We’ve all heard the adage location, location, location when it comes to real estate, and it’s just as true for commercial space as it is for homes and apartments. If you’re contemplating the next move for your business, consider the Forest City! We’ll review the key reasons why choosing London, Ontario for your office location may be the ideal way to help your business thrive.
Market Accessibility
Located two hours from Toronto and just an hour from the border, London is ideally situated to access major markets in both Canada and the US. Excellent rail connections make it easy to transport products, and the city’s thriving business community makes networking a breeze.
Access to an Educated Workforce
London is home to two of Ontario’s major educational institutions: Western University and Fanshawe College. With graduates entering the job market every year, new talent is constantly emerging, giving your business an edge when it comes to hiring. Businesses in London take advantage of the new ideas and fresh perspectives that new graduates have to offer and have a hand in shaping the workforce of the next generation.
A Thriving Culinary and Entertainment Scene
London’s thriving culinary and entertainment scene makes it a desirable place to live, attracting talent to the city in droves and providing plenty of options for those ever-important business lunches and dinners. Downtown London is home to numerous fantastic local restaurants and cafés, not only along Richmond Row where you’ll find the Grand Theatre and Talbot Centre Mall, but just steps away at venues like Centennial Hall, Budweiser Gardens and Covent Garden Market.
More Affordable Housing and Commercial Space
Real estate prices in Toronto have skyrocketed, pricing many businesses and employees out of the market. In contrast, London’s real estate market presents an affordable alternative, with the average house price listed at just $387,000—hundreds of thousands of dollars less than a comparable home in Toronto.
Commercial leasing options follow the same trend, with businesses finding desirable commercial spaces in major commercial areas at a fraction of the cost. For example, our spaces at 140 Fullarton, 148 Fullarton and 114 Dundas are centrally located, with customizable office space that you can afford.
Flexible Commercial Space to Suit Your Needs
London offers a range of commercial spaces to suit the needs of various businesses, from startups to well-established companies. Entrepreneurs and sole proprietors will appreciate the ample coworking space, whereas small and large businesses will benefit from the variety of office spaces to choose from.
Summit’s commercial offices vary in size and location and can be uniquely customized to suit your business. Our dedicated design team will collaborate with you to create a space that perfectly meets your needs to make your dream a reality.
Grow Your Business with Summit Properties
As London’s premier property management company, Summit takes pride in providing beautifully appointed, professional spaces for businesses large and small. With in-house designers and experts at your side every step of the way, let us help your business thrive. Contact us today to get started!