Apartment Buildings for Sale in Ontario

Toronto Multifamily for Sale - West Toronto

Development opportunity within the heart of Toronto's west Roncesvalles community. A two adjacent lot site located just south of Bloor and Dundas, with over 95 ft of "Major Street" frontage and situated on over 13,000 sq ft of land, makes this property an ideal redevelopment potential for purpose-built multi-residential. Located within Toronto's newly implemented Major Streets initiative, providing an as-of-right intensification, under the new performance standards, for up to 6 storeys and 60 units. This property is an ideal opportunity for any investors/developers looking to acquire a premium site for future development while at the same time benefiting from existing holding income. Currently, the site consists of two residential properties. Legal 4 plex and 2. A single-family detached home. Both properties combined have over 10,000 sq ft of living space with ample outdoor parking, strong financials and partially updated mechanicals and unit upgrades.

Property Subtype:

Multi Family

Date on Market:

2025-11-04

Beamsville Multifamily for Sale - Southern GGH

Property Subtype:

Apartment

Date on Market:

2025-11-04

Toronto Portfolio of properties for Sale - East Toronto

CBRE Limited (“CBRE”) is pleased to offer for sale 417 & 419 Pharmacy Avenue (the “Property” or “Site”), comprising of two apartment buildings (can be sold separately) that are 6-units each in City of Toronto. The offering is ideally situated in the Birchmount Park neighbourhood in Scarborough. Scarborough's population is steadily increasing, driven largely by immigration and affordable rental options. Despite economic fluctuations, rental demand in Scarborough tends to remain relatively stable due to its diverse opulation and proximity to educational institutions, employment centers, and transportation hubs. The Property is poised to capitalize on the areas numerous transit options including the Warden Subway Station along with the Scarborough GO Station, and the Eglinton LRT which provide excellent commute services to areas across the Greater Toronto Area. The neighborhood is also rich in amenities and services, surrounded by various commercial and retail strips including an array of local retailers, restaurants, bars, cafes and grocery stores, providing convenience for residents and workers in the neighbourhood. Local retail consists of many multicultural stores and restaurants along with major retailers spread out between the various shopping centres such as Eglinton Town Centre, Eglinton Square Shopping Centre, and Birchmount Plaza. Notable retailers and restaurants in the area include Mama’s Boys Burgers, Subway, Tim Hortons, and The Beer Store. There are also a number of parks and recreational facilities, including Dunlop Parkette, St. Clair Ravine Park, Birchmount Park, and Birchmount Community Centre. The neighbourhood also has several schools located within close proximity of the property that offer various types of general and specialized education, including arts-based, faith-based, and private schools.

Property Subtype:

Multi Family

Date on Market:

2025-11-04

Waterloo Multifamily for Sale - Western GGH

Well-maintained 11-unit multifamily property in a strong Waterloo location. Situated on a 0.35-acre lot, the building offers a practical suite mix of 6 one-bedroom and 5 two-bedroom apartments, appealing to a broad tenant base. The property features an attractive orange-brown brick exterior, complemented by mature trees at the front entrance that create a welcoming streetscape. Surface parking for tenants is conveniently located at the rear of the building. Inside, residents benefit from a shared laundry room, which also provides additional income for the owner. Located just a one-minute walk from a bus stop on Hazel Street, the property offers excellent transit access. Its central position places tenants within easy reach of Uptown Waterloo, Wilfrid Laurier University, the University of Waterloo, shopping, grocery stores, and restaurants. With its desirable unit mix, stable income, and convenient location, 422 Hazel Street presents a strong investment opportunity in a growing rental market.

Property Subtype:

Apartment

Date on Market:

2025-10-29

Toronto Multifamily for Sale - East Toronto

Introducing a well-maintained, income-producing multifamily investment in The Beaches. 1165 Kingston Road features 21 large one-bedroom units averaging 600–700 sq. ft., each offering generous layouts with separate living and dining spaces, decorative fireplaces, and abundant character. The property generates stable rental income, supplemented by parking stall fees and laundry revenue. Recent upgrades include most unit doors (2020–2022), hallway improvements, and ongoing suite renovations. Major building systems have been well cared for, with a roof replacement in 2009 and a boiler upgrade in 2017. Set on a 0.3-acre lot in a highly desirable stretch of Kingston Road, this asset benefits from strong tenant demand, nearby retail and dining, and excellent public transit connectivity to both the Danforth subway and Queen Street streetcar.

Property Subtype:

Apartment

Date on Market:

2025-10-29

Belleville Multifamily for Sale

3 buildings with 8 units total on prime WATERFRONT lot near downtown Belleville. Located directly on the Moira river, just steps from the waterfront trail. All units fully tenanted with reliable tenants. C3 zoning for potential redevelopment. Seller take back option for qualified buyer. Seller willing to consider all reasonable offers.

