Market Data · Updated 2026-08-08

St. Catharines-Niagara Multifamily Market — Data & Trends

The median St. Catharines-Niagara multifamily sale price is $1.7M, across 176 recorded transactions over the last 5 years of recorded sales, up 7.7% year-over-year.

Median sale price
$1.7M
25th–75th percentile
$1.1M – $3.4M
Cap rate range
n/a
Transactions recorded
176
YoY median price change
+7.7%
Up year-over-year
CMHC rental vacancy rate
+3.9%

St. Catharines-Niagara MultifamilyPrice & Volume Trend

Ontario, last 5 years of recorded sales.

Median Sale Price by Year
$5.2M2021$2.6M2022$1.6M2023$1.5M2024$1.6M2025
Transactions Recorded by Year
62021242022442023572024452025
CMHC Rental Market Survey — St. Catharines-Niagara
2025
Vacancy rate
+3.9%
Bachelor rent
$1,246
1-Bed rent
$1,619
2-Bed rent
$1,911
3-Bed+ rent
$2,121

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
2025-12St. Catharines, ONMultifamily$1.0M–$1.5M
2025-12Fort Erie, ONMultifamily$5.0M–$6.0M
2025-12Niagara Falls, ONMultifamily$1.0M–$1.5M

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.