There’s a lot to love about working in Toronto. It’s a thriving multicultural city with over 3 million residents, more than half born outside Canada.
The Toronto Transit Commission (TTC) is North America’s third-largest public transit system, so you can kiss those commuting worries goodbye. Or, if you’re a bike person, try out Bike Share Toronto and zoom around the city on a bright orange bike — which you can pick up and park at more than 800 stations, 24 hours a day, seven days a week.
Plus, you can pay for your daily coffee with “loonies” and “toonies.” Score one for Canada.
It’s an exciting city to work in — but where in Toronto is best for you? Here’s what to know if you’re in the market for a Toronto coworking space.
Toronto’s Financial District: 30 Adelaide St. East
If you’re looking for coworking space in Toronto’s fast-paced financial hub, Industrious Toronto Financial District has you covered. Conveniently located on the eastern edge of the District, this eye-catching building features blue-tinted windows, a landscaped courtyard, and 24/7 security.
Standard and Unique Amenities in This Location
Located on a beautiful high-rise’s 12th, 14th, and 15th floors, Industrious Toronto Financial District has everything you need to make your workday exceptional. You’ll enjoy:
- Underground parking: Safe and onsite, so you don’t have to stress.
- Coffee and dining: Everything you need to stay fueled and energized at work.
- Dedicated onsite staff: Support for your daily needs so you can focus on work.
- Mail and packaging: Send and receive packages from one of Toronto’s most prestigious business areas.
- A collaborative environment: Open workspace with access to private conference rooms, offering the best of both worlds.
About the Financial District Neighborhood
One of the best things about coworking is the networking, and the Financial District offers some of the best networking in Canada. It’s home to some of the world’s top financial and insurance companies — Scotiabank, CIBC, RBC, Sun Life, and Canada Life, to name a few.
But coworking in the Financial District isn’t just about rubbing elbows or making your mark. It’s a great area of the city to work in, with plenty of mouth-watering lunch options and green parks to walk in when you need to stretch your legs. Check out the Sculpture Gardens for a taste of culture during your workday.
And when it gets too cold for park time, you can dash over from your office to the PATH, the world’s largest underground pedestrian plaza. When we say large, we mean 1,200 businesses taking up 3.7 million square feet of space. You can spend every lunch there and never get bored.
If you love working in bustling neighborhoods with plenty to do, Industrious Yonge & Bloor is one of the best coworking spaces in Toronto. The building is a newly renovated Class A office tower with soaring ceilings, luxury finishes, and a newly renovated lobby.
Standard and Unique Amenities in This Location
Industrious Yonge & Bloor offers everything essential to a productive coworking experience, plus extras you can only get at 33 Bloor East:
- Direct TTC access: Located where the Bloor-Danforth line meets Yonge-University-Spadina, the space is convenient no matter where you come from.
- Vibrant workspaces: Collaborate in style and feel the energy of a dynamic community.
- Private meeting spaces and phone booths: Space apart when you need it.
- Community events: Weekly happy hours where you can connect with Industrious coworkers.
- Retail and dining options: More than 100 feet of retail frontage in the building and much more in the surrounding blocks.
About the Neighborhood Around Bloor-Yonge station
When you work at Industrious Yonge & Bloor, you spend every day in one of Toronto’s most exciting neighborhoods. There are 33 condo projects in development, one of which will soon be the tallest condo building in Canada.
A short walk brings you to Bloor-Yorkville, where you’ll find world-class shopping, dining, and culture. Whether you want to impress a client or need some mid-day self-care time, this neighborhood has you covered.
The area has dozens of restaurants, from casual to high-end, plus world-class museums and parks. Where else can you visit the Royal Ontario during your lunch break? And in this “walker’s paradise,” it’s equally easy to get around.
Choose Your Ideal Industrious Coworking Space
Industrious Toronto Financial District and Industrious Yonge & Bloor offer something for everyone. Both are comfortable and convenient spaces for coworking in vibrant Toronto neighborhoods — one in the fast-paced financial centre and one steps from the city’s best shopping.
Both offer private offices and flexible spaces for collaboration. You choose what neighborhood works for you, and we make sure you have everything you need while you’re there.
Book a tour or schedule a call today, and see how Industrious Toronto coworking spaces can transform your working life.
FAQs About Toronto’s Coworking Spaces
How Much Does Coworking Cost in Toronto?
The cost of coworking space in Toronto depends on the location and how much space you need. Industrious Yonge & Bloor offers in-person workspaces starting at CA $540 a month and dedicated space at $5,810 a month. At Industrious Toronto Financial District, you can get space in one of the most in-demand business locations starting at $450 or $14,280 monthly for a team.
Is It Worth Paying for a Coworking Space?
Coworking is a valuable option for solo-working professionals and flexibility-minded teams. Individuals get the amenities and polish of a professional office, plus people to collaborate and network with.
For a team, a coworking space is an affordable and flexible alternative to a traditional office space. You can rent the space you need and size up or down based on your team’s needs.
How Much Does It Cost to Rent Office Space in Toronto?
As of fall 2024, office space in downtown Toronto costs CA $37.20 per square foot. The average office size is 150 to 250 square feet per person. For a 10-person team, that works out to about CA $55,800 per month. In high-demand areas like the Financial District, you’ll pay even more. Coworking is a cost-effective alternative, often costing less than CA $1,000 per month for space in some of Toronto’s most in-demand business districts.