02Read the market

Commercial cap-rate bands

457 curated bands. Each one is a low, a mid and a high — because no market clears at a single yield — with the sample basis and the date attached.

Where are Canadian commercial cap rates tightest?

Vancouver multi-residential carries the tightest published mid at 3.65%, on a band of 3.30% to 4.05% from Curated from published quarterly cap-rate surveys and cross-checked against disclosed local transactions..

03Industrial ladder

Industrial cap-rate bands, tightest first
  • Vancouver3.504.25%
  • Victoria3.904.65%
  • Surrey4.004.75%
  • Burnaby3.895.30%
  • Toronto4.204.95%
  • Richmond3.955.36%
  • Mississauga4.305.05%
  • Coquitlam4.065.47%
  • Montreal4.505.25%
  • Brampton4.505.25%

Bar = published band. Tick = band mid.

04Every band

457 rows
Curated Canadian commercial cap-rate bands
VancouverMulti-residential3.30%3.65%4.05%75 bps122026-06-30
VancouverIndustrial3.50%3.85%4.25%75 bps112026-06-30
BurnabyMulti-residential3.28%3.93%4.69%141 bps02026-06-30
RichmondMulti-residential3.33%3.98%4.74%141 bps02026-06-30
VictoriaMulti-residential3.70%4.05%4.45%75 bps62026-06-30
CoquitlamMulti-residential3.47%4.12%4.88%141 bps02026-06-30
SurreyMulti-residential3.80%4.15%4.55%75 bps72026-06-30
VictoriaIndustrial3.90%4.25%4.65%75 bps42026-06-30
LangleyMulti-residential3.65%4.30%5.06%141 bps02026-06-30
TorontoMulti-residential4.00%4.35%4.75%75 bps142026-06-30
SurreyIndustrial4.00%4.35%4.75%75 bps82026-06-30
MississaugaMulti-residential4.10%4.45%4.85%75 bps82026-06-30
MarkhamMulti-residential3.81%4.46%5.22%141 bps02026-06-30
VaughanMulti-residential3.89%4.54%5.30%141 bps02026-06-30
BurnabyIndustrial3.89%4.54%5.30%141 bps02026-06-30
TorontoIndustrial4.20%4.55%4.95%75 bps122026-06-30
AbbotsfordMulti-residential3.90%4.55%5.31%141 bps02026-06-30
OakvilleMulti-residential3.93%4.58%5.34%141 bps02026-06-30
VancouverSelf-storage3.99%4.59%5.27%128 bps02026-06-30
RichmondIndustrial3.95%4.60%5.36%141 bps02026-06-30
VancouverMixed-use4.00%4.60%5.28%128 bps02026-06-30
MontrealMulti-residential4.30%4.65%5.05%75 bps112026-06-30
MississaugaIndustrial4.30%4.65%5.05%75 bps102026-06-30
BramptonMulti-residential4.30%4.65%5.05%75 bps62026-06-30
Richmond HillMulti-residential4.00%4.65%5.41%141 bps02026-06-30
CoquitlamIndustrial4.06%4.71%5.47%141 bps02026-06-30
VancouverRetail4.40%4.75%5.15%75 bps82026-06-30
KelownaMulti-residential4.12%4.77%5.53%141 bps02026-06-30
BurlingtonMulti-residential4.15%4.80%5.56%141 bps02026-06-30
MontrealIndustrial4.50%4.85%5.25%75 bps102026-06-30
OttawaMulti-residential4.50%4.85%5.25%75 bps92026-06-30
BramptonIndustrial4.50%4.85%5.25%75 bps82026-06-30
MiltonMulti-residential4.21%4.86%5.62%141 bps02026-06-30
LavalMulti-residential4.22%4.87%5.63%141 bps02026-06-30
LangleyIndustrial4.24%4.89%5.65%141 bps02026-06-30
DeltaMulti-residential4.24%4.89%5.65%141 bps02026-06-30
ChilliwackMulti-residential4.22%4.92%5.76%154 bps02026-06-30
HamiltonMulti-residential4.60%4.95%5.35%75 bps82026-06-30
AjaxMulti-residential4.32%4.97%5.73%141 bps02026-06-30
NewmarketMulti-residential4.29%4.99%5.83%154 bps02026-06-30
WhitbyMulti-residential4.37%5.02%5.78%141 bps02026-06-30
MarkhamIndustrial4.37%5.02%5.78%141 bps02026-06-30
OttawaIndustrial4.70%5.05%5.45%75 bps72026-06-30
HalifaxMulti-residential4.70%5.05%5.45%75 bps72026-06-30
