Market Data · Updated 2026-08-08

Toronto Multifamily Market — Data & Trends

The median Toronto multifamily sale price is $2.9M, across 1,476 recorded transactions over the last 5 years of recorded sales, down 6.5% year-over-year.

Median sale price
$2.9M
25th–75th percentile
$1.7M – $8.0M
Cap rate range
n/a
Transactions recorded
1,476
YoY median price change
-6.5%
Down year-over-year
CMHC rental vacancy rate
+3.0%

Toronto MultifamilyPrice & Volume Trend

Ontario, last 5 years of recorded sales.

Median Sale Price by Year
$5.8M2021$5.1M2022$2.8M2023$2.5M2024$2.3M2025
Transactions Recorded by Year
6220212522022336202340920244172025
CMHC Rental Market Survey — Toronto
2025
Vacancy rate
+3.0%
Bachelor rent
$1,708
1-Bed rent
$2,073
2-Bed rent
$2,547
3-Bed+ rent
$2,893

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
2025-12Toronto, ONMultifamily$1.0M–$1.5M
2025-12Newmarket, ONMultifamily$1.0M–$1.5M
2025-12Brampton, ONMultifamily$80M–$85M

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.