GTA North

Toronto CAN - Industrial Submarket

Industrial real estate intelligence for the GTA North submarket. 77.9M SF of inventory with 3.4% vacancy. Data sourced from various MLS platforms.

77.9MSF

Inventory

4.5MSF

Available

3.4%

Vacancy

5.6%

Availability Rate

$14.99

Asking Rent

0.1%

Rent Growth

1.0MSF

12mo Absorption

2.3MSF

Under Construction

Market Metrics

12mo Delivered

2.1M SF

Under Constr % of Inv

2.9%%

Sale Price/SF

$283

Cap Rate

4.9%%

12mo Sales Volume

$414,875,758

Sales Vol Growth

69.3%

Asset Value

$22,691,391,502

Net Absorption

+1.0M SF

Recent DC Sales in Market

PropertyPriceSFBuyer
TOR4 - TOR5-40,800Cologix
Markham Data Center$39.3M55,920BGO

Data Centre Development Potential

Moderate vacancy (3.4%) in GTA North suggests a balanced market with selective opportunities for data centre conversion or development. Active construction pipeline of 2.3M SF indicates developer confidence in the submarket. Positive net absorption of 1.0M SF over the past 12 months signals healthy demand fundamentals.

Other Submarkets in Toronto CAN

Mississauga

187.9M SF3.9% vac$13.40

Vaughan

112.8M SF3.3% vac$13.77

Brampton

107.6M SF5.1% vac$13.69

Central Toronto

97.5M SF2.7% vac$15.38

North GTA West

66.8M SF6.6% vac$12.64

West Toronto

69.1M SF3.5% vac$13.17
Luke Tatman

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Data sourced from various MLS platforms. Industrial market data for informational purposes. Professional due diligence recommended.