Apartment Buildings for Sale in Ontario

Bowmanville Multifamily for Sale - Outlying Durham

Discover this rarely available income property positioned in the heart of historic Downtown Bowmanville. Perfectly located within walking distance of charming downtown amenities, including shops, restaurants, banks, schools, and the public library. Enjoy easy access to local transit and only a 3-minute drive to Hwy 401, providing seamless connectivity. The property features paved parking for 4+ vehicles and a deep, 172-foot lot with a 66-foot frontage, complemented by a generous backyard with mature shade trees. Currently tenanted and generating approximately $3,497 in monthly rental income, with an annual Net Operating Income of $23,000. Recent updates include a furnace replacement in Fall 2020, enhancing long-term value. This offering presents an outstanding opportunity to expand your real estate portfolio or launch into the income property market. Its location in a highly sought-after rental area creates excellent holding potential for future growth. Ideal for investors seeking a project or first-time buyers looking to offset mortgage costs with rental income. Property is being sold in “as-is” condition, with no representations or warranties by the seller. Flexible closing available. Situated in a well-established, high-density urban core—just 40 minutes from Yonge Street and Hwy 401—this property is a strong candidate for renovation and long-term investment success.

Property Subtype:

Apartment

Date on Market:

2026-04-20

Mississauga Multifamily for Sale - Mississauga South

This offering presents a unique investment opportunity along Mississauga’s Lakeshore corridor, featuring two addresses on a single lot within the Lakeview community. The property spans approximately 5,963 square feet and is zoned EC (Employment Commercial), providing flexibility for a range of uses including residential apartments and potential commercial applications. The surrounding area is undergoing significant revitalization, with mixed-use developments, retail amenities, and waterfront enhancements contributing to long-term value growth. Investors will appreciate the combination of stable income potential and redevelopment upside in a well-connected urban setting.

Property Subtype:

Apartment

Date on Market:

2026-04-10

Ottawa Multifamily for Sale - East Central

Located at 393 Codd’s Road in Ottawa, this well-positioned property offers an excellent leasing opportunity in a highly accessible and sought-after area. Featuring a functional layout and versatile space, the property is ideal for a wide range of commercial or professional uses. Its strategic location provides quick access to major arterial roads, public transit, and nearby amenities, ensuring convenience for staff and clients alike. Well maintained and professionally presented, this property delivers both visibility and practicality, making it an outstanding choice for businesses seeking a prime Ottawa address.

Property Subtype:

Apartment

Date on Market:

2026-04-09

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

Richmond Hill Multifamily for Sale - York

The space is fully air-conditioned and features forced-air natural gas heating, ensuring year-round comfort. Located within a modern mixed-use development, the property benefits from elevator access and underground parking available on a first-come, first-serve basis. Positioned in the North Richvale community, this location offers strong exposure along Yonge Street, one of the GTA’s most prominent commercial corridors, and is surrounded by a dense residential population and established retail amenities. With its adaptable configuration and prime location, this property is well-suited for owner-operators or investors seeking a foothold in a thriving commercial district.

Property Subtype:

Apartment

Date on Market:

2026-04-08

Toronto Multifamily for Sale - Downtown North

The property features 25 apartment units, including studio, one-bedroom, two-bedroom, and 1 commercial unit, delivering strong current income with clear and achievable upside potential. Investors will benefit from immediate cash flow and the opportunity to enhance returns through strategic rental growth.

Property Subtype:

Apartment

Date on Market:

2026-04-03

Richmond Hill Multifamily for Sale - York

Introducing 165 Colborne Avenue, a well-maintained 40-suite multifamily asset in the heart of Richmond Hill. Ideally positioned beside the Richmond Hill GO Station, the property offers exceptional commuter access to downtown Toronto and is surrounded by a broad mix of neighbourhood amenities including grocery, retail, and restaurants, all within walking distance. This 4-storey, purpose-built apartment building sits on 0.83 acres and features a diversified suite mix of bachelor, one-bedroom, two-bedroom, and three-bedroom units. With separately metered hydro, multiple ancillary income streams, and consistent capital upgrades, the property provides strong in-place stability and meaningful long-term value creation.

