Q3 2025 Toronto Office Market Report
The Toronto office market showed early signs of stabilization in Q3, marking a potential turning point after several years of disruption. Overall vacancy across the GTA now sits at 17.2%, while availability has increased to 22.0%. Sublease space now accounts for roughly 14% of total availability, down from a peak of 24% during the pandemic, signalling that the flood of surplus space is finally receding.
Read our Q3 2025 Office Market Report for more information on how the market has been trending and how tenants can leverage current market conditions.
Read our Q3 2025 Office Market Report for more information on how the market has been trending and how tenants can leverage current market conditions.