Relevant duplex, triplex, and multiplex sales from the past 90 days
Cap rates in the GTA have been steadily diminishing as Buyer’s pay higher prices.
Cap rates in Toronto will likely decline further.
In the City of Toronto, income properties often trade at around a 4% cap rate. The return on investment on these properties varies though as this is dependent on how much of a deposit is originally put down. The differences between cap rates and R.O.I. (return on investment) are important for landlords to understand.