Commercial Properties for Sale or Lease
Demand for commercial properties in strategic markets continues to grow as Canada’s economy and business sectors expand. This sustained growth has increased the need for well-located commercial space for sale or lease.
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Commercial Space for Sale or Lease
Commercial properties are designed for the manufacturing, storage, and distribution of goods. These properties are available in a variety of sizes and configurations to accommodate diverse business operations.
- Manufacturing (Heavy Manufacturing, Light Assembly)
Manufacturing facilities typically allocate less than 20% of the total space to office use and are equipped with loading docks to support truck access and logistics operations.
- Flex Space (Research & Development, Data Centres, Showrooms)
Flex properties offer versatility and can support multiple business functions. These buildings generally feature a higher proportion of office space, making them suitable for research, development, technology, and showroom use.
Office Leasing in Toronto
Toronto Office Space for Lease, Professional Office Space for Lease
Allen Mayer, Real Estate Broker, specializes in leasing professional office space throughout Toronto. Whether your business requires 1,000 sq. ft. or up to 100,000 sq. ft., he can effectively support your office space requirements with tailored leasing solutions.
Office space in Toronto is rarely a turnkey offering. Most properties require customization to meet tenant-specific operational and branding needs. As a result, office lease terms typically range from a minimum of five (5) years to ten (10) years or more, depending on the property and tenant requirements.
A significant portion of Toronto office space for lease is not publicly listed on the MLS system. Professional office leasing is commonly handled through real estate brokerages, off-market opportunities, or exclusive listings. Allen Mayer has direct access to these opportunities and would be pleased to assist you in identifying suitable options.
It is essential for tenants to have independent representation throughout the leasing process. Having your own dedicated broker ensures your interests are fully protected during negotiations and throughout the offer-to-lease transaction.
How Much Office Space Does My Company Require?
Below is a general guideline of typical square footage allocations to help estimate how much office space your business may require. These figures are intended as reference points only. I recommend scheduling a consultation prior to touring properties so we can clearly define your specific operational, staffing, and growth requirements.
Typical Office Size Guidelines
- President’s Office: 300 – 400 sq. ft.
- Vice-President’s Office: 225 – 300 sq. ft.
- Executive Office: Approximately 150 sq. ft.
- Associate Office: Approximately 100 sq. ft.
- Manager Workstations: 64 – 80 sq. ft.
- Workstations: 36 – 48 sq. ft. (varies based on function)
Shared & Support Spaces
- Conference Rooms: Approximately 25 – 30 sq. ft. per person (conference table), depending on room usage
- Server Room: 80 – 200 sq. ft., depending on equipment and usage
- Mail / Copy Room: 100 – 150 sq. ft., depending on usage
- Reception Area:
- 125 – 200 sq. ft. for a receptionist with seating for 2–4 people
- 200 – 300 sq. ft. for a receptionist with seating for 6–8 people.
- Lunch / Break Room:
- 100 sq. ft. (no seating)
- 150-225 sq. ft. with a table that seats 4-6 people.
Additional Space Considerations
- Circulation Space: Add approximately 30% – 40% to the total square footage to account for hallways, closets, and common movement areas.
- Loss Factor: Typically add approximately 20% to the total square footage (inclusive of circulation). This may vary depending on building age and construction, but 20% is a practical starting estimate.
Commercial real estate is far more complex than that of a residential property. I can guide you through the process.
Understanding market lease rates and purchase costs requires detailed analysis, market knowledge, and experience. Let a trusted commercial real estate professional guide you. Contact me today to discuss your requirements.
Allen Mayer | Broker
Communities
Toronto has distinctive communities with their different specialties. Explore the opportunities in the Barrie, Mississauga and Vaughan area.
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Speak with Allen Mayer to explore current opportunities available in Toronto’s commercial real estate market.
Allen Mayer | Broker
Testimonial
Allen was incredibly professional, always advising us on our best options, and making sure we fully understood each step of the process. He worked tirelessly on our behalf, and I truly can’t imagine a realtor putting in more effort for their client than he did for us.
It was a pleasure working with him, and we’re extremely grateful for his dedication and hard work. Highly recommend.
Allen’s work ethic stood out every step of the way. He was always quick to respond, never missed a message, and constantly checked in to make sure we had what we needed. His experience in this industry gave us clarity on red flags, negotiation points, and the realities of different buildings and landlords.
What impressed me most was how strongly he advocated for our long-term success. He genuinely cared about our financial position and even suggested we consider a smaller unit because he felt it would set us up better. Most realtors would push clients toward the biggest space possible. Allen did the opposite and focused on what was right for us.
He was a pleasure to work with, incredibly reliable, and truly knowledgeable. I would wholeheartedly recommend him to anyone searching for a commercial real estate agent.
Answered all our concerns.
We now have sold all 10 properties. With the guidance and expertise of our real estate broker.