In the last 90 days, 5 listings have been listed, which means office spaces might be going fast. You'll want to be prepared to make an offer immediately. About 80% of the listings in the Downtown Toronto are subleases, so you might be able to snag a great spot on a short term. 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 25,240 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this region are approximately 15 stories. Most buildings in this area were built in 1972 and are Class A.
Public administration is the dominant industry in this market. Most of the occupants of Downtown Toronto work from home. Commuting more than an hour and a half a day is the norm for those who opt to reside in this part of town.