Multifamily Properties for Sale in Canada

Toronto Multifamily for Sale - East Toronto

2422 Queen Street East presents an opportunity to acquire a character-rich, 24-suite apartment building in one of Toronto’s most desirable waterfront neighbourhoods. Prominently situated on a corner lot directly facing Lake Ontario, the Property benefits from unobstructed lake views, excellent Queen Street East exposure, and immediate access to the lifestyle amenities that define the Beaches. Originally constructed in 1930, the building offers a unique blend of historic charm, functional rental housing, and irreplaceable location fundamentals. The Property features a classic vintage exterior and well-preserved interior character, including solid wood staircases, vintage lighting fixtures, and solid wood suite doors. The suite mix consists of 2 bachelor units, 6 junior one-bedroom units, and 16 one-bedroom units, providing an efficient collection of smaller-format rental suites that are well-suited to the area’s tenant demand. The Property also benefits from several operational and physical advantages, including separately metered hydro, on-site laundry income, and recent capital improvements. Notable upgrades include a new boiler installed in 2025, interior stair railing replacement completed in 2025 to meet current code height requirements, and a new Watt 909 valve for the backflow preventer completed in 2024.

Property Subtype:

Apartment

Date on Market:

2026-06-23

Langford Multifamily for Sale

Avison Young is pleased to present Treanor Terrace, a premier multi-family investment opportunity located at 711 Treanor Avenue, Langford, BC (the “Property”). Constructed in 2021, Treanor Terrace is strategically positioned along a primary arterial corridor in central Langford, providing residents with seamless access to retail, grocery, and lifestyle amenities throughout Langford and the Greater Victoria region. The Property sits on a substantial 62,646 square foot lot and offers a well-diversified suite mix of studio, one, two, and three-bedroom residential units, alongside one ground-floor commercial unit. Premium amenities include a fitness centre, games room, dog wash station, underground parking, and in-suite air conditioning. Held in a bare trust, the Property provides the prospective purchaser with an opportunity to save on property transfer tax (PTT) through a share sale purchase. Treanor Terrace represents an exceptional opportunity to acquire a purpose-built, recently constructed rental asset underpinned by stable operating history in a dynamic Vancouver Island market.

Property Subtype:

Apartment

Date on Market:

2026-06-17

Toronto Multifamily for Sale - Downtown South

71–75 Front Street East and 98 The Esplanade present a rare opportunity to acquire a 100% leased, institutionally managed freehold retail asset in Toronto’s highly sought-after Downtown East. Located in the heart of the St. Lawrence neighbourhood, the Property benefits from immediate proximity to the Financial Core and key transit nodes, including Union Station and King Station, ensuring exceptional connectivity and consistent pedestrian traffic. The Property comprises three retail units totaling approximately 18,390 square feet and is fully occupied by a strong mix of national and established tenants. The tenancy includes Duke’s Refresher, a SIR Corp restaurant concept; Civilian House of Cannabis, a Toronto-based boutique retailer; and Dollarama, a leading national discount retailer scheduled to open at 98 The Esplanade. This high-quality urban retail asset offers a stable and diversified income stream anchored by recognized brands, with Dollarama and SIR Corp contributing a significant portion of total rental income. The Property is well positioned within a vibrant mixed-use node characterized by dense residential development, high employment concentration, and strong demographic growth, attracting professionals, students, and tourists alike. Surrounded by prominent amenities, including the St. Lawrence Market, numerous restaurants, retail destinations, and cultural attractions, the Property enjoys sustained foot traffic and long-term tenant demand. Its location at the intersection of the Financial Core and St. Lawrence Market ensures continued relevance as one of Toronto’s most dynamic retail corridors. Offered for sale with a fully leased rent roll and long-term upside potential, this asset represents a compelling opportunity to acquire a stabilized retail investment in one of downtown Toronto’s most established and high-performing neighbourhoods.

Property Subtype:

Apartment

Date on Market:

2026-06-03

Oshawa Multifamily for Sale - Whitby/Oshawa

Built in 2015, this modern 4-storey residence comprises 61 bedrooms across 15 units, catering to strong rental demand from nearby Durham College and Ontario Tech University. The Property offers a diverse mix of 1–6 bedroom suites, each featuring private bathrooms and fridges, with HVAC systems and high-speed internet infrastructure throughout. With a 96.7% occupancy rate, the Property delivers immediate income stability and strong value-add potential through professional management, targeted marketing, and rental rate optimization. Strategically positioned within Oshawa’s education corridor, this asset is well-poised to benefit from continued enrollment growth at both institutions, which together serve over 25,000 full-time students.

