Apartment Buildings for Sale in Ontario

Deep River Multifamily for Sale - Northeast Ontario

This well-maintained, fully condominiumized building features a highly desirable mix of 13 two-bedroom and 10 three-bedroom units, each offering spacious layouts that appeal to families and quality tenants. All units have been nicely renovated and maintained, with modern kitchens, stainless steel appliances, contemporary bathrooms, and in-suite washer and dryer facilities — a key amenity that enhances tenant convenience and strengthens the building’s market position. The property also offers ample outdoor surface parking, meeting the needs of residents in this suburban setting. As part of Renfrew Standard Condominium Corporation #13, 27 Tamarack Street provides purchasers with the unique flexibility to sell units individually over time or continue to operate the building as a traditional rental apartment. The property is currently governed by a self-managed maintenance agreement with the condominium board, allowing the owner to directly control day-to-day maintenance and core operating costs. Offering a projected Year 1 NOI of $337,074, this asset is available at a compelling 5.62% cap rate, presenting investors with immediate cash flow and long-term stability in a market characterized by low vacancy and limited rental supply. Strategically located within close proximity to schools, parks, shopping, and healthcare facilities, 27 Tamarack Street is well-positioned to benefit from sustained tenant demand and minimal competition. This is an ideal acquisition for investors seeking scale, strong in-place income, and optionally in a quiet, high quality community.

Property Subtype:

Apartment

Date on Market:

2025-06-10

Kingston Multifamily for Sale - Greater Kingston

Centrally located in Kingston's historic downtown, 272 Wellington Street offers 937.09 sq. ft. of above-grade space currently configured as professional office use, with the potential for residential conversion. The layout includes three large open work area/ offices on the ground floor, 3-piece bathroom, and two generously sized offices/bedrooms on the second level. This well-suited building is zoned DT2 (Downtown Commercial) which allows for a variety of live-work or adaptive office/retail ese applications and permits a residential use. Bright, well-maintained, and within walking distance to Market Square, City Hall, and the waterfront, this property presents a rare opportunity to invest in flexible, centrally located space in one of Kingston's most vibrant neighborhoods.

Property Subtype:

Apartment

Date on Market:

2025-06-04

Fort Erie Multifamily for Sale - Southern GGH

LIVE ON THE MAIN FLOOR, WITH AN INLAW APARTMENT WITH A SEPERATE & PRIVATE ENTRANCE WHILE COLLECTING RENT FROM THE 2ND FLOOR APARMENT. "A COMPLETE MAKEOVER" TOTALY RENOVATED FROM TOP TO BOTTOM, THIS DUPLEX WITH A TWO BEDROOM INLAW SUITE, A SPACIOUS ATTACHED DOUBLE CAR GARAGE WITH A FINISHED DRIVEWAY. LOCATION OFFERS CONVENIENCE TO ALL AMEMITIES, SHOPPING, BUS ROUTE, QEW HIGHWAY, MINUTES FROM THE NIAGARA RIVER, GOLF COURSES, BUFFALO & NIAGARA FALLS. WITH ONLY MINUTES TO THE NOW UNDER CONSTRUCTION NIAGARA HOSPITAL.

Property Subtype:

Apartment

Date on Market:

2025-06-02

Toronto Multifamily for Sale - Downtown North

Water Hookup Available - Not All Units Have Water Hookup.

Property Subtype:

Apartment

Date on Market:

2025-05-28

Toronto Multifamily for Sale - Downtown East

Incredible location in a bourgeoning neighbourhood. The " east end " is quickly developing into a highly sought after area with king east, saint Lawrence market & the financial district all within close proximity. Excellent location for all kind of uses . currently leased to a franchise desert and Juice bar . Tenant has 2 more years remaining in the current lease . potential to increase income lot's of foot traffic and very busy area . unit comes with 1 Parking and locker.

Property Subtype:

Apartment

Date on Market:

2025-05-15

Toronto Multifamily for Sale - 427 Corridor

Property Subtype:

Apartment

Date on Market:

2025-05-14

Toronto Multifamily for Sale - 427 Corridor

Property Subtype:

Apartment

Date on Market:

2025-05-14

Toronto Multifamily for Sale - King/Dufferin

Stunning office condo for sale or lease.

