bay street

Toronto street has Canada's most expensive office space

Toronto is not a budget-friendly city so it's really no surprise that Canada's priciest workplaces are located in the heart of our Financial District.

As the Globe and Mail reports, Bay Street is home to the most expensive office space in the country with cost of rent averaging out to $68.19 per square foot, according to the JLL real estate firm.

Vancouver's Burrard Street comes in second place ($57.72 per square foot) with Ottawa ($49.34 per square foot) trailing in third.

Are you surprised by these rankings? Let us know in the comments.

Photo by twurdemann in the blogTO Flickr pool.


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