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Toronto's Retail Scene: Tightest Submarkets & Soaring Rents

Published 1 week ago
Description

Torontos retail scene is booming, with key streets like Ossington Avenue and Leslievilles Queen Street East seeing zero availability by the end of 2025. West Queen West and Summerhill are also feeling the crunch, with tenants outnumbering options. Experts attribute this to a decade of transformation, turning these areas into hotspots for retailers. Yonge Street between Gerrard and Bloor is shifting towards bigger-name tenants, with multiple offers common. The imbalance is expected to continue, driving up rents and limiting options across Torontos top corridors.

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