Property Subtype:

Apartment

Date on Market:

2026-04-03

Belleville Multifamily for Sale

This is a unique investment opportunity in one of Ontario’s most desirable recreational destinations. Encompassing nearly 9 acres with approximately 1,200 feet of pristine waterfront, this fully serviced seasonal RV park offers 52 established sites, including 30 premium waterfront locations, along with a separate two-bedroom, two-bath residence. Ideally situated in the Belleville/Foxboro area, the property is just 10 minutes from downtown Belleville and minutes from Highway 401, providing convenient access to Toronto, Ottawa, and Montreal. The park boasts a strong history of high occupancy and consistent performance, making it an attractive option for investors seeking stable income and long-term growth potential. Beyond its operational strength, the property delivers exceptional lifestyle appeal with a welcoming, village-like setting, scenic landscapes, and stunning water views. This is a turnkey business opportunity with room for expansion, positioned to capitalize on the growing demand for seasonal and recreational accommodations in Ontario’s thriving leisure market.

Property Subtype:

Mobile Home Park

Date on Market:

2026-04-02

Toronto Multifamily for Sale - Midtown

Professional commercial suite available at 2900 Yonge St, offering a functional and efficiently designed space in a prime Midtown Toronto location. Fully renovated throughout, the unit features ceiling heights ranging from approximately 9 to 14 feet, modern lighting, and a layout well-suited for a variety of professional and service-based uses. The space includes water rough-ins for potential medical or dental applications, and is also ideal for legal, accounting, real estate, consulting, or wellness practices. Direct access from Yonge Street provides strong visibility and convenient client entry. Additional features include 2+1 parking spaces, in-suite laundry, and a 3-piece bathroom, supporting day-to-day operational needs for both staff and clients. Located within a mixed-use building with 72 residential units above, the property benefits from consistent on-site and area traffic, as well as immediate access to transit and surrounding amenities. Zoned CR3 with site-specific provisions (buyer to verify permitted uses). Suitable for end-users or investors seeking a well-located, move-in ready commercial unit with flexible use potential.

Property Subtype:

Apartment

Date on Market:

2026-03-31

Ottawa Multifamily for Sale - Centretown-Byward

$13M CMHC-insured 3.75% 40 year assumable Mortgage - A rare opportunity to acquire a purpose-built 40-unit building in the heart of Sandy Hill, within downtown Ottawa, delivering an impressive NOI of $715,980 and a major built-in value-add. Included with the offering is an approved, permit-ready addition directly beside the existing building, allowing for the development of 18 additional units, a future expansion opportunity exceptionally hard to find in today's market. All suites have been fully renovated since 2020, and along with the modernized finishes, unit layouts were thoughtfully optimized to improve livability and long-term rental performance. Previous ownership also completed substantial infrastructure upgrades, including hydro vault (2006), elevator rebuild to new (2010), roof (2012), lobby doors (2012), dual boilers (2014), and balcony updates (2015). These capital improvements significantly reduce near-term maintenance exposure while supporting premium furnished rents. The building offers a desirable mix of studio, one-bedroom, and two-bedroom suites, all fully furnished and with utilities included, attracting a strong and dependable tenant base of young professionals and students. Located along Laurier Avenue, the property benefits from unmatched proximity to downtown amenities, Ottawa University, government offices, and major transit corridors, making these units consistently easy to lease. This is a high-performing, centrally located multi-residential asset with a dynamic tenant pool, fully updated interiors, substantial capital improvements, and a shovel-ready expansion opportunity.

Property Subtype:

Apartment

Date on Market:

2026-03-26

Ottawa Portfolio of properties for Sale - East Central

Positioned within a well-connected area, the properties are just minutes from downtown Ottawa, the University of Ottawa, and Parliament Hill, making them attractive for both long-term rental demand and redevelopment potential. Public transportation options, including bus routes and VIA Rail connections, are easily accessible, and Ottawa International Airport is approximately 10 miles away. With appraisals completed in 2022 and strong upside for rent growth, these properties offer investors a compelling opportunity to secure income-producing assets in a high-demand urban market.

