There are three distinct areas of Toronto that offer really cool brick and beam office space.
The Liberty Dufferin market has been increasing in popularity for the last 5 years. Although there aren’t many restaurants for lunch, it provides slightly cheaper rental rates because of the distance from the financial core. It also offers a great community feeling and some fantastic landlords that really take pride in the services and products they offer like Liberty Market and Carpet Factory.
Liberty Market Video
My favorite brick and beam area is the Spadina corridor between Queen and Front. Pricing is still reasonable at $2,500 per month per 1000 square feet. There are tons of great restaurants, pubs, clubs and a fantastic atmosphere – although parking can be troublesome. The LRT runs up Spadina from Union station and provides great access if employees are coming in by GO train. The two landlords that dominate this node are WTF Group and Allied Properties – and there’s one other player I like – Capitol Buildings.
Finally, I get a lot of calls on the Distillery District in the Downtown East. This area is what the Liberty Dufferin area was 5 years ago. Fantastic weekend events through the summer but still lacking during the winter months and a good hike from the financial core. Pricing is similar to Spadina at $2,500 per month for a 1,000 square foot office.