Small Apartment Buildings for Sale in Canada

Calgary Multifamily for Sale - Southwest

This is a great investment opportunity in the sought after community of Bowness. This well maintained townhouse complex with condo titles, and NO common area to maintain or pay extra utilities resulting in lower expenses has excellent curb appeal with durable stucco and is very centrally located on bowness road having great access to all the community amenities. Higher quality construction compared to other rental buildings - granite counters, stainless steel appliances, hardwood floors and attractive stained cabinets. You have a superior suite mix with ( 6 –2 bdrm, which range from 850, 900, & 1,300 sqft sizes). (2 – 3 bdrm units which, are 1,350 sqft) units have 1.5 baths or 2.5 baths in some styles!. The tenants love the HEATED UNDERGROUND parkade with 10 parking stalls, PLUS a heated driveway. Lower cost of operating with efficient boiler heating and tenants pay electricity. This 8 unit inner city gem is located within walking distance to transit all amenities, restaurants, public library and one of the most beautiful parks in Calgary - Bowness Park. With a quick commute to work downtown, this asset is accessible for tenants that do not drive. This property also features separate titles for sale in future or you could live in one unit and live mortgage free! Contact your favorite realtor to explore this property today.

Property Subtype:

Apartment

Date on Market:

2026-03-21

Vancouver Multifamily for Sale - City of Vancouver Non Core

Immaculate multi-family building situated in the heart of the highly sought-after Cambie Village, part of the Cambie Corridor Plan, one of Vancouver's most desirable and rapidly transforming transit-oriented areas. The Cambie Corridor Plan & Transit-Oriented areas rezoning policy supports increased density up to 12 storeys near transit, enhancing long-term value. Fully renovated, consisting of 12 large one bedroom suites, with in suite laundry and dishwashers, top of market in place income and stable tenant profile, offering an attractive purchase for investors.

Property Subtype:

Apartment

Date on Market:

2026-03-19

Edmonton Multifamily for Sale - South Central

This 23-suite low-rise apartment building offers a compelling investment opportunity in Edmonton’s Queen Alexandra neighborhood, a highly desirable area known for its proximity to the University of Alberta and Whyte Avenue. Built in 1968, the property sits on a 17,424-square-foot lot and is well-maintained, providing immediate income potential with long-term upside through value-add strategies. The location benefits from strong rental demand driven by students, professionals, and families seeking convenient access to educational institutions, employment hubs, and cultural amenities. The neighborhood is walkable and well-served by public transit, with major roadways such as Calgary Trail and Gateway Boulevard nearby, ensuring excellent connectivity across the city.

Property Subtype:

Apartment

Date on Market:

2026-03-17

Espanola Multifamily for Sale

449 Mead Boulevard offers a rare investment opportunity with exceptional zoning flexibility and redevelopment potential. Featuring C-3 Special zoning, the site permits up to eight residential units in addition to a broad range of commercial uses, making it highly adaptable for various business or mixed-use strategies. The current configuration includes eight residential units, a commercial storefront, and a custom workshop with an overhead door, providing multiple income streams or conversion options. The property will be delivered vacant upon closing, offering a clean slate for investors or owner-users to implement their vision without the constraints of existing tenancies. Located in Espanola, a growing community with strong connectivity to regional amenities, this asset is well-positioned for long-term value creation. Whether your goal is to redevelop, reposition, or operate as-is, this property presents significant upside for the right buyer.

Property Subtype:

Apartment

Date on Market:

2026-03-16

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

Victoria Multifamily for Sale

CBRE Victoria is pleased to present an exceptional investment opportunity in the heart of downtown Victoria at 705–711 Johnson Street. This distinctive three-storey building comprises two ground-floor retail units and 40 single-occupancy residential rooms above, collectively known as the York Hotel. The property offers strong in-place income, near full occupancy, and the benefit of substantial completed upgrades, resulting in minimal ongoing maintenance for a prospective owner. The building totals approximately 17,236 square feet, with 6,900 square feet on the main floor and 5,168 square feet on both the second and third floors, situated on a 7,284-square-foot site. Built in 1911 and zoned CBD-1 (Central Business District), the property allows for a wide range of flexible commercial and mixed-use opportunities. The two ground-floor retail units measure approximately 2,434 square feet at 705 Johnson Street and 4,370 square feet at 707 Johnson Street. The space at 705 Johnson Street is occupied by Board with Friends, a locally owned and operated board game café, while 707 Johnson Street is currently vacant and was purpose-built for a gym, though it can readily accommodate a variety of alternative uses. Both retail units feature impressive 16-foot ceilings, excellent Johnson Street frontage and exposure, private washrooms, and, in the case of 707 Johnson Street, an additional shower amenity. The upper floors house 40 single-occupancy residential units operating as the York Hotel. Each floor is equipped with shared half and full washrooms, as well as a dedicated laundry room. The residential units are currently rented at below-market rates, providing a clear opportunity for future income growth. The building has been well maintained and includes a concrete foundation, a wood joist roof with an asphalt surface, painted brick exterior, metal doorways, and double-glazed thermo-sealed windows in vinyl frames. Flooring varies throughout the building, with a mix of hardwood, laminate, tile, and carpet depending on the unit, and the electrical system is supported by a 600-amp, three-phase service. Notable building highlights include an upgraded roof completed in 2017, full sprinkler coverage throughout, recent updates to 11 of the single-occupancy units, and a new HVAC and heat pump system serving the commercial space. The property benefits from its central downtown location with excellent exposure along Johnson Street, direct proximity to transit, and an abundance of nearby parking options, including the Johnson Street Parkade. Offered for the first time on the market, this asset presents a compelling opportunity to acquire a well-located, income-producing property with long-term upside in one of Victoria’s most vibrant urban corridors.

