Original Data Report

EVALUAITE Ontario CRE Transaction Index

Name: EVALUAITE Ontario CRE Transaction Index
Creator: EVALUAITE

The median Ontario commercial real estate transaction price is $2,175,000, across 29,681 recorded sales over the 2021–2025 (last 5 years of recorded sales), down 5.5% year-over-year.

Median sale price

$2.2M

Average sale price

$6.5M

Transactions recorded

30K

YoY median price change

-5.5%

Down year-over-year

Most-traded asset class in this window: Other.

Median Sale Price by Asset Type

Ontario, 2021–2025 (last 5 years of recorded sales).

Implied Cap Rate Ranges

25th–75th percentile of disclosed cap rates per asset type; dot = low/high, diamond = median.

Cap-rate ranges are too thin to report for the current dataset (fewer than 3 disclosed cap rates per asset type) — check back as more sales are recorded.

Year-over-Year Price Change

Median sale price, latest full year vs. prior year, by asset type.

Up YoYDown YoY

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Full Data — By Asset Type

Asset type	Median price	25th–75th pctile	Transactions	Cap rate range	YoY change
Other	$1,900,000	$1,200,000 – $3,898,168	7724	n/a	-19.8%
Land	$2,425,000	$1,525,481 – $4,500,000	5870	n/a	-3.3%
Multifamily	$2,200,000	$1,313,432 – $5,500,000	5383	n/a	-2.7%
Industrial	$2,850,000	$1,468,150 – $7,300,000	4641	n/a	-0.8%
Retail	$1,850,000	$1,206,000 – $3,700,000	3985	n/a	-4.0%
Office	$2,200,000	$1,273,519 – $5,500,000	2078	n/a	+3.8%

Full Data — By Market (CMA)

Cells with fewer than 5recorded sales show a real transaction count with median price as "n/a" — volume, never a fabricated price.

CMA	Asset type	Median price	Transactions	Cap rate range
Barrie	Industrial	$2,675,000	72	n/a
	Land	$4,375,000	94	n/a
	Multifamily	$1,662,500	94	n/a
	Office	$2,512,500	32	n/a
	Other	$1,650,000	87	n/a
	Retail	$2,600,000	52	n/a
Belleville	Industrial	$4,900,000	15	n/a
	Land	$3,675,000	14	n/a
	Multifamily	$2,075,000	24	n/a
	Office	$1,950,000	13	n/a
	Other	$1,599,000	41	n/a
	Retail	$1,435,000	26	n/a
Brantford	Industrial	$3,450,000	71	n/a
	Land	$4,750,000	78	n/a
	Multifamily	$2,100,000	59	n/a
	Office	$1,962,500	18	n/a
	Other	$1,600,000	76	n/a
	Retail	$1,700,000	47	n/a
Greater Sudbury	Industrial	$1,865,000	46	n/a
	Land	$1,904,000	17	n/a
	Multifamily	$1,535,000	71	n/a
	Office	$2,050,000	20	n/a
	Other	$1,526,500	80	n/a
	Retail	$1,950,000	37	n/a
Guelph	Industrial	$2,873,974	68	n/a
	Land	$4,000,000	49	n/a
	Multifamily	$2,450,000	75	n/a
	Office	$2,192,500	36	n/a
	Other	$2,290,000	55	n/a
	Retail	$2,395,000	39	n/a
Hamilton	Industrial	$3,053,075	236	n/a
	Land	$3,875,000	136	n/a
	Multifamily	$1,800,000	292	n/a
	Office	$1,947,500	118	n/a
	Other	$1,835,000	308	n/a
	Retail	$1,662,175	222	n/a
Kingston	Industrial	$1,600,000	48	n/a
	Land	$2,212,500	24	n/a
	Multifamily	$1,800,000	104	n/a
	Office	$1,900,000	25	n/a
	Other	$1,650,000	86	n/a
	Retail	$2,050,000	57	n/a
Kitchener-Cambridge-Waterloo	Industrial	$3,952,500	242	n/a
	Land	$4,685,064	109	n/a
	Multifamily	$2,450,000	381	n/a
	Office	$2,475,000	118	n/a
	Other	$2,200,000	226	n/a
	Retail	$2,000,000	157	n/a
London	Industrial	$2,700,000	115	n/a
	Land	$3,262,424	94	n/a
	Multifamily	$2,128,000	197	n/a
	Office	$2,400,000	71	n/a
	Other	$1,800,000	188	n/a
	Retail	$2,145,000	139	n/a
Oshawa	Industrial	$4,143,200	96	n/a
	Land	$2,800,000	75	n/a
	Multifamily	$2,062,500	150	n/a
	Office	$1,581,706	43	n/a
	Other	$2,062,500	120	n/a
	Retail	$2,157,000	71	n/a
Ottawa	Industrial	$3,404,912	163	n/a
	Land	$3,500,000	165	n/a
	Multifamily	$2,125,000	465	n/a
	Office	$4,625,000	194	n/a
	Other	$2,500,000	309	n/a
	Retail	$2,577,500	198	n/a
Peterborough	Industrial	$2,582,500	16	n/a
	Land	$1,650,000	13	n/a
	Multifamily	$2,600,000	35	n/a
	Office	$1,335,000	13	n/a
	Other	$1,731,250	38	n/a
	Retail	$2,240,000	27	n/a
St. Catharines-Niagara	Industrial	$2,600,000	87	n/a
	Land	$2,264,375	128	n/a
	Multifamily	$1,700,000	174	n/a
	Office	$1,682,500	42	n/a
	Other	$1,857,500	228	n/a
	Retail	$1,550,000	151	n/a
Thunder Bay	Industrial	$1,300,000	39	n/a
	Land	$2,785,000	6	n/a
	Multifamily	$1,325,000	29	n/a
	Office	$1,400,000	23	n/a
	Other	$1,300,000	57	n/a
	Retail	$1,252,000	25	n/a
Toronto	Industrial	$2,792,414	1834	n/a
	Land	$8,237,600	614	n/a
	Multifamily	$2,900,000	1461	n/a
	Office	$2,500,000	767	n/a
	Other	$3,300,000	1047	n/a
	Retail	$2,100,000	1287	n/a
Windsor	Industrial	$2,320,000	119	n/a
	Land	$1,687,500	104	n/a
	Multifamily	$1,766,000	107	n/a
	Office	$1,970,000	49	n/a
	Other	$1,630,000	188	n/a
	Retail	$1,587,500	102	n/a

Download the full dataset

CSV — every asset-type and CMA row behind this report, including thin cells shown as "n/a".

Download the dataset (CSV) ↓

Methodology

Prices are recorded sale prices (CAD). Medians/percentiles are computed with linear interpolation. Implied cap-rate ranges are shown only where enough transactions carry a recorded cap rate; cells with too few sales report null rather than an unreliable figure. No values are estimated or imputed.

Dataset: EVALUAITE commercial real estate transactions, Ontario, 2021–2025 (last 5 years of recorded sales).
Minimum sample sizes: 5+ sales for an asset-type median, 5+ for a market (CMA) median, 3+ disclosed cap rates for a cap-rate range, 5+ sales in both years for a year-over-year figure.
Asset classes: office, retail, industrial, multifamily, land, other.

By the EVALUAITE Team · Source: EVALUAITE Market Intelligence. Published from EVALUAITE's Market Intelligence platform, powered by the Ontario transaction dataset.