SurreyMixed-use4.45%5.05%5.73%128 bps02026-06-30
NanaimoMulti-residential4.39%5.09%5.93%154 bps02026-06-30
BurnabyRetail4.44%5.09%5.85%141 bps02026-06-30
SurreySelf-storage4.49%5.09%5.77%128 bps02026-06-30
LongueuilMulti-residential4.47%5.12%5.88%141 bps02026-06-30
VaughanIndustrial4.47%5.12%5.88%141 bps02026-06-30
AbbotsfordIndustrial4.48%5.13%5.89%141 bps02026-06-30
KitchenerMulti-residential4.54%5.14%5.82%128 bps02026-06-30
HamiltonIndustrial4.80%5.15%5.55%75 bps72026-06-30
VictoriaRetail4.80%5.15%5.55%75 bps42026-06-30
GuelphMulti-residential4.50%5.15%5.91%141 bps02026-06-30
PickeringMulti-residential4.45%5.15%5.99%154 bps02026-06-30
Richmond HillIndustrial4.55%5.20%5.96%141 bps02026-06-30
TorontoSelf-storage4.62%5.22%5.90%128 bps02026-06-30
OakvilleIndustrial4.58%5.23%5.99%141 bps02026-06-30
Port CoquitlamMulti-residential4.53%5.23%6.07%154 bps02026-06-30
West KelownaMulti-residential4.54%5.24%6.08%154 bps02026-06-30
Quebec CityMulti-residential4.90%5.25%5.65%75 bps72026-06-30
SurreyRetail4.90%5.25%5.65%75 bps52026-06-30
HalifaxIndustrial4.90%5.25%5.65%75 bps52026-06-30
RichmondRetail4.60%5.25%6.01%141 bps02026-06-30
TorontoMixed-use4.66%5.26%5.94%128 bps02026-06-30
CourtenayMulti-residential4.57%5.27%6.11%154 bps02026-06-30
Maple RidgeMulti-residential4.58%5.28%6.12%154 bps02026-06-30
CoquitlamRetail4.63%5.28%6.04%141 bps02026-06-30
North VancouverMulti-residential4.58%5.28%6.12%154 bps02026-06-30
KamloopsMulti-residential4.59%5.29%6.13%154 bps02026-06-30
New WestminsterMulti-residential4.59%5.29%6.13%154 bps02026-06-30
KelownaIndustrial4.66%5.31%6.07%141 bps02026-06-30
CambridgeMulti-residential4.69%5.34%6.10%141 bps02026-06-30
OshawaMulti-residential4.69%5.34%6.10%141 bps02026-06-30
PentictonMulti-residential4.64%5.34%6.18%154 bps02026-06-30
LondonMulti-residential5.00%5.35%5.75%75 bps62026-06-30
GatineauMulti-residential4.72%5.37%6.13%141 bps02026-06-30
MississaugaSelf-storage4.78%5.38%6.06%128 bps02026-06-30
BurlingtonIndustrial4.74%5.39%6.15%141 bps02026-06-30
MississaugaMixed-use4.82%5.42%6.10%128 bps02026-06-30
VernonMulti-residential4.73%5.43%6.27%154 bps02026-06-30
BarrieMulti-residential4.78%5.43%6.19%141 bps02026-06-30
TorontoRetail5.10%5.45%5.85%75 bps92026-06-30
CalgaryMulti-residential5.10%5.45%5.85%75 bps102026-06-30
Quebec CityIndustrial5.10%5.45%5.85%75 bps62026-06-30
MiltonIndustrial4.80%5.45%6.21%141 bps02026-06-30
LangleyRetail4.83%5.48%6.24%141 bps02026-06-30
DeltaIndustrial4.83%5.48%6.24%141 bps02026-06-30
VancouverOffice5.15%5.50%5.90%75 bps72026-06-30
KingstonMulti-residential4.85%5.50%6.26%141 bps02026-06-30
ChilliwackIndustrial4.82%5.52%6.36%154 bps02026-06-30
AjaxIndustrial4.88%5.53%6.29%141 bps02026-06-30
MississaugaRetail5.20%5.55%5.95%75 bps62026-06-30
LondonIndustrial5.20%5.55%5.95%75 bps52026-06-30
MontrealSelf-storage4.95%5.55%6.23%128 bps02026-06-30
LavalIndustrial4.92%5.57%6.33%141 bps02026-06-30
NewmarketIndustrial4.89%5.59%6.43%154 bps02026-06-30
MarkhamRetail4.95%5.60%6.36%141 bps02026-06-30
WhitbyIndustrial4.95%5.60%6.36%141 bps02026-06-30
BramptonSelf-storage5.00%5.60%6.28%128 bps02026-06-30
NanaimoIndustrial4.91%5.61%6.45%154 bps02026-06-30
St. CatharinesMulti-residential4.96%5.61%6.37%141 bps02026-06-30
BramptonMixed-use5.02%5.62%6.30%128 bps02026-06-30
