Ontario

Greater Sudbury Multifamily Market Report 2025 — Prices, Cap Rates & Trends

In the Greater Sudbury multifamily market, the median recorded sale price is $1,535,000, across 71 recorded transactions, between 2021-10-04 to 2025-12-23.

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$1.5M

Median sale price

Recorded transactions

-18.4%

YoY change in median

Price distribution

Where Greater Sudbury multifamily sale prices sat across 71 recorded transactions.

Median sale price by year

5 of 5 years in the window carried enough recorded sales to plot a median for Greater Sudbury multifamily.

Recorded transaction volume by year

Year	Recorded transactions
2021	3
2022	17
2023	11
2024	17
2025	23

This market vs. Ontario overall

Metric	Greater Sudbury	Ontario
Median sale price	$1,535,000	$2,194,500
25th percentile	$970,000	$1,325,000
75th percentile	$2,275,000	$4,750,000
Recorded transactions	71	29,749
Year-over-year change	-18.4%	-5.5%

Asset classes in Greater Sudbury

Asset class	Median price	Transactions
Industrial	$1.9M	46
Land	$1.9M	17
Multifamily	$1.5M	71
Office	$2M	20
Other	$1.5M	80
Retail	$1.9M	37

Multifamily across Ontario markets

Market	Median price	Transactions
Barrie	$1.7M	94
Belleville	$2.1M	24
Brantford	$2.1M	60
Greater Sudbury	$1.5M	71
Guelph	$2.5M	75
Hamilton	$1.8M	295
Kingston	$1.8M	104
Kitchener-Cambridge-Waterloo	$2.5M	383
London	$2.2M	198
Oshawa	$2.1M	150
Ottawa	$2.1M	467
Peterborough	$2.6M	35
St. Catharines-Niagara	$1.7M	174
Thunder Bay	$1.3M	29
Toronto	$2.9M	1,462
Windsor	$1.8M	107

Rental market context

The CMHC Rental Market Survey reports a 1.2% purpose-built rental vacancy rate for Greater Sudbury/Grand Sudbury (2025). This is residential rental context, not a commercial metric.

Recent recorded sales

Month	Area	Price band	Type
2025-12	Greater Sudbury, ON	$3.0M–$3.5M	Multifamily
2025-11	Greater Sudbury, ON	$3.0M–$3.5M	Multifamily
2025-09	Greater Sudbury, ON	$750K–$1.0M	Multifamily

Municipality, month and price band only.

Common questions

What is the median multifamily sale price in Greater Sudbury?

$1,535,000, across 71 recorded transactions in our dataset.

Are Greater Sudbury multifamily prices rising or falling?

The median recorded sale price changed -18.4% year over year in the most recent full comparison.

Methodology

This page draws on 71 recorded commercial transactions in Greater Sudbury between 2021-10-04 and 2025-12-23, from the EVALUAITE Market Intelligence dataset. A city and asset class is published only once it carries at least 50 recorded transactions.

Too few of these sales reported a cap rate to publish a range, so none is shown. All 5 years in the window carried enough sales to plot a median. The year-over-year comparison had enough sales on both sides to compute. CMHC rental context is available for this market.

Prepared by the EVALUAITE Market Intelligence team.