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.


Join the conversation Load comments

Latest in City

Weather alert issued for Toronto ahead of spring snowfall

Toronto throws subtle shade at Ford government with new Section 22 workplace order

Calls mount for Doug Ford to resign as Premier of Ontario

People find it hilarious that you can now get vaccinated at the Brunswick House in Toronto

Peel Region to shut down essential workplaces with 5 or more cases of COVID-19

This is how Toronto's massive 16 km linear park will look when it's finished

Someone in Toronto set up a cafe for dogs on their front lawn

Toronto now has loading platforms in bike lanes and here's how they work