# Montreal vs Toronto: Class A office comparison

> Montreal ($28/sqft, 18.6% vacancy) and Toronto ($58/sqft, 17.6% vacancy) compete on different axes: Montreal on talent depth and Toronto on rent and tax.

**Canonical URL:** https://classa.info/compare/montreal-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: Montreal $28/sqft vs Toronto $58/sqft.
- Vacancy: Montreal 18.6% vs Toronto 17.6%.
- Talent index: Montreal 86 vs Toronto 80.
- Corporate tax: Montreal 26.5% vs Toronto 26.5%.
- Premium flex/seat/month: Montreal $580 vs Toronto $920.

## Key facts
- **cityA**: Montreal
- **cityB**: Toronto
- **rentUsdA**: $28
- **rentUsdB**: $58
- **vacancyA**: 18.6%
- **vacancyB**: 17.6%
- **talentA**: 86
- **talentB**: 80
- **taxA**: 26.5%
- **taxB**: 26.5%

## FAQ
### Is Class A office cheaper in Montreal or Toronto?
Montreal is cheaper on a USD basis: $28/sqft vs $58/sqft.

### Which has better talent depth, Montreal or Toronto?
Montreal indexes higher on talent depth (86 vs 80).

### Which has more sublease availability, Montreal or Toronto?
Montreal carries higher vacancy (18.6% vs 17.6%) and therefore typically more sublease overhang.

### What lease term should I expect in Montreal vs Toronto?
Montreal typical term is 10 years with 12 months rent-free; Toronto typical term is 10 years with 18 months rent-free.

### How does transit and commuter access compare?
Montreal: STM Métro (four lines), exo commuter rail, and REM automated light rail (opening progressively 2024-25). Downtown is highly walkable and Métro-served. The Underground City connects 33 km of pedestrian passages. 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/montreal-vs-toronto), updated 2026-04-15T00:00:00.000Z.