chris@officesearchtoronto.com

The Costs and Benefits of Office Design

Office Construction toronto

If you’ve been reading for a while, you’ve no doubt seen offices designed on the cheap as well as ones that cost a pretty penny. Because of this wide range in price, I find myself wondering: At what point does the cost of a project outweigh the benefit of the proposed results?

Broad Reasons for Great Office Design

Without getting into the specifics of each, there are fairly clear reasons that a well-designed workplace can be an important asset for any company.

  • Improve efficiency of employees
  • Improve workplace atmosphere
  • Improve employee wellbeing
  • Improved means of enticing prospective talent
  • Improved means of impressing potential customers

The Costs of Great Office Design

Let’s take a peek at some reasons you might find a well-designed office to be expensive:

  • Construction/Designer Costs
  • Furniture
  • Larger Space
  • Time Intensive

Analyzing the Costs and Benefits Together

Without putting dollar signs on each of your employees, it is important to think through your reasons for improving your space and whether or not those are worthwhile investments. That’s not to say that you either make the improvements or don’t make them, but rather a call to make intelligent decisions about what is most important for your organization.

  • Google obviously feels comfortable designing posh, fun, and photogenic workspaces in an effort to entice employees, but is it really necessary for the average employer to spend incredible sums of money on an office as a means of recruiting? Probably not. Instead, focus on building a great company that your employees love working for.
  • That said, many companies do see the importance of using their space as an advertisement for their company, their creativity, and their product. But please know that just spending money on an office to make it seem like your are an amazingly creative company is not enough to actually make you an amazingly creative company.
  • If you’re really keen on spending $2000 on each employee’s workstation, but can achieve the same efficiency or wellbeing gains for $1500, why not go for the less expensive option?
  • Construction costs are the bulk of any major office redesign, while furniture is the least expensive. Facebook’s Palo Alto office was completed with a low cost/sqft because they were able to chose a space without needing major construction work.
  • Sometimes, beyond money, redesigning an office can be a real pain and used up more time than you would actually save by having a redesign.

All of this said, envying over photos of offices is one thing, but when it comes to actually designing an office, please make sure that the goal of your design isn’t to win the prettiest office award, but rather to win the best functioning space to work in.

Original Post by Office Snapshots – By: Stephen Searer

Toronto Downtown North Commercial Real Estate – January 2011

We provide free custom surveys of available office space including a price list and floor plans. Simply reach out to us here!

Address Available Space (sf) Asking Gross Rental Rate (psf) Asking Monthly Rate Asking Annual Rate
14 College Street 3,226 $35.00 $9,409.17 $112,910.00
14 College Street 3,332 $35.00 $9,718.33 $116,620.00
14 College Street 3,358 $35.00 $9,794.17 $117,530.00
14 College Street 3,358 $35.00 $9,794.17 $117,530.00
14 College Street 3,358 $35.00 $9,794.17 $117,530.00
14 College Street 3,358 $35.00 $9,794.17 $117,530.00
174 Spadina Avenue 3,211 $32.00 $8,562.67 $102,752.00
2 Carlton Street 4,975 $32.94 $13,656.38 $163,876.50
2 Carlton Street 3,495 $32.94 $9,593.78 $115,125.30
2 Carlton Street 1,189 $32.94 $3,263.81 $39,165.66
2 Carlton Street 1,097 $32.94 $3,011.27 $36,135.18
2 Carlton Street 1,105 $32.94 $3,033.23 $36,398.70
2 Carlton Street 3,795 $32.94 $10,417.28 $125,007.30
2 Carlton Street 1,926 $32.94 $5,286.87 $63,442.44
2 Carlton Street 2,287 $32.94 $6,277.82 $75,333.78
2 Carlton Street 1,430 $30.56 $3,641.73 $43,700.80
2 Carlton Street 4,696 $53.94 $21,108.52 $253,302.24
20 Carlton Street 1,009 $24.00 $2,018.00 $24,216.00
229 Yonge Street 2,864 $31.85 $7,601.53 $91,218.40
229 Yonge Street 2,735 $31.85 $7,259.15 $87,109.75
250 Dundas Street W 3,601 $32.41 $9,725.70 $116,708.41
27 Carlton Street 1,026 $42.50 $3,633.75 $43,605.00
27 Carlton Street 1,125 $42.50 $3,984.38 $47,812.50
295 College Street 4,142 $33.00 $11,390.50 $136,686.00
295 College Street 3,490 $33.00 $9,597.50 $115,170.00
295 College Street 4,383 $33.00 $12,053.25 $144,639.00
30 St Patrick Street 3,025 $30.00 $7,562.50 $90,750.00
425 University Avenue 1,984 $28.30 $4,678.93 $56,147.20
438 University Avenue 3,261 $42.01 $11,416.22 $136,994.61
439 University Avenue 1,258 $33.40 $3,501.43 $42,017.20
439 University Avenue 1,815 $33.40 $5,051.75 $60,621.00
439 University Avenue 1,934 $33.40 $5,382.97 $64,595.60
480 University Avenue 1,496 $25.69 $3,202.69 $38,432.24
481 University Avenue 2,469 $33.04 $6,797.98 $81,575.76
481 University Avenue 2,484 $33.04 $6,839.28 $82,071.36
595 Parliament Street 1,952 $17.00 $2,765.33 $33,184.00
595 Parliament Street 1,017 $17.00 $1,440.75 $17,289.00
595 Parliament Street 2,867 $17.00 $4,061.58 $48,739.00
7 Labatt Avenue 3,000 $20.00 $5,000.00 $60,000.00
7 Labatt Avenue 5,000 $20.00 $8,333.33 $100,000.00
800 Bay Street 5,000 $38.26 $15,941.67 $191,300.00
800 Bay Street 3,883 $38.26 $12,380.30 $148,563.58