Property Subtype:

Apartment

Date on Market:

2025-10-27

Toronto Multifamily for Sale - West Toronto

Property Subtype:

Apartment

Date on Market:

2025-10-24

Cambridge Multifamily for Sale - Western GGH

Situated in the vibrant core of downtown Preston, this well-maintained mixed-use property presents a turnkey investment with strong, stable returns. The ground level offers approximately 4,000 sq. ft. of commercial space, currently leased to two long-standing tenants, ensuring consistent income. Above, the second floor features six fully occupied residential apartments, providing a diversified revenue stream. With all units leased and immediate income in place, this property is ideal for investors seeking a hassle-free asset in a thriving, amenity-rich location.

Property Subtype:

Apartment

Date on Market:

2025-10-23

Tillsonburg Multifamily for Sale

Beautifully maintained 7-unit multifamily property offering strong income and long-term investment stability. The building features a desirable unit mix of 1 three-bedroom, 1 two-bedroom, 2 one-bedroom, and 3 bachelor apartments, each thoughtfully updated between tenancies. One unit is currently vacant, providing an immediate opportunity to set new market rent or for flexible owner use. Ample on-site parking and a 2,200 sq.ft. insulated and heated detached garage/shop with plumbing add to the versatility of the property. The shop is currently owner-occupied but could be leased for hobby use, storage, or small business purposes (estimated at ~$2,500/month).The property sits on a 1.09-acre CH-zoned corner lot with dual road access, allowing for multiple future-use possibilities and income growth potential. Conveniently located along Highway 3 between Tillsonburg and Delhi, this is an excellent investment for those seeking a clean, well-managed asset with reliable tenants and upside potential.

Property Subtype:

Apartment

Date on Market:

2025-10-20

Burlington Multifamily for Sale - Oakville/Burlington

Condo Fee: $337.35 per month Taxes (2025): $5,639.76

Property Subtype:

Apartment

Date on Market:

2025-10-15

Ottawa Multifamily for Sale - East Central

Avison Young has been mandated to advise and manage the sale of 2491 Cleroux Cres., Ottawa, ON. This is an exceptional opportunity to acquire a renovated turnkey asset in an established rental market. - Total of 11 residential rental units - 7/8 townhomes fully renovated - Approximately 4.75% cap rate on in-place financials - 20 minute drive to Downtown Ottawa

Property Subtype:

Apartment

Date on Market:

2025-10-14

Sudbury Multifamily for Sale

Property Subtype:

Apartment

Date on Market:

2025-10-13

Hamilton Multifamily for Sale - Southern GGH

Fully stabilized turnkey building with attractive going-in yield (6% cap rate on asking price)

Property Subtype:

Apartment

Date on Market:

2025-10-08

Waterloo Multifamily for Sale - Western GGH

AAA Location!!! Less than 1 minute walk to the Universities...Deceivingly large, all bedrooms are above average in size, old house character and charm with an addition and updates, not your typical cookie cutter box. Renovated lower unit, very large backyard, lot's of outdoor space, 2 driveways with lot's of parking. Legal fourplex(no License or annual fee required), 15 students total. Always rented!!! Students love this building the two primary things that students are looking for is a nice clean apartment with a good size bedroom, 2nd is to get up and get to school fast with the lease amount of effort. This building has both.

Property Subtype:

Apartment

Date on Market:

2025-10-07

Toronto Multifamily for Sale - East Toronto

Property Subtype:

Apartment

Date on Market:

2025-09-26

Peterborough Portfolio of properties for Sale - Eastern GGH

An incredible opportunity to acquire an investment portfolio of 4 fully leased townhomes, centrally located in Peterborough's East End. Nestled in a quiet enclave of professionally managed condo townhomes, these 4 -3 bedroom towns are an ideal carefree investment yielding an average leveraged cap rate of 8.16%. Fully leased, this portfolio offers an easy turnkey opportunity to buy, hold and benefit from future rental growth and market appreciation. Each townhome has approximately 1500 sq ft of living space, a built-in garage, open concept living and dining areas, an eat-in kitchen, walkout to either main or lower level patios, 3 large bedrooms and 1.5-2 bathrooms. Note: pricing for each unit is based on a portfolio sale; individual pricing for units in a single sale will differ.

