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Auto dealer goes on $200 million buying spree in Ontario

CanadaOne Auto Group has acquired 20 Ontario dealerships so far this year to stake a claim in Ottawa's flourishing auto sales market
Earlier this summer, CanadaOne Auto Group acquired this Ontario dealership at 191 Mapleview Dr. from Hyundai Sorel-Tracy for $14.9 million, one of 20 purchased by CanadaOne in 2024. (CoStar)
Earlier this summer, CanadaOne Auto Group acquired this Ontario dealership at 191 Mapleview Dr. from Hyundai Sorel-Tracy for $14.9 million, one of 20 purchased by CanadaOne in 2024. (CoStar)
CoStar Analytics
September 9, 2024 | 1:56 P.M.

An Edmonton-based car dealer, CanadaOne Auto Group, has been investing heavily in the Ontario region's auto retail landscape. So far this year, CanadaOne has acquired 20 auto dealership properties in the area for an aggregated transaction volume of $201 million.

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