Small Apartment Buildings for Sale in Canada

Victoria Multifamily for Sale

Avison Young is pleased to present this opportunity to purchase this Oak Bay Avenue strata investment property. With an excellent national covenant tenant in place, this is a unique opportunity on one of Victoria’s most sought-after corridors

Property Subtype:

Apartment

Date on Market:

2025-12-03

Saskatoon Multifamily for Sale

Positioned in the vibrant Caswell Hill neighborhood, this 36-unit multifamily property offers a rare opportunity for investors seeking stable returns and long-term growth. The asset features an attractive suite mix of twenty-six two-bedroom and ten one-bedroom units, catering to strong rental demand in Saskatoon’s core. Residents benefit from proximity to schools, parks, shopping, and downtown amenities, while easy access to Idylwyld Drive North and public transit enhances connectivity across the city. The property has been meticulously maintained, with key upgrades including a new boiler installed in 2018. As tenancies turnover, units are refreshed with modern flooring, paint, and appliances, ensuring a contemporary living experience. Additional conveniences include an owned common coin laundry facility and sixteen paved, electrified parking stalls. Zoned RM3, this medium-density designation supports multifamily use in a thriving urban setting. With an assumable mortgage at a competitive fixed rate, this offering combines operational stability with strategic location advantages, making it an ideal addition to any investment portfolio.

Property Subtype:

Apartment

Date on Market:

2025-12-03

Lloydminster Multifamily for Sale

This 8-suite apartment rental building is just the opportunity you have been looking for. There are 5 (2 bedroom) units and 3 (1 bedroom) unit in the building. This building has been well maintained over the years with improvements and upgrades to the heating system, added insulation in attic space, PVC windows, metal roofing- three suites have been renovated over the last few years, with one suite undergoing an entire makeover in the last 2 years. The building has two units that have been rented as Airbnb short term rentals with the balance of the units rented on monthly rental agreement. This is a well-managed building that generated total income from July 1, 2024- June 30, 2025, at $141,229.45 - after airBnb cleaning/hallway cleaning, snow removal and lawn care, property management, garbage, building insurance, property tax, utilities and repair and maintenance this building generated a total revenue of 80,073.00. Located in a quiet residential neighborhood, surrounded by a stable residential subdivision, this 8 suite building is a perfect investment that requires minimal effort to maintain. MLS # A2273578

Property Subtype:

Apartment

Date on Market:

2025-12-03

Penetanguishene Multifamily for Sale - Northern GGH

If you are looking for an absolutely turn key 12-unit apartment building, this is it. Priced at a 6.2 cap rate. This building has had extensive renovations in the past 5 years. You will not find a better investment opportunity. 9 one-bedroom apts and 2 one-bedroom with dens and 1 two-bedroom with new kitchens, bathrooms, flooring, doors, trim, some new electrical and plumbing, drywall, heating, laundry room, security room, paved parking, appliances, fire and smoke system, and revamped decks. Great downtown Penetanguishene location, walking distance to shopping, restaurants, and a beautiful trail system along the waterfront park on Georgian Bay. Very easy to find quality tenants in this location. Minimum 36 hours' notice to show the building. First visit, we will set up only 3 apartments to give you a good feel of the property. Listing agent must be present for all showings. Financials available upon request.

Property Subtype:

Apartment

Date on Market:

2025-11-24

Montréal Multifamily for Sale - Est-de-l’Île

Beautiful 5-unit building, fully renovated ideally located in Rosemont, near Promenade Masson. Spread over 3 floors, it includes three 3½ units, one 4½ unit, and one 7 ½ unit, all rented until June 30, 2026. The units are well maintained and offer beautiful living spaces. Several improvements have been made over the years, such as most of the plumbing, brickwork, air conditioning (x4)... Come see and see!

Property Subtype:

Apartment

Date on Market:

2025-11-20

Campbell River Multifamily for Sale

Colliers is pleased to present two independently titled neighboring triplexes that have both received recent functional and aesthetic renovations (2019 - 2020). Civically addressed as 460 & 470 Dogwood Street, these triplexes are strategically located on a secondary highway feeder with immediate proximity to the Campbell River commercial corridor, school systems, public transportation networks and the picturesque coastline. These properties can be purchased separately or as a package. The rental composition includes six 1,200 square foot, three-bedroom, 1.5-bathroom townhomes. Each unit has received improvements by way of new windows, doors, floors, kitchens, bathrooms, lighting, closets etc. and come equipped with in-unit washer/ dryer and 2 allocated parking stalls.