Office Space for Lease from Dundas to Bloor – Toronto

Commercial real estate toronto

We provide free custom surveys of available office space including a price list and floor plans. Simply reach out to us here!

Dtn dec 2010

View more documents from Chris Fyvie.
Address Available Space (sf) Asking Gross Rental Rate (psf) Asking Monthly Rate
14 College Street 3,226 $35.00 $9,409.17
14 College Street 3,332 $35.00 $9,718.33
14 College Street 3,358 $35.00 $9,794.17
14 College Street 3,358 $35.00 $9,794.17
14 College Street 3,358 $35.00 $9,794.17
14 College Street 3,358 $35.00 $9,794.17
174 Spadina Avenue 3,211 $32.00 $8,562.67
2 Carlton Street 4,975 $32.94 $13,656.38
2 Carlton Street 3,495 $32.94 $9,593.78
2 Carlton Street 1,189 $32.94 $3,263.81
2 Carlton Street 1,097 $32.94 $3,011.27
2 Carlton Street 1,105 $32.94 $3,033.23
2 Carlton Street 3,795 $32.94 $10,417.28
2 Carlton Street 1,926 $32.94 $5,286.87
2 Carlton Street 2,287 $32.94 $6,277.82
2 Carlton Street 1,430 $30.56 $3,641.73
2 Carlton Street 4,696 $53.94 $21,108.52
20 Carlton Street 1,009 $24.00 $2,018.00
229 Yonge Street 2,864 $31.85 $7,601.53
229 Yonge Street 2,735 $31.85 $7,259.15
250 Dundas Street W 3,601 $32.41 $9,725.70
27 Carlton Street 1,026 $42.50 $3,633.75
27 Carlton Street 1,125 $42.50 $3,984.38
295 College Street 4,142 $33.00 $11,390.50
295 College Street 3,490 $33.00 $9,597.50
295 College Street 4,383 $33.00 $12,053.25
30 St Patrick Street 3,025 $30.00 $7,562.50
425 University Avenue 1,984 $28.30 $4,678.93
438 University Avenue 3,261 $42.01 $11,416.22
439 University Avenue 1,258 $33.40 $3,501.43
439 University Avenue 1,815 $33.40 $5,051.75
439 University Avenue 1,934 $33.40 $5,382.97
480 University Avenue 1,496 $25.69 $3,202.69
481 University Avenue 2,469 $33.04 $6,797.98
481 University Avenue 2,484 $33.04 $6,839.28
595 Parliament Street 1,952 $17.00 $2,765.33
595 Parliament Street 1,017 $17.00 $1,440.75
595 Parliament Street 2,867 $17.00 $4,061.58
7 Labatt Avenue 3,000 $20.00 $5,000.00
7 Labatt Avenue 5,000 $20.00 $8,333.33
800 Bay Street 5,000 $38.26 $15,941.67
800 Bay Street 3,883 $38.26 $12,380.30

Available Commercial Real Estate – Downtown West Toronto

commercial real estate toronto

Please note the attached office space is not listed with OfficeSearchToronto.com but call us first at 416-992-9869 or email us here!