Campbell RiverMulti-residential4.93%5.63%6.47%154 bps02026-06-30
LévisMulti-residential4.99%5.64%6.40%141 bps02026-06-30
CalgaryIndustrial5.30%5.65%6.05%75 bps92026-06-30
WinnipegMulti-residential5.30%5.65%6.05%75 bps72026-06-30
MontrealMixed-use5.05%5.65%6.33%128 bps02026-06-30
GuelphIndustrial5.03%5.68%6.44%141 bps02026-06-30
AbbotsfordRetail5.03%5.68%6.44%141 bps02026-06-30
KitchenerIndustrial5.09%5.69%6.37%128 bps02026-06-30
VaughanRetail5.05%5.70%6.46%141 bps02026-06-30
LongueuilIndustrial5.09%5.74%6.50%141 bps02026-06-30
MontrealRetail5.40%5.75%6.15%75 bps72026-06-30
BramptonRetail5.40%5.75%6.15%75 bps52026-06-30
WaterlooMulti-residential5.11%5.76%6.52%141 bps02026-06-30
BurnabyOffice5.12%5.77%6.53%141 bps02026-06-30
BrantfordMulti-residential5.12%5.77%6.53%141 bps02026-06-30
OttawaSelf-storage5.17%5.77%6.45%128 bps02026-06-30
PickeringIndustrial5.09%5.79%6.63%154 bps02026-06-30
Richmond HillRetail5.14%5.79%6.55%141 bps02026-06-30
Maple RidgeIndustrial5.11%5.81%6.65%154 bps02026-06-30
New WestminsterIndustrial5.11%5.81%6.65%154 bps02026-06-30
Port CoquitlamIndustrial5.11%5.81%6.65%154 bps02026-06-30
SherbrookeMulti-residential5.17%5.82%6.58%141 bps02026-06-30
WindsorMulti-residential5.18%5.83%6.59%141 bps02026-06-30
OakvilleRetail5.19%5.84%6.60%141 bps02026-06-30
Niagara FallsMulti-residential5.14%5.84%6.68%154 bps02026-06-30
CourtenayIndustrial5.14%5.84%6.68%154 bps02026-06-30
EdmontonMulti-residential5.50%5.85%6.25%75 bps92026-06-30
WinnipegIndustrial5.50%5.85%6.25%75 bps62026-06-30
HamiltonSelf-storage5.25%5.85%6.53%128 bps02026-06-30
North VancouverIndustrial5.15%5.85%6.69%154 bps02026-06-30
OttawaMixed-use5.25%5.85%6.53%128 bps02026-06-30
West KelownaIndustrial5.16%5.86%6.70%154 bps02026-06-30
KelownaRetail5.22%5.87%6.63%141 bps02026-06-30
VictoriaOffice5.55%5.90%6.30%75 bps32026-06-30
OshawaIndustrial5.25%5.90%6.66%141 bps02026-06-30
GatineauIndustrial5.26%5.91%6.67%141 bps02026-06-30
HamiltonMixed-use5.31%5.91%6.59%128 bps02026-06-30
KamloopsIndustrial5.21%5.91%6.75%154 bps02026-06-30
RichmondOffice5.26%5.91%6.67%141 bps02026-06-30
PentictonIndustrial5.22%5.92%6.76%154 bps02026-06-30
CambridgeIndustrial5.28%5.93%6.69%141 bps02026-06-30
OttawaRetail5.60%5.95%6.35%75 bps62026-06-30
HalifaxMixed-use5.35%5.95%6.63%128 bps02026-06-30
HalifaxSelf-storage5.36%5.96%6.64%128 bps02026-06-30
Prince GeorgeMulti-residential5.29%5.99%6.83%154 bps02026-06-30
SurreyOffice5.65%6.00%6.40%75 bps42026-06-30
Norfolk CountyMulti-residential5.30%6.00%6.84%154 bps02026-06-30
Halton HillsMulti-residential5.30%6.00%6.84%154 bps02026-06-30
WoodstockMulti-residential5.31%6.01%6.85%154 bps02026-06-30
CaledonMulti-residential5.31%6.01%6.85%154 bps02026-06-30
BurlingtonRetail5.37%6.02%6.78%141 bps02026-06-30
MiltonRetail5.37%6.02%6.78%141 bps02026-06-30
SaskatoonMulti-residential5.39%6.04%6.80%141 bps02026-06-30
EdmontonIndustrial5.70%6.05%6.45%75 bps82026-06-30
HamiltonRetail5.70%6.05%6.45%75 bps52026-06-30
KitchenerMixed-use5.45%6.05%6.73%128 bps02026-06-30
CoquitlamOffice5.41%6.06%6.82%141 bps02026-06-30
BarrieIndustrial5.41%6.06%6.82%141 bps02026-06-30
PeterboroughMulti-residential5.39%6.09%6.93%154 bps02026-06-30
VancouverHospitality5.49%6.09%6.77%128 bps02026-06-30
DeltaRetail5.44%6.09%6.85%141 bps02026-06-30
VernonIndustrial5.39%6.09%6.93%154 bps02026-06-30
