Canadian Apartment Properties Real Estate Investment Trust
CAR-UN · Real Estate
About Canadian Apartment Properties Real Estate Investment Trust (CAR-UN)
Canadian Apartment Properties Real Estate Investment Trust is a REIT - Residential company operating in the Real Estate sector. The company is headquartered in Toronto, Canada. CAR-UN has been publicly traded since 1999, giving it 27+ years of trading history.
Canadian Apartment Properties Real Estate Investment Trust (CAR-UN) has been publicly traded since 1999, making it a 27-year-old public company. It operates in the REIT - Residential industry within the Real Estate sector. The company is headquartered in Toronto, Canada. With a market capitalization of C$5.7 billion, CAR-UN is a mid-sized company with growth potential.
CAR-UN trades on the Toronto Stock Exchange and is classified as a mid-cap-cap stock with a market capitalization of approximately C$5.7 billion.
Key Statistics
- Current Price
- C$36.02
- Market Cap
- C$5.68B
- 52-Week High
- C$46.29
- 52-Week Low
- C$35.32
- Sector
- Real Estate
- Industry
- REIT - Residential
CAR-UN Investment Performance
CAR-UN has declined 1.6% year-to-date in 2026. Over the past 5 years, a C$1,000 investment in CAR-UN would have grown to C$805, representing a -19.5% total return. Since its IPO in 1999, a C$1,000 investment would now be worth C$13,950.
C$1,000 Invested in Canadian Apartment Properties Real Estate Investment Trust (CAR-UN)
How much would C$1,000 invested in CAR-UN be worth today?
What would C$1,000 invested in CAR-UN 1 year ago be worth today?
A C$1,000 investment in Canadian Apartment Properties Real Estate Investment Trust (CAR-UN) in 2025 would be worth C$862 as of March 2026, representing a -13.8% total return.
What would C$1,000 invested in CAR-UN 3 years ago be worth today?
A C$1,000 investment in Canadian Apartment Properties Real Estate Investment Trust (CAR-UN) in 2023 would be worth C$864 as of March 2026, representing a -13.6% total return.
What would C$1,000 invested in CAR-UN 5 years ago be worth today?
A C$1,000 investment in Canadian Apartment Properties Real Estate Investment Trust (CAR-UN) in 2021 would be worth C$805 as of March 2026, representing a -19.5% total return.
What would C$1,000 invested in CAR-UN 10 years ago be worth today?
A C$1,000 investment in Canadian Apartment Properties Real Estate Investment Trust (CAR-UN) in 2016 would be worth C$1,765 as of March 2026, representing a +76.5% total return.
What would C$1,000 invested in CAR-UN at IPO be worth today?
A C$1,000 investment in Canadian Apartment Properties Real Estate Investment Trust (CAR-UN) at IPO would be worth C$13,950 as of March 2026, representing a +1295.0% total return.
Monthly Returns Heatmap
Over the past 26+ years (320 months), Canadian Apartment Properties Real Estate Investment Trust (CAR-UN) has averaged a monthly return of +0.96% with a median return of +1.07%. The stock had 194 positive months (61%) and 126 negative months (39%). The best month in CAR-UN's history was November 2020 with a +19.7% return, while the worst was March 2020 at -23.9%. Historically, May tends to be the strongest month (averaging +2.1%), and October the weakest (-1.8%).
CAR-UN's longest winning streak was 9 consecutive months of gains, while its longest losing streak was 7 consecutive months of losses. The best full year was 2011 with a cumulative return of +33.1%, and the worst was 2022 at -28.9%.
Annual Returns
Over 27 years of trading history, Canadian Apartment Properties Real Estate Investment Trust (CAR-UN) has delivered an average annual return of +11.43% with a median return of +16.87%. The compound annual growth rate (CAGR) is +10.24%. The stock posted gains in 18 years (67%) and losses in 9 years (33%).
CAR-UN's best year was 2011 with a +37.44% gain, while the worst was 2022 at -26.56%. The longest streak of consecutive positive years was 6, and the longest losing streak was 3 years. CAR-UN achieved double-digit gains (10%+) in 16 years. It suffered double-digit losses in 3 years.
