Greater Toronto multi-residential
investment review
Fall 2024
Year-over-year investment activity in the Greater Toronto Area (GTA) multi-residential market increased significantly in the third quarter of 2024, as downward pressure on bond rates brought buyers and sellers into the market. A total of 3,261 units traded in the third quarter of 2024, up from 1,266 units during the second quarter and 574 units during the same period in 2023 – representing a 158% increase in unit volume quarter-over-quarter, and a 468% increase year-over-year. The increase in investment volume was supported by the sale of two large, institutional-quality portfolio transactions (Greenrock – Brookfield Portfolio and Oxford - Starlight Portfolio).
$1.6B
total multi-residential investment volume Q1 to Q3 2024
up 86% year-over-year
38
number of investment sales transactions Q1 to Q3 2024
up from 32 year-over-year
4.2%
average capitalization rate for multi-residential assets
up 20 bps year-over-year
Your source for the latest Toronto multi-residential market reports
Get in-depth multi-residential market reports and insights from commercial real estate experts in the Greater Toronto area. Avison Young advisors look at Toronto commercial real estate activities and the latest Toronto statistics to provide you expert market research on Toronto's multi-residential properties.
Explore different topics like the latest multi-residential market pricing trends and analysis of Toronto's current multi-residential real estate market conditions. Gain a better understanding of Toronto’s multi-residential real estate outlook and stay ahead of current multi-residential space trends. Make smart decisions when it comes to investing in multi-residential properties in Toronto's competitive multi-residential real estate market. Avison Young is your trusted source for commercial real estate multi-residential market insights in Toronto.
The dashboard was delivered through AVANT by Avison Young: leveraging real-time data and analytics to make cities and location-based decisions more transparent and efficient. Learn more about AVANT.
Explore different topics like the latest multi-residential market pricing trends and analysis of Toronto's current multi-residential real estate market conditions. Gain a better understanding of Toronto’s multi-residential real estate outlook and stay ahead of current multi-residential space trends. Make smart decisions when it comes to investing in multi-residential properties in Toronto's competitive multi-residential real estate market. Avison Young is your trusted source for commercial real estate multi-residential market insights in Toronto.
The dashboard was delivered through AVANT by Avison Young: leveraging real-time data and analytics to make cities and location-based decisions more transparent and efficient. Learn more about AVANT.