Office Building Transactions Summary - Past 12 Months

Single Tenant Transaction Summary:
  • Highest volume of sales: North York - $37,286,000
  • Lowest volume of sales: Etobicoke - $1,040,000
  • Highest average $/SF: North York - $662
  • Lowest average $/SF: Mississauga - $79
  • Average cap rate for GTA: 6.38%
Multi-Tenant Transaction Summary:
  • Highest volume of sales: Toronto - $2,058,579,810
  • Lowest volume of sales: Scarborough - $2,200,000
  • Highest average $/SF: Vaughan - $422
  • Lowest average $/SF: Etobicoke - $138
  • Average cap rate for GTA: 6.48%


Summary Tables:




Single Tenant Office Buildings:


Location Volume Average Sq. Ft Average $/SF Average Cap Rate
Ajax $4,250,000 42,438 $100
Brampton $18,750,000 47,858 $185 7.00%
Burlington $3,797,387 8,672 $215
East York $16,440,000 45,770 $359
Etobicoke $1,040,000 6,000 $173
King $1,425,000 5,512 $259
Markham $6,162,751 2,987 $413
Milton $2,400,000 10,903 $220
Mississauga $4,404,000 74,280 $79
Newmarket $1,200,000 5,681 $211
North York $37,286,000 20,418 $662 7.45%
Oakville $3,470,000 6,011 $289
Richmond Hill $13,148,355 22,110 $353 5.70%
Toronto $19,987,000 13,925 $344 5.00%
Vaughan $24,250,000 34,950 $618 5.70%
Whitchurch-Stouffville $1,520,000 6,023 $252
York $1,550,000 10,000 $155
Grand Total $161,080,493 20,119 $386 6.38%


Multi-Tenant Office Buildings:


Location Volume Average Sq. Ft Average $/SF Average Cap Rate
Brampton $3,100,000 9,150 $229
Burlington $32,215,000 32,403 $247 6.70%
Etobicoke $81,675,343 133,031 $138 8.30%
Markham $71,998,880 83,240 $271 8.20%
Milton $12,250,000 39,353 $311
Mississauga $191,383,386 116,312 $146 7.90%
Newmarket $9,340,000 31,239 $217
North York $157,390,000 84,141 $220 5.90%
Oakville $23,905,000 32,152 $339 7.30%
Scarborough $2,200,000 7,123 $309 6.50%
Toronto $2,058,579,810 149,279 $368 5.42%
Vaughan $8,750,000 20,750 $422
Grand Total $2,652,787,419 110,178 $286 6.48%