Property Subtype:

Apartment

Date on Market:

2026-06-02

Toronto Multifamily for Sale - West Toronto

30 Springhurst Avenue presents the opportunity to acquire a well-located 12 storey high-rise apartment building in one of Toronto’s most desirable west end rental nodes. Situated on a 0.98-acre site just steps from the lakefront, BMO Field, Exhibition Place, and an array of neighbourhood amenities, the property combines strong in-place cash flow with compelling value-add potential through rental growth, ancillary revenue enhancement, and further optimization of underutilized interior space. The building contains 122 suites and offers an attractive suite mix of 22 bachelor units, 77 one bedroom units, and 23 two bedroom units.

Property Subtype:

Apartment

Date on Market:

2026-05-07

Edmonton Multifamily for Sale - South Central

Spanish Monarch is a 34-suite multifamily investment opportunity in Edmonton’s sought-after Ritchie neighborhood. Positioned along Whyte Avenue, the four-storey walk-up offers strong connectivity to downtown, major institutions, and lifestyle amenities. Currently 100% vacant, the property provides an ideal platform for renovation and lease-up, enabling buyers to capitalize on value-add potential, stabilized income, and favorable long-term fundamentals in a high-demand rental market.

Property Subtype:

Apartment

Date on Market:

2026-05-06

Portfolio of properties for Sale - Richmond/Delta

The Alpine Fir Portfolio represents a rarely available opportunity to acquire a 100% market rental portfolio strategically located across Metro Vancouver’s most desirable urban submarkets, including Kitsilano, Lower Lonsdale, Richmond City Centre, and Marpole. Comprising four purpose-built multifamily properties and a total of 108 suites, this portfolio offers investors a diversified position within supply-constrained rental submarkets, each benefitting from strong locational fundamentals and transit connectivity. All properties are currently fully occupied, presenting stable in-place income with value-add potential through tenant turnover adjustments and favorable zoning overlays that permit future residential densification. Proximity to major transit routes, rapid transit expansions such as the Broadway Subway, and vibrant amenity-rich neighborhoods supports long-term appreciation. The portfolio collectively provides income stability and the option for phased or full-scale redevelopment under local community plans, positioning it as an attractive long-term investment within one of Canada’s most resilient rental markets.

Property Subtype:

Multi Family

Date on Market:

2026-04-30

Toronto Multifamily for Sale - North Toronto

Letter of Intent before 5:00 pm on Thursday June 4th, 2026 Shoppes on Avenue (the “Property”) is a 20,884 sf grocery-anchored retail centre located at 1705-1725 Avenue Road in Toronto, Ontario. Situated in North Toronto, the Property offers over 300 feet of frontage along Avenue Road, a major north-south corridor, providing strong visibility and direct access to Highway 401 and Lawrence Avenue. The Property is 100% leased and anchored by Ambrosia Natural Foods, a high-performing grocer specializing in organic foods, vitamins and cosmetics, occupying approximately 56% of total gross leasable area. The remainder of the tenant roster is comprised of a complementary mix of necessity-based tenants, including BMO, Rogers, a prosthodontist and a physiotherapy clinic, supporting consistent daily traffic. The Property features a weighted average lease term of 5.9 years, providing a secure cash flow stream. The Property further benefits from 73 dedicated underground parking stalls. The retail-designated stalls enhance accessibility and customer convenience, while representing a rare and valuable feature among comparable urban retail assets in Toronto. Strategically positioned on Avenue Road just north of Lawrence Avenue, the Property benefits from its close proximity to an affluent residential node. Within a 2 km radius, the surrounding population totals nearly 75,000 residents, supported by an average annual household income exceeding $300,000 and average dwelling values of ~$2.1 million, approximately 116% above the provincial average. The offering comprises the retail component of a mixed-use development, with retail space positioned at the ground level beneath a 7 storey, 80 unit condominium. The condominium and retail portions operate under a cost sharing arrangement, detailed in the Confidential Information Memorandum. RBC Capital Markets Realty Inc. has been retained on an exclusive basis by RioCan Holdings Inc. to arrange for the sale of a 100% interest in the Property.