Property Subtype:

Apartment

Date on Market:

2026-03-06

Granby Multifamily for Sale - Montérégie

Quintuplex for sale in Granby.

Property Subtype:

Apartment

Date on Market:

2026-03-03

Montréal Multifamily for Sale - Saint-Laurent

This fully occupied 31-unit residential property offers a rare opportunity for investors seeking stable income and long-term appreciation in Montréal’s Ahuntsic-Cartierville neighborhood. The building features a mix of well-maintained units, ensuring consistent cash flow from day one. Located in a vibrant, established community, the property benefits from proximity to essential amenities, including public transit, schools, parks, and shopping centers, making it highly attractive to tenants. The semi-detached structure spans three stories and sits on a 7,875 sq. ft. lot, supported by municipal water and sewer services. With a strong rental history and a potential gross revenue of approximately $300,660 annually, this asset provides both immediate returns and future upside. The neighborhood’s connectivity to major roadways and public transportation enhances accessibility, while ongoing urban development in Montréal continues to drive demand for quality rental housing. This investment is well-suited for buyers seeking a turnkey, income-generating property in a market known for its resilience and growth potential.

Property Subtype:

Apartment

Date on Market:

2026-03-02

La Prairie Multifamily for Sale - Rive-Sud

Well-maintained 28-unit building offering a great mix of unit sizes (7 x 5½, 18 x 4½, 2 x 3½, and 1 x 2½). Strategically located just minutes from the highway and within walking distance of the high school, grocery store, pharmacy, and restaurants. Numerous renovations completed (doors, windows, balconies, railings, exterior cladding).On-site concierge. Large rear parking lot and indoor lockers. Excellent investment opportunity and stable asset in a sought-after area. Sale with exclusion(s) of legal warranty : La présente vente est faite sans garantie légale de qualité, aux risques et périls de l'acheteur.

Property Subtype:

Apartment

Date on Market:

2026-02-09

Abbotsford Multifamily for Sale - Abbotsford/Chilliwack

Turnkey bubble tea cafe available in one of Abbotsford's most desirable retail corridors. The location offers unmatched visibility, situated steps from UFV and the Abbotsford Canucks arena, directly beneath multiple new apartment complexes, and beside Fresh Slice, a nationally recognized anchor tenant. This combination provides a steady stream of student, residential, and event-driven traffic. The cafe has built a strong community presence and a loyal customer base with consistent sales. Included in the sale are modern machines, specialty equipment, extensive leasehold improvements, and current inventory, ensuring a seamless transition for new ownership. Bubble tea continues to be one of the fastest growing beverage categories worldwide, and the business is well positioned to capture this demand. Revenue growth opportunities exist through marketing, expanded delivery services, catering, and the ability to tap into the area's rapidly increasing population density.

Property Subtype:

Apartment

Date on Market:

2026-02-04

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

Nanaimo Multifamily for Sale

The Colliers Multifamily Investment Team is pleased to present a 64-suite well-maintained cash-flowing apartment building featuring a very unique 3,750 SF Penthouse boasting breathtaking ocean views originally constructed as the owner’s personal residence.

Property Subtype:

Apartment

Date on Market:

2026-01-16

Vancouver Multifamily for Sale - Downtown Vancouver

Coming to market for the first time, this property has been well maintained with spacious units and an excellent suite mix, including 13 bachelors, 1 4 x 1-bedrooms and 3 x 2-bedrooms, including a penthouse units with roof top patio. Located West of Denman, one of the most sought-after markets in Vancouver, the property is well positioned within walking distance to Stanley Park, English Bay and the amenities of the West End.

Property Subtype:

Apartment

Date on Market:

2026-01-14

Ottawa Multifamily for Sale - Centretown-Byward

Property Subtype:

Apartment

Date on Market:

2026-01-14

Powassan Multifamily for Sale

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

Vancouver Multifamily for Sale - City of Vancouver Non Core

The property at 2600 East49th Avenue in Vancouver is zoned CD-1 (7B), a rare designation that falls outside existing plan areas and current rezoning policies, allowing for flexible rezoning to maximize density and use. The City of Vancouver supports rezoning inquiries for this site. For comparison, the property across the street at2611 East49th Avenue is zoned C-2, which permits up to3.5 FSR and a six-story mixed-use development. Notably, only two lots in Vancouver carry the CD-1 (7B) zoning, the other being at6620-6680 Elliott Street. This site is ideal for mixed-use residential or rental development, benefiting from strong transit access, street frontage, and laneway access. Additionally, four adjacent detached properties—2612,2638, and2662 East49th Avenue, along with6505 Wales Street—have expressed interest in joint acquisition, which could add approximately21,008 square feet to the overall development footprint.