| Year | Return | Start | End |
|---|---|---|---|
| 2026 | -1.64% | C$36.62 | C$36.02 |
| 2025 | -10.50% | C$40.91 | C$36.62 |
| 2024 | -7.53% | C$44.24 | C$40.91 |
| 2023 | +18.79% | C$37.25 | C$44.24 |
| 2022 | -26.56% | C$50.72 | C$37.25 |
| 2021 | +22.96% | C$41.25 | C$50.72 |
| 2020 | -2.97% | C$42.51 | C$41.25 |
| 2019 | +22.93% | C$34.58 | C$42.51 |
| 2018 | +22.52% | C$28.23 | C$34.58 |
| 2017 | +23.53% | C$22.85 | C$28.23 |
| 2016 | +21.76% | C$18.77 | C$22.85 |
| 2015 | +11.54% | C$16.82 | C$18.77 |
| 2014 | +24.42% | C$13.52 | C$16.82 |
| 2013 | -10.27% | C$15.07 | C$13.52 |
| 2012 | +16.87% | C$12.90 | C$15.07 |
| 2011 | +37.44% | C$9.38 | C$12.90 |
| 2010 | +30.63% | C$7.18 | C$9.38 |
| 2009 | -3.12% | C$7.41 | C$7.18 |
| 2008 | +5.20% | C$7.05 | C$7.41 |
| 2007 | -8.63% | C$7.71 | C$7.05 |
| 2006 | +22.47% | C$6.30 | C$7.71 |
| 2005 | +15.27% | C$5.46 | C$6.30 |
| 2004 | +6.15% | C$5.15 | C$5.46 |
| 2003 | +27.64% | C$4.03 | C$5.15 |
| 2002 | -1.47% | C$4.09 | C$4.03 |
| 2001 | +26.94% | C$3.22 | C$4.09 |
| 2000 | +24.24% | C$2.59 | C$3.22 |
CAR-UN Investment Analysis: Valuation, Risk & Dividends
Key factors to consider when evaluating Canadian Apartment Properties Real Estate Investment Trust as an investment
Valuation
CAR-UN currently trades at a trailing P/E ratio of 29.3, which is considered high relative to the broader market. The forward P/E of 14.3 suggests analysts expect earnings to be lower in the coming year. The price-to-book ratio stands at 0.6. The price-to-sales ratio is 5.7.
Dividends
Canadian Apartment Properties Real Estate Investment Trust pays a dividend to shareholders with a current yield of 4.31%. This translates to C$1.55 per share annually. The payout ratio of 1% indicates sustainable dividend coverage.
Risk & Volatility
CAR-UN has a beta of 0.93, indicating it is similarly volatile to the overall market. The stock's 52-week range is C$35.32 to C$46.29, and it currently trades near its 52-week low.
Analyst Ratings
Based on 13 analyst opinions, CAR-UN has a consensus "buy" rating. The average price target of C$45.04 suggests 25.0% upside from current levels.
Frequently Asked Questions: CAR-UN
What sector is CAR-UN in? ▼
CAR-UN operates in the Real Estate sector, specifically in the REIT - Residential industry.
How has CAR-UN performed historically? ▼
Over 27 years of trading history, CAR-UN has posted gains in 18 years (67% of the time). The best year was 2011 with a +37.4% return. Past performance does not guarantee future results.
How can I invest in CAR-UN? ▼
You can invest in CAR-UN through any brokerage account that offers access to the Toronto Stock Exchange. Popular options include commission-free brokers like Fidelity, Charles Schwab, or Robinhood (US), or international brokers like Interactive Brokers. You can buy individual shares or invest through ETFs that hold CAR-UN.
Does CAR-UN pay dividends? ▼
Canadian Apartment Properties Real Estate Investment Trust pays a dividend to shareholders with a current yield of 4.31%. This translates to C$1.55 per share annually. The payout ratio of 1% indicates sustainable dividend coverage.
What does Canadian Apartment Properties Real Estate Investment Trust do? ▼
Canadian Apartment Properties Real Estate Investment Trust is a REIT - Residential company operating in the Real Estate sector. The company is headquartered in Toronto, Canada.
What sector is CAR-UN in? ▼
CAR-UN operates in the Real Estate sector, specifically in the REIT - Residential industry.
When did CAR-UN go public? ▼
Canadian Apartment Properties Real Estate Investment Trust went public in 1999, making it a 27-year-old public company as of 2026.
How much would C$1,000 invested in CAR-UN 5 years ago be worth today? ▼
A C$1,000 investment in CAR-UN five years ago would be worth approximately C$805 today, representing a -19.5% return.
How much would C$1,000 invested in CAR-UN 10 years ago be worth today? ▼
A C$1,000 investment in CAR-UN ten years ago would be worth approximately C$1,765 today, representing a 76.5% total return over the decade.
What is CAR-UN's 3-year return? ▼
Over the past 3 years, CAR-UN has returned -13.6%. A C$1,000 investment would have grown to C$864.
How much would C$1,000 invested in CAR-UN at IPO be worth today? ▼
If you invested C$1,000 in CAR-UN at its IPO in 1999, it would be worth approximately C$13,950 today, a 1,295.0% return over 27 years.
Does CAR-UN pay dividends? ▼
Yes, Canadian Apartment Properties Real Estate Investment Trust pays a dividend with a current yield of 4.31%, which is C$1.55 per share annually.
What is CAR-UN's market cap? ▼
Canadian Apartment Properties Real Estate Investment Trust has a market capitalization of C$5.7 billion, classifying it as a mid-cap company.
What is CAR-UN's P/E ratio? ▼
CAR-UN has a trailing P/E ratio of 29.3 and a forward P/E of 14.3, which measures how much investors are paying per dollar of earnings.
Is CAR-UN a buy, hold, or sell? ▼
Based on 13 opinions, CAR-UN has a consensus "buy" rating. The average price target is C$45.04.
Last updated: 3/15/2026