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 $2,150,000, across 29,334 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

$6.4M

Transactions recorded

29K

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 – $3,860,000	7703	n/a	-19.8%
Land	$2,400,000	$1,510,250 – $4,421,214	5771	n/a	-3.3%
Multifamily	$2,134,329	$1,300,000 – $5,233,750	5278	n/a	-2.7%
Industrial	$2,825,000	$1,458,304 – $7,202,752	4596	n/a	-0.8%
Retail	$1,820,000	$1,200,000 – $3,637,379	3941	n/a	-4.0%
Office	$2,150,000	$1,265,000 – $5,430,000	2045	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	$2,650,000	69	n/a
	Land	$4,325,000	90	n/a
	Multifamily	$1,650,000	93	n/a
	Office	$2,450,000	30	n/a
	Other	$1,650,000	87	n/a
	Retail	$2,600,000	51	n/a
Belleville	Industrial	$4,900,000	15	n/a
	Land	$3,600,000	13	n/a
	Multifamily	$2,050,000	23	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	$4,500,000	73	n/a
	Multifamily	$2,000,000	56	n/a
	Office	$1,962,500	18	n/a
	Other	$1,600,000	75	n/a
	Retail	$1,675,000	46	n/a
Greater Sudbury	Industrial	$1,865,000	46	n/a
	Land	$1,904,000	17	n/a
	Multifamily	$1,535,000	69	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	$2,850,000	67	n/a
	Land	$4,000,000	49	n/a
	Multifamily	$2,225,154	74	n/a
	Office	$2,192,500	36	n/a
	Other	$2,290,000	55	n/a
	Retail	$2,342,500	38	n/a
Hamilton	Industrial	$3,053,075	236	n/a
	Land	$3,850,000	134	n/a
	Multifamily	$1,779,000	287	n/a
	Office	$1,885,000	116	n/a
	Other	$1,775,000	306	n/a
	Retail	$1,650,000	221	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	$4,000,000	239	n/a
	Land	$4,617,532	102	n/a
	Multifamily	$2,400,000	372	n/a
	Office	$2,325,000	111	n/a
	Other	$2,200,000	224	n/a
	Retail	$2,000,000	152	n/a
London	Industrial	$2,700,000	114	n/a
	Land	$3,250,000	93	n/a
	Multifamily	$2,075,750	195	n/a
	Office	$2,310,000	69	n/a
	Other	$1,800,000	188	n/a
	Retail	$2,100,000	137	n/a
Oshawa	Industrial	$4,143,200	96	n/a
	Land	$2,800,000	73	n/a
	Multifamily	$1,900,000	145	n/a
	Office	$1,581,706	43	n/a
	Other	$2,000,000	119	n/a
	Retail	$2,157,000	71	n/a
Ottawa	Industrial	$3,402,456	162	n/a
	Land	$3,400,000	157	n/a
	Multifamily	$2,085,000	455	n/a
	Office	$4,550,000	193	n/a
	Other	$2,500,000	307	n/a
	Retail	$2,517,500	194	n/a
Peterborough	Industrial	$2,582,500	16	n/a
	Land	$1,650,000	13	n/a
	Multifamily	$2,295,000	32	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	$2,239,375	126	n/a
	Multifamily	$1,700,000	172	n/a
	Office	$1,682,500	42	n/a
	Other	$1,840,000	226	n/a
	Retail	$1,550,000	149	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	$2,751,100	1813	n/a
	Land	$8,100,000	591	n/a
	Multifamily	$2,800,000	1426	n/a
	Office	$2,450,000	753	n/a
	Other	$3,279,444	1042	n/a
	Retail	$2,082,500	1268	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.