Canadian cities will have lowest office rates in the Americas by 2019

Office vacancy rates in some of Canada’s biggest cities are set to be among the lowest in the Americas within the next two years as demand makes the markets among the fastest-growing.

Cushman & Wakefield says that Toronto will have the lowest vacancy rate at 3.9%; Vancouver will be at 6.3%; Ottawa at 7.3%: and Winnipeg 7.4%. The only US city in the list is Orlando at 7.2%.

Toronto will lead four Canadian markets as one of the top 10 fastest-growing office markets in the Americas at 6.6%. The others are Winnipeg (6.4%), Edmonton (4%) and Vancouver (3.7%).

Are you looking to invest in property? If you like, we can get one of our mortgage experts to tell you exactly how much you can afford to borrow, which is the best mortgage for you or how much they could save you right now if you have an existing mortgage. Click here to get help choosing the best mortgage rate

Market update:

Get help choosing the best mortgage rate

Just fill in a few details, and we'll arrange for a Mortgage adviser to help you find the best mortgage for your needs

  • How soon do you want a mortgage?
  • Name
  • Where do you live?
  • Phone number
  • E-mail address

Industry news

Submit a press release

Poll

Should government update pot rules to prohibit growing in rentals?