If you own a cellphone, you know all about the long three-year agreements that most cellphone companies try to have you sign. Just a little while after the CRTC unveiled its new wireless code of conduct for cellphone companies, two of Canada’s three major telecom companies are planning to scrap three-year cellphone contracts. If you are a small business, you may also want to scrap multi-year leases just like three-year wireless plans. The idea of scrapping long-term deals is not a new strategy in the office-space landscape. For many years, office business centres have offered office space for rent as well as office space for lease Toronto on short-term contracts.

Businesses, especially small businesses and growing start-ups, are very reluctant to sign a long-term lease on Toronto office space that they may outgrow before the term of the lease is over. When a business rents or leases office space in an office business centre, that business is able to increase or decrease the amount of space they rent without being on the hook for a space they have either outgrown or no longer require. The company can move into different accommodations within the business centre without having to change its address or phone number. Taking advantage of short-term leases also means lower monthly operational costs and other services which provide you with more time to focus on actually building your business.

One of the questions that is frequently asked about office business centres that offer office space for rent is “who are the typical tenants in these places?”

Business Centre Tenant Profile

Start up and entrepreneurial companies: Office space for rent business centres are most suitable for start-ups and SMEs (small and medium-sized businesses) who are new to the market and do not want to make a long-term financial commitment with a traditional office space lease.
Service-based companies: Service-based companies that are in client interfacing roles such as outside sales, training and development, advertisement agencies, business coaches and consultants, will often rent office space within an office business centre to benefit from the prestigious business address such as The Toronto Star Building at 1 Yonge Street.
Branches offices: Many companies who wish to have a regional presence in various cities or countries will set up an office to explore business opportunities. For the most part they are looking to open their branch office in a facility that does not require a large amount of capitol investment or long-term leases.
Project-based companies: Office business centres that offer office space for rent rather than having to a sign long-term lease, are a convenient option for companies that require an office space for the duration of a specific contract – or short-term project that requires team space that their regular office space cannot accommodate.
Companies relocating: Companies that are in the process of relocating and are looking for a short-term solution until they are able to relocate to their new permanent office space, usually opt to rent office space in serviced business centres that does not require them to purchase office furniture or equipment.

Our Amenities

We are by far the most experienced and best coworking team in the market – established in 1980

We are the highest Tech centre in the market

We have a very modern, high quality, brand new facility located at:

18 King Street East, Suite 1400

Toronto, Ontario M5C 1C4 Canada

- 18 King Street East is a boutique Class A building – East of Yonge: easy street parking, less traffic, excellent restaurants and lovely parks – St. James Park @ Church & King and Berczy Park @ Wellington East, Scott and Front Streets – Very high energy and engaging area
- A few steps (a few seconds) to the Yonge Street subway/underground PATH network and streetcar available outside building
- Building is located in Toronto's vibrant financial district
- Plenty of parking available in the area including street parking and reserved parking in the 18 King building
- Adjacent to the building huge outdoor food courtyard - Beer Bistro www.beerbistro.com and Craft Beer Market www.craftbeermamrket.ca restaurants and bars with onsite catering services
- Onsite amenities: Tim Horton's, Beer Bistro, Convenience store and Starbucks across the street
- Nearby amenities: underground PATH network, numerous restaurants, banking, Starbucks plus a wide array of nearby shops and services
- New modernized office layout fully furnished with meeting spaces and training rooms plus café lounge area
- We are leaders in the service of training/meeting rooms with full conference facilities, high quality hot and cold catering
- Largest training room and conference facilities accommodate up to 60 people classroom style
- Ultra-high-speed - 1 GIG pipe = 1,000 x 1000 fiber-optic network, which will deliver internet connection speeds faster than most North American services
- Private shower room
- Indoor Reserved Parking at the current building rental rate
- Bicycle parking
- Rent a space to accommodate your team for meetings, training sessions, corporate events or coworking space or flexible office space for one day, one week, one month or one year, or whatever term suits your business
- Telsec has over 650 locations in 40 different countries worldwide available for their clients. Office clients receive up to 8 hours of meeting space per month at no charge at any ABCN member location. Plus, Office and Virtual Office clients may rent a space from any member location at special member rates which varies depending on the location
- King Edward Hotel is located across the street - recently completed a $40 million renovation and boutique hotels close by within walking distance

Dining and entertainment at high quality restaurants only minutes away – Carisma, Terroni, Woods Restaurant & Bar and Michelin Rated - Restaurant 20 Victoria. Plus numerous lunch and takeout eateries nearby

Please check out our 70 second video on our home page or click here:

Take a look at our facilities www.telsec.net

Telsec will Customize Your Client’s Office(s) Layout to Meet Their Requirements.

You are welcome to drop-in any-time, a quick call would be appreciated to ensure our availability Vanessa 416-574-1112 or Josie 416-606-4349 or e-mail josie@telsec.net.

Scrap Multi-Year Leases Just Like Three-Year Wireless Plans

Business Centre Tenant Profile

Looking to Learn More?

Your Business Cannot Afford NOT to Have Office Space Downtown

Office Space Coordinators get Asked a lot of Questions

Scrap Multi-Year Leases Just Like Three-Year Wireless Plans

Business Centre Tenant Profile

Looking to Learn More?

Your Business Cannot Afford NOT to Have Office Space Downtown

Office Space Coordinators get Asked a lot of Questions

Hotels

Restaurants

Health and Wellness

Our Amenities