Shared office space in Toronto can come in several forms with a variety of payment terms, overhead and types of office space being shared. The list includes:

Coworking office space
Traditional office space where 2 or more businesses share the office expense
Semi-private Office in a Business Centre where 2 businesses share an office
Team office space is a larger office shared by several employees of a single business
Flexible workspaces

The Pros and Cons of Coworking Shared office Space

Coworking office space is like a business centre that charges a monthly membership fee rather than a monthly rental fee. More networking opportunities are perceived to be one of the advantage, however, at telsec we have seen that there is also a sense of community and collaboration in our business centre. The biggest advantage that coworking provides is in the low costs and use of shared business equipment and support structure.

Coworking like all shared office space has both positives and negatives. Hours of access can be a problem if your business is part time because many coworking office spaces limit access to business hours of 9-5. Although the close proximity to other business people does provide networking and collaboration opportunities the downside to that is a lack of privacy that means there is always the possibility of other coworkers disturbing or distracting you from the business at hand!

Sharing Traditional Office Space

Before there was coworking workspace it was common for 2 or more startup businesses to share traditional office space. Because of the costs and terms/liabilities of traditional office space it is difficult to find benefits that justify the extra expense. Traditional office space is often higher in cost than any other type of shared office space. There is a definite trend away from traditional office space with even large established businesses seeing coworking space as a real alternative to traditional office space.

The Pros and Cons of Semi-Private Office Space in a Business Centre

Semi-private office space is an office shared by 2 people and paid on a monthly rental term. In our experience this is an excellent rental option for freelancers and professions that generally work and meet clients in an office environment, but, do not need to work from the office every day.

The Business Centre support staff provide professional personalized call answering and reception services maintaining a professional appearance even when you are not in the office. Many business centres also include some boardroom/meeting room/conference rooms with the shared office for meeting clients.

This is by far the most cost effective office space solution that provides not only a low price but also the greatest privacy and distraction free shared office space environment. Unlike coworking workspaces a semi-private office often includes a file cabinet which can be locked saving the hassle of lugging around a lot of “stuff” you use every day.
One negative to a semi-private office shared workspace is that there is one other person in the office. This is seldom a problem because often both people are not in the office at the same time. Also in many business Centres access is 24/7 365 days of the year so if there were an issue in the workspace it is easily avoided.

Team Space the Collaboration Space

Another type of shared space is team space which is a larger office that is shared by a small group of people working on a project, a company needing a temporary office or when team space is adjacent to an executive suite with private entrance team space is perfect for a manager/staff situation. This shared office is designed to encourage collaboration and networking within a group from the same company.

Flexible Workspace

Flexible workspace is all office space that is not leased. The name comes from the flexibility of the terms! The terms and cost savings are causing a change in the way business are beginning to look at office design and management. As Enterprise businesses begin to view flexible workspace as a viable alternative to owning or renting office space.

Conclusions

Telsec Business Centres is a flexible workspace provider offering all of the above shared office solutions. Our 24/7/365 days a year access is the best offer anywhere. Business does not run only between 9 and 5 don’t let your shared office space solution limit your ability to do business.

Looking to Learn More?

How & Why Big Business Will Drive Coworking Office Space Growth

18 King Street East Suite 1400
Toronto, Ontario
M5C 1C4 Canada
416-574-1112

18 King Street East Suite 1400
Toronto, Ontario
Canada M5C 1C4
416-574-1112

Site Designed By Giant Shoe Creative.

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.

Shared Office Space Toronto

The Pros and Cons of Coworking Shared office Space

Sharing Traditional Office Space

The Pros and Cons of Semi-Private Office Space in a Business Centre

Team Space the Collaboration Space

Flexible Workspace

Conclusions

Looking to Learn More?

How & Why Big Business Will Drive Coworking Office Space Growth

Will Flexible Workspaces Disrupt the Traditional Satellite and Branch Office Markets?

Shared Office Space Toronto

The Pros and Cons of Coworking Shared office Space

Sharing Traditional Office Space

The Pros and Cons of Semi-Private Office Space in a Business Centre

Team Space the Collaboration Space

Flexible Workspace

Conclusions

Looking to Learn More?

How & Why Big Business Will Drive Coworking Office Space Growth

Will Flexible Workspaces Disrupt the Traditional Satellite and Branch Office Markets?

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Our Amenities