{
  "url": "https://classa.info/cities/toronto/midtown-toronto/topics/rents-and-availability",
  "title": "Midtown, Toronto office rents and availability",
  "description": "Asking rents and Class A availability in the Midtown submarket of Toronto.",
  "oneSentenceAnswer": "Midtown is a established-tier Toronto submarket with average asking rent around C$48/sqft/yr · ≈ $35.5 PSF/yr USD.",
  "tldr": [
    "Average asking rent: C$48/sqft/yr · ≈ $35.5 PSF/yr USD.",
    "Tier: established.",
    "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 established tier."
  ],
  "keyFacts": {
    "city": "Toronto",
    "submarket": "Midtown",
    "tier": "established",
    "averageRentLocal": "C$48/sqft/yr · ≈ $35.5 PSF/yr USD",
    "cityClassARentUsd": "$58/sqft/yr",
    "cityVacancyPct": "17.6%"
  },
  "faqs": [
    {
      "question": "What is the average Class A rent in Midtown, Toronto?",
      "answer": "Around C$48/sqft/yr · ≈ $35.5 PSF/yr USD. The citywide Class A index sits at C$78/sqft/yr · ≈ $57.7 PSF/yr USD."
    }
  ],
  "pageType": "nb-topic",
  "lastUpdated": "2026-04-15T00:00:00.000Z",
  "license": "CC BY 4.0 with attribution to Class A Atlas (https://classa.info).",
  "citation": "Source: Class A Atlas (https://classa.info/cities/toronto/midtown-toronto/topics/rents-and-availability), updated 2026-04-15T00:00:00.000Z."
}