Market Data · Updated 2026-08-08

London Multifamily Market — Data & Trends

The median London multifamily sale price is $2.2M, across 199 recorded transactions over the last 5 years of recorded sales, down 25.0% year-over-year.

Median sale price
$2.2M
25th–75th percentile
$1.2M – $6.2M
Cap rate range
n/a
Transactions recorded
199
YoY median price change
-25.0%
Down year-over-year
CMHC rental vacancy rate
+4.0%

London MultifamilyPrice & Volume Trend

Ontario, last 5 years of recorded sales.

Median Sale Price by Year
$3.6M2021$3.3M2022$2.4M2023$2.0M2024$1.5M2025
Transactions Recorded by Year
62021372022512023452024602025
CMHC Rental Market Survey — London
2025
Vacancy rate
+4.0%
Bachelor rent
$1,252
1-Bed rent
$1,596
2-Bed rent
$1,878
3-Bed+ rent
$2,399

Source: CMHC Rental Market Survey 2025 - Turnover Units.

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Recent Comparable Transactions

Sale month and price band, rounded to protect transaction-level specifics — never the exact price or address.

Sale monthAreaProperty typePrice band
2025-12London, ONMultifamily$1.5M–$2.0M
2025-12London, ONMultifamily$1.5M–$2.0M
2025-12London, ONMultifamily$1.5M–$2.0M

Sale month and price band, rounded — not the exact sale date or price.

Related Tools & Reports

Methodology

Stats are computed from recorded commercial sale prices (CAD) for the named Census Metropolitan Area and asset class. Medians/percentiles use linear interpolation; implied cap-rate ranges appear only where enough transactions carry a recorded cap rate, otherwise null. Comps are aggregated to a municipality-level area, a rounded price band, and the sale month — never a precise address, exact price, or party name. Pages with too few transactions to differentiate are not published.

  • Dataset: EVALUAITE commercial real estate transactions, Ontario, last 5 years of recorded sales.
  • Pages are published only for a city × asset-type with at least 30 recorded transactions — thin markets are not shown, never estimated.

By the EVALUAITE Team · Data as of 2026-08-08 · Source: EVALUAITE Market Intelligence. Published from EVALUAITE's Market Intelligence platform, using EVALUAITE's proprietary Ontario transaction dataset.