Cost Advantage
Businesses based in Ontario benefit from some of the lowest overall business costs in the G7. Within Ontario, Durham Region offers a cost-competitive landscape for businesses compared to other Greater Toronto Area (GTA) communities.
From a cost perspective, Durham Region offers potential investors a strong cost advantage based on:
Human resource costs:
- A world-class talent pool, often available for salaries that are lower than other major North American business centres.
- The opportunity to hire local talent, preventing long commutes and improving the quality of life for your staff.
Land, facility, and development costs:
- Durham Region offers industrial development charges that are below the average of other regions in the GTA.
- Lower than average price for serviced employment lands compared to other GTA regions.
- Office, industrial, warehouse and retail spaces are available and supported by stable and competitively priced utilities.
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Average Industrial Real Estate Costs in Greater Toronto Area Source: Cushman Wakefield, Industrial Q2 2026 Market Beat Report; $CAD; |
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Market |
Overall WTD Average Asking Sale Price |
Overall Weighted Average Taxes, Maintenance, Insurance |
|
GTA Central |
$360.55 |
$4.43 |
|
GTA West |
$387.24 |
$4.18 |
|
GTA North |
$506.16 |
$4.40 |
|
GTA East |
$329.24 |
$3.98 |
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Average Residential Real Estate Prices in the Toronto Region Source: Toronto Real Estate Board MLS Home Price Index Q2 2026 |
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|
Region |
Single Family Detached |
Single Family Attached |
Townhouse |
Apartment |
Composite |
Year Over Year % Change |
|
Halton Region |
$1,332,200 |
$889,300 |
$653,600 |
$533,000 |
$972,000 |
-4.34% |
|
Peel Region |
$1,132,100 |
$815,400 |
$667,700 |
$486,100 |
$878,400 |
-6.71% |
|
City of Toronto |
$1,455,200 |
$1,146,300 |
$725,300 |
$551,900 |
$928,200 |
-5.01% |
|
York Region |
$1,352,000 |
$980,700 |
$725,500 |
$518,400 |
$1,096,300 |
-7.19% |
|
Durham |
$897,800 |
$705,600 |
$565,700 |
$464,300 |
$818,100 |
-5.91% |