ensuring confidence in project feasibility. Projected gross annual revenues range from $135,000 to $190,000 depending on development type, with end-value estimates reaching $2 to $3 million. Buyers can acquire and hold, as the property can be rented before initiating redevelopment strategies. This opportunity aligns with Windsor’s continued growth trend and offers strong upside for long-term returns!

Property Subtype:

Multi Family

Date on Market:

2026-05-12

Hamilton Multifamily for Sale - Southern GGH

1489 Upper Gage Avenue presents a rare opportunity to acquire a fully occupied, institutional-quality multi-residential asset on Hamilton Mountain. The property is an immaculate four-storey adult-living apartment building situated on a prominent corner lot, offering strong visibility, excellent access, and long-term stability. The building comprises 59 well-maintained rental units, predominantly one-bedroom suites, catering to stable, long-tenured tenants and consistent cash flow. Designed with durability and efficiency in mind, the property features geothermal heating and cooling, providing energy efficiency and reduced operating volatility. Common areas are well kept and include a large party room with a full commercial-style kitchen, a welcoming foyer with seating areas, and ample on-site parking. The landscaped grounds further enhance tenant retention and curb appeal.

Property Subtype:

Apartment

Date on Market:

2026-05-11

Arnprior Multifamily for Sale - Northeast Ontario

Campbell Place is a highly popular, well located apartment rental property in Arnprior consisting of 34 apartments (1 x studio, 15 x 1 bedroom and 18 x 2 bedroom) on a spacious 1.27 acre lot. Carefully owned and managed by the original builder since its construction and consistently maintaining a full occupancy. All apartments feature ample living space, and walk-out patios or balconies. Many master bedrooms featuring walk-in closets. Units consistently and tastefully updated on turnovers. Highly convenient location, just off Daniel Street, the main artery connecting Highway 417 to the downtown core with tenants enjoying quick access to both. Tenants also benefit from living just 400m (6 minute walk) from Arnprior Shopping Centre, the town's main shopping destination, and 500m (7 minute walk) from the Nick Smith Centre, Arnprior's community recreation hub with two ice surfaces and a public swimming pool.

Property Subtype:

Apartment

Date on Market:

2026-04-21

Arnprior Multifamily for Sale - Northeast Ontario

NEW PRICE! The Campbellview is a highly popular, well-located apartment rental property in Arnprior consisting of 32 apartments (14 x 1 bedroom and 18 x 2 bedroom) on a spacious 1.07 acre lot. Diligently managed by the original builder since it's construction and easily maintaining full occupancy. Highly functional, sun-filled apartment layouts with ample living space and walk-out patios or balconies. Many master bedrooms featuring walk-in closets. Units consistently and tastefully updated on turnovers. Convenient location, just off Daniel Street, the main artery connecting Highway 417 to the downtown core with tenants enjoying quick access to both. Tenants also benefit from living just 400m (6 minute walk) from Arnprior Shopping Centre, the town's main shopping destination, and 500m (7 minute walk) from the Nick Smith Centre, Arnprior's community recreation hub with two ice surfaces and a public swimming pool.

Property Subtype:

Apartment

Date on Market:

2026-04-21

Wahnapitae Multifamily for Sale

18-Unit Multi-Residential Investment - Greater Sudbury, ONThis is not your average income property.Located on a quiet dead-end street just 10-15 minutes from New Sudbury, this fully tenanted 1.2-acre property offers 18 rental units across three property types on one title - eight townhomes, a nine-unit apartment building, and a large five-bedroom home.The eight townhomes are the standout cash flow asset. Each has three bedrooms, 1.5 bathrooms, a full basement, and a private backyard. Tenants pay all their own utilities - heat, hydro, and water - separately metered with individual gas furnaces and water heaters. In Northern Ontario's climate, this significantly reduces your operating costs and protects margins year-round.The nine-unit apartment building offers a stable tenant base with coin-operated laundry, secure storage lockers, and newer high-efficiency Viessmann boilers - meaning low heating costs and no major mechanical expenses on the horizon.Attached to the apartment building is a spacious five-bedroom home with vaulted ceilings, in-suite laundry, a den, and an attached garage - ideal for an owneroccupier or premium rental. A massive 24' x 50' detached triple-car garage adds further utility and income potential.Current rents are below market, giving the next owner a clear and built-in path to grow income over time without additional capital investment. Eighteen units on one property also means one insurer, one maintenance contact, and one property manager - straightforward and efficient to operate.Greater Sudbury's rental market is backed by mining, healthcare, government, and two post-secondary institutions - keeping vacancy rates low and demand steady. For investors priced out of Southern Ontario, this market still delivers returns that make financial sense.Fully tenanted. Turn-key. Priced for a quick sale.

