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November 2, 2026 | by Michael Monday
The median asking price for a private office desk in Toronto is CA$499 per month in November 2026. Half of the 75 priced office listings SquareFoot tracks sit between CA$349 and CA$700; the cheapest tenth asks under CA$279 and the top tenth over CA$925. That median is up 11% on 2026-10. Figures are the operators’ own asking rates, per desk per month, all-inclusive, across 191 centres and 12 operators; USD equivalents use the day’s mid-market rate (median US$355).
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| Measure | Per desk per month |
|---|---|
| Median | CA$499 |
| Lower quartile (p25) | CA$349 |
| Upper quartile (p75) | CA$700 |
| Cheapest tenth starts below | CA$279 |
| Most expensive tenth starts above | CA$925 |
| Priced office listings | 75 |
| Centres / operators tracked | 191 / 12 |
| District | Median | Middle half | Priced listings |
|---|---|---|---|
| Toronto | CA$449 | CA$349–CA$699 | 39 |
| Mississauga | CA$395 | CA$349–CA$500 | 11 |
| Old Toronto | CA$349 | CA$245–CA$615 | 7 |
| Financial District | CA$730 | CA$585–CA$850 | 6 |
| North York | CA$700 | CA$279–CA$1,400 | 3 |
Districts with fewer than three priced office listings are not shown.
| Product | Median | Middle half | Priced |
|---|---|---|---|
other | CA$201 | CA$201–CA$201 | 5 |
| private office | CA$500 | CA$349–CA$700 | 74 |
An asking rate in Toronto covers the furnished room, internet, reception, cleaning, utilities and shared meeting space; most operators quote per desk and per month and sign for one to twelve months, rolling after. Three things move the number: the district, the size of the office (larger teams pay less per desk), and the operator’s incentives on term, which the index cannot see. Private offices quoted only on inquiry are counted as centres but carry no price here; as quotes arrive they enter the index as quoted observations and are reported separately from published asking rates.
Prices are collected from operator pages that permit automated reading, from availability mailings operators send SquareFoot, and from quotes received on inquiries; converted to per desk per month; checked against a plausibility band; and published only when a city has at least 50 listed spaces, 25 priced, from two or more sources. The full method is on the SquareFoot Flex Index methodology page. The numbers in this post are available as open data in the Toronto JSON feed (CC BY 4.0). Cite as: SquareFoot Flex Index, Toronto, November 2026.
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