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Radar · REITs in Ontario

Best REITs Companies in Ontario, Canada

The 34 best REITs companies in Ontario, Canada in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Choice Properties REIT.

34companies tracked
$1.9Bdisclosed funding
0unicorns
6have raised

Ranked: Best REITs companies in Ontario

#CompanyDisclosed fundingLast roundStageFounderFoundedTech stackRecent signals
1Choice Properties REIT
Equity REIT that invests in office, retail and industrial properties
$846M21 mo agoPublicStephen Johnson
President & CEO
2013WordPress Block EditorWordPressApple iCloud Mail+27—
2Dream
Equity REIT that invests in residential and commercial assets
$448M19 mo agoAcquiredJane Gavan
CEO
1994WordPressMySQLPHP+20—
3CAPREIT
Real estate brokerage firm
$345M90 mo agoPublicDavid Ehrlich
CEO & President
1997——
4Primaris REIT
Retailer of shopping centres
$134M20 mo agoPublicAlex Avery
CEO
2003Apple iCloud MailMicrosoft 365Ruby+22—
5True North Commercial REIT
Provider of commercial real estate investment trust services
$58M99 mo agoPublicDaniel Drimmer
CEO & President
2011JoomlaPHPAnimate.css+9—
6Whiterockreit
Equity REIT investing in office, industrial and retail properties
$40M193 mo agoAcquiredJason Underwood
Founder & CEO
2005——
7Mohawk Medical
Equity REIT
$11M129 mo agoSeries BSean Nakamoto
Co-Founder & Co-President
2012DreamWeaverPHPGoogle Font API+4—
8RioCan
RioCan provides real estate investment trust.
—20 mo agoPublicEdward Sonshine
Founder & CEO
1993Apple iCloud MailMicrosoft 365Q4+18—

Top 11 REITs companies in Ontario

#1
Acquired · Toronto, Ontario · founded 1994 · 603 employees
$448.3Mraised
▾

Dream is a company that invests in real estate properties. It also offers office spaces and industrial properties for lease and property management services. Company's products Dreamplus is a web-based solution for property owners to manage properties on their own.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 45k LinkedIn followers — 21.4% of this cohort's audience
Activity: 2 partnerships · 2 awards (incl. CPP Investments, Dream Industrial REIT, and Dream Asset Management Corporation) announced in 12 mo
Funding rounds
  • Mar 2025Post IPO$138.9M
  • Aug 2021Post IPO$30M
  • Apr 2021Post IPO$201M
  • Nov 2017Post IPO$26M
Founders & team
Jane GavanCEO
Investors
Shiva Capital
Tech stack
AzureBabelCloudflareCloudflare Bot ManagementCore-JsGoogle Analytics
#2
Public · Toronto, Ontario · founded 2013 · 285 employees
$845.9Mraised
▾

Equity REIT that invests in office, retail and industrial properties

LinkedIn Pulse recent public activity · Jul 2026
Audience: 23k LinkedIn followers — 10.9% of this cohort's audience
Activity: 3 expansions announced in 12 mo
Funding rounds
  • Jan 2025Post IPO$195.9M
  • Jan 2018Conventional Debt$650M
Founders & team
Stephen JohnsonPresident & CEO
Tech stack
Amazon AlbAmazon CloudfrontAmazon Web ServicesApple Icloud MailCore-JsFastly
#3
Public · Toronto, Ontario · founded 2003 · 400 employees
$134Mraised
▾

Retailer of shopping centres

LinkedIn Pulse recent public activity · Jul 2026
Audience: 18k LinkedIn followers — 8.7% of this cohort's audience · 53 engagements/post (1.6× cohort median)
Activity: 1 awards announced in 12 mo
Funding rounds
  • Feb 2025Post IPO$134M
Founders & team
Alex AveryCEO
Tech stack
Apple Icloud MailBootstrapBootstrap IconsCkeditorCloudflareCloudflare Browser Insights
#4
Public · Scarborough, Ontario · founded 1997 · 1076 employees
$345.1Mraised
▾

Caprent is a real estate brokerage firm. The company offers real estate investment trusts managing over 65,000 residential rental apartment and townhouse suites and manufactured home community sites across Canada, the Netherlands, and Ireland. In 2019, the company recorded annual revenues of $0.6B, and a net profit of $0.9B.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 37k LinkedIn followers — 17.3% of this cohort's audience
Activity: 1 expansions announced in 12 mo
Funding rounds
  • Apr 2019Post IPO$345.1M
Founders & team
David EhrlichCEO & President
Tech stack
WordpressMysqlPhpGoogle MapsW3 Total CacheUltimate Addons For Elementor
#5
Public · Toronto, Ontario · founded 2011
$57.5Mraised
▾

Provider of commercial real estate investment trust services. This entity invests in and owns quality commercial properties, aiming to maximize returns for unitholders through a stable cash distribution and long-term unit value appreciation. Strategies include an acquisitions program focused on diversified assets with strong tenant profiles and long-term leases, as well as internal net operating income growth. The firm leverages an asset manager's resources and expertise for acquisitions and property management.