Property Subtype:

Apartment

Date on Market:

2026-04-16

Burlington Multifamily for Sale - Oakville/Burlington

Private Remarks: Please do not engage staff/tenants in any real estate discussions. City of Burlington tenanted property, so taxes are zero as they do not charge themselves taxes. Shared Facilites Agreement so there is no condo fee. Contact L/A for more details. Contact L/A about excluded purchaser list. Showing Remarks: Listing agent to be present for all showings, allow enough notice to coordinate schedules. Showings during library business hours only M-Th 9 to 8pm, Fri/Sat 9-5pm, Sunday - try to avoid.

Property Subtype:

Apartment

Date on Market:

2026-04-11

Niagara Falls Multifamily for Sale - Southern GGH

Character home with two separate suites and R2 zoning-perfect for an income property or living in one unit while generating rental income from the other. The property features a tenanted 2-bedroom suite and a main level vacant 1-bedroom suite, making it an ideal opportunity for an owner-occupant looking to offset their mortgage. The vacant main floor unit features access to the backyard, basement and 1.5 car garage. Each suite offers its own private entrance and fully equipped kitchen, providing complete independence and privacy for both owner and tenant. This flexible layout is also well-suited for multi-generational living.Located in a desirable neighbourhood close to schools, shopping, dining, and public transportation, the home has been well maintained over the years. Additional highlights include a private driveway, detached 1.5-car garage, and private yard, offering comfort, convenience, and excellent long-term value. Upstairs unit leased for $1,550 all inclusive monthly. Main floor unit vacant.

Property Subtype:

Apartment

Date on Market:

2026-04-09

Toronto Multifamily for Sale - West Toronto

Rare newly constructed (2022) 6-plex in Toronto's Junction Triangle, offered at $3,499,000. The property comprises four 2-bed/2-bath units with in-suite laundry plus a laneway house, totalling 6 legal units across a 22.5 x 123.8 ft site. All units are NOT subject to rent control and are fully occupied by AAA tenants, delivering a stabilized cap rate with strong, predictable cash flow. Walking distance to Bloor West Village and minutes to Ossington & Dufferin subway stations. Full underwriting package, rent roll, and financials available upon request.

Property Subtype:

Apartment

Date on Market:

2026-03-18

Espanola Multifamily for Sale

449 Mead Boulevard offers a rare investment opportunity with exceptional zoning flexibility and redevelopment potential. Featuring C-3 Special zoning, the site permits up to eight residential units in addition to a broad range of commercial uses, making it highly adaptable for various business or mixed-use strategies. The current configuration includes eight residential units, a commercial storefront, and a custom workshop with an overhead door, providing multiple income streams or conversion options. The property will be delivered vacant upon closing, offering a clean slate for investors or owner-users to implement their vision without the constraints of existing tenancies. Located in Espanola, a growing community with strong connectivity to regional amenities, this asset is well-positioned for long-term value creation. Whether your goal is to redevelop, reposition, or operate as-is, this property presents significant upside for the right buyer.

Property Subtype:

Apartment

Date on Market:

2026-03-16

Toronto Multifamily for Sale - Downtown West

Rare opportunity to own a commercial condo unit in a high-traffic urban neighbourhood, providing long-term stability and equity growth. Thousands of nearby condo units within walking distance, creating a built-in local customer base and steady demand.

Property Subtype:

Apartment

Date on Market:

2026-03-12

Oakville Multifamily for Sale - Oakville/Burlington

The seller may consider VTB. Contact me for details.

