Optimism is returning to Canada’s commercial real estate market, and the GTA is no exception. According to Avison Young’s 2026 Canadian Outlook, sentiment is notably stronger than a year ago, fueled by anticipated lower interest rates, fiscal stimulus, and a stabilizing economy. A significant 74% of Avison Young professionals in Toronto expect stronger activity in 2026, with a “flight to quality” in office spaces.
Suburban GTA and Southwestern Ontario brokers are “cautiously optimistic,” citing the potential for 2.25 percentage point rate cuts and continued industrial demand. However, they also acknowledge pressure from tariffs, power constraints, and labor gaps. Nationally, investment volumes remain steady, with Q3 2025 marking the strongest sales quarter since 2022. While challenges remain, the outlook suggests a positive shift for the GTA’s commercial real estate sector. For a deeper dive into the national perspective, read the full report on mpamag.com.
Read the original story here: https://www.mpamag.com/ca/specialty/commercial/commercial-real-estate-turns-a-corner-in-canada-heading-into-2026/559334
