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Family Office Briefing on research bySavills·Apr 16, 2025

Toronto Q1 2025 Office Market Report

Toronto office market shows signs of bifurcation in Q1 2025 — family offices should consider co-GP opportunities with disciplined operators.

OfficeQ1 2025

Key Metrics

MetricValue
Central Business District Availability Rate17.5%
Non-Central Business District Availability Rate18.1%
Central Business District Asking Rental Rate62.89$/sf
Non-Central Business District Asking Rental Rate36.68$/sf
Quarterly Leasing Activity1.9msf
Available Sublease Space5.6msf

Metrics extracted from the source report and independently fact-checked. Method →

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