Address Available Space (sf) Asking Gross Rental Rate (psf) Asking Monthly Rate
111 Peter Street 1,353 $30.33 $3,419.71
111 Peter Street 932 $30.33 $2,355.63
111 Peter Street 955 $30.33 $2,413.76
111 Peter Street 971 $30.33 $2,454.20
111 Peter Street 1,193 $30.33 $3,015.31
111 Peter Street 1,310 $30.33 $3,311.03
111 Peter Street 1,245 $30.33 $3,146.74
217 Richmond Street W 1,537 $30.00 $3,842.50
326 Adelaide Street W 1,455 $22.00 $2,667.50
425 Adelaide Street W 1,669 $25.06 $3,485.43
425 Adelaide Street W 1,000 $25.06 $2,088.33
555 Richmond Street W 1,572 $18.85 $2,469.35
96 Spadina Avenue 1,363 $29.36 $3,334.81

Fringe Office Space around the Financial Core – Toronto November 2010

Toronto Commercial Real Estate

For floor plans or a survey of available office space in Toronto provide your contact info here and I will be in touch with a custom survey of office space tailored to your needs. It can’t get any easier that that!

Dtn

View more documents from Chris Fyvie.
Address Available Space (sf) Asking Gross Rental Rate (psf) Asking Monthly Rate
14 College Street 3,226 $35.00 $9,409.17
14 College Street 3,332 $35.00 $9,718.33
14 College Street 3,358 $35.00 $9,794.17
14 College Street 3,358 $35.00 $9,794.17
14 College Street 3,358 $35.00 $9,794.17
14 College Street 3,358 $35.00 $9,794.17
174 Spadina Avenue 3,211 $32.00 $8,562.67
2 Carlton Street 4,975 $32.94 $13,656.38
2 Carlton Street 3,495 $32.94 $9,593.78
2 Carlton Street 1,189 $32.94 $3,263.81
2 Carlton Street 1,097 $32.94 $3,011.27
2 Carlton Street 1,105 $32.94 $3,033.23
2 Carlton Street 3,795 $32.94 $10,417.28
2 Carlton Street 1,926 $32.94 $5,286.87
2 Carlton Street 2,287 $32.94 $6,277.82
2 Carlton Street 1,430 $30.56 $3,641.73
2 Carlton Street 4,696 $53.94 $21,108.52
20 Carlton Street 1,009 $24.00 $2,018.00
229 Yonge Street 2,864 $31.85 $7,601.53
229 Yonge Street 2,735 $31.85 $7,259.15
250 Dundas Street W 3,601 $32.41 $9,725.70
27 Carlton Street 1,026 $42.50 $3,633.75
27 Carlton Street 1,125 $42.50 $3,984.38
295 College Street 4,142 $33.00 $11,390.50
295 College Street 3,490 $33.00 $9,597.50
295 College Street 4,383 $33.00 $12,053.25
30 St Patrick Street 3,025 $30.00 $7,562.50
425 University Avenue 1,984 $28.30 $4,678.93
438 University Avenue 3,261 $42.01 $11,416.22
439 University Avenue 1,258 $33.40 $3,501.43
439 University Avenue 1,815 $33.40 $5,051.75
439 University Avenue 1,934 $33.40 $5,382.97
480 University Avenue 1,496 $25.69 $3,202.69
481 University Avenue 2,469 $33.04 $6,797.98
481 University Avenue 2,484 $33.04 $6,839.28
595 Parliament Street 1,952 $17.00 $2,765.33
595 Parliament Street 1,017 $17.00 $1,440.75
595 Parliament Street 2,867 $17.00 $4,061.58
7 Labatt Avenue 3,000 $20.00 $5,000.00
7 Labatt Avenue 5,000 $20.00 $8,333.33
800 Bay Street 5,000 $38.26 $15,941.67
800 Bay Street 3,883 $38.26 $12,380.30

Toronto Office Survey – 900 to 1500 sf in Downtown or Midtown Toronto

Toronto office space for lease commercial real estate

For commercial real estate advice or a custom survey of available office space call 416-992-9869 or contact us here!

