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 Q3 2025 Market Beat Report; $CAD; |
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|
Market |
Overall WTD Average Asking Sale Price |
Overall Weighted Average Taxes, Maintenance, Insurance |
|
GTA Central |
$400.16 |
$4.15 |
|
GTA West |
$397.42 |
$3.98 |
|
GTA North |
$514.93 |
$4.14 |
|
GTA East |
$411.16 |
$3.88 |
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Average Residential Real Estate Prices in the Toronto Region Source: Toronto Real Estate Board MLS Home Price Index Q3 2025 |
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|
Region |
Single Family Detached |
Single Family Attached |
Townhouse |
Apartment |
Composite |
Year Over Year % Change |
|
Halton Region |
$1,339,900 |
$913,500 |
$704,700 |
$533,300 |
$984,600 |
-6.18% |
|
Peel Region |
$1,167,300 |
$829,800 |
$703,200 |
$519,700 |
$902,400 |
-7.08% |
|
City of Toronto |
$1,481,300 |
$1,168,100 |
$755,600 |
$577,000 |
$941,800 |
-5.44% |
|
York Region |
$1,404,700 |
$1,009,700 |
$805,000 |
$555,700 |
$1,143,600 |
-7.61% |
|
Durham |
$916,600 |
$720,300 |
$591,900 |
$489,200 |
$839,000 |
-4.81% |