Bradford West GwillimburyMulti-residential5.39%6.09%6.93%154 bps02026-06-30
KitchenerSelf-storage5.50%6.10%6.78%128 bps02026-06-30
Trois-RivièresMulti-residential5.46%6.11%6.87%141 bps02026-06-30
LavalRetail5.46%6.11%6.87%141 bps02026-06-30
St. AlbertMulti-residential5.42%6.12%6.96%154 bps02026-06-30
KingstonIndustrial5.48%6.13%6.89%141 bps02026-06-30
AjaxRetail5.49%6.14%6.90%141 bps02026-06-30
Quebec CitySelf-storage5.54%6.14%6.82%128 bps02026-06-30
HalifaxRetail5.80%6.15%6.55%75 bps42026-06-30
StratfordMulti-residential5.45%6.15%6.99%154 bps02026-06-30
TerrebonneMulti-residential5.52%6.17%6.93%141 bps02026-06-30
LévisIndustrial5.53%6.18%6.94%141 bps02026-06-30
TorontoOffice5.85%6.20%6.60%75 bps82026-06-30
Quebec CityMixed-use5.63%6.23%6.91%128 bps02026-06-30
VancouverSpecial purpose5.64%6.24%6.92%128 bps02026-06-30
KitchenerRetail5.65%6.25%6.93%128 bps02026-06-30
ReginaMulti-residential5.60%6.25%7.01%141 bps02026-06-30
St. CatharinesIndustrial5.61%6.26%7.02%141 bps02026-06-30
LangleyOffice5.61%6.26%7.02%141 bps02026-06-30
WhitbyRetail5.61%6.26%7.02%141 bps02026-06-30
OrilliaMulti-residential5.57%6.27%7.11%154 bps02026-06-30
BellevilleMulti-residential5.57%6.27%7.11%154 bps02026-06-30
Greater SudburyMulti-residential5.62%6.27%7.03%141 bps02026-06-30
Campbell RiverIndustrial5.58%6.28%7.12%154 bps02026-06-30
Saint-HyacintheMulti-residential5.58%6.28%7.12%154 bps02026-06-30
AirdrieMulti-residential5.58%6.28%7.12%154 bps02026-06-30
GuelphRetail5.63%6.28%7.04%141 bps02026-06-30
MississaugaOffice5.95%6.30%6.70%75 bps52026-06-30
CranbrookMulti-residential5.60%6.30%7.14%154 bps02026-06-30
LondonSelf-storage5.70%6.30%6.98%128 bps02026-06-30
CharlottetownMulti-residential5.62%6.32%7.16%154 bps02026-06-30
BrantfordIndustrial5.67%6.32%7.08%141 bps02026-06-30
WellandMulti-residential5.62%6.32%7.16%154 bps02026-06-30
DrummondvilleMulti-residential5.63%6.33%7.17%154 bps02026-06-30
Quebec CityRetail6.00%6.35%6.75%75 bps52026-06-30
LondonMixed-use5.75%6.35%7.03%128 bps02026-06-30
CalgarySelf-storage5.76%6.36%7.04%128 bps02026-06-30
VancouverLand5.76%6.36%7.04%128 bps02026-06-30
MarkhamOffice5.72%6.37%7.13%141 bps02026-06-30
LongueuilRetail5.72%6.37%7.13%141 bps02026-06-30
WaterlooIndustrial5.72%6.37%7.13%141 bps02026-06-30
AbbotsfordOffice5.73%6.38%7.14%141 bps02026-06-30
VaughanOffice5.74%6.39%7.15%141 bps02026-06-30
VictoriavilleMulti-residential5.69%6.39%7.23%154 bps02026-06-30
RepentignyMulti-residential5.69%6.39%7.23%154 bps02026-06-30
Niagara FallsIndustrial5.69%6.39%7.23%154 bps02026-06-30
Val-d'OrMulti-residential5.71%6.41%7.25%154 bps02026-06-30
BrossardMulti-residential5.72%6.42%7.26%154 bps02026-06-30
SherbrookeIndustrial5.77%6.42%7.18%141 bps02026-06-30
CalgaryMixed-use5.83%6.43%7.11%128 bps02026-06-30
FrederictonMulti-residential5.73%6.43%7.27%154 bps02026-06-30
Saint-Jean-sur-RichelieuMulti-residential5.74%6.44%7.28%154 bps02026-06-30
Chatham-KentMulti-residential5.79%6.44%7.20%141 bps02026-06-30
St. John'sMulti-residential5.79%6.44%7.20%141 bps02026-06-30
Sept-IlesMulti-residential5.74%6.44%7.28%154 bps02026-06-30
LondonRetail6.10%6.45%6.85%75 bps42026-06-30
GranbyMulti-residential5.75%6.45%7.29%154 bps02026-06-30
WindsorIndustrial5.81%6.46%7.22%141 bps02026-06-30
MonctonMulti-residential5.76%6.46%7.30%154 bps02026-06-30