Property Subtype:

Apartment

Date on Market:

2025-04-25

Cambridge Multifamily for Sale - Western GGH

An excellent investment opportunity in the highly desirable East Galt neighborhood of Cambridge, Ontario. This legal non-conforming 6-plex is fully rented, offering steady income with separate hydro meters for each unit. Tenants will enjoy the convenience of coin-operated laundry facilities on-site and a beautifully landscaped backyard with ample parking for residents. Situated close to a wide range of amenities, this well-maintained property is a perfect addition to any investment portfolio.

Property Subtype:

Apartment

Date on Market:

2025-03-13

St Thomas Multifamily for Sale

THIS 6-UNIT APARTMENT IS A RARE FIND. PURPOSE BUILT WITH CONCRETE FLOORS AND EXTERIOR WALLS, EVERY UNIT IS A COMPLETE FIREBOX. LOCATED DIRECTLY ACROSS FROM THE ELGIN MALL. UPDATED UNITS HAVE STAINLESS STELL APPLICANCES, LAMINA TE FLOORING THROUGHOUT, PLANK PORELAIN TILING IN THE BATH AND PORCELAIN TILING IN THE KITCHENS. ALL WOOD TRIM AND DOORS. COIN-OPERATED LAUNDRY CONVENIENTLY LOCATED ON THE LOWER LEVEL. EACH UNIT HAS ITS OWN WATER HEATER AND IS SEPARATELY METERED FOR HYDRO

Property Subtype:

Apartment

Date on Market:

2025-03-11

Toronto Multifamily for Sale - Midtown

The Property offers a prime location in Toronto’s preeminent fashion and lifestyle neighbourhood, where retail activity is at an all-time high, with minimal retail vacancy

Property Subtype:

Apartment

Date on Market:

2025-02-26

Waterloo Multifamily for Sale - Western GGH

Newly built Sage Condos offers stunning features and designer details with hotel-style amenities.

Property Subtype:

Apartment

Date on Market:

2025-02-25

Mississauga Multifamily for Sale - City Centre

Attention all Investors. Welcome to 1 Elm, a fully leased commercial condo located in The Square One District of Mississauga. Long term tenant in place and great rental income tied to the asset. Located steps away from the Hazel McCallion LRT Line, the long term potential of this property is fantastic. With a 100% walking score and more density being added to the area, this is a must see opportunity.

Property Subtype:

Apartment

Date on Market:

2025-02-14

Lanark Multifamily for Sale - Northeast Ontario

LANARK 4-PLEX GROSSING $41,780. INDIVIDUAL RENTS ARE (1) $721.11 (2) 1,023.04 (3) $637.53 (4) $1,100- VACANT. EXPENSES; TAXES= $2,510 INSURANCE= $3,520 HYDRO= $600 PROPANE= $1,400 TOTAL EXPENSES= $8,030/YEARLY. NET OPERATING INCOME= $33,750 STEEL ROOF, ALL TENANTS PAY THEIR OWN HYDRO/HEAT, PROPANE HOT WATER TANK, FULL BASEMENT FOR STORAGE, COPPER WIRING W/BREAKER PANELS, NEWER WATER PRESSURE TANK, HARDWOOD FLOORS, LANARK HAS THE HIGHEST RETURN ON INCOME PROPERTIES IN LANARK COUNTY, LOCATED JUST 45 MINUTES FROM DOWNTOWN OTTAWA, 10 MILES NORTH OF PERTH, 20 MINS WEST OF CARLETON PLACE, LANARK HAS A PIZZERIA & CHIPSTAND(S) & GROCERY STORE & GAS STATION & LIBRARY & TOWNHALL, MORE & MORE OTTAWA BUYERS ARE BUYING IN LANARK DRIVING PRICES UP, BUY BEFORE VALUES SKYROCKET.