Property Subtype:

Apartment

Date on Market:

2025-11-17

London Multifamily for Sale

Property Subtype:

Apartment

Date on Market:

2025-11-14

Granby Portfolio of properties for Sale - Montérégie

THE OFFERING IMMEUBLES GLORIA and YESARRAZIN are pleased to represent the seller in offering for sale, on an exclusive basis, a portfolio of nine buildings located on Lemieux Street in Granby, a multi-residential complex that is part of a horizontal co-ownership situated along the shores of Lac Boivin. The nine buildings were constructed recently, between 2012 and 2019, and comprise 35 units: two 3½, ten 4½, sixteen 5½, and seven 6½ units, including 25 townhouse-style dwellings on two floors with basements, as well as 70 outdoor parking spaces. A cadastral division process is underway to convert the units into divided condominiums. The property stands out for its excellent overall condition, its potential for sale as individual condominiums, and its long-term appreciation prospects. This memorandum presents a unique opportunity to acquire a portfolio within the horizontal co-ownership Cité du Lac, bordering the magnificent Lac Boivin in Granby. LOCATION Granby is a charming town known for its vibrant community and picturesque landscapes. Located in the Montérégie region, it offers a perfect blend of urban amenities and natural beauty. The town is home to the renowned Granby Zoo, attracting visitors from all over. Granby's downtown area features a variety of shops, restaurants, and cultural venues, creating a lively atmosphere. Outdoor enthusiasts can explore numerous parks, bike trails, and the scenic Lac Boivin. Granby also hosts various festivals and events throughout the year, fostering a strong sense of community. With excellent schools and healthcare facilities, it's a great place for families. Granby's welcoming spirit and diverse attractions make it a delightful place to live and visit. PROPERTY 1 Address : 7 rue LEMIEUX #1 TO #4, GRANBY, QC, J2H 0Z1 Legal Description : Private portion: Lot # 4 790 104 Cadastre du Québec Co-ownership Share : 3.36 % Lot Area : ± 13 048 sq.ft (private portion) Construction Year : 2014 Parking : 8 spaces (exterior) Average Unit Size : ± 1 345 sq.ft (plus basement) Units Details : 4 x 5 ½ on 2 floors + basement, townhouse style TOTAL : 4 units PROPERTY 2 Address : 11 rue LEMIEUX #1 TO #5, GRANBY, QC, J2H 0Z1 Legal Description : Private portions: Lots # 5 446 992 à 5 446 997 Cadastre du Québec Co-ownership Share : 2.80 % Lot Area : ± 18 057 sq.ft (private portion) Construction Year : 2014 Parking : 11 spaces (exterior) Average Unit Size : ± 1 345 sq.ft (plus basement) Units Details : 3 x 5 ½ on 2 floors + basement, townhouse style 2 x 6 ½ on 2 floors + basement, townhouse style TOTAL: 5 units PROPERTY 3 Address : 12 rue LEMIEUX #1 TO #3, GRANBY, QC, J2H 0Z1 Legal Description : Private portion: Lot # 4 790 106 Cadastre du Québec Co-ownership Share : 1.20 % Lot Area : ± 7 180 sq.ft (private portion) Construction Year : 2012 Parking : 6 spaces (exterior) Average Unit Size : ± 1 345 sq.ft (plus basement) Units Details : 3 x 5 ½ on 2 floors + basement, townhouse style TOTAL : 3 units PROPERTY 4 Address : 16 rue LEMIEUX #1 TO #4, GRANBY, QC, J2H 0Z1 Legal Description : Private portion: Lot # 4 790 095 Cadastre du Québec Co-ownership Share : 1.94 % Lot Area : ± 7 180 sq.ft (private portion) Construction Year : 2012 Parking : 6 spaces (exterior) Average Unit Size : ± 1 065 sq.ft Units Details : 2 x 3 ½ basement 2 x 5 ½ on 2 floors TOTAL: 4 units PROPERTY 5 Address : 17 rue LEMIEUX #1 TO #5, GRANBY, QC, J2H 0Z1 Legal Description : Private portions: Lots # 4 790 098 and 4 790 099 Cadastre du Québec Co-ownership Share : 3.88 % Lot Area : ± 10 270 sq.ft (private portion) Construction Year : 2016 Parking : 11 spaces (exterior) Average Unit Size : ± 1 340 sq.ft (plus basement) Units Details : 5 x 6 ½ on 2 floors + basement, townhouse style TOTAL : 5 units PROPERTY 6 Address : 22 rue LEMIEUX #1 TO #3, GRANBY, QC, J2H 0Z1 Legal Description : Private portion: Lot # 4 790 092 Cadastre du Québec Co-ownership Share : 1.46 % Lot Area : ± 4 042 sq.ft (private portion) Construction Year : 2019 Parking : 6 spaces (exterior) Average Unit Size : ± 1 040 sq.ft Units Details : 3 x 4 ½ TOTAL : 3 units PROPERTY 7 Address : 24 rue LEMIEUX #1 TO #3, GRANBY, QC, J2H 0Z1 Legal Description : Private portion: Lot # 4 708 191 Cadastre du Québec Co-ownership Share : 1.46 % Lot Area : ± 4 183 sq.ft (private portion) Construction Year : 2012 Parking : 6 spaces (exterior) Average Unit Size : ± 1 040 sq.ft Units Details : 3 x 4 ½ TOTAL : 3 units PROPERTY 8 Address : 30 rue LEMIEUX #1 TO #5, GRANBY, QC, J2H 0Z1 Legal Description : Private portion: Lot # 4 708 187 Cadastre du Québec Co-ownership Share : 2.43 % Lot Area : ± 10 554 sq.ft (private portion) Construction Year : 2012 Parking : 10 spaces (exterior) Average Unit Size : ± 1 295 sq.ft (plus basement) Units Details : 2 x 4 ½ on 2 floors + basement, townhouse style 3 x 5 ½ on 2 floors + basement, townhouse style TOTAL: 5 units PROPERTY 9 Address : 40 rue LEMIEUX #1 TO #3, GRANBY, QC, J2H 0Z1 Legal Description : Private portion: Lot # 5 782 902 Cadastre du Québec Co-ownership Share : 1.70 % Lot Area : ± 3 176 sq.ft (private portion) Construction Year : 2016 Parking : 6 spaces (exterior) Average Unit Size : ± 1 275 sq.ft (plus basement) Units Details : 2 x 4 ½ on 2 floors + basement, townhouse style 1 x 5 ½ on 2 floors + basement, townhouse style TOTAL: 3 units