Salaberry-de-ValleyfieldMulti-residential5.77%6.47%7.31%154 bps02026-06-30
CornwallMulti-residential5.77%6.47%7.31%154 bps02026-06-30
SarniaMulti-residential5.77%6.47%7.31%154 bps02026-06-30
Saint-JeromeMulti-residential5.78%6.48%7.32%154 bps02026-06-30
SaguenayMulti-residential5.84%6.49%7.25%141 bps02026-06-30
OshawaRetail5.84%6.49%7.25%141 bps02026-06-30
MontrealOffice6.15%6.50%6.90%75 bps62026-06-30
BramptonOffice6.15%6.50%6.90%75 bps42026-06-30
WinnipegSelf-storage5.90%6.50%7.18%128 bps02026-06-30
OakvilleOffice5.85%6.50%7.26%141 bps02026-06-30
GatineauRetail5.88%6.53%7.29%141 bps02026-06-30
Owen SoundMulti-residential5.84%6.54%7.38%154 bps02026-06-30
Richmond HillOffice5.89%6.54%7.30%141 bps02026-06-30
CalgaryRetail6.20%6.55%6.95%75 bps72026-06-30
WinnipegMixed-use5.95%6.55%7.23%128 bps02026-06-30
SurreyHospitality5.96%6.56%7.24%128 bps02026-06-30
CambridgeRetail5.92%6.57%7.33%141 bps02026-06-30
KelownaOffice5.92%6.57%7.33%141 bps02026-06-30
North BayMulti-residential5.89%6.59%7.43%154 bps02026-06-30
WoodstockIndustrial5.90%6.60%7.44%154 bps02026-06-30
BarrieRetail5.95%6.60%7.36%141 bps02026-06-30
Bradford West GwillimburyIndustrial5.90%6.60%7.44%154 bps02026-06-30
Thunder BayMulti-residential5.96%6.61%7.37%141 bps02026-06-30
Halton HillsIndustrial5.94%6.64%7.48%154 bps02026-06-30
SaskatoonIndustrial6.00%6.65%7.41%141 bps02026-06-30
PeterboroughIndustrial5.95%6.65%7.49%154 bps02026-06-30
BrandonMulti-residential5.95%6.65%7.49%154 bps02026-06-30
Norfolk CountyIndustrial5.97%6.67%7.51%154 bps02026-06-30
LethbridgeMulti-residential5.98%6.68%7.52%154 bps02026-06-30
Trois-RivièresIndustrial6.03%6.68%7.44%141 bps02026-06-30
Prince GeorgeIndustrial5.99%6.69%7.53%154 bps02026-06-30
CaledonIndustrial5.99%6.69%7.53%154 bps02026-06-30
Red DeerMulti-residential6.04%6.69%7.45%141 bps02026-06-30
OttawaOffice6.35%6.70%7.10%75 bps62026-06-30
TerrebonneIndustrial6.05%6.70%7.46%141 bps02026-06-30
SurreySpecial purpose6.11%6.71%7.39%128 bps02026-06-30
St. AlbertIndustrial6.02%6.72%7.56%154 bps02026-06-30
TorontoHospitality6.13%6.73%7.41%128 bps02026-06-30
WinnipegRetail6.40%6.75%7.15%75 bps52026-06-30
BurlingtonOffice6.10%6.75%7.51%141 bps02026-06-30
Saint JohnMulti-residential6.05%6.75%7.59%154 bps02026-06-30
EdmontonSelf-storage6.15%6.75%7.43%128 bps02026-06-30
KingstonRetail6.10%6.75%7.51%141 bps02026-06-30
StratfordIndustrial6.06%6.76%7.60%154 bps02026-06-30
RimouskiMulti-residential6.06%6.76%7.60%154 bps02026-06-30
SummersideMulti-residential6.06%6.76%7.60%154 bps02026-06-30
MiltonOffice6.12%6.77%7.53%141 bps02026-06-30
DeltaOffice6.14%6.79%7.55%141 bps02026-06-30
AjaxOffice6.14%6.79%7.55%141 bps02026-06-30
HamiltonOffice6.45%6.80%7.20%75 bps42026-06-30
WinklerMulti-residential6.10%6.80%7.64%154 bps02026-06-30
OkotoksMulti-residential6.11%6.81%7.65%154 bps02026-06-30
LévisRetail6.16%6.81%7.57%141 bps02026-06-30
St. CatharinesRetail6.16%6.81%7.57%141 bps02026-06-30
LavalOffice6.17%6.82%7.58%141 bps02026-06-30
SurreyLand6.23%6.83%7.51%128 bps02026-06-30
MississaugaHospitality6.23%6.83%7.51%128 bps02026-06-30
Saint-HyacintheIndustrial6.14%6.84%7.68%154 bps02026-06-30
TruroMulti-residential6.14%6.84%7.68%154 bps02026-06-30
OrilliaIndustrial6.15%6.85%7.69%154 bps02026-06-30
Sault Ste. MarieMulti-residential6.15%6.85%7.69%154 bps02026-06-30
