King East & Distillery is a prime-tier Toronto submarket with average asking rent around C$55/sqft/yr · ≈ $40.7 PSF/yr USD.

  • Average asking rent: C$55/sqft/yr · ≈ $40.7 PSF/yr USD.
  • Tier: prime.
  • Citywide Class A rent context: C$78/sqft/yr · ≈ $57.7 PSF/yr USD ($58 USD).
  • Citywide vacancy: 17.6% — submarket-level availability is typically tighter at prime tier.

King East & Distillery, Toronto office rents and availability

King East & Distillery is a prime-tier Toronto submarket with average asking rent around C$55/sqft/yr · ≈ $40.7 PSF/yr USD.

TL;DR

  • Average asking rent: C$55/sqft/yr · ≈ $40.7 PSF/yr USD.
  • Tier: prime.
  • Citywide Class A rent context: C$78/sqft/yr · ≈ $57.7 PSF/yr USD ($58 USD).
  • Citywide vacancy: 17.6% — submarket-level availability is typically tighter at prime tier.

Where rent sits

King East & Distillery averages around C$55/sqft/yr · ≈ $40.7 PSF/yr USD for Class A, against a citywide Class A index of 78. As a prime submarket, rent runs at or above city average with mostly tight availability.

Availability dynamics

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Key facts

cityToronto
submarketKing East & Distillery
tierprime
averageRentLocalC$55/sqft/yr · ≈ $40.7 PSF/yr USD
cityClassARentUsd$58/sqft/yr
cityVacancyPct17.6%

Frequently asked questions

What is the average Class A rent in King East & Distillery, Toronto?
Around C$55/sqft/yr · ≈ $40.7 PSF/yr USD. The citywide Class A index sits at C$78/sqft/yr · ≈ $57.7 PSF/yr USD.

Related

Editorial provenance

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

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