Smaller secondary market with limited transaction volume and no major brokerage coverage. The 5.5–6.0% cap rate band reflects FC's view of recent comps; bid-ask spreads remain wider than London. Vacancy at 4.4% is elevated by historical standards but consistent with the broader Southwestern Ontario reset.
Vacancy and rent reflect purpose-built rental apartments. Cap rate reflects multifamily transactions. This is for informational purposes only and does not constitute investment advice.