There are many reasons why your business cannot afford NOT to have office space downtown. The least of these is that it is traditional mark of successful businesses to have a downtown address. Over the years, in a cost-saving measure, many businesses (especially larger businesses) have made the move to the suburbs. Now the trend is changing for business to leave the suburbs and return downtown. According to Chicagobusiness.com “Suburban landlords have more unwanted office space than any major metro area in the country, concludes New York-based tenant brokerage Studley Inc. Preliminary third-quarter statistics show 24.3 percent of suburban space is available, the highest level of the 12 U.S. suburban markets it tracks. That volume of unwanted space could fill the 110-story Willis Tower 7½ times.” This exodus from the suburbs to the downtown core can also be seen here in Toronto with the increase in not only downtown condominium development, but also as more office towers continue to rise.

Back in November we published a blog called “Google Recognized Importance of Downtown Toronto Office Space” in which we explored some of the reasons why companies are making the move back to the downtown area. The biggest reason by far for companies to move back downtown is that they can draw from the pool of young, highly educated workers who have been buying into newly built condos in the city’s centre. This young workforce wants to live and work downtown and not in the suburbs.

While you may understand why larger companies may need to be downtown, let’s explore why it is important for small businesses to also make that same move. One of the primary reasons small businesses have for locating downtown is that they need to be where their customers are – or where their customers expect them to be. This can be seen in how people seek out businesses these days. Gone are the days of everyone using large printed business directories. Today most people look for businesses on the worldwide web, but even more are using mobile devices such as laptops, tablets, smartphones and even GPS units. As these technologies change, so does the way searches are done in terms of location. This can be seen when you do a search for a local business on a mobile device. The search engine tries to help you find those businesses that are close to the location you are searching. So if your business wants to be found when someone searches for downtown, you have to have a downtown address to come up in the local search results.

Because not every business has or needs office space for rent downtown, but needs to have a downtown presence, office business centres can offer several price ranges of options. For businesses who do not need a private office space that they use all the time, there are semi-private and shared office options for a fraction of the cost of traditional downtown office space. Even those companies who have no need for even a shared office, there are virtual office solutions that can give them a prestigious downtown office address for as low as $3o per month. Before you consider taking a P.O. box downtown for roughly the same price, you should consider that online business directories list local businesses like Google + local pages, but not businesses with P.O. box addresses.

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.

Your Business Cannot Afford NOT to Have Office Space Downtown

Looking to Learn More?

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Your Business Cannot Afford NOT to Have Office Space Downtown

Looking to Learn More?

15 Ways for Small Businesses to Save Money

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

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Our Amenities