Toronto Office Space

Toronto

Office Space Market Report

Number of Listings (last 90 days)
10
Median Rate ($/sqft/yr)
$84
Median Size (sqft)
39,310
As of: February 24, 2017

Toronto Rates

The typical asking rate per listing is in the $80's per square foot per year. The Toronto submarket is going through a an increase in rates. In the last 3 months, the median rate increased $84 per sqft per year.

Toronto Listing Supply

In the last 90 days, 10 listings have been posted online, which means office spaces might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 90% of the office spaces in the Toronto are subleases, so you might be able to find a shorter term or below market rent. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

Even though the median size is 39,310 sqft, there are still 0 leases below 2,000 sqft. Most properties in this region are approximately 8 stories. Most buildings in this area were built in 1980 and are Class A.

Toronto Community

Market Report

Trends and status of the commercial real estate market in Toronto.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Toronto.
Research