Property Subtype:

Apartment

Date on Market:

2025-02-12

Toronto Multifamily for Sale - West Toronto

Property Subtype:

Apartment

Date on Market:

2025-02-07

Toronto Multifamily for Sale - Midtown

1039 Bathurst Street is a fully renovated semi-detached, 3-storey brick Victorian home located in the heart of The Annex. Originally constructed in 1910, the property is situated on a 1,485 sq. ft. lot and was comprehensively modernized in 2018 to create a boutique multi-residential asset. The building now contains 12 compact bachelor suites, reconfigured from its original three-unit layout. The unit mix includes four suites in the basement, three on the main floor, three on the second floor, and two on the third floor. Each suite offers a combined living/sleeping area, kitchenette, and a 3- piece washroom. Select basement units are equipped with Murphy beds, while third-floor suites feature sloped ceilings and private rooftop deck access. The property is accessible through five separate exterior entrances, including a newly constructed stairwell. Each unit is finished with durable engineered laminate or ceramic tile flooring, freshly painted drywall, modern cabinetry, and compact under-counter refrigerators. The property also incorporates a range of energy-efficient upgrades, including low-flow toilets and showerheads, helping to reduce utility consumption and support long-term operational efficiency. Located in The Annex, 1039 Bathurst Street offers excellent transit connectivity and walkability in one of Toronto’s most accessible neighbourhoods. The property is an 8-minute walk to Bathurst Subway Station, providing direct access across the Bloor-Danforth corridor, and is also served by the 511 Bathurst TTC streetcar, running north-south. The immediate area is highly walkable, with local services, grocery stores, and retail amenities all easily accessible, supporting strong tenant appeal. 1039 Bathurst has easy access to the downtown core and multiple postsecondary school campuses. The 3 institutions combined have over 120,000 students enrolled.

Property Subtype:

Apartment

Date on Market:

2025-01-30

Toronto Multifamily for Sale - East Toronto

Purpose-built, three-level multi-residential building comprising of 12 1-bedroom apartments with one commercial restaurant space on the ground floor.

Property Subtype:

Apartment

Date on Market:

2025-01-30

Toronto Multifamily for Sale - Oakville/Burlington

Property Subtype:

Apartment

Date on Market:

2025-01-24

Toronto Multifamily for Sale - East Toronto

Positioned at the base of a newly completed luxury townhome development in Toronto’s thriving East end, 1495 & 1503 O’Connor Drive offer two right-sized commercial condo units ideal for investors or end-users. Each unit spans 920 sq. ft. and features soaring 14.8 ft. ceilings, expansive windows, and sleek modern facades that elevate the street presence. Located just steps from the upcoming Eglinton Crosstown LRT and minutes from the Don Valley Parkway, the property enjoys exceptional connectivity to downtown Toronto and surrounding neighborhoods. The surrounding area is undergoing rapid transformation, with proximity to Eglinton Square, the Golden Mile, and The Danforth contributing to strong foot traffic and retail synergy. These units are well-suited for a variety of uses including medical, food service, boutique retail, or professional office space. Underground parking is available for purchase, and nine shared visitor/commercial stalls are located behind the building. With an average household income of $94,423 and a population of over 160,000 within a 5 km radius, the demographic profile supports a wide range of commercial tenants. This is a rare opportunity to own premium commercial space in a high-growth corridor with immediate occupancy.

Property Subtype:

Apartment

Date on Market:

