Toronto Office Space:

The city of Toronto continually invests in the business infrastructure of the area, with many new commercial developments in the downtown area to help entrepreneurs of all kinds build business in the area. Whether you're looking for retail spaces, warehouse space, or simply looking for a small office to take advantage of, you'll find a great deal of options in the area. The office vacancy rate of Toronto has been at around 5% in recent months, but has dropped from double digit numbers in the past. A recent survey of office space rentals in and around the greater Toronto area yielded favorable prices with many options starting at around $3 a square foot and beyond. Larger spaces abound as well with prices comparable to larger cities in North America. The average for large spaces of 1,000 square feet and more started at around $1 a square foot with several key amenities that can be added at no extra charge. Office space Heaven offers a Free service - as your tenant rep - so call us today or search some of our offices and executive suite listings (with pictures and details). We also service commercial properties in Vancouver, Montreal, and Victoria. If you need help measuring an office floor plan - as you determine how many employees you will have we can help.

Population / Stats:

The largest city in the nation of Canada is located in the province of Ontario, it is Toronto. The area is one of the most populated cities in north American and has been growing in both business, diversity, and education for many years. The estimated population of the city is roughly 2.5 million residents, and the estimated metropolitan area has an estimated population of around 5.1 million residents. The area has a deep history that reaches back to 1793 and has a strong French heritage. It was incorporated in 1834 and has since been the largest, fastest growing area of Canada.

Toronto Economy:

The economic portrait of Toronto relies heavily on several large sectors. Some of the larger industries in the area include aerospace, film, television, medical research, education, tourism, and much more. Much like other big cities, the area has a great deal of employment options for people of all backgrounds to explore. Whether you're looking to start at the bottom and climb your way up the corporate ladder, or you're looking to further your career in specific industry, you'll find it in Toronto. Some of the larger companies in the area include, Nelvana, Nortel, IBM, BMG Music Canada, Sirius Canada, XM Radio Canada, Onex Corporation and many other large companies offering thousands of job seekers employment opportunities. Despite a great deal of options to explore in terms of vocations, the area has recently had an unemployment rate of around 8% which is higher than the national average. Analysts are optimistic about the future as the area has been known to bounce back from economical hardships.

Airport / Culture:

The climate of the area is moderate, especially for Canada. There are four distinct seasons with spring and summer ushering in warmer temperatures, but there is plenty of extreme cold in the winter months. The average snowfall in the area is around 52 inches annually and temperatures can drop below freezing. While extreme weather is not too uncommon in the area, the climate is still relatively temperate to mild for many months.
The large airport in the area is Toronto Pearson International Airport. The airport is the busiest in the nation and helps move 30 million passengers annually and has more than 400,000 aircraft movements. It is ranked as the 20th busiest airport in the world, and has seen major improvements in recent years. Much like other large airports, it has been revitalized with many key entertainment upgrades to help travelers enjoy their stay in the airport, while waiting for flights.