Ontario

St. Catharines-Niagara Industrial Market Report 2025 — Prices, Cap Rates & Trends

In the St. Catharines-Niagara industrial market, the median recorded sale price is $2,600,000, across 87 recorded transactions, between 2022-05-31 to 2025-12-03.

Analyze a deal

$2.6M

Median sale price

Recorded transactions

23.4%

YoY change in median

Price distribution

Where St. Catharines-Niagara industrial sale prices sat across 87 recorded transactions.

Median sale price by year

4 of 4 years in the window carried enough recorded sales to plot a median for St. Catharines-Niagara industrial.

Recorded transaction volume by year

Year	Recorded transactions
2022	10
2023	19
2024	33
2025	25

This market vs. Ontario overall

Metric	St. Catharines-Niagara	Ontario
Median sale price	$2,600,000	$2,194,500
25th percentile	$1,527,500	$1,325,000
75th percentile	$4,325,000	$4,750,000
Recorded transactions	87	29,749
Year-over-year change	+23.4%	-5.5%

Asset classes in St. Catharines-Niagara

Asset class	Median price	Transactions
Industrial	$2.6M	87
Land	$2.3M	128
Multifamily	$1.7M	174
Office	$1.7M	42
Other	$1.9M	228
Retail	$1.6M	151

Industrial across Ontario markets

Market	Median price	Transactions
Barrie	$2.7M	73
Belleville	$4.9M	15
Brantford	$3.5M	71
Greater Sudbury	$1.9M	46
Guelph	$3.1M	71
Hamilton	$3.1M	236
Kingston	$1.6M	48
Kitchener-Cambridge-Waterloo	$4M	242
London	$2.7M	115
Oshawa	$4.1M	96
Ottawa	$3.4M	163
Peterborough	$2.6M	16
St. Catharines-Niagara	$2.6M	87
Thunder Bay	$1.3M	39
Toronto	$2.8M	1,836
Windsor	$2.3M	119

Rental market context

The CMHC Rental Market Survey reports a 3.9% purpose-built rental vacancy rate for St. Catharines-Niagara (2025). This is residential rental context, not a commercial metric.

Recent recorded sales

Month	Area	Price band	Type
2025-12	Welland, ON	$2.0M–$2.5M	Industrial
2025-11	St. Catharines, ON	$4.0M–$4.5M	Industrial
2025-11	Niagara Falls, ON	$1.0M–$1.5M	Industrial

Municipality, month and price band only.

Common questions

What is the median industrial sale price in St. Catharines-Niagara?

$2,600,000, across 87 recorded transactions in our dataset.

Are St. Catharines-Niagara industrial prices rising or falling?

The median recorded sale price changed +23.4% year over year in the most recent full comparison.

Methodology

This page draws on 87 recorded commercial transactions in St. Catharines-Niagara between 2022-05-31 and 2025-12-03, 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 4 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.