2024 Canada Flexible Office Market Report

Canada’s flexible office space market witnessed significant momentum in 2024, fueled by the continued rise of hybrid work models and a shift from rigid, long-term leases. Businesses increasingly opt for coworking hubs, managed spaces, and on-demand offices that offer greater agility, employee engagement, and operational flexibility.

While major metropolitan areas like Toronto, Vancouver, and Montreal continue to dominate flexible office market demand, regional cities are also emerging as attractive destinations as companies decentralize and expand across Canada.