Market Overview

Strong Market Fundamentals — St. Catharines CMA

The Geneva & Church development is positioned within one of Ontario’s most stable and steadily growing housing markets.
The St. Catharines CMA has experienced sustained demand from both local residents and Greater Toronto Area commuters seeking attainable urban living.

• Vacancy Rate: ≈ 3.6 % (CMHC 2024)

• Average Rent Growth: +5.2 % year-over-year (CMHC 2024)

• Average Condo Sale Price: $540 – $620 per sq.ft. (CREA 2024)

• Population Growth: +5.7 % since 2021 (Statistics Canada)

Limited new rental and ownership supply, combined with consistent in-migration and employment diversification across the Niagara Region, continue to support strong absorption and long-term investor confidence.

Source: CMHC Rental Market Report 2024 • CREA Niagara Market Stats 2024 • Statistics Canada Population Estimates 2021–2024