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Warehouses for Rent in Toronto: Compare Rates & Lease Fast

Searching for warehouses for rent in Toronto? View current lease rates, top submarkets, and available space. Contact us today to find the right fit for your business.

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Warehouses for Rent in Toronto: Compare Rates & Lease Fast
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✍️ Written by: Will Schneider 🖊️ Edited by: Brandy Welborn
× We evaluate warehousing providers using research, data, and direct industry feedback, never paid placements or commissions. Learn how we maintain objectivity.

Need warehouse space in Toronto? Here’s what it costs, what affects pricing, and where to find space that fits your operation.

Why Businesses Lease Warehouse Space in Toronto

Leasing works for businesses that need to get moving without long delays or large upfront costs:

  • Fast occupancy – You can be operational in weeks, not months.
  • Lower capital investment – Rent frees up cash for inventory, staffing, or equipment.
  • Flexibility – Whether you’re growing or shifting operations, leases give you room to adjust.

What It Costs to Lease Warehouse Space in Toronto

Warehouse rates in the Greater Toronto Area typically range from CAD $11.00 to $18.00 per square foot per year, depending on your location and requirements.

Current averages:

  • Under 10,000 sq ft → $15.00–$18.00 PSF/year
  • 10,000–50,000 sq ft → $13.00–$16.00 PSF/year
  • 50,000+ sq ft → $11.00–$13.50 PSF/year

Short-term leases and specialized spaces cost more per square foot. Basic units with minimal features fall at the lower end.

What Impacts Your Lease Rate

Prices vary based on what you need:

  • Building age and condition – Newer facilities rent higher but may save on maintenance or energy.
  • Features – High ceilings, multiple dock doors, secure yards, or temperature control will raise the price.
  • Lease length – Short-term deals are more expensive. Multi-year terms typically lower your monthly rate.
  • Location demand – Rates vary widely between core, mid-suburban, and outer markets.

 

Top Submarkets for Warehouse Leasing in the Toronto Area

Here’s where businesses are actively securing warehouse space:

  • Mississauga: High demand, smaller units. Good for fast-moving goods and delivery-based operations.
  • Brampton: Midsize to large spaces at competitive rates. Well suited for storage, fulfillment, and wholesale.
  • Scarborough: East-end access with flexible space options. Often used by trades and e-commerce startups.
  • Etobicoke: Smaller buildings with quick access to west Toronto. Limited availability and moves fast.
  • Vaughan / Concord: Consistent inventory and newer stock. A solid choice for midsize and growing companies.

 

Why Leasing Beats Owning for Most Businesses

Leasing lets you focus on your operations, not property management. No upfront capital, no long closing periods, and no maintenance surprises. It’s the right fit for businesses that value speed, agility, and staying light on overhead.

Start Your Warehouse Search Today

Whether you need 6,000 or 60,000 square feet, we’ll help you find space that fits your budget and timeline. Contact our team now to see what’s available.

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Will Schneider President

Will Schneider is the Co-Founder and President of WarehousingAndFulfillment.com. He’s responsible for the strategic vision of the company. Previously, he served CEO of RMC Fulfillment and Clear Stream Fulfillment within the 3PL industry, gaining invaluable experience that helps the company best assist companies looking to outsource their fulfillment. In addition, Will served in executive management in the lead generation industry while at NetQuote, a leading lead generation company in the insurance vertical. See full bio

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WarehousingAndFulfillment.com’s content, including ratings and recommendations, is curated by a team of dedicated warehousing experts with decades of experience in the logistics industry. Each writer and editor adheres to WarehousingAndFulfillment.com’s strict editorial and evaluation guidelines. Our work has been featured in authoritative industry publications such as Information Week, Bplans, Supply & Demand Chain Executive, Chain Store Age, Parcel Industry, Manufacturing Digital, and The Association for Supply Chain Management. Since 2005, our experience in matching businesses with warehouse solutions and vetting warehouse providers includes:

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