OntarioCRE Research · Gary Paul
Sales Representative with Real Broker Ontario Ltd. · About the author
Published September 19, 2026 · Closed-sale period: January 2021–August 2026 · Research review through September 19, 2026
Medical and dental real estate is not one uniform property category.
A medical condominium, dental office, freestanding clinic, multi-tenant medical building and owner-occupied healthcare property can serve different buyers and produce materially different pricing results.
The Ontario Medical & Dental Property Market Report 2026 examines closed sales, current inventory and expired or terminated listings across Ontario. It separates condominium and unit transactions from freestanding and whole-building properties to provide a more useful view of the market.
The report is intended for physicians, dentists, healthcare operators, property owners, investors and professional advisers evaluating a sale, acquisition, relocation or repositioning decision.
The complete report includes transaction activity, comparable property segments, current availability, listing-lifecycle evidence, regional activity and an owner decision framework.
View the 2026 Medical & Dental Property Market Report
The report’s provincial figures cannot establish a sale price for your medical or dental property. Gary Paul can discuss the relevant comparable segment, tenancy, permitted use, clinical improvements and your timing before you decide whether to sell.
Request a Confidential Healthcare Sale Review
You can begin privately without committing to a listing. The preliminary review is not an appraisal.
Read the methodology and limitations →
The reviewed records reveal a selective market with two distinct pricing stories.
OntarioCRE identified 99 medical and dental property sale events from January 2021 through August 2026.
Annual activity ranged from 13 to 22 transactions during the five complete years reviewed. Five 2026 transactions were identified through the August 30 review date.
The limited transaction volume means individual sales can significantly influence annual statistics. Property-specific and local comparable evidence remains essential.
The reviewed closed sales separate into two primary property groups.
Medical condominium and unit sales recorded a median sold price of approximately $515,000 and a median reported area of 1,104 square feet.
Freestanding and whole-building sales recorded a median sold price of approximately $1.36 million and a median reported area of 3,360 square feet.
These categories should not be blended into a single province-wide valuation benchmark. They serve different buyers and carry different land, building, tenancy, condition and improvement considerations.
The current dataset contained 57 listing records connected to 53 exact addresses.
The reviewed inventory included 29 medical condominium or unit offerings and 28 freestanding or whole-building offerings.
Median asking prices were approximately $749,000 for condominium and unit properties and $1.95 million for freestanding and whole-building properties.
Asking prices show how properties are positioned. They do not establish market value or predict the price a buyer will ultimately pay.
The research reviewed 491 expired and terminated listing records associated with approximately 303 exact property or unit addresses.
At least 82 addresses appeared more than once.
Repeated records may reflect renewed marketing, revised pricing, alternative unit packages or multiple attempts to sell the same property. Raw listing counts should not be treated as unique property counts.
Toronto recorded the largest number of reviewed transactions, followed by Mississauga and Oakville.
Purpose-built medical locations in larger urban markets can support a distinct condominium and owner-user market. Freestanding transactions occur across both major centres and smaller Ontario municipalities, where land, parking, building condition and alternative-use potential may carry greater weight.
Municipal transaction counts do not measure the complete stock of healthcare properties or prove demand on their own.
Medical and dental properties are affected by more than size, location and asking price.
Their value and marketability can depend on:
A finished clinic may be valuable to another healthcare operator but expensive to convert for a general commercial user.
A property should therefore be assessed around its strongest credible buyer group rather than treated as an ordinary office or retail asset.
The report provides market orientation—not an automatic valuation for an individual property.
Before establishing a price or sale strategy, owners should:
Verify zoning, permitted healthcare uses, parking requirements, accessibility obligations and any site-specific restrictions.
Determine whether the property is a condominium unit, owner-user building, tenanted investment, medical plaza, redevelopment opportunity or another asset type.
Identify reusable plumbing, electrical service, HVAC, accessibility improvements, clinical cabinetry, treatment rooms, operatories and specialized infrastructure.
Clarify what belongs to the real estate transaction and what relates to the operating practice, equipment, goodwill, leases or other business assets.
Compare properties with similar tenure, location, scale, condition, permitted use, tenancy and physical improvements.
Owner-users, healthcare investors and alternative commercial users evaluate the same property differently. The marketing strategy should reflect the most credible buyer groups.
Buyers should not rely on the advertised use, asking price or existing build-out alone.
Before purchasing a medical or dental property, review:
A lower-priced property can become the more expensive option when major infrastructure or accessibility work is required.
A specialized healthcare property should be positioned around verified information and a clear buyer case.
OntarioCRE helps medical and dental property owners evaluate:
Considering a sale, acquisition, lease, relocation or repositioning?
OntarioCRE can provide a preliminary review of the property’s market position, comparable segment, likely buyer groups, existing healthcare improvements and major transaction constraints.
Request a Confidential Healthcare Property Review
An OntarioCRE property review is preliminary and does not replace an appraisal, legal opinion, planning opinion, environmental assessment, engineering review, building-condition assessment, tax advice or other professional due diligence.
OntarioCRE reviewed professional Ontario commercial property records through September 19, 2026.
The research included current listings, closed sales and expired or terminated records. Exact-address normalization was used to identify repeated records and conservative matches across different listing stages.
Condominium and unit properties were separated from freestanding and whole-building properties before calculating pricing statistics.
The records reflect the coverage and data quality available through professional commercial property systems. They are not a complete land-registry record of every Ontario medical or dental property transaction.
Reported areas, zoning, uses and transaction fields may be incomplete or inconsistent and require property-specific verification.
The report provides a province-wide view of the reviewed market, but every medical and dental property requires an individual assessment.
OntarioCRE helps physicians, dentists, healthcare operators, investors and property owners evaluate medical and dental real estate for acquisition, leasing, sale, relocation or repositioning.
This can include reviewing:
If you are considering a specific property, send OntarioCRE the address, listing link and available property information for a preliminary review.
Request a Healthcare Property Fit Review
Own a medical, dental or other healthcare property and considering a sale, lease or confidential market review?
Request a Confidential Healthcare Property Review
OntarioCRE’s review is preliminary and does not replace legal, planning, appraisal, engineering, environmental, accounting or other professional advice.
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