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Waterloo Region Multifamily Report Year in Review 2021

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multifamily

The Waterloo Region Multifamily market has come of age as a sought-after place for investors to buy. The 2021 market saw record-breaking sales volume, this is simply unprecedented.

  • Transaction volume grew 70% YoY to $652 million in 2021
  • Average price per suite increased 19% YoY to $196,138
  • Average Cap Rate increased by 15bps to 3.85%
  • Turnover increased to 17% in 2021.

Waterloo Region Multifamily Report Year in Review 2021

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