2025-01-08

Innisfil Multifamily for Sale - Northern GGH

Enter an exceptional investment opportunity located in the heart of Innisfil, one of Ontario's fastest-growing communities. This property offers a rare chance to establish a foothold in a burgeoning real estate market. Recently built, it features 7 residential units and 1 commercial unit, currently generating substantial rental income, making it a robust investment. Additionally, with preliminary municipal approval for an additional 12 units, the potential expands to a total of 20 units, poised for lucrative rental returns or development. Strategically positioned amidst Innisfil's expanding landscape, this property serves as a gateway for investors looking to capitalize on the town's thriving economy and growing population. Its prime location, just minutes from Barrie and less than an hour from Toronto, appeals to commuters and families alike, driving demand for high-quality housing options. The opportunity to add 12 more units opens doors to diverse possibilities, whether expanding the existing rental portfolio or pursuing new development ventures. Residents enjoy easy access to recreational activities such as boating, fishing, hiking, and golf, blending urban convenience with natural beauty. Backed by the municipality's proactive support for further development and infrastructure improvements including transportation upgrades and expanded commercial facilities investing in Innisfil promises not only immediate returns but also long-term appreciation and prosperity. Whether you're a seasoned investor seeking portfolio diversification or an astute entrepreneur with an eye for opportunity, this property offers an ideal platform to realize your vision and maximize returns in Innisfil's dynamic real estate market. Buyer encouraged to pursue CMHC lending opportunity through MLI Select product. *Complete iGuide interior virtual tour and building plans available by request.*

Property Subtype:

Apartment

Date on Market:

2024-12-26

Belleville Multifamily for Sale

Very rarely does a flawlessly renovated building that contains not one, but two incredible businesses become available for sale. This 6700 square foot building contains not only one of the most well known restaurants in the Quinte area, but also a successful short term rental business known as the L'Auberge de France Inn. The first floor is home to a 34 seat gourmet restaurant and bakery known as L'Auberge de France that has a thriving dine-in and takeaway business. A bustling front patio in the summertime, which increases the number of seats to 58 , is regularly filled at lunch time and on weekends. Multiple income streams are derived from dine-in, take out, two large freezer cases for make-at-home dinners, wine sales, and a thriving online order business. In recent years, as the owner has begun to think about retirement, the restaurant's schedule has been reduced to 4 days a week. This represents a HUGE UPSIDE OPPORTUNITY for someone who wants to open in the evenings for dinner, stay open on additional weekdays, or cater events. One only needs to stop by during any lunch hour or Saturday morning to see the huge demand for additional hours that is present here among a large and loyal customer base. The layout of the main kitchen and the lengthy list of equipment included in this sale is a restaurateurs dream. An open concept layout lets the dining room and the Chef's kitchen blend seamlessly and function at maximum efficiency. The top two floors have been transformed into a two bedroom, two bath, 4000 sq ft one a kind AirBnb is currently booking into March 2025. As with the rest of the building, the seller undertook a full renovation down to the studs that has resulted in the creation of a one of a kind space that will provide income for years to come. On the West side of the third floor there is 572 sq ft of additional space with its own private entrance that could potentially be converted into a second AirBnb or an owners suite. *Check out the HD virtual tour* **** EXTRAS **** *A detailed info package that includes financials, projections, a full list of equipment, a breakdown of sales, etc., is available after a standard confidentiality agreement is signed

Property Subtype:

Apartment

Date on Market:

2024-12-13

Toronto Multifamily for Sale - West Toronto

Current market rental price could generate monthly income up to 210k

Property Subtype:

Apartment

Date on Market:

2024-11-28

Welland Multifamily for Sale - Southern GGH

Calling all savvy investors!! 5-Plex with ability to add more units or use the existing autoshop with hoist!! Entire building has a metal roof so no up-keep needed. Shop can easily be turned into 3 more units at least or can add revenue by renting out as a shop with office space and a two piece bathroom. Current 5 unit apartment building with spacious apartments and mostly renovated throughout. All 6 Hot water heaters are owned and replaced in 2022. Room measurements for all units available upon request. No interior photos of units as per tenants request. Each unit is spacious and offers nice floor plan with high ceilings on main floor. Individually metered units for Hydro, Coin Laundry on Site. All units have own panel box in their units. Building also offers interconnected smoke alarms in common areas. Basement is very large and was waterproofed from the inside fully by Wisecracks 2010, and offers potential for personal use or can add additional storage lockers to tenants for an additional income stream or rent out basement separately for storage and add to the NOI (Net Operating Income). Showings will only be Wednesday from 11 - 7 and Saturday 12 - 5 with listing agent present.

Property Subtype:

Apartment

Date on Market:

2024-11-20