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How Much Does Office Space Cost in Toronto? Per-Desk Prices by District (October 2026)

October 19, 2026 | by Michael Monday

Published asking prices in Toronto run from CA$279 per desk per month at the low end to CA$700 in the upper quarter, with a median of CA$500. That is the per-desk, per-month asking price for a private office or dedicated desk in a serviced or coworking building, with furniture, internet, cleaning and reception included. The figures come from 74 published prices on SquareFoot as of October 2026.

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Price by district

DistrictListingsFromMedian
Mississauga22CA$339CA$395
Financial District16CA$530CA$730
Old Toronto9CA$225CA$349
North York9CA$279CA$700
King West4CA$1,050CA$1,050
Etobicoke3CA$650CA$650
Scarborough3CA$699CA$699
Downtown2CA$399CA$399
Entertainment District2CA$565CA$565
Midtown2CA$990CA$990

“From” is the tenth-percentile published price in that district, so a real low end rather than a single outlier; the median is the middle of the published range. Districts with fewer than three published prices are left out.

What a team pays per month

TeamAt the low end (CA$279/desk)At the median (CA$500/desk)Upper quarter (CA$700/desk)
1 personCA$279CA$500CA$700
5 peopleCA$1,395CA$2,500CA$3,500
10 peopleCA$2,790CA$5,000CA$7,000
20 peopleCA$5,580CA$10,000CA$14,000

These are straight multiples of the per-desk price. In practice a 10-person office is often priced as a suite rather than ten desks, and the per-desk figure falls as headcount rises, so treat the median column as the budget to plan around and the low end as what a patient search in the right district can reach.

What the price includes

At a serviced or coworking operator the monthly figure covers the furnished office, internet, utilities, cleaning, reception and shared kitchens and lounges. Meeting rooms are either included as a monthly allowance or billed by the hour; parking, printing and phone lines are usually extra. There is no separate rent, taxes or service charge, which is the main difference from a conventional lease.

How SquareFoot fits in

SquareFoot lists 164 Toronto spaces with the operators’ and landlords’ own published prices, sorted by price and district, and a SquareFoot specialist confirms the exact figure with the operator before you tour. Free for tenants.

Counts and prices are from SquareFoot’s live listings for Toronto as of October 2026: 164 listings, 74 with a published asking price, collected from the operators’ and landlords’ own pages. Prices are per desk per month for serviced and flexible space unless stated. Written by SquareFoot; reviewed October 2026.

Frequently asked questions

What is the average cost of office space in Toronto?

The median published asking price in Toronto is CA$500 per desk per month for a private office or dedicated desk in a serviced or coworking building, as of October 2026. The range runs from CA$279 to CA$700 across the middle 80% of listings.

Which Toronto district is cheapest for an office?

Old Toronto has the lowest published starting price at CA$225 per desk per month; King West has the highest median at CA$1,050.

How much office space does a 10-person team need?

In a serviced building a 10-person private office or suite is typically 1,000 to 1,500 square feet, priced per desk; at the Toronto median that is about CA$5,000 a month. On a conventional lease plan on 150 to 200 square feet per person.

Related: WeWork alternatives in Toronto · Short-term office space in Toronto · Best coworking spaces in Toronto for small teams · Office space for 10 to 20 people in Toronto · How to find office space in Toronto · Flexible office vs lease in Toronto · Where to put an office in Toronto · Every Toronto listing with prices · Mississauga offices · Financial District offices · Old Toronto offices

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