On average, listings lease in the $10's per square foot per year. The Scarborough submarket is experiencing a decrease in rates. In the last 3 months, the median rate fell $4 per sqft per year. That's a 21% decrease in rent.
In the last 90 days, 2 listings have come on the market, which means office spaces might be leasing quickly. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
Even though the median size is 25,860 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this region are close to 1 stories. Most buildings in this market were built in 0 and are Class Class A.