EdmontonMixed-use6.25%6.85%7.53%128 bps02026-06-30
SteinbachMulti-residential6.16%6.86%7.70%154 bps02026-06-30
LeducMulti-residential6.16%6.86%7.70%154 bps02026-06-30
ReginaIndustrial6.22%6.87%7.63%141 bps02026-06-30
Fort SaskatchewanMulti-residential6.17%6.87%7.71%154 bps02026-06-30
BellevilleIndustrial6.18%6.88%7.72%154 bps02026-06-30
AirdrieIndustrial6.18%6.88%7.72%154 bps02026-06-30
WaterlooRetail6.24%6.89%7.65%141 bps02026-06-30
Spruce GroveMulti-residential6.19%6.89%7.73%154 bps02026-06-30
CochraneMulti-residential6.19%6.89%7.73%154 bps02026-06-30
HalifaxOffice6.55%6.90%7.30%75 bps42026-06-30
TorontoSpecial purpose6.30%6.90%7.58%128 bps02026-06-30
BrantfordRetail6.25%6.90%7.66%141 bps02026-06-30
CharlottetownIndustrial6.21%6.91%7.75%154 bps02026-06-30
WhitbyOffice6.26%6.91%7.67%141 bps02026-06-30
Greater SudburyIndustrial6.26%6.91%7.67%141 bps02026-06-30
ShawiniganMulti-residential6.22%6.92%7.76%154 bps02026-06-30
WhitehorseMulti-residential6.24%6.94%7.78%154 bps02026-06-30
WellandIndustrial6.24%6.94%7.78%154 bps02026-06-30
EdmontonRetail6.60%6.95%7.35%75 bps62026-06-30
MississaugaSpecial purpose6.35%6.95%7.63%128 bps02026-06-30
CranbrookIndustrial6.25%6.95%7.79%154 bps02026-06-30
DrummondvilleIndustrial6.25%6.95%7.79%154 bps02026-06-30
Chatham-KentIndustrial6.32%6.97%7.73%141 bps02026-06-30
GuelphOffice6.32%6.97%7.73%141 bps02026-06-30
KitchenerOffice6.38%6.98%7.66%128 bps02026-06-30
FrederictonIndustrial6.29%6.99%7.83%154 bps02026-06-30
GranbyIndustrial6.29%6.99%7.83%154 bps02026-06-30
WindsorRetail6.34%6.99%7.75%141 bps02026-06-30
St. John'sIndustrial6.34%6.99%7.75%141 bps02026-06-30
Val-d'OrIndustrial6.29%6.99%7.83%154 bps02026-06-30
Saint-Jean-sur-RichelieuIndustrial6.30%7.00%7.84%154 bps02026-06-30
TorontoLand6.40%7.00%7.68%128 bps02026-06-30
CornwallIndustrial6.31%7.01%7.85%154 bps02026-06-30
Moose JawMulti-residential6.31%7.01%7.85%154 bps02026-06-30
RepentignyIndustrial6.32%7.02%7.86%154 bps02026-06-30
DartmouthMulti-residential6.33%7.03%7.87%154 bps02026-06-30
Medicine HatMulti-residential6.33%7.03%7.87%154 bps02026-06-30
SherbrookeRetail6.39%7.04%7.80%141 bps02026-06-30
LongueuilOffice6.39%7.04%7.80%141 bps02026-06-30
BrossardIndustrial6.34%7.04%7.88%154 bps02026-06-30
Saint-JeromeIndustrial6.35%7.05%7.89%154 bps02026-06-30
TimminsMulti-residential6.35%7.05%7.89%154 bps02026-06-30
SydneyMulti-residential6.35%7.05%7.89%154 bps02026-06-30
SarniaIndustrial6.35%7.05%7.89%154 bps02026-06-30
VictoriavilleIndustrial6.35%7.05%7.89%154 bps02026-06-30
BathurstMulti-residential6.35%7.05%7.89%154 bps02026-06-30
MonctonIndustrial6.35%7.05%7.89%154 bps02026-06-30
Sept-IlesIndustrial6.36%7.06%7.90%154 bps02026-06-30
BramptonHospitality6.48%7.08%7.76%128 bps02026-06-30
Salaberry-de-ValleyfieldIndustrial6.39%7.09%7.93%154 bps02026-06-30
MontrealHospitality6.49%7.09%7.77%128 bps02026-06-30
Quebec CityOffice6.75%7.10%7.50%75 bps42026-06-30
MississaugaLand6.51%7.11%7.79%128 bps02026-06-30
New GlasgowMulti-residential6.42%7.12%7.96%154 bps02026-06-30
Rouyn-NorandaMulti-residential6.42%7.12%7.96%154 bps02026-06-30
Owen SoundIndustrial6.43%7.13%7.97%154 bps02026-06-30
MiramichiMulti-residential6.45%7.15%7.99%154 bps02026-06-30
SaguenayIndustrial6.51%7.16%7.92%141 bps02026-06-30
DieppeMulti-residential6.47%7.17%8.01%154 bps02026-06-30