Property Subtype:

Multi Family

Date on Market:

2025-09-25

Ottawa Multifamily for Sale - East Central

Corner retail investment on Ottawa's Bank Street: three connected ground-floor commercial condo units totaling 1,416 sq. ft. with prominent corner exposure, open retail floorplan, broad storefront glazing, and dedicated sign boxes above each unit; on-site customer parking and a professionally managed condo setting support efficient operations and predictable carrying costs. Minutes to South Keys Shopping Centre and the Heron Bank retail corridor high-traffic destinations anchored by national brands (Walmart/Best Buy; Home Depot/Canadian Tire)with steady demand from Greenboro, Blossom Park, South Keys and Alta Vista, plus commuter flows via Hunt Club Road and Airport Parkway and established transit along Bank Street. The property is leased, generating stable annual income of approximately $47,500 net, with a two-year renewal option positioning this asset for durable cash flow today and sensible upside at rollover.

Property Subtype:

Apartment

Date on Market:

2025-09-25

Collingwood Portfolio of properties for Sale - Northern GGH

Power of Sale – Premier Redevelopment Opportunity in Downtown Collingwood An extraordinary chance to acquire five contiguous properties—160, 162, 170, 172 & 180 First Street—offering nearly 200 feet of prime frontage on Collingwood’s busiest corridor, with daily traffic volumes of approximately 25,000 vehicles. This high-visibility corner location presents unmatched exposure and long-term redevelopment potential under C-4 mixed-use zoning, ideal for investors, developers, or businesses seeking a flagship site. Options to sell separately: 160 First St - $1,649,000 162-180 First St - $1,990,000

Property Subtype:

Mixed Types

Date on Market:

2025-09-24

Ottawa Portfolio of properties for Sale - Tunney's Pasture

CBRE Limited is pleased to act as the exclusive advisor, and offer for sale, on behalf of the Owners, the property municipally known as 402, 406, 408, 410 Preston Street, Ottawa, Ontario (the “Property”).Nestled on the most active corner in the Little Italy community of Ottawa, the Property is an attractive opportunity for mid-density, mixed-use development, with interim holding income.The Property is currently improved with 4 buildings, operating as 4 residential units and an automotive repair shop on the corner. On the south end of the Property is a laneway that can accommodate as many as 4 cars.Little Italy and the Preston Street corridor is Ottawa’s most exciting neighborhood. The Ottawa Hospital is actively constructing its new Civic Hospital Campus a short distance south of the Property. The City of Ottawa opened the updated Trillium north/south LRT line in Q4-2024, with the Dow’s Lake station 3 blocks away from the Property, and the Ottawa Senators have announced the relocation of its arena to LeBreton Flats, at the north end of the Preston corridor. Continued gentrification to this already vibrant neighbourhood creates an amazing opportunity to join the momentum of the area with the purchase of the Property. The Property site area is approximately 9,762 square feet, with frontage of 100 feet along Preston Street, and a depth of 100 feet. The Property is being offered on a first come, first served basis at an asking price of $5,000,000.

Property Subtype:

Mixed Types

Date on Market:

2025-09-22

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 $9,800 in monthly rental income (~$118,000 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:

2025-09-21

Sault Ste. Marie Multifamily for Sale

Station 49 Apartments is a 102-suite, purpose-built multifamily asset located at 49 St. Mary’s River Drive in Sault Ste. Marie, Ontario. Offered at $11,640,000 (just $114,117 per unit), this investment presents a compelling opportunity to acquire scale in a stable Northern Ontario rental market with significant embedded upside. The property features a highly efficient unit mix, with 101 one-bedroom suites and 1 two-bedroom suite. It is professionally managed with steady turnover that supports rental growth. The asset generates additional revenue through laundry, parking, and air conditioning rentals, and has implemented cost-saving systems such as individual heating cost controls. With approximately 60% upside to market rents, robust historical turnover averaging 16.9% annually over the last three years, and recent capital improvements, Station 49 Apartments is well-positioned to deliver strong cash flow and long-term value growth for an active investor.

Property Subtype:

Apartment

Date on Market:

2025-09-09

Ottawa Multifamily for Sale - West Central

A golden opportunity in a high-demand infill location! This 66' x 121.47' lot (approx. 7,965 sq ft / 0.183 acres) is zoned R4N – Residential Fourth Density, permitting a wide range of residential building forms, including low-rise apartments and multi-unit dwellings. Potential for 9–10 Units! Tap into the strong rental and resale market with the possibility of building multiple residential units in a rapidly growing area.

Property Subtype:

Apartment

Date on Market:

2025-09-05

Oshawa Multifamily for Sale - Whitby/Oshawa

The property is conveniently located steps from Durham College & Ontario Tech University. Uptown Oshawa is a flourishing neighbourhood with great restaurants, shopping and parks. It provides students off-campus living, yet only a 5 minute walk to campus. Nearby amenities include Five Points Shopping Centre and the Oshawa Centre Mall.

Property Subtype:

Dormitory

Date on Market:

2025-09-05