Address Available Space (sf) Asking Gross Rental Rate (psf) Asking Monthly Rate
1 Queen Street E 1,400 $48.26 $5,630.33
1 St Clair Avenue W 1,042 $32.50 $2,822.08
10 King Street E 1,441 $37.42 $4,493.52
1235 Bay Street 1,116 $34.75 $3,231.75
1235 Bay Street 1,424 $34.75 $4,123.67
1240 Bay Street 1,040 $28.20 $2,444.00
133 Richmond Street W 1,173 $29.26 $2,860.17
145 King Street W 1,015 $47.74 $4,038.01
150 Eglinton Avenue E 1,048 $28.60 $2,497.73
150 Eglinton Avenue E 1,191 $28.60 $2,838.55
150 Eglinton Avenue E 1,268 $28.60 $3,022.07
155 University Avenue 1,444 $34.92 $4,202.04
160 Eglinton Avenue E 1,215 $29.00 $2,936.25
161 Eglinton Avenue E 1,374 $30.06 $3,441.87
161 Eglinton Avenue E 1,286 $30.06 $3,221.43
1670 Bayview Avenue 1,353 $28.60 $3,224.65
1670 Bayview Avenue 1,439 $28.60 $3,429.62
170 Bloor Street W 1,374 $38.40 $4,396.80
170 Bloor Street W 1,411 $38.40 $4,515.20
170 University Avenue 1,324 $39.18 $4,322.86
174 Spadina Avenue 919 $32.00 $2,450.67
175 Bloor Street E 1,400 $35.17 $4,103.17
1849 Yonge Street 926 $34.48 $2,660.71
1849 Yonge Street 1,215 $34.48 $3,491.10
2 Carlton Street 1,054 $32.94 $2,893.23
2 Carlton Street 1,097 $32.94 $3,011.27
2 Carlton Street 1,287 $28.94 $3,103.82
2 Carlton Street 984 $32.94 $2,701.08
2 Carlton Street 990 $32.94 $2,717.55
2 Carlton Street 1,430 $26.25 $3,128.13
2 St Clair Avenue E 1,335 $36.16 $4,022.80
2 St Clair Avenue E 1,335 $36.16 $4,022.80
2 St Clair Avenue E 1,426 $36.16 $4,297.01
20 Adelaide Street E 1,280 $38.00 $4,053.33
20 Carlton Street 1,009 $24.00 $2,018.00
20 Eglinton Avenue W 1,250 $36.95 $3,848.96
20 Queen Street W 1,354 $44.21 $4,988.36
21 St Clair Avenue E 1,043 $32.43 $2,818.71
2200 Yonge Street 1,077 $35.99 $3,230.10
2200 Yonge Street 1,487 $36.99 $4,583.68
2300 Yonge Street 1,402 $34.95 $4,083.33
260 Spadina Avenue 1,000 $19.00 $1,583.33
27 Carlton Street 1,026 $25.00 $2,137.50
27 Carlton Street 1,125 $25.00 $2,343.75
30 St Clair Avenue W 1,335 $40.95 $4,555.69
3080 Yonge Street 1,208 $34.13 $3,435.75
3080 Yonge Street 1,104 $34.13 $3,139.96
330 Bay Street 1,440 $34.40 $4,128.00
330 Bay Street 1,415 $34.40 $4,056.33
330 University Avenue 1,142 $37.21 $3,541.15
357 Bay Street 1,465 $37.88 $4,624.52
365 Bay Street 1,005 $38.84 $3,252.85
365 Bloor Street E 926 $31.33 $2,417.63
366 Bay Street 1,370 $34.95 $3,990.13
390 Bay Street 1,271 $41.77 $4,424.14
40 Eglinton Avenue E 974 $31.98 $2,595.71
40 Wellesley Street E 1,355 $30.00 $3,387.50
40 Wellesley Street E 1,351 $30.00 $3,377.50
40 Wellesley Street E 1,418 $30.00 $3,545.00
401 Bay Street 1,400 $43.48 $5,072.67
439 University Avenue 979 $33.40 $2,724.88
480 University Avenue 1,496 $25.69 $3,202.69
481 University Avenue 996 $33.04 $2,742.32
55 St Clair Avenue W 1,073 $39.47 $3,529.28
55 St Clair Avenue W 1,144 $39.47 $3,762.81
55 St Clair Avenue W 1,009 $39.47 $3,318.77
55 University Avenue 1,266 $36.03 $3,801.17
55 University Avenue 921 $36.03 $2,765.30
55 York Street 1,281 $37.39 $3,991.38
6 Adelaide Street E 1,054 $31.55 $2,771.14
60 Bloor Street W 1,196 $42.42 $4,227.86
60 St Clair Avenue E 1,112 $27.30 $2,529.80
60 St Clair Avenue E 1,369 $27.30 $3,114.48
65 Queen Street W 958 $44.64 $3,563.76
67 Yonge Street 1,382 $35.38 $4,074.60
69 Yonge Street 1,326 $32.04 $3,540.42
69 Yonge Street 1,161 $35.04 $3,390.12
77 Bloor Street W 1,246 $40.82 $4,238.48
77 Bloor Street W 1,153 $40.82 $3,922.12
80 Richmond Street W 1,219 $35.68 $3,624.49
90 Adelaide Street W 1,035 $38.82 $3,348.23
90 Adelaide Street W 1,163 $38.82 $3,762.31
94 Cumberland Street 1,086 $31.64 $2,863.42
94 Cumberland Street 1,228 $31.64 $3,237.83

