What is industrial land worth per acre in the GTA?

What is industrial land worth per acre in the GTA?

Industrial land values in the Greater Toronto Area vary significantly by submarket, servicing status, zoning, and proximity to highway infrastructure. The following reflects general market conditions in 2025-2026 based on transactional data. Core GTA West (Mississauga, Brampton employment lands): Serviced, fully zoned industrial land in established corridors has traded in the $4 to $8 million per acre range for premium sites near 401/410/427 interchanges. Brampton's northern growth areas (Bovaird, Mayfield) have seen values in the $3 to $5 million per acre range as infrastructure is extended. York Region (Vaughan, Richmond Hill, Markham): Serviced employment land in the Vaughan 400 corridor and Markham's technology parks has traded in the $3.5 to $6 million per acre range. Strong demand from prestige industrial and tech-adjacent users sustains these values. Durham Region (Oshawa, Whitby, Ajax, Pickering): Industrial land in the established Durham 401 corridor has traded in the $2 to $3.5 million per acre range, reflecting the market's lower rent levels versus Peel and York Region. Halton Region (Milton, Oakville, Burlington): North Oakville and Milton intermodal-adjacent land has reached $3.5 to $6 million per acre for premium sites. Halton Hills and Caledon represent lower-priced land in the $1.5 to $3 million range depending on servicing. Outer markets (Barrie, Hamilton, Kitchener-Waterloo area): Serviced employment land in these markets typically trades in the $1 to $2.5 million per acre range, making them attractive for large-footprint users priced out of the core GTA. Important caveats: land values can swing significantly based on site-specific factors — lot shape, contamination risk, zoning restrictions, and proximity to residential development that can limit industrial uses. Always conduct environmental due diligence and confirm zoning permissions before valuing an industrial land acquisition. Michael Law advises investors and owner-occupiers on industrial land acquisition throughout the GTA. Contact for a current valuation perspective on a specific site.