Apartment Buildings for Sale in Ontario

Burlington Multifamily for Sale - Oakville/Burlington

Property Subtype:

Apartment

Date on Market:

2026-05-13

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

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

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

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

Prince Edward Multifamily for Sale

Sunset Lagoon offers an exceptional opportunity to acquire a premier 95-site seasonal waterfront campground in the thriving Prince Edward County market. Positioned along the protected shores of Wellers Bay on the Loyalist Parkway, this stabilized asset delivers strong occupancy and recurring income, providing immediate, recession-resistant cash flow. The turnkey operation includes fully serviced sites with 30-amp power, water, and septic, complemented by a private concrete boat launch, sandy beach, and modern amenity buildings. Its prime location places guests just minutes from world-class wineries and the renowned Sandbanks Provincial Park, ensuring consistent demand and a strong tourism draw. With opportunities for revenue growth through rate optimization, premium glamping accommodations, additional site development, or park-model cottage conversions (subject to approvals), Sunset Lagoon represents an institutional-grade land-bank investment in one of Ontario’s most sought-after recreational destinations.

Property Subtype:

Mobile Home Park

Date on Market:

2026-04-02

London Multifamily for Sale

Located in the heart of the historic Woodfield District, 367 Princess Avenue offers a rare opportunity to own a high-performing investment property in one of London's most coveted heritage neighborhoods. This classic brick four-plex seamlessly blends the architectural charm of Old London with the steady cash flow potential of a multi-unit residential asset. All four units feature spacious 2-bedroom layouts, appealing to a broad tenant base and supporting strong, consistent rental demand. Situated on a quiet, tree-lined stretch of Princess Avenue, this property is just steps from the gates of Victoria Park, downtown offices, and the vibrant Richmond Row shopping and restaurant district. The building maintains its stately presence with traditional yellow-brick masonry and large, bright windows characteristic of the area's historic "Victorian-lite" architecture.

Property Subtype:

Apartment

Date on Market:

2026-04-01

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

Brantford Multifamily for Sale - Western GGH

Property Subtype:

Apartment

Date on Market:

2026-03-27

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

Ottawa Multifamily for Sale - Centretown-Byward

122–124 Cobourg Street presents a rare opportunity to acquire a 14-unit multifamily asset in Ottawa’s Lowertown / Sandy Hill neighbourhood, offering a compelling combination of in-place stability and near-term income growth. The property is currently in an active leasing and turnover cycle, with multiple units recently leased or scheduled for occupancy, supporting continued stabilization and rent optimization. Recent leasing activity includes new tenants in key units and strong demand for upcoming vacancies, with select suites generating multiple showings per week. Approximately 50% of the units have been renovated and are achieving market rents, while the remaining units provide a clear and executable mark-to-market opportunity through natural tenant turnover and targeted interior improvements. Additional value is being created through approximately $65,000 in insurance-funded capital improvements across select units, allowing for further rent growth without additional capital outlay. The asset benefits from CMHC MLI Select-insured financing, offering a 40-year amortization and a maximum interest rate of 4.50%, which may be assumable subject to lender approval. Strategically located steps from the ByWard Market, University of Ottawa, and major employment hubs, the property is well-positioned to attract students, young professionals, and government tenants, supporting long-term rental demand and occupancy stability. This offering provides investors with a stabilized income base and a clear path to NOI growth through a capital-light, unit-by-unit repositioning strategy.

Property Subtype:

Apartment

Date on Market:

2026-03-06

Toronto Multifamily for Sale - West Toronto

Presenting 336 Clinton Street- a prime investment opportunity in the heart of Toronto's highly desirable Palmerston-Little Italy neighborhood. This fully leased, turnkey rental property features a balanced mix of one-bedroom and two-bedroom units across 17 well maintained apartments in pristine condition. The building is professionally managed; offerings table and consistent cash flow with significant upside through future turnovers and the availability of an additional unit for conversion. Located just steps from Bloor Street, Christie TTC, and Korea Town, the property boasts a 97 Walk Score and 100 Transit Score. Residents enjoy easy access to transit, top-tier dining, shopping, and the vibrant culture of one of Toronto's most dynamic communities. The property possesses an underutilized parking lot, presenting exceptional infill development potential for investors looking to unlock intrinsic value. Surrounded by mature residential streets and ongoing urban revitalization, 336 Clinton is perfectly positioned for both steady income and strategic redevelopment. Development upside by adding additional towns. Don't miss this rare opportunity to own a turnkey asset with built-in growth in Toronto's competitive rental market.

Property Subtype:

Apartment

Date on Market:

2026-03-05

Ottawa Multifamily for Sale - East Central

Property Subtype:

Apartment

Date on Market:

2026-02-26

Toronto Multifamily for Sale - West Toronto

Legal triplex located in the Junction-Wallace pocket of West Toronto. Take advantage of this well-maintained and vacant property to place new market-rent paying tenants with the potential to earn over 7% on invested capital. Walking distance to Lansdowne station and Bloordale village, and a walk score of 91, makes this legal triplex easy to rent. This well-maintained property comprises three two-bedroom units featuring bright interiors, hardwood flooring, private entrances, and access to a rear yard. With no existing tenancies, the property offers a true blank slate for leasing at current market rents, repositioning through upgrades, or holding as a turnkey income asset. Located in a well-connected area with exceptional walkability to shops, restaurants, community centres, and schools, the property benefits from strong and consistent tenant demand. This unique investment opportunity is ideal for investors seeking reliable rental cash flow, long-term stability, and portfolio diversification. Seller is a Registered Real Estate Agent (RREA).

Property Subtype:

Multi Family

Date on Market:

2026-02-12

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