MontrealSpecial purpose6.59%7.19%7.87%128 bps02026-06-30
LondonOffice6.85%7.20%7.60%75 bps32026-06-30
LethbridgeIndustrial6.50%7.20%8.04%154 bps02026-06-30
CambridgeOffice6.56%7.21%7.97%141 bps02026-06-30
Thunder BayIndustrial6.56%7.21%7.97%141 bps02026-06-30
GatineauOffice6.57%7.22%7.98%141 bps02026-06-30
North BayIndustrial6.53%7.23%8.07%154 bps02026-06-30
Grande PrairieMulti-residential6.55%7.25%8.09%154 bps02026-06-30
BramptonSpecial purpose6.65%7.25%7.93%128 bps02026-06-30
SaskatoonRetail6.60%7.25%8.01%141 bps02026-06-30
BrandonIndustrial6.55%7.25%8.09%154 bps02026-06-30
OttawaHospitality6.66%7.26%7.94%128 bps02026-06-30
OshawaOffice6.62%7.27%8.03%141 bps02026-06-30
Prince AlbertMulti-residential6.57%7.27%8.11%154 bps02026-06-30
TerrebonneRetail6.63%7.28%8.04%141 bps02026-06-30
Swift CurrentMulti-residential6.59%7.29%8.13%154 bps02026-06-30
CalgaryOffice6.95%7.30%7.70%75 bps62026-06-30
Trois-RivièresRetail6.67%7.32%8.08%141 bps02026-06-30
RimouskiIndustrial6.62%7.32%8.16%154 bps02026-06-30
Corner BrookMulti-residential6.64%7.34%8.18%154 bps02026-06-30
BramptonLand6.74%7.34%8.02%128 bps02026-06-30
Saint JohnIndustrial6.64%7.34%8.18%154 bps02026-06-30
Red DeerIndustrial6.69%7.34%8.10%141 bps02026-06-30
BarrieOffice6.70%7.35%8.11%141 bps02026-06-30
SummersideIndustrial6.66%7.36%8.20%154 bps02026-06-30
MontrealLand6.77%7.37%8.05%128 bps02026-06-30
HamiltonHospitality6.78%7.38%8.06%128 bps02026-06-30
OkotoksIndustrial6.69%7.39%8.23%154 bps02026-06-30
TruroIndustrial6.70%7.40%8.24%154 bps02026-06-30
SteinbachIndustrial6.71%7.41%8.25%154 bps02026-06-30
HalifaxHospitality6.81%7.41%8.09%128 bps02026-06-30
KingstonOffice6.76%7.41%8.17%141 bps02026-06-30
Sault Ste. MarieIndustrial6.73%7.43%8.27%154 bps02026-06-30
CochraneIndustrial6.73%7.43%8.27%154 bps02026-06-30
Mount PearlMulti-residential6.73%7.43%8.27%154 bps02026-06-30
Spruce GroveIndustrial6.74%7.44%8.28%154 bps02026-06-30
OttawaSpecial purpose6.84%7.44%8.12%128 bps02026-06-30
YellowknifeMulti-residential6.74%7.44%8.28%154 bps02026-06-30
ReginaRetail6.80%7.45%8.21%141 bps02026-06-30
LeducIndustrial6.75%7.45%8.29%154 bps02026-06-30
WinklerIndustrial6.76%7.46%8.30%154 bps02026-06-30
Greater SudburyRetail6.82%7.47%8.23%141 bps02026-06-30
Fort SaskatchewanIndustrial6.77%7.47%8.31%154 bps02026-06-30
WinnipegOffice7.15%7.50%7.90%75 bps42026-06-30
LévisOffice6.85%7.50%8.26%141 bps02026-06-30
Fort McMurrayMulti-residential6.80%7.50%8.34%154 bps02026-06-30
ShawiniganIndustrial6.81%7.51%8.35%154 bps02026-06-30
KitchenerHospitality6.91%7.51%8.19%128 bps02026-06-30
HamiltonSpecial purpose6.94%7.54%8.22%128 bps02026-06-30
St. CatharinesOffice6.89%7.54%8.30%141 bps02026-06-30
OttawaLand6.95%7.55%8.23%128 bps02026-06-30
WhitehorseIndustrial6.85%7.55%8.39%154 bps02026-06-30
HalifaxSpecial purpose6.97%7.57%8.25%128 bps02026-06-30
Medicine HatIndustrial6.89%7.59%8.43%154 bps02026-06-30
Quebec CityHospitality7.00%7.60%8.28%128 bps02026-06-30
Chatham-KentRetail6.95%7.60%8.36%141 bps02026-06-30
BathurstIndustrial6.90%7.60%8.44%154 bps02026-06-30
DartmouthIndustrial6.91%7.61%8.45%154 bps02026-06-30
St. John'sRetail6.97%7.62%8.38%141 bps02026-06-30
TimminsIndustrial6.93%7.63%8.47%154 bps02026-06-30
BrantfordOffice6.99%7.64%8.40%141 bps02026-06-30
WaterlooOffice7.02%7.67%8.43%141 bps02026-06-30
