Is the Greater Toronto Area’s commercial real estate market poised for a comeback in 2026? While challenges persist, particularly in the office sector, signs of cautious optimism are emerging. According to Morguard’s Keith Reading, demand for premium office spaces in Toronto is on the rise, with vacancy rates in trophy towers hovering around 3-4%. This positive trend may eventually trickle down to Class A buildings. The multi-suite residential market faces a more complex outlook due to decreased immigration and increased construction. The industrial sector’s performance hinges significantly on the resolution of trade disputes. Avison Young’s 2026 Canadian Outlook indicates growing confidence, with 97% of professionals expecting stable or stronger commercial real estate activity. For a deeper dive into these trends and their implications, read the full article on mpamag.com.
Read the original story here: https://www.mpamag.com/ca/specialty/commercial/2026-commercial-mortgage-market-is-a-rebound-on-the-way/560328
