Apartment Buildings for Sale in Ontario

Kitchener Multifamily for Sale - Western GGH

This offering presents a rare opportunity to acquire an income-producing property on 0.149 acres (156) FT deep lot in an evolving area of Kitchener. The property generates immediate cash flow while allowing investors to secure a strategic land position in a corridor experiencing increased redevelopment activity. A compelling opportunity to hold, generate income, and unlock future value through redevelopment potential (buyer to verify).

Property Subtype:

Apartment

Date on Market:

2026-06-03

Kingston Multifamily for Sale

Property Subtype:

Apartment

Date on Market:

2026-06-02

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 $10,031 in monthly rental income (~$120,372 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:

2026-06-01

Toronto Multifamily for Sale - East Toronto

Strategically located steps from Main Street Subway and Danforth GO stations, the property offers seamless transit connectivity to downtown Toronto and across the GTA. Nearby amenities include Danforth Village, renowned for its eclectic dining, retail, and cultural offerings, as well as multiple parks and recreational facilities. This combination of stable income, transit proximity, and neighborhood vitality positions 156 Barrington Avenue as a compelling acquisition for investors seeking growth in Toronto’s highly competitive multi-family market.

Property Subtype:

Apartment

Date on Market:

2026-05-29

Guelph Multifamily for Sale - Western GGH

93 Arthur St S is a modern, mixed-use commercial building located in the heart of downtown Guelph. The property features contemporary architecture with strong street presence and large windows that provide excellent natural light throughout. Situated within a vibrant and walkable urban corridor, the building benefits from proximity to a wide range of amenities, including restaurants, retail services, residential developments, and public transit. Its central location offers convenient access to major roadways and the Guelph Central Station, making it an ideal destination within the city’s growing downtown core.

Property Subtype:

Apartment

Date on Market:

2026-05-29

Toronto Multifamily for Sale

Client Remarks An exceptional multiplex opportunity in the highly sought-after Long Branch community of Etobicoke, just steps from Marie Curtis Park and the shores of Lake Ontario. This well-maintained property, on a 50' x 137' lot, features five spacious units, including four one-bedroom apartments and one expansive three-bedroom suite. All four one-bedroom units are tenanted at market rents, offering immediate, stable income. The impressive three-bedroom unit-approximately 1,500 sq ft-is currently vacant, providing flexibility for owner occupancy or the opportunity for a new buyer to lease at top market value. The building offers separately metered hydro for four of the five units, helping streamline expenses and management. Each unit has been beautifully renovated with generous layouts that appeal to quality tenants. Additional income potential comes on site laundry in the lower level and from a detached four-car garage, ideal for indoor parking rentals, along with four exterior parking spaces-eight in total. Located in a prime lakeside neighbourhood with strong rental demand, this is a turnkey investment with upside potential and long-term value.

Property Subtype:

Apartment

Date on Market:

2026-05-28

Toronto Multifamily for Sale - North Toronto

Modern, bright commercial office/retail space directly adjacent to Yorkdale Mall with exposure and signage fronting Dufferin Street. Zoning permits medical use. Unit 1 is 1,558 sf corner unit with reception, 3 offices, boardroom, washroom, storage & utility closet. Unit 2 is 1,061 sf corner unit with reception, kitchenette, 3 offices, washroom & utility closet. The units can easily be combined for a single user. 2 parking spots and 5 lockers. Central location with easy access to Highway 401. Significant development in the area.

Property Subtype:

Apartment

Date on Market:

2026-05-26

Hamilton Multifamily for Sale - Southern GGH

Located on Burlington Street East, this property offers a unique investment opportunity in close proximity to Hamilton’s industrial and employment districts. The area benefits from strong connectivity to major transportation routes, including nearby arterial roads and highways, facilitating easy access across the city and beyond. With a corner lot configuration and an Official Plan designation for employment, the site provides flexibility for future redevelopment or continued use as a residential duplex. Hamilton’s thriving economic growth and proximity to the Greater Toronto and Niagara regions further enhance the property’s investment appeal. Whether intended for income generation, redevelopment under existing zoning provisions, or long-term appreciation, this asset represents a valuable addition to any real estate portfolio.

