Rent Calculation

Warehouse Rent Calculation

Please be advised that the costs of a warehouse in the Toronto GTA area range from $4.00 to $7.50 sq. feet net rent, the rate increases with clearance height particularly over 22 ft.

Further to the net rent there is an additional cost factor for Taxes Maintenance and the Landlord's Building Insurance (TMI) which can range from $3.00 to $5.50 per square feet. Therefore the total cost may range from $7.00 to $12.50 per square feet plus H.S.T. TMI is a true hard cost to the Landlord. To calculate the cost of rent the Formula is as follows:

Total Sq. ft. X (Net Rent + TMI) = Annual Rent/ 12  =  Monthly Rent.

HST must be paid on all commercial leases. There will be additional costs such as Tenant Insurance, Utilities, Telephone and Internet. Please note most commercial leases are on a net\net\net  basis.

If you are a buyer client our Commission Fees are paid directly to our Brokerage by the Landlord on completion of a transaction.*

To become a client of our Brokerage it will be necessary to engage our services. Our Team's focus is Commercial | Industrial | Office Sales and Leasing. I trust you will be in touch with my office to see if we can assist you further.

Office Rent Calculation

Office Rent in the Toronto GTA area may range from $8.00 to $18.00 per sq.ft. net rent. If you are looking at a AAA class a Building then the rates are far great. There is another another cost factor which reflects operating costs and realty taxes similar to TMI noted above. This factor will range from $12.00 per sq.ft. to $24.00 per sq.ft. Office Leasing is more involved as there are other factors involved such as leasehold improvements which are amortized over the lease agreement as well additional costs as monthly parking.

I would recommend that if you wish further information to contact Allen Mayer Broker directly.

* will be disclosured prior to touring a property.