Wednesday, July 29, 2026
Family Office Briefing on research byLee & Associates·Oct 29, 2024

2024 Q3 Toronto, ON - Multifamily

Toronto multifamily market tightens with low vacancy at 1.8% in Q3 2024 — family offices should consider co-GP opportunities with strong operators.

Key Metrics

MetricValue
Vacancy Rate1.8%
Asking Rent/Unit2283CAD
Sale Price/Unit364661CAD
Cap Rate4.0%
Under Construction Units31514units

Metrics extracted from the source report and independently fact-checked. Method →

Building a thesis around Multifamily? Share it confidentially with the Thesis Exchange — we pair you anonymously with family offices running adjacent multifamily strategies.

Peer Network · By Invitation

The Thesis Exchange

Share an investment thesis in confidence. We pair you anonymously with up to two other family offices running adjacent strategies. Reviewed by Gallium's editorial team. No vendor pitch.