- 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%
- 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% |