CITY · MARKET PROFILE

Chatham-Kent

VACANCY RATE

4.6%

CMHC Rental Market Survey Oct 2025 (pub. Dec 11, 2025), RMR data tables Ontario Table 1.1.1: private apartment vacancy rate, total

2BR RENT

$1,387

CMHC Rental Market Survey Oct 2025 (pub. Dec 11, 2025), RMR data tables Ontario Table 1.1.2: private apartment average rent, 2 bedroom

CAP RATE

5.75%

Range: 5.5–6.0%

FC portfolio comp data

FOUNDATION CAPITAL COMMENTARY

Smaller secondary market with limited transaction volume and no major brokerage coverage. The 5.5–6.0% cap rate band reflects FC's view of recent comps; bid-ask spreads remain wider than London. Vacancy at 4.4% is elevated by historical standards but consistent with the broader Southwestern Ontario reset.

SOURCES

CMHC Rental Market Survey Oct 2025 (pub. Dec 11, 2025), RMR data tables Ontario Table 1.1.1: private apartment vacancy rate, total
CMHC Rental Market Survey Oct 2025 (pub. Dec 11, 2025), RMR data tables Ontario Table 1.1.2: private apartment average rent, 2 bedroom
FC portfolio comp data

Vacancy and rent reflect purpose-built rental apartments. Cap rate reflects multifamily transactions. This is for informational purposes only and does not constitute investment advice.

Chatham-Kent

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