1.RioCan REIT
REI.UN (TSX)
RioCan REIT stands out as a major retail-focused real estate investment trust (REIT) in Canada, trading on the TSX under the symbol REI.UN. With a solid dividend yield of 5.04% and a notable one-year return of 30.33%, it appeals to investors looking for reliable income and growth in a diverse shopping center portfolio. Recent analyst upgrades from BMO Capital, rating it as "Outperform," further bolster its attractiveness in the retail sector.
Pros:
- Strong 1-year return
- Diverse shopping center portfolio
Cons:
- Negative 10-year return
- Market volatility risk
2.Canadian Apartment Properties REIT
CAR.UN (TSX)
Canadian Apartment Properties REIT, one of the largest residential REITs in Canada, is currently facing challenges, reflected in its 1-year return of -19.43% and a 5-year return of -38.04%. Despite these hurdles, it offers a dividend yield of 4.34%, making it an appealing choice for income-focused investors. With a B- analyst rating, it remains a noteworthy option for those looking for exposure to the Canadian residential market.
Pros:
- Focus on residential apartments
- Large portfolio of residential units
Cons:
- Negative 1-year and 5-year returns
- Market volatility risk
3.CT REIT
CRT.UN (TSX)
CT REIT stands out as a top-rated investment option for July 2026, offering a solid dividend yield of 5.17% and a low beta of 0.85, making it a stable choice for risk-averse investors. With a remarkable one-year return of 16.04% and a five-year return of 11.66%, it emphasizes reliability and financial health, making it attractive for those seeking consistent income. Analysts have given it an "A" rating, underscoring its strong performance and potential for growth.
Pros:
- Stable income from Canadian Tire Corporation
- Positive 1-year and 5-year returns
Cons:
- High dependency on a single tenant
- Market volatility risk
4.BTB REIT
BTB (TSX)
BTB REIT, a relatively underrated industrial real estate investment trust listed on the TSX, boasts a portfolio of 73 properties. However, investors should be cautious as the stock has experienced significant declines, with a 1-year return of -75.00% and a staggering 5-year return of -99.56%. Analysts currently rate it a C, indicating potential concerns about its future performance.
Pros:
- Underrated industrial REIT
- Strong year-over-year gains
Cons:
- Severe negative returns
- Market volatility risk
5.H&R REIT
HR.UN (TSX)
H&R REIT stands out as a leading Canadian real estate investment trust, offering a robust monthly dividend with an attractive yield of 5.40% as of July 2026. Despite a challenging five-year return of -31.50%, the fund remains a compelling choice for income-focused investors, especially with a 1-year return of 4.03% and strong analyst support, including an Outperform rating from CIBC.
Pros:
- Monthly dividends
- Moderate buy consensus among analysts
Cons:
- Negative 5-year return
- Market volatility risk
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Final Words
As you consider the best REITs in Canada this July 2026, remember to evaluate various options that align with your investment goals. Take time to compare yields and performance, and conduct thorough research to make informed decisions that suit your financial strategy.
Frequently Asked Questions
H&R REIT offers a dividend yield of 5.4% in July 2026. The trust distributes dividends on a monthly basis, with the next dividend set at $0.0500.
In the last year, H&R REIT has achieved a return of 4.03%. Its performance over the past three years shows a return of 10.00%, indicating a moderate growth trend.
H&R REIT operates through several segments, including Residential, Industrial, Office, and Retail. This diversification allows it to engage in various property types across Canada and select U.S. markets.
H&R REIT has a market capitalization of approximately $2.94 billion. This positions it as a significant player within the Canadian REIT market.
When investing in REITs, consider factors such as dividend yield, market capitalization, and the specific sectors within which the REIT operates. It's also important to evaluate the historical performance and the geographic diversification of the properties.
Investing in REITs carries risks such as market volatility, interest rate fluctuations, and changes in property values. Additionally, specific sector performance can impact returns, so understanding the underlying assets is crucial.
