Vacancy rates, average rents, and multifamily cap rates for the Ontario markets we operate in, plus major comparators. Data sourced from CMHC Housing Market Information Portal, brokerage cap rate reports, and Foundation Capital portfolio comp data.
Where Foundation Capital operates and underwrites deals.
Vacancy rates and average 2-bedroom rents sourced from the CMHC Rental Market Survey, October 2025 (published December 2025). Vacancy reflects purpose-built rental apartments. Average rent reflects 2-bedroom purpose-built units. Multifamily cap rates for major centres sourced from CBRE and Colliers Q1 2026 reports; cap rates for Foundation Capital operating markets reflect FC portfolio transaction data. The Southwestern Ontario rollup is a population-weighted average of London CMA, Chatham-Kent CA, and Sarnia CMA. This information is for informational purposes only and does not constitute investment advice.