Canadian Apartment Properties REIT (CAR.UN) Stock 2026 Review

Mika L.
Written by Mika L.
Financial Content Writer

Canadian Apartment Properties REIT3.5/5

CAR.UN (TSX)

Dividend yield
6.84%
Distribution
Monthly
1-Year Return
-17.19%
5-Year Return
-33.81%

Canadian Apartment Properties REIT (CAR.UN) stands out as the largest REIT in Canada, boasting a substantial portfolio that meets essential housing demand. Although the fund has faced a 17.19% decline over the past year and a 33.81% drop over five years, it still offers a compelling dividend yield of 6.84%. With a B- analyst rating, CAR.UN remains a resilient choice for investors seeking consistent income from a reliable sector.

Pros:

  • Largest Canadian REIT
  • Resilience due to essential housing demand

Cons:

  • Negative returns over 1 and 5 years
  • High market cap may limit growth

Canadian Apartment Properties REIT (CAR.UN) may be suitable for income-focused investors willing to accept short-term volatility in exchange for a strong dividend yield. While its recent performance has been disappointing, the REIT's significant market presence and steady income generation potential could appeal to those looking for long-term stability in the Canadian real estate sector.

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