1.Granite Real Estate Investment Trust
GRT.UN (TSX)
Granite Real Estate Investment Trust stands out as a high-quality industrial REIT, boasting a logistics-focused portfolio both in Canada and internationally. With a solid dividend yield of nearly 4% and a one-year return of 12.74%, it presents an attractive option for investors seeking stable income and potential growth. Analysts maintain a positive outlook, with RBC Capital consistently rating it as "Outperform."
Pros:
- Strong logistics-focused portfolio
- Positive 1-year return
Cons:
- Negative 5-year return
- Market volatility risk
2.Choice Properties REIT
CHP.UN (TSX)
Choice Properties REIT stands out as Canada’s largest REIT by market capitalization, boasting a defensive portfolio centered around retail properties. With a competitive dividend yield of 5.04% and a one-year return of 5.86%, it presents an attractive option for investors seeking reliable income and stability. However, analysts have rated it a C-, indicating potential caution regarding growth prospects.
Pros:
- Strong partnership with Loblaw Companies Limited
- Diverse property portfolio
Cons:
- Lower growth compared to peers
- Market volatility risk
3.Boardwalk REIT
BEI.UN (TSX)
Boardwalk REIT stands out as a residential real estate investment trust with a robust presence in the Canadian apartment market, emphasizing a long-term income profile. It offers a dividend yield of 2.74%, although its one-year return has declined by 7.77%. Analysts show mixed sentiments, with Desjardins upgrading to a "Buy" while Canaccord Genuity has downgraded to "Hold," reflecting ongoing market evaluations of its growth potential and profitability.
Pros:
- Consistent monthly dividends
- Strong presence in Canadian residential market
Cons:
- Negative 1-year return
- Market volatility risk
4.RioCan REIT
REI.UN (TSX)
RioCan REIT stands out as a major player in the Canadian retail space, boasting a robust portfolio of established properties that generate consistent income. With a dividend yield of 5.51%, it offers an attractive option for investors seeking reliable returns, despite a challenging five-year performance of -6.66%. Recently upgraded to an "Outperform" rating by BMO Capital, this REIT emphasizes strong scale and recurring income, making it a noteworthy consideration for income-focused portfolios.
Pros:
- Strong retail occupancy rates
- Positive 1-year return
Cons:
- Negative 5-year return
- Market volatility risk
5.SmartCentres REIT
SRU.UN (TSX)
SmartCentres REIT stands out as a robust retail investment with a resilient tenant base, making it one of Canada’s largest REITs. With a notable dividend yield of 6.66%, it offers consistent income, although its one-year return is relatively modest at 3.35% and it has experienced a decline of 9.43% over the past five years. Analysts rate this REIT B-, reflecting its solid market position and potential for stable returns in a fluctuating retail landscape.
Pros:
- High dividend yield
- Strong occupancy rate
Cons:
- Negative 5-year return
- Market volatility risk
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Final Words
As you consider your investment options this September, remember that the best REITs can provide solid returns and consistent income. Take time to compare the various opportunities available and conduct thorough research to make informed decisions that align with your financial goals.
Frequently Asked Questions
As of September 2026, Boardwalk REIT has a 1-year return of -7.77% and a 5-year return of 36.52%. Its current price is around CA$64.00.
Boardwalk REIT has a dividend yield of 2.7421875%, with distributions paid monthly. The next dividend is scheduled at $0.1500.
Boardwalk REIT is recognized as a leading force in Canada's multi-family housing sector, overseeing over 33,000 housing units. Its performance metrics, like a 5-year return of 36.52%, make it a competitive choice among Canadian residential REITs.
Investing in REITs can involve risks such as market volatility, changes in interest rates, and economic downturns that may affect property values and rental income. It's important to assess these risks in relation to your investment goals.
Before investing in Boardwalk REIT, consider its dividend yield, historical performance, and market conditions. Additionally, review the company's strategy for growth and property management to understand its long-term potential.
You can track Boardwalk REIT's stock performance through financial news websites and platforms like TMX Money. They provide real-time updates on pricing and performance metrics.
