Building Class

Building Classifications in Toronto

To help you understand the pricing and what you may expect with the

various types of building, please read the following:

Class “A” Buildings

♦ Distinct or prestige image due to its location, major tenant(s),

architecture and landscaping, etc.;

♦ Stability of ownership and quality management services;

♦ High or highest quality materials and finishes throughout;

♦ Recent date of construction and state-of-the-art heating, air conditioning

and ventilation (HVAC), and advanced security systems; and

♦ Typically priced between $50.00 – $60.00 gross per square foot per

annum

Class “B” Buildings

♦ Well located and managed;

♦ Better quality building materials and finishes;

♦ Somewhat older building (although many older buildings still remain

Class A);

♦ HVAC not state-of-the-art; good security system; and

♦ Typically priced between $30.00 and $50.00 gross per square foot per

annum

Class “C” Buildings

♦ Usually a smaller building;

♦ Slow elevators or walk-up;

♦ Little or no security system;

♦ No underground parking; often no parking at all; and

♦ Typically priced below $30.00 gross per square foot per annum

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