Peloton may have made its name by convincing millions of people to bring a stationary bike into their homes, but the fitness brand is making a much bigger play for runners, walkers and hikers this fall — including those of us who simply don’t have the space to permanently sacrifice half a room to a treadmill.
On October 1, Peloton will launch three new treadmills in Canada: the Peloton Tread Flex, Peloton Tread Vision and Peloton Tread+ Vision. While all three arrive with new technology and expanded training capabilities, it’s the entry-level Tread Flex that may be the most interesting addition to the lineup. Not only is it Peloton’s first-ever folding treadmill, but at $2,995 CAD, it is also the brand’s most affordable Tread yet.
Designed specifically with smaller spaces in mind, the Tread Flex can be folded to reduce its footprint by nearly 50 percent when it isn’t being used, making the idea of owning a treadmill considerably more realistic for condo dwellers or anyone who doesn’t have a dedicated home gym. Despite the smaller footprint, Peloton says the machine can still reach running speeds of up to 12.5 mph.
For Peloton instructor Kirsten Ferguson, who teaches everything from running and hiking to power walking and stretching, that combination of a lower price point and smaller footprint is what makes the Flex particularly exciting.
“I’m excited about the affordability and making things a little more accessible to more members,” Ferguson told 29Secrets. “And also, I think the Flex is just amazing.”
More importantly, Ferguson says the foldable design addresses something she regularly hears from people who would like to bring a treadmill into their homes but simply don’t have the space.
“I get asked all of the time, ‘I want to try out a treadmill, but I just don’t have room for it.’ Well, it’s coming!” she says. “Now you have the ability to have this amazing Tread with all of our content and all of these amazing features, and it folds up so it can fit into your space. It’s really the one that I’m most excited about.”
The Flex is just one piece of a larger overhaul of Peloton’s treadmill lineup. The new $4,395 Tread Vision introduces an upgraded cushioning system, convenient jump buttons for changing speed during a workout and a movement-tracking camera that can analyze running form and provide feedback during strength workouts off the Tread. At the top of the lineup is the $8,395 Tread+ Vision, which combines the brand’s slat-belt design with movement tracking and Sled Mode, a feature that adds up to 300 pounds of resistance and essentially transforms the treadmill into a strength-training station without requiring you to step off the machine.
All three models feature swivel screens, making it easier to transition from a run or walk into one of Peloton’s strength, Pilates, stretching or meditation classes, while the lineup is powered by Peloton IQ, the company’s AI-enabled fitness platform.
Peloton IQ is getting smarter, too
The hardware isn’t the only thing getting an upgrade. Beginning October 1, Peloton is rolling out a collection of new Peloton IQ features designed to make workouts more personalized, particularly for runners.
Among them is Run Analysis, which looks at cadence, vertical oscillation and stride length to generate a running-efficiency score and offer suggestions for improving form. IQ Pace Targets will use a member’s recent performance to establish personalized speed ranges for different intervals, while new Heart Rate Zone Workouts can incorporate data from a compatible smartwatch or fitness band for Zone 2 cardiovascular training.
For Ferguson, the new Pace Targets functionality is especially meaningful because it could help remove some of the intimidation that often comes with taking a running class, particularly for beginners who may worry that they won’t be able to keep up.
“Also near and dear to my heart is the Pace Targets,” Ferguson says. “As a beginner runner, I felt like I couldn’t actually be a runner because I wasn’t fast enough. But now with Pace Targets, it welcomes you wherever you’re at. It really says, ‘Great, you’re here! We got you. You can take this class and you’ll feel welcomed in it.’”
And despite the name, Ferguson is quick to point out that owning a Tread doesn’t mean you have to start running on day one — or necessarily run at all.
“We have so many incredible classes for the runner who is just starting out. People think Tread, they automatically think running, and that can be a part of your future goals, for sure, but also we can meet you wherever you’re at,” she says. “We have a ton of walking classes and hiking classes that will help build your power. And then one of my favourite classes to teach, and take, are our 50 percent walking, 50 percent running classes that make things feel achievable.”
For anyone who does eventually want to make the leap from walking to running, Ferguson recommends starting slowly and building from there.
“I would say start with a walk and then try one of our programs that are designed to take you from the couch to a 5K,” she says.
Ferguson’s popular Call Yourself a Runner program is specifically designed with new runners in mind, mixing walking and running as members gradually build their fitness — and confidence — week by week.
Perhaps the most intriguing new Peloton IQ feature, however, is ReRuns. The tool allows members to take an outdoor route they’ve previously completed and recreate it on a Peloton Tread, automatically translating the elevation changes from that route into treadmill inclines. There will also be pre-loaded routes for anyone who wants to virtually tackle somewhere new.
The expanded technology reflects Peloton’s effort to make its Tread platform useful to a much broader group than serious runners alone. The platform now offers more than 17,000 Tread-specific live and on-demand classes spanning running, walking and hiking, and the company is also introducing new Race Training Programs built around complete training cycles, incorporating long runs, speed work and recovery days rather than treating each workout as a standalone class.
For Canadian shoppers, Peloton is also becoming a little easier to find in real life. Beginning October 1, a new partnership with Canadian retailer The Fitness Factory will bring Peloton hardware, including the three new Tread models, to eight retail locations across Ontario, Alberta and Nova Scotia, giving shoppers another opportunity to actually try the equipment before committing to bringing one home.
The Peloton Tread Flex ($2,995 CAD), Tread Vision ($4,395 CAD) and Tread+ Vision ($8,395 CAD) will all be available in Canada beginning October 1, 2026. And if you’re looking for a class to kick things off, Ferguson already has a recommendation: her personal favourite class she’s ever taught, a 30-minute Lil Wayne Run from January 9, 2025, is waiting in the Peloton library.
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