Commercial Real Estate in Northeast Ontario available for sale
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Multifamily Property for Sale near Northeast Ontario

Northeast Ontario Multifamily Property for Sale

More details for Smith Falls Portfolio – Multifamily for Sale, Smiths Falls, ON

Smith Falls Portfolio

  • Multifamily for Sale
  • 57,652 SF
  • 2 Multifamily Properties

Smiths Falls Portfolio of properties for Sale - Northeast Ontario

This offering presents investors with the rare opportunity to acquire 7 Maple Avenue and 161 Beckwith Street, two newly constructed multi-residential properties in Smiths Falls, Ontario, comprising a total of 49 residential suites and 2 ground-floor retail units. Offered as part of a court-ordered receivership sale, the properties provide a unique opportunity to acquire high-quality, modern assets with immediate cash flow and significant lease-up potential in a growing rental market. 161 Beckwith Street consists of 16 residential suites and is fully leased, offering stable in-place income. The property is located just steps from downtown Smiths Falls, providing residents with convenient access to shops, restaurants, parks, and major employers including Hershey Chocolate and the Perth & Smiths Falls District Hospital. 7 Maple Avenue features 33 residential suites and 2 ground-floor retail units, and is currently being actively marketed for lease. Located just off Main Street, the property benefits from a walkable, amenity-rich environment in one of the town’s most vibrant areas. The ground-floor retail component enhances income diversity and contributes to the property’s mixed-use appeal. Both buildings offer contemporary finishes throughout, including vinyl plank flooring, stone countertops, stainless steel appliances, and in-suite laundry, as well as secured access and modern common areas. With strong rental demand, limited new supply in the area, and the value opportunity presented by a receivership sale, this offering is ideal for investors seeking high-quality, income-generating assets with long-term upside in one of Ontario’s emerging secondary markets.

Contact:

CBRE

Property Subtype:

Multi Family

Date on Market:

2025-07-29

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Apartment Buildings for Sale Within of Northeast Ontario

More details for 32 David St, Spencerville, ON - Multifamily for Sale

32 David St

Spencerville, ON K0E 1X0

  • Multifamily for Sale
  • $1,499,900 CAD
  • 7,000 SF
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More details for 642 West St W, Prescott, ON - Multifamily for Sale

642 West St W

Prescott, ON K0E 1T0

  • Multifamily for Sale
  • $1,149,900 CAD
  • 5,834 SF
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More details for 1115 Millwood Av, Brockville, ON - Multifamily for Sale

1115 Millwood Av

Brockville, ON K6V 0E6

  • Multifamily for Sale
  • $2,250,000 CAD
  • 7,876 SF
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More details for 18 Haggart St, Perth, ON - Multifamily for Sale

The Southview Apartments - 18 Haggart St

Perth, ON K7H 2Z4

  • Multifamily for Sale
  • $6,190,000 CAD
  • 30,000 SF
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More details for 36 Main St E, Mississippi Mills, ON - Multifamily for Sale

Lilac & Main - 36 Main St E

Mississippi Mills, ON K0A 1A0

  • Multifamily for Sale
  • $7,230,000 CAD
  • 21,592 SF
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More details for 73 Kenyon St E, Alexandria, ON - Multifamily for Sale

73 Kenyon St E

Alexandria, ON K0C 1A0

  • Multifamily for Sale
  • $1,999,900 CAD
  • 8,000 SF
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More details for 75 Kenyon St E, Alexandria, ON - Multifamily for Sale

75 Kenyon St E

Alexandria, ON K0C 1A0

  • Multifamily for Sale
  • $1,999,900 CAD
  • 8,000 SF
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More details for 27 Tamarack St, Deep River, ON - Multifamily for Sale

27 Tamarack St

Deep River, ON K0J 1P0

  • Multifamily for Sale
  • $5,799,000 CAD
  • 48,681 SF

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.

Contact:

Colliers

Property Subtype:

Apartment

Date on Market:

2025-06-10

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Multifamily Properties for Sale in Northeast Ontario

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How many multifamily properties are available for sale in Northeast Ontario?
There are currently 1 multifamily properties available for sale in Northeast Ontario, offering a unique opportunity for businesses to establish a presence.