Property Subtype:

Apartment

Date on Market:

2026-04-20

Mississauga Multifamily for Sale

High Line is a rare forward-sale, purpose-built rental opportunity in one of Mississauga’s fastest-growing urban corridors, delivered by Branthaven, an award-winning developer with a proven track record across the GTA. The modern 12-storey building will offer premium finishes and a strong amenity program including a fitness centre, yoga studio, parcel rooms, bike storage, and storage lockers, complemented by landscaped green spaces designed to support long-term tenant appeal. Strategically located in the Churchill Meadows / Ninth Line Corridor, High Line benefits from excellent connectivity to Highways 401, 403, and 407 and close proximity to major retail destinations such as Erin Mills Ridgeway Plaza and Costco. Construction is scheduled to commence in late 2026 with completion targeted for 2028, providing investors with a fully entitled, shovel-ready asset in one of Mississauga’s most supply-constrained and high-demand rental markets, backed by Branthaven’s development expertise

Property Subtype:

Apartment

Date on Market:

2026-04-17

North Vancouver Multifamily for Sale - North Shore

Introducing a premier commercial opportunity at The Blok, a dynamic mixed-use development in the heart of North Vancouver’s Moodyville neighborhood. This high-exposure corner unit offers exceptional visibility along East 3rd Street, a major east-west arterial that experiences strong traffic volumes and connects to key city corridors. Designed with a contemporary storefront and expansive windows, the space provides abundant natural light and a welcoming presence for customers. The unit features generous ceiling heights and is fully equipped with essential building systems to accommodate a wide range of uses, including food and beverage operations, fitness, wellness, medical, and professional services. A dedicated vent shaft for commercial kitchen exhaust, gas connection, and grease trap readiness make it ideal for restaurant or café concepts.

Property Subtype:

Apartment

Date on Market:

2026-03-17

North Cowichan Multifamily for Sale

The Richmond presents the opportunity to acquire a luxury apartment building in the heart of Duncan, BC. Comprised of 66 residential units, The Richmond offers a diverse mix of one- and two-bedroom layouts, with modern and fresh interiors and spacious balconies.

Property Subtype:

Apartment

Date on Market:

2026-02-17

Squamish Multifamily for Sale

Macdonald Commercial is pleased to present Northyards 1 & 2—two newly built Class-A mixed-use rental buildings by WestUrban Developments in Squamish, BC. With a near-zero vacancy rate (0.7% per CMHC), this offering includes 78 residential rental units, over 14,800 SF of commercial/office space, secure underground parking, and modern finishes. Northyards 1 (2020) features 40 residential units and 3 office suites; Northyards 2 (2023) adds 38 residential units, 5 retail units, and additional office space. The properties offer energy-efficient design, condo-quality finishes, and excellent amenities. Held in bare trust with assumable CMHC financing, this is a rare investment opportunity in a high-demand, supply-constrained market.

Property Subtype:

Apartment

Date on Market:

2026-01-26

Richmond Hill Multifamily for Sale - York

13042 Yonge Street (Picasso Place) is located in the Oak Ridges neighborhood of Richmond Hill, a well-established and growing community known for its family-friendly atmosphere and proximity to nature. Situated along Yonge Street, one of the GTA’s busiest and most accessible roads, the property benefits from excellent connectivity. Public transit options, including York Region Transit bus routes, are readily available, making it easy to travel within Richmond Hill and connect to GO Transit for trips to downtown Toronto. The Property consists of 64 units; 47 one bedrooms, 15 two bedrooms and 2 two bedrooms with a terrace.

Property Subtype:

Apartment

Date on Market:

2025-11-17

Maple Ridge Multifamily for Sale - Tri-Cities & Ridge Meadows

Positioned within Falcon Homes’ flagship development, “The North,” this retail property is an exceptional opportunity to secure a location at the base of 67 new residential units in West Central Maple Ridge. Designed with modern construction and C-3 zoning, it allows for a wide range of commercial uses, setting the stage for vibrant activity in one of BC’s fastest-growing communities. The project’s anticipated completion in May 2026 ensures buyers can plan build-outs with confidence, benefiting from fresh infrastructure and strong demand driven by rapid residential growth.

