Quick reference: Toronto Class A rent is C$78/sqft/yr · ≈ $57.7 PSF/yr USD ($58 USD), typical term 10 years, 18 months free.

Class A rent: C$78/sqft/yr · ≈ $57.7 PSF/yr USD.
Typical term: 10 years.
Typical rent-free: 18 months.
Vacancy: 17.6%.

Toronto Class A office: frequently asked questions

Quick reference: Toronto Class A rent is C$78/sqft/yr · ≈ $57.7 PSF/yr USD ($58 USD), typical term 10 years, 18 months free.

TL;DR

Class A rent: C$78/sqft/yr · ≈ $57.7 PSF/yr USD.
Typical term: 10 years.
Typical rent-free: 18 months.
Vacancy: 17.6%.

Quick reference

Use this page as the fast-answer reference for Toronto. Deep coverage lives on the city page, the topic pages, and the comparison views.

Key facts

city	Toronto
country	Canada
region	Americas
classARentLocal	C$78/sqft/yr · ≈ $57.7 PSF/yr USD
classARentUsd	$58/sqft/yr
vacancy	17.6%
typicalLeaseYears	10
typicalRentFreeMonths	18
submarkets	6
primeYieldPct	5.5%

Frequently asked questions

What is the PATH?: Toronto's underground pedestrian network connecting roughly 30 trophy office assets, Union Station, and major retail. It materially extends the effective amenity reach of any single Financial Core address.

Editorial provenance

Reviewed by Miriam Hollander — Lead market analyst. Last updated 2026-04-15. See our methodology and editorial standards.

Primary sources for this page

CBRE Marketview reports — CBRE
JLL Office Insight — JLL
Cushman & Wakefield Marketbeat — Cushman & Wakefield
Savills World Research — Savills
Colliers Global Office Outlook — Colliers

Full sources index · Submit a correction

Related topics

Class A Lease Negotiation — How to negotiate a Class A office lease — the playbook from LOI to signed deal.
Hybrid Workplace Strategy — How to size, structure, and lease a Class A office for a hybrid workforce.
ESG / LEED for Tenants — How tenants evaluate, negotiate, and report on ESG performance in a Class A office lease.
Cross-border Expansion — How to run a coordinated Class A office search across multiple geographies.
Fit-out Capex — How to budget, sequence, and govern Class A office fit-out">fit-out capex.
Lease vs Flex — When premium flex (coworking, managed office) beats a conventional Class A lease — and vice versa.

Quick reference: Toronto Class A rent is C$78/sqft/yr · ≈ $57.7 PSF/yr USD ($58 USD), typical term 10 years, 18 months free.

Class A rent: C$78/sqft/yr · ≈ $57.7 PSF/yr USD.
Typical term: 10 years.
Typical rent-free: 18 months.
Vacancy: 17.6%.

Cities › Toronto › Toronto Class A office: frequently asked questionsToronto Class A office: frequently asked questionsQuick reference: Toronto Class A rent is C$78/sqft/yr · ≈ $57.7 PSF/yr USD ($58 USD), typical term 10 years, 18 months free.

TL;DR

Class A rent: C$78/sqft/yr · ≈ $57.7 PSF/yr USD.
Typical term: 10 years.
Typical rent-free: 18 months.
Vacancy: 17.6%.

Quick reference

Use this page as the fast-answer reference for Toronto. Deep coverage lives on the city page, the topic pages, and the comparison views.

Key facts

city	Toronto
country	Canada
region	Americas
classARentLocal	C$78/sqft/yr · ≈ $57.7 PSF/yr USD
classARentUsd	$58/sqft/yr
vacancy	17.6%
typicalLeaseYears	10
typicalRentFreeMonths	18
submarkets	6
primeYieldPct	5.5%

Frequently asked questions

What is the PATH?: Toronto's underground pedestrian network connecting roughly 30 trophy office assets, Union Station, and major retail. It materially extends the effective amenity reach of any single Financial Core address.

Editorial provenance

Reviewed by Miriam Hollander — Lead market analyst. Last updated 2026-04-15. See our methodology and editorial standards.

Primary sources for this page

CBRE Marketview reports — CBRE
JLL Office Insight — JLL
Cushman & Wakefield Marketbeat — Cushman & Wakefield
Savills World Research — Savills
Colliers Global Office Outlook — Colliers

Full sources index · Submit a correction

Related topics

Class A Lease Negotiation — How to negotiate a Class A office lease — the playbook from LOI to signed deal.
Hybrid Workplace Strategy — How to size, structure, and lease a Class A office for a hybrid workforce.
ESG / LEED for Tenants — How tenants evaluate, negotiate, and report on ESG performance in a Class A office lease.
Cross-border Expansion — How to run a coordinated Class A office search across multiple geographies.
Fit-out Capex — How to budget, sequence, and govern Class A office fit-out">fit-out capex.
Lease vs Flex — When premium flex (coworking, managed office) beats a conventional Class A lease — and vice versa.