SydneyIndustrial6.97%7.67%8.51%154 bps02026-06-30
WindsorOffice7.02%7.67%8.43%141 bps02026-06-30
HamiltonLand7.07%7.67%8.35%128 bps02026-06-30
Moose JawIndustrial6.97%7.67%8.51%154 bps02026-06-30
KitchenerSpecial purpose7.09%7.69%8.37%128 bps02026-06-30
SaguenayRetail7.04%7.69%8.45%141 bps02026-06-30
EdmontonOffice7.35%7.70%8.10%75 bps52026-06-30
LondonHospitality7.10%7.70%8.38%128 bps02026-06-30
DieppeIndustrial7.04%7.74%8.58%154 bps02026-06-30
Quebec CitySpecial purpose7.15%7.75%8.43%128 bps02026-06-30
HalifaxLand7.16%7.76%8.44%128 bps02026-06-30
New GlasgowIndustrial7.06%7.76%8.60%154 bps02026-06-30
Thunder BayRetail7.12%7.77%8.53%141 bps02026-06-30
SherbrookeOffice7.12%7.77%8.53%141 bps02026-06-30
MiramichiIndustrial7.08%7.78%8.62%154 bps02026-06-30
Rouyn-NorandaIndustrial7.09%7.79%8.63%154 bps02026-06-30
Grande PrairieIndustrial7.12%7.82%8.66%154 bps02026-06-30
Prince AlbertIndustrial7.14%7.84%8.68%154 bps02026-06-30
Swift CurrentIndustrial7.15%7.85%8.69%154 bps02026-06-30
Corner BrookIndustrial7.19%7.89%8.73%154 bps02026-06-30
IqaluitMulti-residential7.19%7.89%8.73%154 bps02026-06-30
KitchenerLand7.29%7.89%8.57%128 bps02026-06-30
CalgaryHospitality7.29%7.89%8.57%128 bps02026-06-30
Quebec CityLand7.32%7.92%8.60%128 bps02026-06-30
LondonSpecial purpose7.33%7.93%8.61%128 bps02026-06-30
SaskatoonOffice7.30%7.95%8.71%141 bps02026-06-30
Red DeerRetail7.31%7.96%8.72%141 bps02026-06-30
LondonLand7.42%8.02%8.70%128 bps02026-06-30
Mount PearlIndustrial7.33%8.03%8.87%154 bps02026-06-30
CalgarySpecial purpose7.45%8.05%8.73%128 bps02026-06-30
WinnipegHospitality7.45%8.05%8.73%128 bps02026-06-30
Trois-RivièresOffice7.41%8.06%8.82%141 bps02026-06-30
TerrebonneOffice7.41%8.06%8.82%141 bps02026-06-30
ReginaOffice7.43%8.08%8.84%141 bps02026-06-30
YellowknifeIndustrial7.38%8.08%8.92%154 bps02026-06-30
Fort McMurrayIndustrial7.42%8.12%8.96%154 bps02026-06-30
WinnipegSpecial purpose7.58%8.18%8.86%128 bps02026-06-30
CalgaryLand7.60%8.20%8.88%128 bps02026-06-30
EdmontonHospitality7.65%8.25%8.93%128 bps02026-06-30
Greater SudburyOffice7.62%8.27%9.03%141 bps02026-06-30
Chatham-KentOffice7.65%8.30%9.06%141 bps02026-06-30
St. John'sOffice7.68%8.33%9.09%141 bps02026-06-30
EdmontonSpecial purpose7.77%8.37%9.05%128 bps02026-06-30
WinnipegLand7.78%8.38%9.06%128 bps02026-06-30
IqaluitIndustrial7.75%8.45%9.29%154 bps02026-06-30
SaguenayOffice7.80%8.45%9.21%141 bps02026-06-30
Thunder BayOffice7.89%8.54%9.30%141 bps02026-06-30
EdmontonLand7.98%8.58%9.26%128 bps02026-06-30
Red DeerOffice7.93%8.58%9.34%141 bps02026-06-30

How these figures were produced

  • ObservedRecorded directly from the cited transaction or survey, unadjusted.
  • ModelledDerived arithmetically from observed inputs using the published method; not a market quote.
  • Baseline seedA documented starting estimate awaiting first observation. Treat as an order-of-magnitude figure only.
How Valulor computes these numbers

Not adviceValulor is a data publisher. Every figure here is an indicated value produced by published capitalisation math from inputs you supply — not an AACI, MAI or otherwise accredited opinion of value, not an appraisal, and not advice. Lenders, courts and tax authorities require an appraisal from a licensed appraiser; confirm any number here before you rely on it. About Valulor