What does cost to lease Industrial space in the Greater Toronto Area?
These costs can range depending on the specific location size and functionality of the building. Average net rental rates, ranges from $3.50 per sq. ft per annum to $5.75 per sq.ft per annum. TMI (Taxes Maintenance and Insurance) ranges from $2.50 to $3.50 per sq. ft per annum. Gross rental rates from $6.00 to $9.25 per sq. ft per annum.