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 Q3 2025 Market Beat Report; $CAD; | ||
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 |
Average Residential Real Estate Prices in the Toronto Region Source: Toronto Real Estate Board MLS Home Price Index Q3 2025 | ||||||
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% |
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