Office Space Available for Lease – Downtown North Toronto – April 2010

Commercial Real Estate Downtown North Toronto

We provide free custom surveys of available office space including a price list and floor plans. Simply reach out to us here!

Address Available Space (sf) Asking Gross Rental Rate (psf) Asking Monthly Rate
123 Edward Street 2,758 $35.93 $8,257.91
123 Edward Street 2,360 $35.93 $7,066.23
174 Spadina Avenue 3,211 $32.00 $8,562.67
180 Dundas Street W 2,602 $33.74 $7,315.96
2 Carlton Street 1,926 $31.44 $5,046.12
2 Carlton Street 1,714 $31.44 $4,490.68
229 Yonge Street 2,864 $31.85 $7,601.53
229 Yonge Street 2,735 $31.85 $7,259.15
250 Dundas Street W 3,601 $31.85 $9,557.65
425 University Avenue 2,000 $27.60 $4,600.00
438 University Avenue 2,875 $41.06 $9,837.29
480 University Avenue 3,000 $32.30 $8,075.00
480 University Avenue 2,600 $32.30 $6,998.33
481 University Avenue 2,484 $33.17 $6,866.19
70 Bond Street 3,300 $28.89 $7,944.75
800 Bay Street 3,883 $37.76 $12,218.51

Commercial Real Estate Downtown West Toronto

Downtown West Office Space

Click on the Chart below to enlarge
Downtown West Price List Commercial Real Estate
Please note the attached office space is not listed with OfficeSearchToronto.com but call us first at 416-992-9869 or E-mail Me for floor plans and additional information. To browse available office space CLICK HERE!

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New Downtown West Office Space

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174 Spadina Avenue – Spadina and Queen!
Suite 302 – 1,785 sf – Sublease to May 30, 2012 – $4,000 per month

Hardwood floors, large boardroom or office and open space. Fantastic open concept brick and beam space and a must see if you’re looking for offices in the Downtown West.
LINK TO VIDEO / PICTURES

Office Space Deals Across Toronto

 | Office Space Toronto | Commercial Real Estate Toronto

Every week, or as much as I can… I’ll post the better deals that come across my desk.  Here are this weeks!

1 Eglinton Avenue East – 1,166 sf
2 Bloor Street West – 845 sf
21 Camden Street – 2,056 sf
40 Wynford Drive – 614 to 3,104 sf
121 Richmond Street West – 2,410 sf
123 Edward Street – 683 sf to 1,911 sf
174 Spadina Avenue – 287 sf to 2,500 sf
229 Yonge Street – 2,735 sf
260 Spadina Avenue – 1,660 sf
326 Adelaide Street West – 1,497 sf to 3,020 sf

Not sure how many ways I can say this but I guess I have to get use to it.  The reason I post these office space and provide information to the public is because I’m looking for new business!  If you are looking for new office space, to sublease your current space or are starting the process of renewing your lease I can help.  And it’s Free!  Call me at 416-992-9869 or email chris@officesearchtoronto.com.  Just let me know the area of Toronto you are focused on and the size of space I will do the rest for you!  You can spend and waste HOURS of your time going about this alone, or you can contact me and I will do the work for you.  Pick up the phone and give me a shot!

Please note the attached office space is not listed directly with OfficeSearchToronto.com.

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