Property Subtype:

Apartment

Date on Market:

2025-11-03

Toronto Multifamily for Sale - East Toronto

Property Subtype:

Apartment

Date on Market:

2025-10-30

Chicoutimi Multifamily for Sale - Chicoutimi Downtown

Manoir Champlain is a private seniors’ residence located in Chicoutimi, in the Saguenay–Lac-Saint-Jean area. This residential complex provides comfortable and luxurious living housing with breathtaking views of the city, as well as ease of access for visitors. The 440 units are tastefully designed to meet the needs of its clientele. Built in several phases, and recently and extensively renovated, the complex offers a dynamic, friendly, and reassuring living experience thanks to intelligently subdivided units and common areas. Services include housekeeping, Wi-Fi access, and on-site banking services. The property offers amenities such as game rooms, a swimming pool, a theatre, a bowling alley, and much more. Residents can also enjoy meals in a welcoming dining room. Leisure activities and outings are regularly organized.

Property Subtype:

Apartment

Date on Market:

2025-10-13

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

Property Subtype:

Apartment

Date on Market:

2025-06-03

Toronto Multifamily for Sale - Downtown North

Colliers International ("Colliers" or the "Advisor") is pleased to present the opportunity to acquire 99 Bellevue Avenue (the "Property" or "Site"), a walk-up apartment building in the heart of Toronto’s Kensington Market neighborhood. This 14,961 SF site currently features a four-storey, 16-unit apartment building generating a strong in-place net operating income (NOI) of $512,603. The property presents investors with a rare chance to benefit from immediate cash flow while capitalizing on significant redevelopment potential. A feasibility study conducted by Sweeny&Co Architects illustrates the potential for a 12-storey mid-rise development, encompassing 93,695 SF of Gross Floor Area (GFA), 114 residential units. The surrounding market demonstrates robust demand, with purpose-built rental rates exceeding $4.62 PSF/M and resale condo pricing averaging $1,259 PSF, highlighting the strong investment fundamentals of the area. 99 Bellevue Avenue represents a compelling investment opportunity for those seeking a well-located, income-generating multi-family asset with significant upside potential. Its prime location in one of Toronto’s most dynamic neighborhoods, strong transit connectivity, and approved high-density development potential make it a rare and valuable acquisition. Investors looking for a covered land play with immediate revenue and long-term capital appreciation will find 99 Bellevue Avenue to be an outstanding addition to their portfolio.

Property Subtype:

Apartment

Date on Market:

2025-03-13

Toronto Multifamily for Sale - West Toronto

One of the highest traffic nodes in this city where the South Kingsway meets Bloor West. Experience the perfect harmony of a prime location, state-of-the-art facilities, and a thriving mixed-use community.

Property Subtype:

Apartment

Date on Market:

2025-03-05

Langley Multifamily for Sale - Surrey/Langley

This six-storey development will feature a unique mix of sophisticated retail, state-of-the-art office space, and four stories of residential condos, encapsulating a genuine live, work, and play environment. With easy access to a vibrant residential community, ample green space, boutique and nationally recognized retailers, and an emerging office presence, District is ideal for businesses looking to attract families and young professionals.

Property Subtype:

Apartment

Date on Market:

2025-02-25

Port Moody Multifamily for Sale - Tri-Cities & Ridge Meadows

The property at 2025 St Johns Street in Port Moody, BC, consists of a newly constructed, six-story mixed-use development completed in 2025. The building includes approximately 15,220 square feet of dedicated commercial space across multiple ground-floor retail units. It is located along a central corridor in Port Moody, offering connectivity to Barnet Highway and the Moody Centre SkyTrain station. The site occupies approximately two acres and includes infrastructure for vehicular and bicycle parking. Zoning accommodates a combination of residential and commercial uses.

Property Subtype:

Apartment

Date on Market:

2024-04-25

Ottawa Multifamily for Sale - East Central

Brand new construction completed in summer 2023. The building includes a total of 62 units : 23 - 1 bed, 8 - 1 bed with den, 8 - 2 bed with 1 bath, 9 - 2 beds with 2 baths, 14 - 2 beds with 2 baths and den.

Property Subtype:

Apartment

Date on Market:

2023-10-10

Toronto Multifamily for Sale - Scarborough

147 Unit Apartment Building on 2 Acres

Property Subtype:

Apartment

Date on Market:

2022-10-13