Why rent commercial real estate in Toronto
Currently, Toronto with a population of 5.1 million people is the largest metropolis in Canada and among the most attractive cities in North America. Toronto is considered one of the most suitable places for life and business in the world. The representatives of almost 100 ethnic groups live in this city. Here you can see how people of different races, social groups, and confessions from all over the world live and work in harmony, share their traditions and customs and enrich each other.
Commercial real estate in Toronto is in high demand, and the choice of commercial spaces for different purposes is really big. You can find a considerable number of coworking spaces, meeting rooms, serviced offices, etc., in different areas of the city. get a full overview of business premises in Toronto on our website!
Located in the wealthiest region of the country, Toronto is not only the commercial and financial center of Canada but also its most prosperous city. The head offices of many well-known Canadian and global companies working in the field of high technologies, electronics, telecommunications, aeronautics, transport, publishing, medical research, education, tourism, etc., are located here. It is a large business and financial center, which houses the most famous stock exchange in the country. Toronto occupies a leading position in the Canadian economy and is developing rapidly.
Best districts to rent commercial properties
Toronto is a place, where the most ambitious entrepreneurs in Canada are developing their business. However, Toronto attracts not only with its favorable business climate but also with its calm, cozy atmosphere, high level of living, and well-developed infrastructure. This city is considered the safest in North America and an ideal destination for startups.
Downtown and Chinatown are the business districts of the city, where promising Canadian and foreign firms rent offices. Also, Toronto boasts the largest underground city in the world, PATH, which is over 30 km long. It connects six big hotels, 50 office towers, central station, and five metro stations. There are more than a thousand cafes, shops, and restaurants, business offices, parking and even beautiful parks for walks.
Offices and coworking spaces in Toronto
Toronto has rather low rental rates, whereas the quality of office spaces is rather high. For example, the cost of commercial space in Bloor Streeton – the most fashionable street in Toronto – is quite affordable even for startups with low capital. The reason for this is the rapid development of the city, with the reconstruction of many old areas in the center and the emergence of new business districts. A significant number of coworking spaces and serviced offices appear in Toronto every year. Hybrid spaces which combine the features of the two above mentioned types are designed to cater to virtually all business needs.