While residential real estate gets a lot of attention, commercial properties can offer high returns and long-term security—if done right.
📊 Retail vs. Industrial:
The pandemic shifted demand in commercial real estate. While retail spaces took a hit, industrial real estate—especially warehouses and fulfillment centers—boomed. Cities like Toronto and Vancouver now have some of the lowest industrial vacancy rates in North America, hovering around 1.5% (CBRE Canada).
💼 Office Spaces Post-Pandemic:
While remote work has reduced office space demand in major cities, suburban office spaces are seeing renewed interest. Hybrid work models are encouraging businesses to establish satellite offices outside core downtown areas.
💡 The Rise of Mixed-Use Developments:
Developments combining retail, office, and residential spaces are gaining popularity, especially in urban centers. These projects diversify risk and provide multiple income streams.
Expert Insight:
“Investors should look at long-term urban planning strategies. Cities investing in infrastructure tend to boost commercial property values,” notes Benjamin Tal, Deputy Chief Economist at CIBC.