Property Subtype:

Apartment

Date on Market:

2026-03-05

Trenton Multifamily for Sale

Great Investment Opportunity in Trenton. Two Well-Maintained 6-Plexes Offered Together on Trenton's West side. Two 6 plex buildings consisting of 28 McColl Street and 188 Henry Street. These two well-kept 6-unit apartment buildings are being sold together, sitting on abutting lots. The portfolio consists of a total of 12 residential units, comprised of ten spacious two-bedroom units and two one-bedroom units. Combined living area totals approximately 11,347 square feet of living space, which includes the lower-level apartments in each building (utility rooms excluded). The seller’s preference is to convey both properties together. Has escape clause. Ideally located on a quiet street in a residential neighborhood and close to all city amenities. Separately metered units with many long-term tenants, most paying for their own electricity and water, while the owner pays for heat for the buildings via two efficient gas-fired hot water boilers, as well as hydro and water for common areas. All units are generously sized, with five units that have been renovated. Numerous capital improvements have been completed in recent years, including windows and roofing. These properties present excellent upside potential, with several of the long-term tenants currently paying rents significantly below current market value. Turn-key investment opportunity. Coin laundry in the basements of both buildings. Paved parking lot large enough to accommodate all tenants, with some exterior sheds and outbuildings available for both Owner and Tenant additional storage. Don't miss this excellent investment opportunity with a positive cap rate and significant income growth potential.

Property Subtype:

Apartment

Date on Market:

2026-02-06

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.

Property Subtype:

Apartment

Date on Market:

2026-02-06

Toronto Multifamily for Sale - Downtown North

22 keys | $226k per door. Exceptional 22-unit multiplex generating over $279,000 in annual gross income. This well-kept investment property is situated in a rapidly developing area surrounded by major high-rise projects, ensuring long-term upside and strong tenant demand. Priced at an attractive $226,818 per door, this asset offers a rare combination of stability, growth potential, and prime location. Residents benefit from easy access to multiple walkable amenities, including: Large grocery store for convenient daily shopping Community park with green space and recreation Local cafes & restaurants offering vibrant neighborhood dining Transit hub providing fast connections to the rest of the city. A solid opportunity for investors seeking dependable cash flow and future appreciation in a thriving urban corridor. For further information, please contact Tom Tsambourlianos 416-520-3601 for a confidentiality agreement, or email at tom.tsambourlianos@century21.ca

Property Subtype:

Apartment

Date on Market:

2026-01-15

Mississauga Portfolio of properties for Sale - Mississauga South

Exceptional value add opportunity to acquire Two Eleven Unit Apartment Buildings in the highly sought-after Port Credit neighbourhood of Mississauga, steps to the GO station, waterfront, shops and restaurants. 11 legal units in each building: 6 spacious 2-bedroom suites and 5 bright 1-bedroom suites. Two floors with 4 units on each floor and 3 units in the lower level of each building. Majority of suites tastefully renovated with updated kitchens, baths and flooring, offering strong tenant appeal and rental upside. Some of the units offer built in dishwashers and microwaves. This building has onsite laundry and storage lockers and is clean and well managed with security cameras. Both of these buildings have new gas boilers and the majority of the plumbing has been replaced. 400 amp service in each building. 322 Lakeshore has fireplaces in all of the units. Surface parking is available

Property Subtype:

Multi Family

Date on Market:

2026-01-08

Orillia Multifamily for Sale - Northern GGH

The Perfect Fourplex doesn't come around very often....Until Today!! 416 Gill Street is a purpose built, all brick fourplex with four 2 Bedroom , 1 Bath apartments, all the same, approximately 860 sqft each. The property is fully tenanted with four fantastic tenants. Property provides 8 parking spaces for your tenants. The updated apartments are in fantastic condition, three with newer kitchens. All units have separately metered forced air gas furnaces, separate hydro meters and a large in unit storage closet. Sound proofing added between upper and lower apartments for peaceful living. New 25 Year Architectural Shingles in 2014 and all new windows in 2017/18. On-site Coin Laundry for tenant convenience, two washers and two gas dryers, all owned. All units also have full size appliances. New back up generator installed in 2025 that powers part of the building including hot water. Very large lot for your tenants to enjoy the yard, but could also be large enough to add additional dwelling units on property (check with City of Orillia Planning). There is lots of upside on tenant turnovers as well. A great addition to your multi-unit investment portfolio or perfect hassle free investment to get started on your Landlord journey.

Property Subtype:

Apartment

Date on Market:

2025-12-17