Property Subtype:

Multi Family

Date on Market:

2026-03-23

St Catharines Multifamily for Sale - Southern GGH

Presenting 17-19 Collier Street, a beautifully renovated 32-unit multifamily property in the heart of St. Catharines, Ontario. This 1.09-acre, four-storey building combines modern amenities with an ideal location, making it an excellent investment opportunity. Built in 1951 and fully updated in 2022-2023, the property offers a balanced suite mix of 15 one-bedroom and 17 two-bedroom units, each designed with contemporary comforts and quality finishes. Each unit features an open-concept living space with a modern kitchen equipped with quartz-style countertops, a stylish tile backsplash, and a spacious island ideal for dining. Brand-new flooring runs throughout, and bathrooms have been updated to include full-sized baths with tiled surrounds. Tenants enjoy personalized comfort with individual heat controls and energy-efficient windows, while on-site laundry facilities add convenience and generate supplemental income. Six rentable storage lockers offer additional income potential. Located conveniently near Highway 406, this property offers quick access to the rest of the Niagara Region, and Toronto. With a projected Year 1 NOI of $481,606, this property promises both current income and future growth in a prime location.

Property Subtype:

Apartment

Date on Market:

2026-03-20

Toronto Multifamily for Sale - Midtown

Outstanding two-storey detached home in the highly desirable Deer Park neighbourhood. The property currently comprises three self-contained apartments, offering a range of possibilities for prospective buyers. Significant opportunity to convert the residence into a single-family home, tailoring it to your specific needs. Convenience is at your doorstep, with both Davisville and St Clair subway stations just a short walk away, within easy walking distance to excellent schools such as Upper Canada College (UCC), BSS, Deer Park, and Brown. P.S. Additionally, the vibrant shops, restaurants, and cafes along Yonge Street are steps from the property, providing ample amenities and entertainment options. Each apartment unit boasts spacious living areas, separate dining rooms, and two generous bedrooms. Updated kitchens and ensuite laundry facilities add modern convenience. The main and second-floor units feature elegant hardwood flooring, while the lower-level unit is finished with durable laminate. These thoughtful details enhance comfort and style throughout the home. The property presents various opportunities: continue using it as an income-producing home; convert it to a single-family residence, or live in home as an investment property. Private driveway and two-car garage add to the property's appeal by providing practical parking and storage solutions.

Property Subtype:

Multi Family

Date on Market:

2026-03-17

Hamilton Multifamily for Sale - Southern GGH

Property Subtype:

Apartment

Date on Market:

2026-03-17

Ottawa Multifamily for Sale - Centretown-Byward

Two adjacent 7-unit walk-up apartment buildings operated as a single, cohesive asset, offering streamlined management, simplified financing, efficient tax administration, and enhanced exit flexibility. This structure delivers immediate scale for private capital or family office investors while preserving the operational ease, lower regulatory exposure, and hands-on efficiency associated with non-portfolio multifamily ownership.

Property Subtype:

Apartment

Date on Market:

2026-03-06

Toronto Multifamily for Sale - West Toronto

This very profitable legal apartment building comprises ten well-maintained units, strategically situated just two minutes away from Humber College. Its prime location makes it a highly desirable investment for those seeking strong returns and stable demand. The property offers versatility in management, as it can be operated either as a traditional rental or as an Airbnb business. This flexibility provides potential owners with the opportunity to choose the model that best suits their investment strategy and market conditions. The current tenant baseis primarily composed of Humber College students. This revolving tenancy ensures a steady influx of occupants, contributing to the building's consistent profitability year after year. Significant renovations were completed in 2017 and 2019, resulting in the building being in excellent condition. These upgrades have enhanced the property's appeal and ensured that all units meet modern standards. The building is equipped with advanced security and safety amenities, including: Keyless/Keyscan access for secure entry; API fire monitoring system; 24/7 security cameras installed throughout the premises; LED lighting for improved visibility and energy efficiency. A new roof was installed in 2017, providing long-term durability and protection. Additionally, the building features a tankless boiler system, ensuring efficient heating and optimal energy usage for all tenants. The units have separate meters (7 existing and 4 approved).

Property Subtype:

Dormitory

Date on Market:

2026-02-05

Port Hope Multifamily for Sale - Eastern GGH

CBRE Limited is pleased to offer a well maintained mixed-use commercial/residential building located in the Heart of Port Hope. The building features 5 commercial units and 16 residential units. Updated Environmental reports completed. The property features a surplus of on-site parking and surrounded by great national and local retailers. New commercial leasing completed. Price Offered at a 7%+ Cap Rate.

