Midtown is best-fit for insurance back-office, technology, professional services satellites.
Midtown is best-fit for insurance back-office, technology, professional services satellites.
Insurance back-office, technology, professional services satellites.
Tenants demanding a trophy or marquee address will look elsewhere; established tier prioritises cost and access over brand.
| city | Toronto |
|---|---|
| submarket | Midtown |
| tier | established |
| averageRentLocal | C$48/sqft/yr · ≈ $35.5 PSF/yr USD |
| cityClassARentUsd | $58/sqft/yr |
| cityVacancyPct | 17.6% |
Reviewed by Miriam Hollander — Lead market analyst. Last updated 2026-04-15. See our methodology and editorial standards.