Ontario Commercial Real Estate Market Insights
Current market data, cap rate trends, and MPAC assessment statistics to inform your commercial real estate decisions across Ontario.
Cap Rates by Region & Property Type
Current cap rate ranges across major Ontario markets. Data updated quarterly based on recent sales transactions and market analysis.
Downtown Torontostable
stable
Office
4.2%Retail
5.8%Industrial
5.1%Mississaugaup
up
Office
5.1%Retail
6.2%Industrial
5.7%Hamiltonup
up
Office
6.3%Retail
7.1%Industrial
6.8%Ottawastable
stable
Office
5.8%Retail
6.9%Industrial
6.2%Londondown
down
Office
6.8%Retail
7.5%Industrial
7.2%MPAC Assessment Appeal Success Rates
Historical success rates and average assessment reductions by property type for professional appeals in Ontario.
Office Buildings
Success Rate
78%
Average Reduction12.5%
Retail Properties
Success Rate
72%
Average Reduction15.2%
Industrial Facilities
Success Rate
85%
Average Reduction18.7%
Multi-Unit Residential
Success Rate
69%
Average Reduction11.8%
Professional Appeal Advantage
Properties represented by certified appraisers show 40% higher success rates compared to self-represented appeals, with professional documentation and market analysis.
Key Market Trends
Industrial Growth
Industrial properties continue showing strong demand with cap rates compressing in key logistics corridors.
Office Adjustment
Downtown office markets experiencing cap rate expansion as remote work impacts demand patterns.
Retail Resilience
Well-located retail properties maintaining stable valuations with e-commerce integration strategies.