Market Report · Updated August 24, 2026

Canadian Warehouse Market Report
Rates & Capacity by City, 2026

Warehouse lease rates, 3PL pallet storage pricing, and pick & pack costs across eight Canadian markets, compiled from the Warehouse Bridge network of 150+ pre-vetted facilities in 25+ markets.

Rates current as of Q2 2026.

$10 – $29
All-in lease $/sq ft/yr
$8 – $28
Storage $/pallet/mo
$1.75 – $5.00
Pick & pack $/order
8
Markets profiled
Methodology. 3PL service rates and all-in lease figures reflect Warehouse Bridge network transaction and quoting data across 150+ Canadian facilities, current as of Q2 2026. Lease rates are for standard dry industrial space (all-in = net rent plus TMI); 3PL rates are for standard 48x40 ambient pallets. Net-asking lease figures are third-party data from CBRE Canada Industrial Figures, Q1 2026, shown only where we have a verified source. Ranges capture variation by submarket, ceiling height, dock configuration, volume, and lease term. This report is free to cite with attribution.

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Warehouse lease rates & capacity by market

Two figures, two sources. Net asking is third-party CBRE data, we only publish it where we have a verified figure. All-in (incl. TMI) is Warehouse Bridge network data: net rent plus typical operating costs, annualized.

MarketNet asking ($/sq ft/yr)All-in incl. TMI ($/sq ft/yr)TierFacilitiesAvailable sq ft
Toronto / GTA$16.49$17 – $24Tier 135+4.2M
VancouverNot published$20 – $29Tier 128+3.1M
CalgaryNot published$13 – $19Tier 222+2.8M
MontrealNot published$14 – $21Tier 118+1.9M
EdmontonNot published$11 – $17Tier 215+1.6M
WinnipegNot published$10 – $16Tier 312+1.2M
OttawaNot published$14 – $20Tier 28+800K+
HalifaxNot published$11 – $17Tier 36+600K+

Net asking source: CBRE Canada Industrial Figures, Q1 2026. Not Warehouse Bridge data, shown only for Toronto, the one market where we have a verified third-party figure to cite. All-in figures are Warehouse Bridge network data for all eight markets.

3PL service rates by market

Per-pallet storage and handling, and per-order pick & pack, the rates 3PL operators actually charge, by market. This is Warehouse Bridge network data; nobody else in Canada publishes it at this granularity.

MarketPallet storage ($/mo)Handling (in/out, $/pallet)Pick & pack ($/order)
Toronto / GTA$13 – $24$7 – $13$2.50 – $4.50
Vancouver$14 – $28$8 – $14$2.75 – $5.00
Calgary$10 – $20$6 – $10$2.00 – $3.75
Montreal$11 – $22$6 – $11$2.25 – $4.00
Edmonton$9 – $18$6 – $10$2.00 – $3.50
Winnipeg$8 – $17$5 – $9$1.75 – $3.25
Ottawa$10 – $21$6 – $10$2.00 – $3.75
Halifax$10 – $19$6 – $10$2.00 – $3.75

Specialty service rates

Cold storage, cross-dock, and trailer parking, Canada-wide range across the eight profiled markets.

ServiceRateUnit
Cold storage$15 – $46per pallet / month
Cold storage handling$7 – $18per pallet, in or out
Cross-dock$225 – $500per container
Trailer parking$100 – $325per trailer / month, secured yard

Get a market- and volume-specific figure with the 3PL cost calculator.

Key findings

  • All-in warehouse lease rates (net rent plus TMI) in Canada span roughly $10 to $29 per square foot per year in Q2 2026, driven almost entirely by market. Winnipeg and Edmonton are the lowest-cost markets; Vancouver and Toronto the highest.
  • 3PL pallet storage runs $8 to $28 per pallet per month, tracking the same city hierarchy: Vancouver and Toronto sit at the top, the prairies at the bottom.
  • Pick, pack & ship for a standard DTC order runs $1.75 to $5.00 per order, before storage and receiving are added on top.
  • Industrial vacancy across the eight profiled markets ranges from 1% to 8%. Vancouver and Toronto are the tightest; Edmonton and Calgary have the most available supply.
  • CBRE's Q1 2026 average net asking rate for Toronto is $16.49/sq ft/yr. Add typical GTA TMI (taxes, maintenance, insurance) of roughly $4–$6/sq ft, and it lands inside our all-in figure of $16.80–$24.00/sq ft/yr (net rent plus TMI), an independent cross-check on the network data below.
  • The cheapest storage market is rarely the cheapest total landed cost once outbound shipping distance is factored in. Corridor position, not headline rate, drives the real number.

How to cite this report

This report is free to reference and quote with attribution. Suggested citation:

Warehouse Bridge, "Canadian Warehouse Market Report 2026: Rates & Capacity by City." warehousebridge.ca, August 24, 2026.

Journalists and researchers can reach the team at solutions@warehousebridge.ca for methodology detail, market-specific breakdowns, or commentary.

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Frequently asked questions

How much does warehouse space cost in Canada in Q2 2026?

All-in industrial lease rates (net rent plus TMI) range from $10 to $29 per square foot per year depending on the market, with Winnipeg and Edmonton lowest and Vancouver and Toronto highest. Third-party net-asking figures (CBRE) run lower, since they exclude TMI. For 3PL storage rather than direct leasing, expect $8 to $28 per pallet per month.

Which Canadian city has the cheapest warehouse rates?

Winnipeg is consistently the lowest-cost major market, at roughly $10 – $16 per square foot per year all-in for leases and $8 – $17 per pallet per month for 3PL storage.

What does 3PL pick, pack & ship cost per order in Canada?

Pick, pack & ship for a standard DTC order runs $1.75 to $5.00 per order across the eight profiled markets, before pallet storage and receiving are stacked on top. City and order complexity move the figure within that range.

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