Property Subtype:

Apartment

Date on Market:

2026-05-22

Toronto Multifamily for Sale - West Toronto

Property Subtype:

Apartment

Date on Market:

2026-05-18

Vaughan Multifamily for Sale

Property Subtype:

Apartment

Date on Market:

2026-05-15

Waterloo Multifamily for Sale - Western GGH

An exceptional opportunity to own a turnkey student rental property with a definite opportunity to increase rent as the tenants turnover, ideally situated within close proximity to two universities. This well-maintained building comprises four self-contained units across 20 bedrooms, purpose-built to meet the demands of the student rental market. Exceptionally well built and maintained, as soon as you view the building in person you can see how well this building was built. Each unit offers 5 generously proportioned bedrooms, expansive common areas, and two full bathrooms, providing the comfort and functionality today's student tenants expect. Every unit operates independently with its own furnace, central air conditioning, hot water heater, and in-suite laundry. Tenants pay their own hydro. Roof was just redone with extra income from the solar panels.

Property Subtype:

Apartment

Date on Market:

2026-05-15

Pickering Multifamily for Sale - Pickering/Ajax

Property Subtype:

Apartment

Date on Market:

2026-05-13

Burlington Multifamily for Sale - Oakville/Burlington

Property Subtype:

Apartment

Date on Market:

2026-05-13

Toronto Multifamily for Sale - East Toronto

3-Storey Apartment Building comprising of 20 Units in one of Toronto's most coveted neighbourhoods, The Beaches. Steps from vibrant greenspace, beaches and retail storefronts. Originally built in the 1920's, the property has undergone recent renovations and upgrades and presents a significant value enhancement opportunity with rental rate upside upon tenant turnover. 0.17 Acre site area. ~60% market rent upside. Limited near term cap-ex.

Property Subtype:

Apartment

Date on Market:

2026-05-13

Smiths Falls Multifamily for Sale - Northeast Ontario

Fully occupied freehold land-lease community with a 4.6% cap rate, stable in-place income, and long-term expansion potential. Situated on approximately 49 acres in a desirable rural setting just south of Smiths Falls and adjacent to the Smiths Falls Golf & Country Club, the property features 47 occupied pads, plus one larger park-owned home currently occupied by the property manager. The park-owned home includes an above-ground pool and a generous outdoor area, offering added operational flexibility and potential future utility for ownership. The community has a long history of full occupancy. In addition to stable in-place income, the site offers future growth potential, with owner materials identifying land for near-term expansion as well as substantial longer-term expansion area. Existing planning, environmental, and servicing materials, including historical site plans and wastewater servicing concepts, provide supporting information for buyers evaluating future phases. The community includes a mix of singlewide and doublewide homes, with several doublewides featuring permanent concrete basements. Convenient access to Smiths Falls and surrounding amenities further supports the property's appeal. Ideal for investors seeking durable cash flow with longer-term upside potential. Buyer to complete own due diligence regarding future development, servicing, and approvals.

Property Subtype:

Mobile Home Park

Date on Market:

2026-05-07

Sault Ste. Marie Multifamily for Sale

Welcome to 269 Goulais Avenue; rarely do these 8 unit purpose built apartment buildings hit the market! This well kept, fully rented building offers (6) 2 Bedroom Units and (2) 1 Bedroom Units. Updates to windows (2018), shingles (Approx 7-9 years old), fire doors,flooring, tiled sub surrounds and more! Excellent west end location has attracted great tenants. Coin laundry, storage lockers, and plenty of parking in paved parking lot. Contact your REALTOR® today!

Property Subtype:

Apartment

Date on Market:

2026-05-06

Toronto Multifamily for Sale - West Toronto

This well-maintained multi-residential property features a two-storey walk-up design with a lower level, comprising 10 spacious two-bedroom suites and 1 bachelor unit. Recent capital improvements include a new roof, helping to reduce near-term maintenance requirements and enhance long-term durability. The building offers ample on-site parking with 5 garages and 6 surface spaces, supported by convenient rear laneway access. Additional income is generated through on-site coin-operated laundry facilities, while separate metering for hydro, telephone, and cable supports efficient utility management. Residents benefit from well-appointed common areas featuring attractive terrazzo flooring, as well as individual lower-level storage lockers that add practical value. The property has obtained a 2025 fire safety certificate, providing confidence in regulatory compliance. With significant rental upside potential, this asset presents a compelling opportunity for investors to enhance income over time. Ideally situated in a well-established neighborhood, the property enjoys close proximity to York University, Hennick Humber Hospital, public transit, retail amenities, and schools.