Funding rounds
  • Jul 2018Post IPO$57.5M
Founders & team
Daniel DrimmerCEO & President
Investors
CIBC World Markets, Raymond James
Tech stack
Animate.CssApache Http ServerAxiosGodaddyGoogle AnalyticsGoogle Font Api
#6
Acquired · Toronto, Ontario · founded 2005
$40Mraised
▾

Equity REIT investing in office, industrial and retail properties

Founders & team
Jason UnderwoodFounder & CEO
Investors
ROI Capital, Shiva Capital
#7
Series B · Toronto, Ontario · founded 2012
$11Mraised
▾

Equity REIT

Funding rounds
  • Jan 2016Series B$11M
Founders & team
Sean NakamotoCo-Founder & Co-PresidentAndrew ShapackCo-Founder & Co-President
Tech stack
Apache Http ServerCloudflareCloudflare Browser InsightsDreamweaverGoogle Font ApiHttp/3
#8
Public · Toronto, Ontario · founded 1993
—raised
▾

RioCan Real Estate is a company that offers an investment Trust, which focuses in owning, developing, and operating retail real estate properties in Canada. The company manages and owns supermarkets, department stores, movie hall, bookstores, and restaurants. With approximately 350 existing properties, and 15 projects in development, it has an enterprise value of approx $15.6 Billion.

Founders & team
Edward SonshineFounder & CEO
Investors
Canaccord Genuity Group
#9
Public · Toronto, Ontario · founded 1905
—raised
▾

Morguard is a real estate investment company. The company owns, manages and invests in offices, industrial facilities, retail spaces, apartments, among other properties. Some of its projects are namely Etobicoke Wellness Centre, 160 Chapel, Aspen Grove, Fifty on the Park, and more.

Founders & team
Kuldip Rai SahiChairman & CEO
Investors
RBC Capital Markets, TD Securities
#10
Public · Barrie, Ontario · founded 2007 · 100 employees
—raised
▾

REIT that invests in primary and secondary markets such as retail and mixed-use retail across Canada ranging from $10 to $50 million

Investors
First National Financial
Tech stack
Apache Http ServerJqueryGoogle AnalyticsGoogle Font Api
#11
Public · Toronto, Ontario · founded 1996 · 487 employees
—raised
▾

Equity REIT that invests in office, retail, industrial and residential properties

Founders & team
Thomas HofstedterCEO & President
Investors
TD Securities, BMO Capital Markets, CIBC World Markets, Scotiabank

Funding & investor landscape

$1.9Btotal disclosed funding
7companies funded
11disclosed rounds
0rounds last 90 days
Most active investors
Shiva Capital3 rounds
CIBC World Markets2 rounds
TD Securities2 rounds
BMO Capital Markets1 rounds
Canaccord Genuity Group1 rounds
First National Financial1 rounds
Galileo Global Equity Advisors1 rounds
Kensington Capital Partners1 rounds
RBC Capital Markets1 rounds
ROI Capital1 rounds

Notable founders

Jane Gavan
CEO · Dream
Stephen Johnson
President & CEO · Choice Properties REIT
Alex Avery
CEO · Primaris REIT
David Ehrlich
CEO & President · CAPREIT
Daniel Drimmer
CEO & President · True North Commercial REIT
Jason Underwood
Founder & CEO · Whiterockreit
Sean Nakamoto
Co-Founder & Co-President · Mohawk Medical
Andrew Shapack
Co-Founder & Co-President · Mohawk Medical
Edward Sonshine
Founder & CEO · RioCan
Kuldip Rai Sahi
Chairman & CEO · Morguard
Thomas Hofstedter
CEO & President · H&R Real
Prism market signals · Canada · country-scoped Prism corpus, 278,217 docs

Market landscape — 10 sub-themes by coverage

Share of REITs coverage by sub-theme.

Regulatory-risk over time rising

Funding & growth over time

funding rising · growth rising

Common questions

How many REITs companies are there in Ontario, Canada?
Radar tracks 34 indexable REITs companies headquartered in Ontario, Canada that meet our profile-completeness bar.
What is the total funding raised by REITs companies in Ontario, Canada?
The REITs companies in Ontario, Canada on this list have raised a combined $1.9B in disclosed equity funding across 7 funded companies.
Which is the highest-funded REITs company in Ontario, Canada?
Choice Properties REIT is the highest-funded REITs company in Ontario, Canada, with $845.9M in disclosed equity funding.
How many REITs companies in Ontario, Canada are funded?
7 of the 34 REITs companies in Ontario, Canada on this list have disclosed at least one equity funding round.
How many REITs unicorns are there in Ontario, Canada?
None of the REITs companies in Ontario, Canada on this list currently has a disclosed valuation of $1B or more.
Who are the top investors in Ontario, Canada REITs companies?
The most active investors in Ontario, Canada REITs companies on this list include Shiva Capital, CIBC World Markets, TD Securities, BMO Capital Markets, Canaccord Genuity Group.
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