# Miami vs Toronto: Class A office comparison

> Miami ($78/sqft, 11.8% vacancy) and Toronto ($58/sqft, 17.6% vacancy) compete on different axes: Miami on rent and tax and Toronto on talent depth.

**Canonical URL:** https://classa.info/compare/miami-vs-toronto
**Page type:** comparison
**Last updated:** 2026-04-15T00:00:00.000Z
**License:** CC BY 4.0 with attribution to Class A Atlas (https://classa.info).

## TL;DR
- Class A rent: Miami $78/sqft vs Toronto $58/sqft.
- Vacancy: Miami 11.8% vs Toronto 17.6%.
- Talent index: Miami 78 vs Toronto 80.
- Corporate tax: Miami 21% vs Toronto 26.5%.
- Premium flex/seat/month: Miami $920 vs Toronto $920.

## Key facts
- **cityA**: Miami
- **cityB**: Toronto
- **rentUsdA**: $78
- **rentUsdB**: $58
- **vacancyA**: 11.8%
- **vacancyB**: 17.6%
- **talentA**: 78
- **talentB**: 80
- **taxA**: 21%
- **taxB**: 26.5%

## FAQ
### Is Class A office cheaper in Miami or Toronto?
Toronto is cheaper on a USD basis: $58/sqft vs $78/sqft.

### Which has better talent depth, Miami or Toronto?
Toronto indexes higher on talent depth (80 vs 78).

### Which has more sublease availability, Miami or Toronto?
Toronto carries higher vacancy (17.6% vs 11.8%) and therefore typically more sublease overhang.

### What lease term should I expect in Miami vs Toronto?
Miami typical term is 7 years with 9 months rent-free; Toronto typical term is 10 years with 18 months rent-free.

### How does transit and commuter access compare?
Miami: Metromover (free downtown), Metrorail to Brickell and Government Center, Brightline regional rail, MIA Mover from Miami International Airport. Brickell and Downtown are walkable; Wynwood and Coral Gables remain car-dependent. Toronto: TTC subway plus GO Transit commuter rail converge at Union Station. The PATH connects most Financial Core assets underground.

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Citation: Source: Class A Atlas (https://classa.info/compare/miami-vs-toronto), updated 2026-04-15T00:00:00.000Z.