Property Subtype:

Apartment

Date on Market:

2026-05-01

Toronto Multifamily for Sale - Scarborough

Property Subtype:

Apartment

Date on Market:

2026-04-24

Ottawa Multifamily for Sale - Centretown-Byward

ATTN INVESTORS!! Welcome to 108 Third Ave Unit 3 - A Prime Commercial Opportunity in the heart of the GLEBE. Discover this spacious 1947 sq ft commercial condo unit, currently tenant-occupied by Canada Post. Don't miss your chance to own a piece of commercial space in the highly south after are of the Glebe with a A+ tenant for a steady income stream!

Property Subtype:

Apartment

Date on Market:

2026-04-23

Hamilton Multifamily for Sale - Southern GGH

27 Bold Street represents an exceptional multifamily investment opportunity in Hamilton's most prestigious residential neighbourhood. This fully reconstructed 32-unit apartment building offers substantial rental upside potential, with current occupancy at 59.4% providing immediate leaseup opportunity alongside strong market fundamentals. Each unit features insuite washer/dryer connectivity, quartz countertops, stainless steel appliances, and updated bathrooms, positioning the asset at the premium end of the local market. Situated in the heart of the Durand neighbourhood, the property benefits from Hamilton's strongest residential location, offering residents walkable access to downtown Hamilton, GO Transit connectivity, major healthcare institutions, and the trendy Locke Street retail corridor. For investors, 27 Bold Street combines scale, location, and immediate value creation potential, supported by minimal capital requirements and strong rental fundamentals in Ontario's fastest growing secondary market.

Property Subtype:

Apartment

Date on Market:

2026-04-23

Ottawa Multifamily for Sale - Centretown-Byward

Turnkey 6-unit investment opportunity in a strong rental location with significant upside potential. This well-maintained building features 2 two-bed, 2 two-bed + den, and 2 one-bed units with a current gross income of $102,316.92 and NOI of $73,429.92. Recent capital improvements include a full roofing system replacement in 2025, extensive masonry repairs in 2025 including brick replacement, repointing and structural crack remediation, and front entrance landscaping and concrete work completed in 2024. The pride of ownership is evident throughout with meticulously maintained exterior, common areas and landscaping. Unit mix offers strong rental growth potential, with the most recent lease (Unit 3) achieving $2,000/month, highlighting upside on remaining two-bedroom units. The property includes 6 parking spaces and a garage currently used by the owner. A 2010 survey indicates potential for future development, with a large frontage and irregular lot allowing for reconfiguration of parking to unlock additional density. Additional value-add potential exists in the basement with storage and hydro meter rooms adjacent to Unit 1, offering the possibility of consolidation to enhance unit size or functionality. A rare opportunity to acquire a well-cared-for asset with both immediate income and long-term development potential.

Property Subtype:

Apartment

Date on Market:

2026-04-22

Toronto Multifamily for Sale - West Toronto

Royal LePage Commercial is pleased to offer for sale 70 Melbourne Avenue in the heart of Parkdale. This 17 unit property presents investors with a rare opportunity to acquire a tenanted, value-add, character apartment building with strong market positioning and significant income growth potential. 70 Melbourne Avenue is a 2-storey walk-up apartment building, that has been well-maintained, with key restorations completed between 2015 and 2025. The Property benefits from high tenant appeal, driven by its desirable location in the heart of West Toronto. Residents enjoy outstanding access to all major local amenities in a community with continued growth and revitalization. The Property is also within walking distance of Queen Street, a vibrant retail corridor with a wide array of amenities and street car access.

Property Subtype:

Apartment

Date on Market:

2026-04-21

Burlington Multifamily for Sale - Oakville/Burlington

Nestled in the heart of Burlington, 295 Plains Road West is a breathtaking Tudor-style masterpiece that seamlessly blends century-old elegance with a high-performance investment profile. This meticulously maintained residence offers a rare 5.65% cap rate, providing immediate cash flow and long-term stability in one of the region’s most coveted corridors. The expansive 50 x 177-foot lot houses an impressive interior featuring intricate original woodwork, leaded glass windows, and a versatile layout that currently operates as a premium triplex with significant upside—including a zoning exemption that allows for up to four units or the addition of a detached garden suite. Perfectly positioned just minutes from the Aldershot GO Station and the QEW, this property serves as both a trophy asset for the discerning investor and a luxurious retreat for those seeking the character of a historic estate with the financial benefits of a modern multi-residential powerhouse. **Note: Basement tenant will be vacating in May, Sellers are to refresh unit.

Property Subtype:

Multi Family

Date on Market:

2026-04-20