Property Subtype:

Apartment

Date on Market:

2026-01-02

Calgary Multifamily for Sale - Beltline

This heritage building is property tax exempt! You pay NO property tax. A rare opportunity to own a beautiful 22-unit heritage building in the Beltline that has been restored. Built in 1909, it was extensively renovated in 2014 with everything done up to code, it’s turn-key. Major upgrades in 2014 include brand new electrical, plumbing, sprinkler system, 2 boilers that will last decades, 2 hot water tanks, make up air unit, flooring, kitchens, bathrooms. Roof was done in 2017, with metal and bitumen that will also last decades. There are 24 security cameras throughout the building. Common laundry room with Coinmatic washer and dryer. 2 parking stalls at the back. These units are small, roughly 300sqft each, which makes for affordable rents. Under the CMHC MLI Select program there is excellent leverage available, buildings like this would qualify for a borrower to get into a property with as little as 5% down. Unit mix consists of 1 x 2 bed, 18 x 1 bed, and 3 x bachelor units. It’s designated heritage which means there are grants with the City of Calgary for restoration and rehabilitation that will reimburse you up to 50% of the total approved project cost. *There is a government grant contract in place that requires rents to remain 10% below the CMHC benchmark for the Beltline; however, the rents are already well below that threshold. The new owner must get approved to take over this contract; it goes until 2034. This heritage building has lots of character and is easy to rent, tenants appreciate character buildings and the rents are affordable in the heart of downtown.

Property Subtype:

Apartment

Date on Market:

2025-12-18

North Vancouver Multifamily for Sale - North Shore

Welcome to Greenwood Manor. Nestled in the heart of Lower Lonsdale, this well-maintained 30-unit apartment building represents a rare investment opportunity in one of North Vancouver’s most desirable rental markets. Built in 1973, the property sits proudly on a 17,988 square foot lot and offers a balanced mix of well-appointed suites, each with its own private balcony or patio. Residents enjoy the convenience of secure ground-level parking for 30 vehicles, plus 4 additional visitor stalls, 30 full-size storage lockers, a laundry room and ample in-suite storage; welcomed additions in a building of this vintage. With excellent access to nearby shops, restaurants, and the Seabus, this asset offers consistent tenant demand and solid income stability. The property’s underlying redevelopment potential; supported by its location within a rapidly evolving multifamily corridor, positions it as an ideal long-term hold with significant upside for investors or developers looking to capitalize on the continued growth of the North Shore rental market.

Property Subtype:

Apartment

Date on Market:

2025-12-16

Toronto Multifamily for Sale - East Toronto

Property Subtype:

Apartment

Date on Market:

2025-12-15

Mirabel Portfolio of properties for Sale - Rive-Nord

Property Subtype:

Multi Family

Date on Market:

2025-12-13

Montréal Multifamily for Sale - Atwater-Westmount

Located on one of Shaughnessy Village's most beautiful streets, this superb building sits among magnificent stone houses, mature trees, and charming green spaces in front. Situated between Tupper Street and René-Lévesque Boulevard West, Located just steps from the Canadian Centre for Architecture, the location is exceptional. Viewings and procedures: Online listing: Sunday, November 23, 2025. Coordinated showing of several units: Wednesday, November 26, 2025, between 2:30 p.m. and 6:00 p.m. The seller will to receive offers starting Thursday, November 27.Give him 48 hours to respond. Otherwise, ask for appointements after November 29th

Property Subtype:

Apartment

Date on Market:

2025-12-08

Taber Multifamily for Sale

This three-storey, 29-unit walk-up apartment building offers a strong investment opportunity in the growing community of Taber. Constructed in 1980 and extensively renovated, the property is in excellent condition and designed for long-term durability and tenant appeal. The suite mix includes 11 one-bedroom and 18 two-bedroom apartments, each featuring a living room, dining area, kitchen, storage and linen closets, and a four-piece bathroom. Above-grade units enjoy private balconies with sliding patio doors, while common areas include concrete BBQ patios for resident use. The grounds are thoughtfully landscaped with mature trees, in-ground sprinklers, and perimeter fencing, complemented by concrete walks, drives, and parking areas. Residents benefit from 56 energized parking stalls and well-maintained outdoor spaces that enhance curb appeal. Recent upgrades include a new torch on roof and a new ventilation system installed in 2016, ensuring efficient building performance. Heating is provided through hot water baseboard systems, supported by 400-amp electrical service, separate meters, hot water tanks, and a forced-air furnace for pressurized hallways. Additional income is generated through on-site laundry facilities, averaging approximately $45 per unit per month. With its combination of modernized infrastructure, established landscaping, and proven revenue stream, this property represents a compelling multi-family investment in a stable and desirable market.

Property Subtype:

Apartment

Date on Market:

2025-12-04