CRE This Week: What's impacting the Canadian market
October 14, 2026 - Canada commercial real estate market insights, indicators, and notable transactions
October 14, 2026
Welcome to the latest edition of CRE This Week, powered by Altus Data Studio.
Our team has handpicked new and noteworthy market indicators, articles, and significant industry transactions that are impacting Canada's commercial real estate sector. We understand that your time is valuable, so we're excited to deliver research that helps you stay informed and saves you some time each Wednesday morning.
FEATURED TrANSACTIONS
Canada property transactions
Greater Toronto Area: Retail
1 Masseyfield Gate, Markham
$4,568,000
$380 per sq. ft.
Greater Vancouver Area: Retail
4303 Hastings Street, Burnaby
$7,000,000
$841 per sq. ft.
Broker(s): Roderick MacKay, Meg Cooney, Stephen Gammer, Naz Diva (William Wright Commercial Real Estate)
Greater Calgary Area: Industrial
2120 Pegasus Way NE, Calgary
$4,600,000
$243 per sq. ft.
Greater Golden Horseshoe: Retail
214 Speedvale Avenue West, Guelph
$3,600,000
$209 per sq. ft.
Greater Toronto Area
Sector | Municipality | Address | Price | Unit Price | Parameters |
|---|---|---|---|---|---|
Apartment | Old Toronto | 6-8 Gloucester Street | $162,000,000 | $692,308 | per unit |
Office | Old Toronto | 33 Dundas Street East | $55,000,000 | $973 | per sq. ft. |
Industrial | Ajax | 180 Station Street | $39,294,041 | $1,302 | per sq. ft. |
Greater Vancouver Area
Sector | Municipality | Address | Price | Unit Price | Parameters | Brokers |
|---|---|---|---|---|---|---|
Office | Surrey | Units 1203-1209 9686 137th Street | $9,343,493 | $1,197 | per sq. ft. | Jason Teahen, Rob Chasmar, Arun Heed (Colliers) |
Industrial | Burnaby | 8705 Government Street | $3,825,000 | $478 | per sq. ft. | Sam Emam, Trideep Chakraborty (Paradigm Group), Calvin Owen Jones (NAI Commercial) |
Industrial | Mission | 7261 River Place, Units 2 & 3 | $3,800,000 | $335 | per sq. ft. |
Greater Calgary Area
Sector | Municipality | Address | Price | Unit Price | Parameters | Broker(s) |
|---|---|---|---|---|---|---|
Hotel | Calgary | 1804 Crowchild Trail NW | $27,000,000 | $168,750 | per room | |
Industrial | Calgary | 2828 54th Avenue SE | $4,600,000 | $148 | per sq. ft. | David Jantzie, Kent Bacon, Tristan Starzynski (Avison Young) |
Retail | Calgary | #3110 & #3199, 55 Belvedere Boulevard SE | $3,432,175 | $594 | per sq. ft. |
Greater Golden Horseshoe
Sector | Municipality | Address | Price | Unit Price | Parameters |
|---|---|---|---|---|---|
Apartment | Hamilton | 2126 Rymal Road East | $101,590,000 | $561,271 | per room |
Retail | St. Catharines | 135 - 139 Queenston Street | $1,550,000 | $218 | per sq. ft. |
Industrial | Brantford | 114 Easton Road | $1,400,000 | $288 | per sq. ft. |
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About our research team
Edward Jegg
Research Manager, Data Solutions
Altus Group
Edward Jegg is a Research Manager, Data Solutions at Altus Group, with over 35 years of commercial real estate expertise. He delivers market intelligence across Canada, transforming complex data into actionable insights for investment decision-making. Edward is a recognized expert in real estate trends and recipient of BILD's Chair's Award of Merit.
Jennifer Nhieu
Senior Research Analyst, Data Solutions
Altus Group
Jennifer Nhieu is a Senior Research Analyst, Data Solutions with Altus Group, where she specializes in providing timely, data-driven insights into the Canadian market. Leveraging her background in CRE and geographic information science, Jennifer is a key contributor to Altus Group’s quarterly research insights. She transforms complex data sets into clear, actionable intelligence, helping stakeholders make informed decisions.
About the Data Solutions team
Behind every update in our newsletter is the work of our Data Solutions team, a group dedicated to keeping you informed on commercial real estate activity across Canada. From Vancouver to Toronto (and everywhere in between), they track transactions, visit properties, and add the local context that numbers alone can’t capture. Their work goes beyond deals, by providing insights into new home developments and sales trends, as well as detailed office and industrial inventory data across key markets, from Montreal and Calgary to Winnipeg, Quebec City, and Atlantic Canada.
Disclaimer: The opinions expressed in this newsletter are solely those of the authors and are not endorsed by Altus Group Limited, its affiliates and its related entities (collectively “Altus Group”). This publication has been prepared for general guidance on matters of interest only and does not constitute professional advice or services of Altus Group. You should not act upon the information contained in this publication without obtaining specific professional advice. No representation or warranty (express or implied) is given as to the accuracy, completeness or reliability of the information contained in this publication, or the suitability of the information for a particular purpose. To the extent permitted by law, Altus Group does not accept or assume any liability, responsibility or duty of care for any consequences of you or anyone else acting, or refraining to act, in reliance on the information contained in this publication or for any decision based on it. The distribution of this publication to you does not create, extend or revive a client relationship between Altus Group and you or any other person or entity. This publication, or any part thereof, may not be reproduced or distributed in any form for any purpose without the express written consent of Altus Group.
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