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October 19, 2026 | by Michael Monday
A furnished office for 10 to 20 people in Toronto costs about CA$5,000 to CA$10,000 a month at the median published per-desk rate, and it can be ready in days rather than months. 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. Below are the operators with team suites in Toronto, what each headcount pays at the low end, the median and the upper quarter, and when a conventional lease starts to make more sense.
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| Headcount | Low end (CA$279/desk) | Median (CA$500/desk) | Upper quarter (CA$700/desk) |
|---|---|---|---|
| 10 people | CA$2,790 | CA$5,000 | CA$7,000 |
| 15 people | CA$4,185 | CA$7,500 | CA$10,500 |
| 20 people | CA$5,580 | CA$10,000 | CA$14,000 |
Suites are usually priced as a unit rather than per desk, and the effective per-desk price falls as headcount rises, so the median column is a planning figure and operators often come in under it for a 15 or 20-person suite on a twelve-month term.
| Operator | Centres in Toronto | From, per desk / month | Where |
|---|---|---|---|
| Regus | 42 | CA$225 | Toronto, Mississauga, Old Toronto |
| WeWork | 11 | CA$520 | Toronto, Financial District, Entertainment District |
| Workhaus | 11 | On inquiry | Financial District, North York, King West |
| Lennard Commercial Realty | 11 | On inquiry | North York, York St & Adelaide St W, Yonge-St. Clair |
| Spaces | 10 | CA$299 | Toronto, Old Toronto |
| iQ Offices | 8 | CA$717 | Financial District, Toronto, King West |
| Intelligent Office | 6 | CA$600 | Mississauga, Midtown, North York |
| Workplace One | 5 | On inquiry | Toronto |
A serviced suite wins on speed and on the all-in price for the first year or two: no fit-out, no furniture, no separate utilities, and a term of 6 to 24 months. A conventional lease starts to make sense around 2,000 square feet with a three-year horizon. The listings page shows both side by side, flexible space priced per desk and direct space priced by the square foot.
SquareFoot is an office brokerage: tell the specialist the headcount and the district, and they confirm which suites are actually available at what price, line up the tours, and handle the conventional lease side if that is where the search lands. 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.
About CA$7,500 a month at the median published per-desk rate in Toronto (CA$500 per desk), CA$4,185 at the low end and CA$10,500 in the upper quarter, as of October 2026. Suites on a twelve-month term are often quoted below the straight per-desk multiple.
Into a serviced suite, usually within one to three weeks of a tour: the space is furnished and wired, and the agreement is a licence rather than a lease. A furnished sublease takes three to six weeks; a conventional lease with a build-out takes three to six months.
Regus, WeWork, Workhaus run the most centres in Toronto and all offer team suites; the listing for each centre states the largest office available. Ask the specialist to check current availability, which changes weekly.
Related: WeWork alternatives in Toronto · How much office space costs in Toronto · Short-term office space in Toronto · Best coworking spaces in Toronto for small teams · 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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