Multi-family 'most stable asset' says Colliers

Condo-quality purpose-built rental apartments are a growing trend across the nation and the most stable asset class in Canada, according to a new report.

Colliers International’s Multi-family Real Estate Report 2015 examines the state of the market in eight cities: Calgary, Edmonton, Montreal, Ottawa, Toronto, Vancouver, Victoria and Winnipeg.

Matthew Bruchkowsky of Colliers said that almost every city seems to be witnessing this class of building. “A condominium-style apartment rental provides the developer the opportunity for longer-term cash flow," he says.

"Development returns can be tight if land acquisition is required; however, there is sufficient appetite as high-quality, well-capitalized projects enter the market.”

Vacancy rates and rents have remained fairly stable in the past year with the exception of Calgary, Edmonton and Victoria, where the oil decline has had an impact. 

Are you looking to invest in property? If you like, we can get one of our mortgage experts to tell you exactly how much you can afford to borrow, which is the best mortgage for you or how much they could save you right now if you have an existing mortgage. Click here to get help choosing the best mortgage rate

Market update:

Investment Hot Spots:
Kenmore, Milton, Chambly, Dumfries, Kemptville

Get help choosing the best mortgage rate

Just fill in a few details, and we'll arrange for a Mortgage adviser to help you find the best mortgage for your needs

  • How soon do you want a mortgage?
  • Name
  • Where do you live?
  • Phone number
  • E-mail address


Is a T.O foreign sales tax a good idea?