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Pricing for land changes first, swings widest, in market shifts

Land values are not priced like income-producing real estate. They are derived.
A 0.53‑acre redevelopment site at 1677–1679 Bathurst St. sold in March 2026 for $7.0 million through a court‑appointed sale, following a loan default on roughly $28.45 million in outstanding debt, illustrating the volatility of land values. (CoStar)
A 0.53‑acre redevelopment site at 1677–1679 Bathurst St. sold in March 2026 for $7.0 million through a court‑appointed sale, following a loan default on roughly $28.45 million in outstanding debt, illustrating the volatility of land values. (CoStar)
CoStar Analytics
May 27, 2026 | 12:20 P.M.

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