Simon   Kim

Simon Kim

Sales Representative

Right at Home Realty, Brokerage*

Email Me

Hire A Top Class Real Estate Agent Who Will Invest In Your Future

GTA commercial sales remained strong in 2018

There was a slight dip in the value of commercial real estate sales in the Greater Toronto Area in 2018; but it was another strong performance following the previous year’s record high.

Data from Urbanation shows that the total value of CRE sales in the GTA in 2018 was $21.3 billion, down 3% from 2017; while the number of sales was down 14% to 1,395.

Residential lots saw the largest year-over-year increase, surging 157% or $490 million. The largest gain in dollar terms was for rental apartments which increased by $809 million (60% year-over-year).

Rental Apartment sales totaled $2.4 billion with an average price per suite of $256 (+15%; $230 per suite in 2017) and an average cap rate of 3.4%. The average price of Office Buildings and Industrial Building reached record highs of $380 psf and $147 psf, respectively.

Other strong performers were Office Buildings (+194 million; +4%), and Industrial Buildings (+$53 million; +2%).

Remaining near record-highs despite declines were Retail Buildings at $1.74 billion (-$5 million; -0.3%), Apartment Sites at $2.91 billion (-$248 million; -8%) and Commercial Land at $1.33 billion (-$199 million; -13%).

by Steve Randall 14 Feb 2019


Residential information is

Residential information is more important for those users who want to find the best house. Here you can check all fact and finger from this site. You buy and sales home then you will connect the house the owner of the website. It will you get all the information related to selling and buying the house. This link is very useful for all-purpose


There was a small dip in the worth of profitable real estate sales in the Greater Toronto Area in the year 2018; but it was another robust presentation succeeding the earlier year’s top high. Will you write for Data from Urbana ion displays that the total worth of CRE trades in the GTA in 2018 was $21.3 billion.


On the blog that is being talked about here this time, people are discussing and commenting about some picture that isn’t liked by many others and said that the person posted some of hers bad picture. You did open last night. A few of the people are saying that it isn’t that bad and looks fine.

Have Questions?

By submitting this form, you are providing express consent to receive commercial electronic messages from You may unsubscribe at any time.