The typical asking rate per listing is in the $0's per square foot per year. The Downtown Toronto region is experiencing a decrease in rates. In the last 3 months, the median rate decreased $84 per sqft per year. That's a 100% decline in rent.
In the last 90 days, 5 listings have been made available, which means office spaces most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around sqft. Most properties in this area are close to 15 stories. Most buildings in this area were built in 1972 and are Class A.
Public administration is the dominant industry in this area. 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.