Midtown's tenant base is anchored by insurance back-office, technology, professional services satellites.

• Tier: established.
• Tenant character: Yonge and Eglinton corridor.
• Average rent: C$48/sqft/yr · ≈ $35.5 PSF/yr USD.

TL;DR

• Tier: established.
• Tenant character: Yonge and Eglinton corridor.
• Average rent: C$48/sqft/yr · ≈ $35.5 PSF/yr USD.

Who clusters here

Insurance back-office, technology, professional services satellites.

What that means for newcomers

Newcomers to Midtown should expect peer-tenant scrutiny: covenant strength, brand fit, and signage standards are watched closely. Lease-up product underwrites by anchor tenant; secondary tenants typically benefit from anchor halo.

Key facts

Frequently asked questions

What kind of tenants lease in Midtown?

Insurance back-office, technology, professional services satellites.

Related

• Midtown — submarket overview
• Toronto — full city profile
• Toronto submarkets — all
• Midtown — Rents
• Midtown — Transit
• Midtown — Amenity
• Midtown — Buildings

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

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