MPAC Data - Greater Sudbury is Growing

New data from the Municipal Property Assessment Corporation (MPAC) highlights continued growth across key sectors—and Greater Sudbury is clearly part of that momentum.

Here’s what stands out locally:

Retail investment gaining strength
Retail property values in Greater Sudbury saw notable growth, with price per square foot increasing by over 40% year-over-year—a strong signal of investor confidence and rising demand.

Small commercial activity accelerating
Transaction activity in the small commercial sector jumped significantly, with sales up 66.7%, pointing to growing momentum among local businesses and main street activity.

Industrial market showing resilience
While fewer industrial transactions were recorded, pricing remains strong, with industrial property values increasing year-over-year—a sign of continued demand for employment lands and logistics space.

Multi-residential demand on the rise
Greater Sudbury saw 13 multi-residential sales totaling over $55M, with prices per unit climbing nearly 12% year-over-year, reflecting sustained demand for housing and rental supply.

MPAC data provides one of the most reliable indicators of real estate and economic activity across Ontario. What we’re seeing in Greater Sudbury is a balanced growth story—rising investment, strong housing demand, and increasing business confidence across multiple sectors.