Property Subtype:

Apartment

Date on Market:

2026-01-29

Toronto Multifamily for Sale - Midtown

128 Pears Avenue offers a rare opportunity to own a freehold commercial building in one of Toronto’s most prestigious neighborhoods. Nestled between Yorkville and the Annex, this property combines the sophistication of high-end retail with the charm of a vibrant residential community. The building spans three levels, featuring a mix of private offices, open workspaces, and a large boardroom, complemented by a third-floor balcony that enhances the appeal for professional or medical users. Positioned steps from Avenue Road and Dupont Street, the property provides unmatched connectivity to Toronto’s cultural and business hubs. Yorkville is internationally recognized as a top-tier shopping destination, boasting luxury retailers and fine dining, while the Annex offers a lively mix of independent businesses and residential character. Nearby, Designers Walk adds further prestige, housing Canada’s leading interior design showrooms and architecture firms. This asset is ideal for investors or owner-users seeking a strategic location with strong demographic appeal and proximity to premium amenities. Immediate availability ensures a seamless transition for businesses looking to establish a presence in Toronto’s most desirable corridor.

Property Subtype:

Apartment

Date on Market:

2026-01-13

Brampton Multifamily for Sale

An exceptional opportunity to own a live-and-work freehold property in the highly sought-after Credit Valley community of Brampton. The unique Property offers the prefect blend of residential potential. Prime Location: Nestled near Bonnie Braes Drive & James Potter Road, Surrounded by Premium homes in a high-demand neighbourhood - with no nearby commercial plaza competition. Dual Units: Features a spacious residential area plus a fully self contained Commercial office unit with its own street frontage for maximum visibility. Separate Entrance for Residential and commercial units ensure privacy and independent operation. Exceptional Accessibility: Close to top rated schools, public transit, parks, shopping, and major roadways for effortless commuting. High Rental Potential, making it a turnkey investment opportunity. Versatile Business Use: Zoned for multiple permitted business types, perfect for offices, studios or service based businesses. Bright, Well-Maintained Interiors with Large windows and abundant natural light. Excellent Condition, Ready for both living and working without any additional upgrades.

Property Subtype:

Apartment

Date on Market:

2026-01-09

London Multifamily for Sale

Situated at 380 - 390 Princess Avenue in London, Ontario, this multifamily property offers an exceptional investment opportunity. Comprising of 88 units across two buildings constructed in 2010 and 2017, this asset stands in excellent condition and is expected to generate a strong Year 1 NOI of $403,377. In addition to traditional rental income, the property benefits from additional revenue streams through parking rentals and laundry facilities, enhancing its cash flow profile. The property is supported by Municipal Contribution Agreements with the City of London providing about $9.25 million in forgivable municipal contributions. These are 0 percent-interest funding agreements, secured by City charges on title, and forgiven over 25 years while affordability requirements are met. They are not loans, debt, or purchaser equity. With City consent, a buyer may assume the agreements so the funding stays on title without payout. 390 Princess affordability runs to September 30 2035, with market rents permitted on turnover beginning in 2030. 380 Princess affordability runs to May 31 2042 with market rents permitted on turnover beginning in 2037. This long-term commitment not only aligns with municipal incentives for affordable housing but also secures ongoing support from the city, making the investment both financially and socially rewarding. Located in a thriving area of London, this property offers immediate cash flow, minimal capital expenditure needs, and long-term value in a market known for steady tenant demand and growth potential. This is a rare, high-value investment with robust financial benefits and strong city backing, ideal for investors seeking both profitability and positive community impact.

Property Subtype:

Apartment

Date on Market:

2026-01-06

Port Colborne Multifamily for Sale - Southern GGH

This unique property features three separate units plus a two storey garage, providing versatility and potential for various living arrangements. Whether you're looking for a multi-generational home, an income-generating investment, or a combination of both. The triplex is comprised of 1-3 bedroom and 2-2 bedroom units. Situated in a well established neighbourhood a stones throw away from the Vale Centre, elementary schools, Main Street E shops and restaurants, and the Hwy 140 and Hwy 3 access. This is your chance to invest in your real estate portfolio. Make improvements at your own pace, all while enjoying the financial stability provided by existing tenants. Don't miss out on this unique opportunity to blend immediate returns with the potential for future appreciation.

Property Subtype:

Apartment

Date on Market:

2026-01-02

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

Property Subtype:

Apartment

Date on Market:

2025-12-16

Toronto Multifamily for Sale - East Toronto

Property Subtype:

Apartment

Date on Market:

2025-12-15