SALTZMAN: Peloton steps it up with new treadmills

The connected fitness company unveils three new models – including its most affordable one to date

Published Sep 26, 2026  •  Last updated 25 minutes ago  •  5 minute read

The new Peloton Tread Flex, which also folds up to take up less floorspace, Peloton Tread Vision and Peloton Tread+ Vision. Photo by Supplied /Peloton

If you’ve been holding off buying Peloton equipment because the price was too steep, the connected fitness brand just announced its least expensive treadmill, to date.

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Instead of the current $4,395 for its base Tread model, the new Peloton Tread Flex – which also folds up to take up less floorspace when not in use – sells for $2,995 when it launches in Canada on Thursday.

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Tread Flex is one of three new treadmills unveiled last week by Peloton, designed for indoor running, walking, and hiking.

Like its predecessors (and other Peloton gear, like its bikes and rowing machines), this new equipment is designed to provide a connected cardio experience at home by integrating premium fitness hardware with live and on-demand streaming classes.

“We’re about bringing the fitness studio experience to your home and we believe we do that better than anyone else,” Peloton’s Chief Product Officer Nick Caldwell said in an interview at the company’s famous flagship studio in New York City, known as Peloton Studios New York (PSNY).

“Our magic formula consists of amazing hardware, the most innovative software – including new AI-powered coaching features – and of course our content, like where we are now at Peloton Studios New York, where we’re recording daily live classes that get streamed to our millions of users,” Caldwell added. “Community is everything to us, which is why our motto is ‘Together we go far.’”

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Peloton’s Chief Product Officer Nick Caldwell at Peloton Studios New York. Photo by Marc Saltzman /Toronto Sun/Postmedia Network

Yes, even $2,995 is steep for many, but $1400 less than the existing base model is newsworthy – just as prices are going up for just about everything else in life.

Note: Peloton All-Access Membership is a separate price from the treadmills, which costs $59.99 a month. This gives you unlimited access to the library of live and on-demand classes for your household (i.e. supporting multiple users) on your Peloton equipment and the Peloton App.

Speaking of the app, if you prefer you could go with just the Peloton App One, which costs $16.99/month (or $169/year) or Peloton App+ for $34.99/month (or $349/year), which adds unlimited cardio equipment classes opposed to limited to three classes per month (with Peloton App One).

The new Peloton Tread Flex, which also folds up to take up less floorspace. Photo by Supplied /Peloton

A quick look at the trio of new treadmills

Peloton Tread Flex ($2,995): The company’s least expensive and first foldable treadmill takes up much less floorspace when collapsed upright (about a 46% smaller footprint). As such, it’s ideal for smaller apartments and condos, and includes caster wheels to easily reposition it. It includes a 21.5-inch HD swivel screen for viewing content, your metrics, and supports many of the Peloton IQ features (see below). It also has a larger cup holder (one of the most requested non-techy features!) and has a new brushless motor that’s super quiet at about 70-decibels at max speed.

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Peloton Tread Vision ($4,395): For runners who want to go deeper, this one was built for performance, says Peloton, with improved Sonos audio and an integrated cooling fan, larger bottle holder, nearly 24-inch HD swivel screen, and includes a Peloton IQ camera that looks at you to analyze pace, stride, and cadence, and then gives you a post-workout efficiency score (per below). Along with new deck cushioning with internal dampeners for reduced joint impact, there are redesigned jump buttons (single tap to skip to the next/previous whole speed or incline number).

Peloton Tread+ Vision ($8,395): Along with the core features found in the Tread Vision, this top-of-the-line treadmill houses a soft slat surface (opposed to a traditional belt system) to reduce joint impact on your knees and hips, and provides better energy return, says the company. For serious cross-trainers and HYROX fans, this Tread features an exclusive Sled Mode that adds up to 300 pounds of simulated push resistance directly against the belt.

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Across all three, there are new software experiences, too, including Peloton ReRun, which takes captured data from your wearable device while outside (from an Apple Watch, Garmin, WHOOP band, etc.) and then simulates your favourite runs, walks or hikes while on the Tread that matches your elevation/incline changes.

And then there’s the new Peloton Running Efficiency Score, a 1-to-100 rating generated after a run by Peloton’s Run Analysis feature on compatible treadmills (not the Tread Flex). It uses a built-in movement-tracking camera to evaluate your running form based on metrics like cadence, stride length and vertical oscillation.

Introduced exactly a year ago, Peloton IQ is an AI-powered software suite and digital personal training assistant integrated across the Peloton ecosystem. By analyzing your workout history, performance metrics and connected wearable data, it automatically creates personalized weekly fitness plans, tailored recommendations and performance estimates. On advanced hardware, like Tread Vision and Tread+ Vision, it works with a built-in camera to provide real-time form correction, rep counting and weight suggestions during strength training.

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And of course, there’s Peloton’s popular video content across the board, with countless instructors, music and fitness types and skill levels (and meditation options), leaderboards, community events, and more.

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FITNESS FOR FREE

If buying at-home fitness gear (or a gym membership) just isn’t in your budget, tech can still help keep you get fit with at-home exercises (on, say, a mat) or while jogging or running around your neighbourhood.

Some suggestions for free tools:

Apps – Free downloads like WorkoutGen and Load Muscle offer completely free AI workout planners, paired with a large exercise database to build custom routines for you based on your needs and available equipment (if any at all). Nike Run Club also has free guided audio runs, in-app challenges, custom training plans, and real-time GPS tracking for pace, route and distance.

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AI Chatbots – Free tools like ChatGPT, Google Gemini and Microsoft Copilot can act as free fitness architects. Prompt them with your exact parameters – such as “Create a 4-day dumbbell-only upper/lower workout for a beginner” – to get an instant, customized routine.

YouTube – If you search for general terms like “home workout” or “exercise class,” YouTube yields more than 100 million results – spanning everything from short, targeted stretches to full-length, professional multi-week fitness programs.

– Marc Saltzman is the host of the Tech It Out podcast and is the author of the book, Apple Watch For Dummies (Wiley)

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