Toronto Downtown Condos Will Encourage More Downtown Office Space

Toronto Downtown Condos Will Encourage More Downtown Office Space

Simple. Toronto downtown Condo dwellers want to live and work in the new downtown areas.

Centralization and downtown intensification are trending in many of the larger Canadian cities like Toronto, Vancouver, Calgary and Montreal.

Low vacancy rates in these cities core are resulting in more office towers and more Condos as well.

Toronto will see a new 44-storey office tower project at the Bay Adelaide Centre, just across from the Trump Tower Condos

Below are some of the downtown office vacancy rates:

• Vancouver 3.7%
• Calgary 1%
• Edmonton 7.5%
• Toronto 4.8%
• Ottawa 5.8%
• Montreal 6.1%

Learn more about Toronto Condos