Property Subtype:

Multi Family

Date on Market:

2025-11-07

Waterloo Portfolio of properties for Sale - Western GGH

Exceptional Land Assembly Opportunity – Prime Location Adjacent to Wilfrid Laurier University** Presenting a rare opportunity to acquire a land assembly. Ideally positioned directly across the street from Wilfrid Laurier University, this site offers unparalleled proximity to the campus and is surrounded by thriving amenities. The combined development site features favourable RMU-81 zoning, allowing for a wide array of future possibilities. Providing a substantial land footprint for investors or developers. Property is currently rented and generating income until re-development

Property Subtype:

Mixed Types

Date on Market:

2025-11-06

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

Montréal Multifamily for Sale - Centre-de-l’Île Nord

This commercial condominium is a single-story ground-floor retail and office space comprising five commercial spaces. Consisting of four retail units and one office unit, totaling 11,537 square feet, of which 5,782 square feet are currently leased to three tenants. One retail unit, 409 square feet, and one ground-floor office unit, 5,348 square feet, are currently available for lease or owner occupancy.

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

Kitimat Multifamily for Sale

Positioned in one of Northern BC’s strongest, most resilient rental markets—fuelled by LNG Canada & Rio Tinto—turnkey, income-producing 30-unit apartment building presents an exceptional opportunity to acquire a high-performing multifamily asset with immediate and long-term upside. Property features 30 large two-bed suites with rents starting at $2,200/month, generating $42,656 in monthly gross income at ~83% occupancy, delivering an attractive 8.76% cap rate. With five vacant suites ready for lease-up, investors can unlock an additional ~$11,000 in monthly gross income almost immediately, significantly boosting cash flow and value. Motivated seller is offering a rare low-equity entry structure, including a Vendor Take-Back bridge to support CMHC financing, an ideal acquisition for investors seeking strong leverage, scalable returns. Beyond the in-place income, the site offers significant future upside through a potential 18-unit expansion. Call us today to set up a showing!

Property Subtype:

Apartment

Date on Market:

2025-10-21

Vancouver Multifamily for Sale - City of Vancouver Non Core

Presenting a rare opportunity to acquire and advance the redevelopment of a mixed-use property featuring both commercial and residential components. The project includes a ground-floor retail/office space totaling approximately 1,521 sq. ft., and above the commercial unit are three residential units, comprising two one-bedroom apartments and one two-bedroom apartment. The property must be purchased by either a Licensed Residential Builder willing to enroll the Homes in a home warranty insurance policy or an individual who will hire a Licensed Residential Builder to complete the Homes and enroll them in a home warranty insurance policy.

Property Subtype:

Apartment

Date on Market:

2025-10-21

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

Sudbury Multifamily for Sale

Property Subtype:

Apartment

Date on Market:

2025-10-13

Longueuil Multifamily for Sale - Rive-Sud

Beautiful 6-unit income property -- all spacious 4 ½ apartments with open-concept layouts. Well maintained over the years. Balconies have been redone in fiberglass, and the roof was replaced in 2023. Each unit features a modern condo-style design, appealing to quality tenants and ensuring easy rental. Excellent potential to increase rental income. Prime location, close to all services: public transit, schools, shops, parks, and more. A must-see opportunity! Perfect for investors or owner-occupiers. All buyers are welcome!

Property Subtype:

Apartment

Date on Market:

2025-10-10

Winnipeg Multifamily for Sale

Recent capital improvements include newer shingles and A/C, newer forced air high efficiency furnace, hot water tank, main electrical panel and new sub panel, and a new commercial coin op washing machine ($1,750 value).

Property Subtype:

Apartment

Date on Market:

2025-10-10

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