TOC / sq ft / yr
Under $60
$60 – $120
$120 – $200
Over $200

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Toronto Office Occupancy Costs

Total occupancy cost for Grade A office space in Toronto (Financial Core/PATH) is C$177.54 per sq ft (C$1911 per sq m) per year. Office rent is C$72.22 per sq ft (C$777 per sq m). The total includes rent, service charge, business rates, fit-out, facilities management, utilities and exit costs.

Toronto office costs by submarket
Submarket Rent / sq ft Rent / sq m Total cost / sq ft Total cost / sq m
Financial Core/PATH C$72.22 C$777 C$177.54 C$1911
Liberty Village/King West C$53.71 C$578 C$158.11 C$1702
Midtown C$52.82 C$569 C$151.26 C$1628