Greater Toronto
office market report

Q1 2023

11.6%

Overall downtown office vacancy rate

up from 2.1% in Q1 2020
8.8M sf

Available sublet space

up 26% year-over-year
6.3M sf

Office area under construction

equal to 3% of existing inventory
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Your source for the latest Toronto office market reports

Get in-depth office market reports and insights from commercial real estate experts in the Greater Toronto Area. Avison Young advisors look at Toronto commercial real estate activities and the latest Toronto statistics to provide you expert market research on Toronto's office properties.

Explore different topics like the latest office market pricing trends and analysis of Toronto's current office real estate market conditions. Gain a better understanding of Toronto’s office real estate outlook and stay ahead of current office space trends. Make smart decisions when it comes to investing in office properties in Toronto's competitive office real estate market. Avison Young is your trusted source for commercial real estate office market insights in Toronto.

The dashboard was delivered through AVANT by Avison Young: leveraging real-time data and analytics to make cities and location-based decisions more transparent and efficient. Learn more about AVANT.

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