🇨🇦North America

Toronto

Canada's largest data centre market, benefiting from Ontario's nuclear and hydroelectric base load. Data sovereignty requirements drive domestic enterprise demand.

560MW

Total Capacity

68

Active Facilities

4.8%

Vacancy Rate

$0.088/kWh

Power Cost

480MW

Pipeline

4/10

Regulatory Risk

$200K/acre

Land Cost

14mo

Permit Timeline

Capacity Growth Trend

+480 MW pipeline

Market Highlights

  • Canadian data residency requirements anchoring enterprise demand
  • Ontario nuclear and hydro providing low-carbon baseload power
  • Growing AI and machine learning workload demand from Toronto's tech sector

58%

Renewable Energy

110 MW

Annual Absorption

Key Providers

EquinixDigital RealtyCologixeStruxtureRogers

Top Facilities (8 tracked)

Facility
TR1
TR2
DLR Toronto
Cyxtera Toronto
Compass Toronto
Yondr Toronto
Qu Toronto 1
Qu Toronto 2

View all 1,138 facilities in our global directory.

Recent Deals

Sale15 Aug 2025

Rogers sells 9 Canadian facilities - Qu formed

InfraRed Capital Partners acquired 9 data centres from Rogers Communications for $800M, using them to launch new Canadian operator Qu.

$800M75 MW

CoStar Market Data

Recent Sales (5 in market)

PropertyPriceSFDate
TOR4 - TOR5-40,80009/18/2025
TR1$659.6M205,00008/16/2023
Telehouse - 905 King Street W$157.1M109,77608/16/2023
55H$61.9M215,10006/15/2023
YYZ II$30.7M214,59308/05/2021
View all 489 sales comps →

Interested in Toronto?

Luke Tatman and our advisory team provide market-specific intelligence, site selection support, and transaction guidance.

Talk to Luke →